Answer:
Fred will win because the right to receive payment could be validly assigned.
Explanation:
all contract gives room for some certain rights and duties. By an obligation, the individual whose right it is to receive payment will transfer the right to collect that same payment from the same person (obligor) to any other person (third person).
Going by the question above Belinda, the well-known portrait painter is the obligee who transfers the right to receive payments from the obligors to a third party named Fred who is stands as an assistant. It was clearly stated in the question that “Belinda also assigned to Fred the right to receive payment from Harry. Neither the contract Belinda had with Harry nor the contract she had with Michelle expressly prohibited assignment or delegation of contractual rights and duties.”
Going by this above statement then one can confirm it very clear that the payment could be assigned and receiving the payment is within Fred’s right.
Answer:
Option (c) is correct.
Explanation:
Andy can produce 24 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (24 ÷ 8)
= 3 loaves of bread
John can produce 8 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (8 ÷ 8)
= 1 loaves of bread
Therefore,
John has a comparative advantage in producing butter because of lower opportunity cost.
Hence, the opportunity cost of producing 1 pound of butter is 3 loaves of bread for Andy and 1 loaves of bread for John.
Answer: One way an entrepreneur might identify a new business idea is by looking at industry trends and data.
Explanation: Data and trends can reveal new products and businesses that could be useful to consumers.
Answer:
a
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
When inflation increases , the value of currency falls
As a result of the inflation, the value of japans currency would fall.
As a result, it would become more expensive to purchase dollars by those in japan. Thus the demand for dollar would reduce and it would shift to the left
The <u>Myers-Briggs type indicator</u> is the most widely used personality assessment instrument in the world.
The Myers-Briggs type indicator instrument is the most widely used personality assessment in the world. Some organizations have selected it as the personality instrument of choice across their training and development programs.
The Myers-Briggs type indicator is a self-assessment tool which lets people learn more about themselves and their jobs. Based on people's psychological preferences, it assesses how people view the environment and make decisions.
Hence, this personality assessment can help people understand their strengths and blind spots and how they might differ from others.
To learn more about Myers-Briggs type indicator here:
brainly.com/question/9250891
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