Answer:
Indeed, a large number of lawsuits enter the American courts year after year. This happens for two main factors:
-First, there is absolute trust in the judicial system of the United States. The citizens trust in the absolute transparency and impartiality of the judges, with which they do not hesitate to go to them to resolve their controversies. Furthermore, the relatively short resolution and sentencing time means that this method is not seen as a waste of time.
-Second, there is a clear lack of communication when doing business. In other words, a culture of judicialization of conflicts has been generated, which means that many controversies that can be resolved privately between the parties end up being the subject of a trial, which saturates the judicial system and breaks trust between the parts.
The responsibility in this matter belongs to the entire society: it is necessary to resume the path of dialogue and joint conflict resolution, instead of going to an impartial third party to do so. The mentality must be changed to achieve a culture of communication that favors joint solutions to society's problems.
Unfortunately, this process takes years and years of education and a change in culture, so that in the coming years a significant change in the number of lawsuits filed in this country should not be expected.
Answer:
Margin of safety= 950 units
Explanation:
<u>First, we need to calculate the break-even point in units:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 42,000 / (54 - 14)
Break-even point in units= 1,050
<u>Now, the margin of safety in units:</u>
<u></u>
Margin of safety= (current sales level - break-even point)
Margin of safety= 2,000 - 1,050
Margin of safety= 950 units
The statement that applied to the given situation is "Listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
The information related to the transaction agent should be as follows:
- The purchasers & sellers should be assisted in the real estate transactions having no financial interest.
- It is treated as a neutral third party but at the same time, it is bounded as per the law and the ethical principles.
The other statements should not be relevant.
So, here we can conclude that a listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
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The court will most likely consider the parties' relative bargaining power.
<u>Option: C</u>
<u>Explanation:</u>
Bargaining power is the collective ability of groups to put control over one another in a circumstance. If all sides are in a dispute on an equivalent basis, then they would have equal bargaining power, such as in a reasonably free market, or between a monopoly and monopsony fairly balanced.
Purchaser bargaining power relates to the leverage customers may impose on businesses to get them to offer higher quality goods, improved customer satisfaction and lower costs. A powerful purchaser will make a market more profitable and diminish the seller's profit potential.