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snow_lady [41]
3 years ago
13

Sheila and Vickie are sisters who enter into a contract to buy a vacation property. The sisters get into a dispute, and Vickie n

o longer wants any part of the deal. However, Sheila talks her younger brother Joe into replacing Vickie on the contract. Vickie agrees to the substitution. This is an example of _____________.
Business
1 answer:
Pie3 years ago
3 0

Answer:

The correct answer is Novation.

Explanation:

Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.

Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.

You might be interested in
_____ can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.
ololo11 [35]

Answer:

A. Opportunity Cost

Explanation:

Choice affecting an economic system, market can be studied by : Macro Economics which studies Economy as 'a whole'.

On contrary, Microeconomics studies individual units of economy & marginal analysis is a tool used frequently in it. And ,Normative Economics reflects subjective non verifiable statements about how economy 'should be'.

So , all of three are not apt to analyse the above statement.

However, Opportunity Cost reflects cost of next best alternative sacrifised while making an economic choice. So ,it is useful to analyse 'choice' affecting an economic system, market. Eg :Opportunity cost is an important tool used in determining comparative advantage of a country in producing a good based on its opportunity cost (other good sacrifised to produce it).

7 0
3 years ago
Kiano, a telecommunications equipment manufacturer, manufactures PDAs (P), wireless handsets (H), and blackberrys (B). They have
a_sh-v [17]

Answer:

Explanation:

Please check the attached file below to see answer to the given question

6 0
3 years ago
The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 pe
harina [27]

Answer:

The appropriate answer is "13.82%".

Explanation:

Given:

Risk free rate,

R_f=4.10

Beta of stock,

\beta=1.13

Market rate,

= 12.7

Now,

The market risk premium will be:

⇒ R_p = Market \ rate-Risk \ free \ rate

        = 12.7-4.1

        = 8.60 (%)

hence,

The cost of equity will be:

⇒ r=R_f+\beta\times R_p

      =4.10+1.13\times 8.60

      =4.10+ 9.718

      =13.82 (%)

7 0
3 years ago
The state of maine has a law dealing with groundwater called absolute dominion. describe this law and how nestle uses it to thei
Anit [1.1K]
<span>Absolute Dominion is the current law involving ground water in Maine, Indiana, and Texas which in effect states that the owner of the property has complete control over the groundwater underneath their property and may pump that water up without regard to causing shortages with neighbors. Basically, you can pump as much as you want without worry about legal repercussions. Contrast this to the "reasonable use" rule that's used in most of the rest of the United States. The reasonable use rule prohibits landowners from "wasting groundwater" or transporting the groundwater off their property for use elsewhere. Now, how does this affect Nestle? In Maine there was a company called "Poland Springs" which pumped out groundwater for drinking in the local community. This company was purchased in 1980 by Perrier which is based in France. And finally, in 1992, Nestle purchased Perrier. Under Absolute Dominion, Nestle has no limit on how much groundwater they can pump and export to other locations without regard to long term sustainability.</span>
4 0
3 years ago
What job can you get with health science degree?
nirvana33 [79]
Graduates who majored in health sciences have<span> many </span>career<span> options from which to choose. Potential areas of </span>employment<span> for graduates include marketing, management, and education. Some of the </span>career options may include medical laboratory technician, physical therapist, and diagnostic medical technologist.

Hope this helps!
4 0
3 years ago
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