Corporations.
Corporations have an independent legal identity, and even though they aren't people they can be sued in court just like an individual person would.
A market condition existing at any price where the quantity supplied is less than the quantity demanded.
As an example, call for for a new automobile that a manufacturer can not satisfy. - decrease in deliver — takes place delivery delvery good dropsod drops. for instance, an epidemic among pigs means lots of them should be euthanized, creating a shortage of pork products.
A shortage is a situation in which the amount demanded is extra than the amount supplied at the market rate. There are three primary reasons for shortage—the increase in demand, lower in supply, and government intervention. Shortage , as it's miles used in economics, needs to not be confused with "scarcity."
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Answer:
The insurance company is not liable because no accident happened. The flowers spoiled due to a failure in the transportation process, not due to an accident. The principle of insurance involved here is the principle of proximate cause (or nearest cause).
This principle states that the insurance company will only be liable for losses resulting from an event covered by the policy. The insured event that caused the loss must be the nearest cause of the loss. In this case it doesn't apply because the insured event was an accident and the proximate cause was an error in the transportation process.
Answer:
Th answer is: C) $13,000
Explanation:
The following amounts should be allocated to trust principal:
- $7,000 from the sale of bonds; those bonds were part of the trust principal
- $6,000 of stock dividends; new shares should be added to the trust principal since no cash was received
Earnings from rent ($1,000) and interest ($3,000) should be recorded as gross income.
Answer:
A. (1 – s)y.
Explanation:
Solow growth model describes how saving, population growth, and technological change affect output over time and describes changes in the economy over time.
In the Solow growth model, where s is the saving rate, y is output per worker, and i is investment per worker, consumption per worker (c) equals:(1 – s)y
