Answer:
D. High energy
Explanation:
An entrepreneur is an individual who organizes, operates and takes risks for a new business. The entrepreneur brings together the various factors of production to produce goods or services.
An entrepreneur that wishes to be successful must be an optimist, a risk taker, an innovator and must be creative. Aside from this characteristics an entrepreneur must have High energy. Having high energy for an entrepreneur means that such individual must be determined, optimistic and hardworking. These factors will assist such entrepreneur in making sure that the goals of the business are actualized.
Therefore the attitudes displayed by Celine is a characteristics of high energy of an entrepreneur
There are four parts to property rights are namely the right to use the good, the right to transfer the good to others, the right to enforcement of property rights, and the right to earn income from the good
.
Option C
<u>Explanation:
</u>
Property rights are abstract and legally regulated legal buildings for deciding which property or economic goods are used and held. Property rights may be owned by (and therefore belong to) individuals, organizations, collectives. This characteristic comprises four wide elements and is frequently called a bundle of rights.
- The right to make use of the good
- The right to earn an income from the good
- The right to transfer the good to someone else, change it, give up it or destroy it (the right to cease ownership)
- The right to implement property rights.
Throughout economics, the land is normally considered to be owned by an asset or good (rights on the income obtained from property). In fact, several economists argue that ownership rights must be fixed and relations between other parties represented in order to be more efficient
.
<u>Answer:</u> The amounts have to be determined using fair value for plant and equipment and for long term debt.
<u>Explanation:</u>
Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.
Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.
Answer:
Option (c) is correct.
Explanation:
During an economic activity between the two parties, if the third party is affected (Positively or negatively) by this economic transaction then this is known as externality.
There are two types of externalities:
(i) Positive externality: When the third party is positively affected by an economic transaction between the two parties.
(ii) Negative externality: When the third party is negatively affected by an economic transaction between the two parties.
Now, suppose there is a steel manufacturing company for the consumers. But the people who lives near this company have to bear the cost of the pollution created by the company. This is a negative externality.
C) <span>fraud in the inducement.</span> is your answer. Hope this helps!
