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SVETLANKA909090 [29]
3 years ago
7

Which term is defined as the maximum legal price for a good or service

Social Studies
2 answers:
Yuri [45]3 years ago
3 0
Price ceilings a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply. I hope this answer helps and mark as brainliest.
Arisa [49]3 years ago
3 0

Answer:

The correct answer is price ceiling.

Explanation:

This price is set by the government establishing a limit on the highest price of a product, good, can be. To make sure it would not lead to a crisis or similar things, this price should be established below the natural market equilibrium. This is a type of price control and they usually apply to food and energy products when regular consumers cannot afford them.  

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A person who enters into a contract when he or she is intoxicated can void the contract if he or she did not comprehend the lega
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Someone who enters into a contract when she or he is intoxicated can void the settlement if she or he no longer realizes the prison consequences. False.

A void settlement is a contract that isn't always legally enforceable, beginning from the time it was created. whilst each void and voidable agreement is null, a void contract can not be ratified. In a felony feel, a void agreement is treated as though it was in no way created and becomes unenforceable in the courtroom.

A settlement to perform an illegal act is an example of a void agreement. for instance, an agreement between drug sellers and customers is a void settlement absolutely because the terms of the agreement are unlawful. In this sort of case, neither birthday party can visit the court to put in force the settlement.

With a void contract, the contract can't come to be legitimate just through both events agreeing, as you can't commit to doing something unlawful. Voidable contracts may be made legitimate if the celebration who is not bound agrees to give up their rights to rescission. Examples of void contracts could consist of prostitution or gambling.

Learn more about the void contracts here: brainly.com/question/15274330

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8 0
1 year ago
Neo recently started kindergarten, and one day he tells his dad that he got a gold star for being the best at following instruct
Makovka662 [10]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

Neo recently started kindergarten, and one day he tells his dad that he got a gold star for being the best at following instructions. His dad gives him a high five, but inside he feels somewhat concerned that his son is learning to blindly obey authority figures. Neo's dad is uneasy about the effect on his son of the school's commands.

Neo's dad concerns about the fact that the school teacher is giving orders and his son is blindly following them. Although we are talking about kindergarten children, the concern is about why not letting children have the option to decide among a series of options, or when ordering, the teacher should explain the reason why children have to do what is being ordered.

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2 years ago
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