Answer:
I think you forgot to add the attachment
Answer:
The long run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs.
The short run firms are only able to influence prices through adjustments made to production levels.
Answer:
Yes, big bank would be liability as long as due notice have been given according to the negotiable instrument act stated below
Explanation:
Section 30 of the negotiable instrument act of 1881 refer as such; Liability of drawer.—The drawer of a bill of exchange or cheque is bound in case of dishonour by the drawee or acceptor thereof, to compensate the holder, provided due notice of dishonour has been given to, or received by, the drawer as hereinafter provided.
An offer is made when a person shows a willingness to enter into a legally binding contract. An invitation to treat (I.T.T) is merely a supply of information to tempt a person into making an offer.
