Answer:
The summary as per the given query is summarized in the explanation section below..
Explanation:
The given values are:
The nominal rate of return,
= 7%
i.e.,
= 0.07
Inflation,
= 4%
i.e.,
= 0.04
- Lengthy-term inflation would lessen the return on investment that lowers the net return as long-term investments are made.
- It can also aim to obtain a higher return that will comfortably exceed the rate of inflation and therefore is beneficial towards diminishing the average return.
Now,
The rate of return will be:
= 
On substituting the values, we get
= 
= 
= 
= 
Therefore it isn't able to measure the average return rate because the quantity of years for its expenditure.
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
<h3>Validity of the statements</h3>
- Under the UCC, a contract will generally fail because one or more terms are left open, (TRUE)
- A contract without a quantity term is valid. (TRUE)
- A contract for services is specifically covered by the UCC. TRUE
- Whether there has been an offer is determined by a subjecive standard. TRUE
- A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUE
- Offers made in jest are always invalid. FALSE
- B agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUE
- A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUE
- When an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUE
- The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSE
- An offer continues until there is an express revocation of the offer. TRUE
- A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUE
- A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUE
- Under the UCC, a non-merchant may make her offer irrevocable without consideration. TRUE
- In general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUE
- A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUE
- At common law, an offeree may request additional terms in accepting the offer. TRUE
- Merchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUE
- Revocation of an offer sent by mail is elfective upon receipt. TRUE
- lla ained for forbearance of a legal right will constitut esileration TRUE
- B agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUE
<h3>Law of contract</h3>
Law of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
learn more about law of contract: brainly.com/question/984979
Answer:
A. They avoided asking their customer service reps in call centres to follow a detailed script.
Explanation:
Formalisation refers to the manner in which the company follows extra depth of procedures and takes extra unnecessary care of the customers, or even in the internal procedures of organisation also.
For the customers perspective, we have:
As asking their customers for service reps again and again will make the entire process formalised, and leaving it on the discretion of customers that when they want to avail the service makes it less formal and comfortable for customers.
Thus, avoiding the detailed script with some unnecessary details every time and following up again and again the function becomes less formal and comfortable.
Final Answer:
Option A
Under the law, 14 years old cannot legally use a PWC legally, unless accompanied by an 18 yr old who has been accepted to use a vessel. The person should also bear the requirements such as the age and approved certification that would prove that he or she is allowed by the government.
Answer:
The Law of Demand and Supply help us understand how prices are reached in a market.
The Law of Demand states that the higher the price of a good, the lesser the quantity demanded of that good by consumers. Looking at the graph attached, you will see that the demand curve is downward sloping. This is because of the law of demand.
Notice that when the price of the good is $20, there are 4,000 units demanded but when the price goes up to $30, there are now 3,000 units demanded. Consumers demand less of a good as it gets more expensive because it increases their opportunity cost. This means that the money they are spending on a good could be spent elsewhere and if that amount keeps rising, it reduces the quantity of other goods they can get.
The Law of Supply applies to suppliers and states that as prices increases, Suppliers will supply more goods and services because they will have the incentive of more profit guiding them. For that reason the Supply curve will be upward sloping. Notice how at a price of $20, the supply is only 2,000 but when the price rises to 30, the supply increases to 3,000.
The price of a commodity is determined at the Equilibrium point where the Demand and Supply Curves intersect. At this point, the amount that people are willing to pay for a certain quantity of goods matches the price that suppliers are willing to supply the same quantity of goods for. In the graph you will notice that price is $30 and the quantity is 3,000.
