Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.
Answer: False
Explanation:
Activity based costing us when the activities of an organisation is classified. After the classification, the costs that are related to those activities will then be traced to the activities.
It should be noted that an activity-based costing system utilizes more cause-and-effect relationships when tracing costs than a traditional cost allocation system.
Therefore, the statement that's givenn in the question is false.
Answer:
The correct answer to the following question will be the "Lock-in effect".
Explanation:
- Lock-in effect is a concept that can be spoken about either indoor or outdoor economics. Unlike route dependency, lock-in arises in economics whenever an agent behaves in a certain way because it's more productive when considering change costs, although it might not be successful when considering change costs.
- Operating online shops, such as eBay, Amazon, etc, are infinitely more valuable to the buyer than modern resale sites. The basic economic reality is called the Lock-in Effect.
Therefore, Lock-in Effect is the right answer.
Answer:
D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.
Explanation:
In general, the higher the ratio – the more "turns" – the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.
Answer: False
Explanation: The statement given in the above question relates to business intelligence.
Competitive intelligence is used by the managers and executives to implement strategic decision making effectively. In competitive intelligence , the gathering and analyzing of customers and competitors is done and not of partners and industries etc.
Thus, the above statement is false.
