Answer:
Option a
Explanation:
A conditions are needs that are to be meant in order to complete an action.
Assignment of Claims Act: This claim to a company to give money due or to become due under a contract, but only if certain conditions are met. It gives contractor the right to assign claims to payment on a Government contract so as to be able to finance the contract endeavor.
An assignment of claims can be given if all the following conditions are met:
a. Each payment should be assignment will be for $1,000 or more for this assignment claim
b. The assignment is made to a bank, trust company, or other financing institution, lending agency.
<em>Solon helped the farmers </em><em>by cancelling their debts. </em>
Solon was Athenian lawmaker, statesman. During those times farmers were angry because they owed money to the rich, and they demanded to end the debts. So soon they started rebelling against the nobles. Solon helped the farmers by cancelling their debts and freeing the enslaves.
Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
