A contract between businesses in two different countries falls under private international law, while disputes between two countries over trade subsidies falls under public international law.
- The body of laws, norms, and standards generally accepted as obligatory between nations is known as international law, sometimes known as public international law, the law of nations, and international ethics.
- Both civil (also known as Roman) and common law systems can be regarded as the most prevalent in the globe.
- Civil law is the most prevalent in terms of both population and landmass, whereas common law is used by the most people out of all civil law systems.
<h3>What is a country's legal system ?</h3>
The method for making, interpreting, and upholding the laws in a given territory is the legal system of a nation.
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Answer:
Increase in income= $19,200
Explanation:
Giving the following information:
Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000.
Increase in income= increase in sales - increase in variable cost - marketing campaign
Increase in income= 77,000 - (77,000*0.40) - 27,000= $19,200
Answer: 0
Explanation:
Firstly, we will calculate the nominal value in 2015 which will be:
= $500 x 1 million
= $500 million
The nominal value in 2016 will be:
= $1000 x 1 million
= $1 billion
Real GDP will be the price of the base year multiplied by the quantity of the current year which will be:
= $500 million x 1 million sets
= $500 million
Therefore, the increase in real GDP is zero.
Answer: potential of avoidance of risk
Explanation: In the given case, Fred need to show to the court that the foreseeable risk could be avoided or reduced on the part of company. Fred can point that no instructions or warnings were given by the company on the use of the shredder.
Thus, if Fred manages to prove that he got injured due to carelessness ogf the company then he can definitely succeed.
Answer:
The fertile waters in which the fish feed and breed ⇒ <u>Natural Resources per worker. </u>
The skills workers develop through training before working on and piloting boats ⇒ <u>Human Capital per worker. </u>
A route fishing boats can follow to maximize their catch at different points in the day ⇒ <u>Technological Knowledge.</u>
The boats in the fishing fleet ⇒ <u>Physical Capital </u>