Answer:
<u>Executed</u>
Explanation:
Ratification of a contract refers to formally approving a contractual obligation. To dis-affirm refers to back out of a contract wherein the parties to it return the consideration.
A minor, an individual below the age of eighteen years does not have capacity to a valid contract. A minor may void a contract before attaining majority.
When a contract has been signed by both the parties to it, with transaction closed, the contract shall be termed as executed.
In the given case, Luke a minor entered a contract to buy movies. Later upon attaining majority, Luke decides to disaffirm i.e not honor it. The contract in such a scenario shall be considered as formally approved i.e ratified by both parties if it was executed.
In such a case, Luke will have to honor the contract since the disaffirmation period i.e before his attaining majority has lapsed.
Answer:
C. The business could not use the money it spends on the new
branch for something else.
Answer:
Price bundling
Explanation:
Price bundling -
It is the practice of selling a combined package of goods and services at a much lower price , than selling it individually , is known as price bunding .
The practice is beneficial as it increases the sale of goods and services .
For example ,
package of TV channels , new mobile phone with some data plans , getting something free on the purchase of a particular commodity , is an example of bundle pricing .
Hence , the example shown in the question , is about price bundling .
Answer:
The answer is: False
Explanation:
The "behavioral approach o management" and the "human relations movement" are basically the same thing.
The human relations movement was founded by sociologist Elton Mayo in the 1930s after his famous Hawthorne experiments. He would increase or decrease the light intensity in the factory and observed how it affected productivity.
He discovered that after increasing or decreasing lights the productivity always raised. So what really altered productivity was the fact that employees felt that management cared about them.
Answer:
workers are variable
while ovens fixed
Explanation:
We are asked for the labor factor (workers)
and the capital factor (ovens)
The worker in thie short-run are variable input as Porrnima's management decision can decrease or increase their quantity pretty much at will stponing the cash outlay if wanted to.
While the ovens in the other hand, are fixed. the management can't neither decrease or increase the quantity of ovens and cash outlay associate with them.
