Answer:
<u>True</u>
Explanation:
Remember, Consideration is that thing that is legally agreed and given such as money, property in exchange for something.
What usually should come first in any contract is sufficient consideration; presence of value to be given.
Therefore, a Court can refuse to enforce an agreement due to insufficient consideration because it is the primary thing that should come first in any contract.
For example, a father gives his adult son $5 on Monday as a present and the son is impressed he says he’ll give his father $10 the following day, there is no contract. In this scenario the son does not have to give his father $10 on Tuesday, because they (son and father) did not agree to give $5 in exchange for $10. A court would term this case as having insufficient consideration.
The financial advantage (disadvantage) of discontinuing the Beta product line is take contribution margin of dropped product as a negative, add traceable fixed OH of dropped product.
<h3>Beta product line</h3>
In order to find any defects or difficulties before a general release, beta product line testing gives actual users the chance to utilize a product in a production setting. Before making a product available to a large public, beta product line testing is the last stage of testing. The goal is to find as many defects or usability problems in this confined environment as you can.
A production environment using the same hardware, networks, etc. as the final release is used by beta testers, who are "actual" users, to do their testing. Additionally, since these tests cannot be carried out in a lab or stage setting, this presents the first opportunity for comprehensive security and reliability testing.
Learn more about beta product line here:
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Answer:
C. Dependable.
Explanation:
Veronica is showing that she is dependable as she never misses a day of work, even though she lives in a cold climate where ice, snow and freezing temperature are common, which shows that she is reliable and committed towards her work. An employer can trust employees like her in assigning some of very important task or role, which is time-bound and require commitment. There are two characteristics of a dependable person is honesty and reliability, the reliable employee is the one who is committed.
Answer:
Crowdfunding
Explanation:
Loans means you borrowed with an expected amount of interest while investors also means they gave you the money expecting you to double it or perhaps even triple so they get their gain in many instance it could also means they want a part of your company so it's not the answer, selling products also isn't the answer since you're making an exchange of a product for money, now if you listen to the question well it mentioned Donations which means giving out money or charity so crowdfunding is the answer because by it's name alone Crowd-Funding
There are various forms of market failure, though it is commonly defined in economics as a situation where the distribution of goods and service are conducted in an inefficient manner.
In the case illustrated in the question, the form of market failure that is taking place occurs in the nature of the exchange, which is due to bounded rationality. It is defined as condition commonly occurring in individuals where decision-making is based on making a satisfactory solution instead of an optimal one – this leads to irrational behaviors. A good example is the tipping behavior provided in the question.
Thus, the answer to the question is (D) Yes this could be considered a form of market failure. If consumers and markets were rational tips would be based on the quality of service.
