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guajiro [1.7K]
4 years ago
11

What are the four requirement of valid contract

Business
1 answer:
timurjin [86]4 years ago
3 0

Four requirements for a valid contract are an offer, acceptance by the other party of the offer, a mutual agreement or meeting of the minds of the contracting parties and a valid consideration.

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Goods that are excludable include both A. club goods and public goods. B. public goods and common resources. C. common resources
creativ13 [48]

The goods that are excludable are private goods and club goods. The correct answer to this question is option D.

The club goods are those goods that can be artificially scarce. These goods are non rival in nature but the excludability is quite high.

Private goods on the other hands are those goods that have their usage and consumption restricted to only one person or group.

Such goods can only be used by one party.

Read more on brainly.com/question/14391357?referrer=searchResults

4 0
3 years ago
Karen wants to buy stock, but is worried about the current "bear market." What does this mean?
alexdok [17]

Answer:

A.that many investors are selling their stocks in anticipation of lower profits

Explanation:

In stock market terminologies, a bear market is a selling market. If the traders' sentiments are to sell a stock, tell the market for the stock is referred to as a bear market.

Generally, when a company is performing well financially, its stock price will appreciate.  Investors will buy its stocks in anticipation of increased dividends and selling the stocks at a higher price. Should investors anticipate a loss, they will start selling the stocks. Karen is concerned with the current bear market as it signals the stocks are likely to yield reduced earnings.

7 0
3 years ago
If a decrease in income increases the demand for a good. True or False
Masja [62]

Answer:

If a decrease in income increase the demand for a good , the good is an inferior good.

An inferior good is a good whose demand falls when income rises and rises when income falls.

Inferior goods have an indirect relationship with income

A normal good is a good whose demand rises when income increases and falls when income falls.

Normal goods have a direct relationship with income.

A substitute good is a good that can be used in place of another good. For example if good A and B are substitutes, if the price of good A increases, it would become more expensive for consumers and consumers would shift to consuming good B. As a result the demand for good B would rise and the quantity demanded of good A would fall.

Complements are goods that are used together. If the price of one of the goods increases, the demand for the other good falls and vice versa.

For example, gasoline and car are complements. If the price of cars fall, people would increase their demand for cars and as result the demand for gasoline would increase.

I hope my answer helps you

Explanation:

3 0
4 years ago
What have sociologists begun to realize about the nomadic lifestyle?
svetlana [45]
<span>What have sociologists begun to realize about the nomadic lifestyle? Nomads have a hard time bridging the gap between their traditional lifestyle and doing what is best for the land. Nomads are classified as people who travel from one place to another with no real roots to call home. They are wanderers and find livestock and fresh crops to survive from. </span>
8 0
4 years ago
A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,0
sp2606 [1]
Each is eligible to make a catch-up contribution
8 0
3 years ago
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