Answer:
Alliie's situation best illustrates scarcity.
Explanation:
Scarcity refers to the situation when there are unlimited wants and limited resources. In the given scenario, Allie wanted to buy running shoes which cost her $90. However, her debit card was declined because she did not have enough resources (money) to pay for the shoes. Scarcity is a rather common concept which is applied all over the world because people have unlimited wants and limited resources to cover their demands.
The romanticism is an intellectual movement that originated in Europe toward the end of the 18th century. IT is characterized with emotions and intuition more important than logic and facts, celebration of nature, beauty, and imagination; rejection of industrialization ...
A short story is a genre of American romanticism. Correct answer: A Edgar Allan Poe and Nathaniel Hawthorne and their short stories are examples of the American romanticism.
The transfer is a preference that can be avoided.
Answer: Option C
<u>Explanation:</u>
When Tricia sells her diamond watch to Dale Kehoe BMW than it is called an “avoidable preference” which means the transfer of payment processed by debtor to a creditor, this is decided by bankruptcy trustee for reimbursement of assets creditors and recover benefit of bankruptcy property.
This is performed for impartially distribution of debtor’s assets to the creditors through proper scheme. In this case, the procedure Tricia opted may benefit Kehoe more than other but through bankruptcy proceeding the trustee would have involved the watch with rest of the property of Tricia and initiated uniform distribution.
