Answer:
B. FALSE
Explanation:
When a country becomes an importer of a specific kind of good, the local / domestic producers are worse off because it increases competition in their local market.
If a good is imported there will be a decrease in producer surplus, and an increase in consumer surplus. Domestic producers lose from trade, and domestic consumers gain.
Construction contracts often include a provision awarding damages to the buyer at "X" amount of dollars per day for each day the builder is late in completing the work. The parties to the contract agree on this amount in advance because they know the buyer will incur added costs, or will lose profits, because of the delay. If the amount fixed for the damages is unreasonably high, the court will consider it a <u>Penalty</u> and will not enforce it.
Explanation:
<u>"Construction Contract" can be defined as a combination of various individual documents which focuses on the different aspect of the project, or it can also be a multi-page document which contains various sections that offers details on different aspects of the agreement.</u>
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A construction contract includes
- Name of contractor and contact information.
- Name of homeowner and contact information.
- It describes property in legal terms.
- The various list of attachments of the contract.
- The cost involved
- Description of the work and its completion date.
- Right to stop the project.
79 companies began to
produce sporting goods products between 1880 and 1890.
Some big companies that
had formed much earlier converted to sporting goods. Draper & Maynard, for
example, made men's gloves in the 1840s, but began manufacturing baseball
gloves and hunting gloves in the 1880s.
C.Taiwan, Singapore, Hong Kong, and South Korea
True.
A market supply schedule shows the quantity of a good that all suppliers are willing to produce for the market at a variety of prices.
