Answer:
C. protected property rights; were extractive and authoritarian
Explanation:
Based on the work of Acemoglu, Johnson and Robinson there were different types of colonization policies which created different sets of institutions. These authors argued that the colonization path was strongly influenced by feasibility of settlements. On the one hand, tropical places where diseases were more likely and affected Europeans the most, settlers formed extractive institutions. These institutions were not designed to protect private property or provide checks and balances against government expropriation. Their main objective was to transfer as much of the resources of the colony to the colonizer. On the other hand, where climates were more moderate, settlers seek to replicate European institutions, emphasizing private property and checks and balances against government power.
The type of decision making used when purchasing dress, pants and shirt is <u>routine decision making</u>.
<u>Explanation</u>:
Depending upon the involvement shown in buying the products, the type of buying decision making can be categorized as:
• Routine response behavior
• Limited decision making
• Extensive decision making.
<u>Routine response behavior </u>is exposed when the consumer is familiar with the product to-be-purchased and also on purchasing low cost goods. Generally people will show less involvement in frequently buying products.
<u>Extensive Decision Making </u>occurs while purchasing the expensive product. These products are unfamiliar and are not bought frequently. So their involvement level will be high.
The definition of liquidity is how easily an investment can be exchanged for cash. Hope this helps!
Answer:
$1,100
Explanation:
The computation of the amount realized is shown below:
= Fair market value of exchanged for stock + cash in a transaction - selling expenses incurred
= $850 + $350 - $100
= $1,100
Basically we have added the cash and subtracted the sales expenses to the fair market value so that the correct amount of the realized amount will come in.
Answer:
Hilary's adjusted basis at the end of the year $0
Explanation:
Hillary's base in general business income and tax-free income grows and then deducts
. He understood the cash flow from his original cash disbursement and partnership debt reduction. Hillary must report a capital gain of $ 12,000 on a zero interest basis in her partnership interest, since his actual and perceived cash distribution exceeds his base after raising it through a positive adjustment for the year.
$10,000 + $5,000 - $3,000 - $10,000 - $2,000 = 0
