Answer:
The economic principle is "people usually exploit opportunities to make themselves better off".
Explanation:
Here, the health club is offering a free one-year membership for the person who attends the most yoga classes in March.
So, there is an opportunity for every individual to get a free one year membership. <em>So, more and more people will try to attend more yoga classes in order to obtain free membership for one complete year. </em>This choice will be made by most of the individuals because they want to get rid of paying fee every month. Hence, <em><u>this will tend every individual to grab and exploit that opportunity to make themselves better off.</u></em>
Thus, the increase in people attending yoga classes is based on the economic principle "people usually exploit opportunities to make themselves better off".
Answer:
Decreases
Explanation:
The seller is willing to diminsh price if he can sell more units of anygiven product.
Answer:
$76,050
Explanation:
Given that,
cash price = $60,700
assumed accrued taxes = $5,260
attorney’s fees = $2,170
real estate broker’s commission = $3,310
clearing and grading = $4,610
Cost of the land:
= cash price + assumed accrued taxes + attorney’s fees + real estate broker’s commission + clearing and grading
= $60,700 + $5,260 + $2,170 + $3,310 + $4,610
= $76,050
Answer:
Who is the franchisor? McDonald's
Who is the franchisee? C.B. Management Inc.
In a franchise relationship, the <u>franchisee</u> is economically dependent on the <u>franchisor's</u> business system.
The franchise relationship is defined by the <u>contract</u>.
Did C.B. Management, Inc.’s failure to make a payment due more than thirty days earlier constitute a breach of the franchise contract? YES
Why? A) the contract provided McDonald's could terminate the contract when a payment was more than 30 days late.
Did the contract provide that the acceptance of a late payment waived McDonald's right to terminate for late payments? NO
What does an implied covenant of good faith and fair dealing require? That the parties act <u>reasonably</u>.
Did McDonald's act of accepting late payments in the past transform McDonald's right to terminate into a discretionary decision governed by the standard of good faith and fair dealing in the future? NO
Why? Which one of these reasons is not correct? B) the actions of the parties control this issue.
A court would likely find for <u>McDonald’s</u>
Mins of meeting must to held
Opening prayer
Introduction of last discussion
