Answer:
TRUE
Explanation:
The statement is True. Economists believe that social regulation is an exception to the MB=MC rule. The social regulation is an important aspect for a company as a repsonsibility towards the society. There must be awareness among the customers about the products offered to them and advantages of its utilisation to them. This includes the efforts of the companies to advertise the product ina proper manner. It also requires the company to be fair with their customers with respect to the ingredients or the raw material to be used by the manufacturers of the products. The working conditions of the manufacturing firms must be adequate for the employees to deliver an efficient product.
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Answer:
You would want to work for one because it had a lower chance of getting closed or loosing money. A positive is wiser spending. A con is not taking all the risks.
Explanation:
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Answer:
Option (A) is correct.
Explanation:
Given that,
2018:
Accounts receivable (net) = $20
Net sales = $115
Cost of goods sold = $60
Net income = $20
Inventory turnover = 5.22
Return on equity = Return on assets × Equity multiple
= 10.3% × 2.36
= 24.308% or 24.3%
Therefore, Dowling's return on equity for 2018 is 24.3%.
Answer:
B) Tom's statements provide grounds to set the contract aside.
Explanation:
When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.
What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.
To have a fundamental and legal basis, there should always be a purchase contract between the buyer and the seller. This contract contains the agreement and requirements for the purchase to proceed. So in this case, it is always agreed in the contract who pays the cost.