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Maksim231197 [3]
3 years ago
11

It is sometimes difficult to determine whether large corporations such as the Carlyle Group, or Wall Street overall, are expandi

ng the economy in ways that broaden the economic value available to everyone, or just amassing money at other people's expense. Using Adam Davidson's framework, a company that doesn't add value but just rearranges existing dollars for its own benefit is called:
Business
1 answer:
goldenfox [79]3 years ago
6 0

Answer:

rent seeking company

Explanation:

Currently most large corporations operate as monopolies or oligopolies which gives them huge market power and they generally abuse of it.

Rent seeking happens when companies (usually very large companies) increase their profits without an increase in productivity.

Corporations seek higher rent usually through lobbyists that obtain political favors for them, e.g. lower taxes, grants, subsidies, or tariff protection.

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Money is always based on a precious metal like gold or silver. anything that is generally accepted in payment for goods and serv
Natali [406]

Answer: Option(B) is correct.

Explanation:

Money is a term or instrument that is generally used in making transaction of goods and services. Individuals use money as a medium of exchange, unit of value and for making standard deferred payments. It is easy to store money. We can easily measure the value of goods and services in terms of money. Now days, money is normally utilized as a medium of exchange.

5 0
3 years ago
An example of foreseeable damages from a faulty repair of your car that led to an accident would be __________. your loss of a w
OLga [1]

Answer:

the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

A foreseeable damage can be defined as a any form of damage that the parties to a contract knew or took note of at the time when they were signing an agreement to the contract. Thus, it is the ability of an individual to reasonably anticipate the likelihood of damage or potential injury in a given circumstance such as an accident.

This ultimately implies that, foreseeable damages involves the ability of a reasonable individual to anticipate the potential results of his or her actions such as damage or injury to another person due to the refusal to repair a faulty car.

An example of foreseeable damages from a faulty repair of your car that led to an accident would be the cost to repair your vehicle, payment of hospital bill for the injured, including the damage to other vehicles that were involved in the car accident.

5 0
3 years ago
Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor
myrzilka [38]

Answer:

Specter Co.

The amount reported on the year-end balance sheet for cash and cash equivalents is:

= $31,100.

Explanation:

a) Data and Calculations:

Cash deposit in checking account = $16,000

Bond investment due in 20 years = $46,000

US Treasury bill due in 1 month = $11,500

3-year loan to an employee = $850

Currency and coins = $3,600

Accounts receivable  $1,150

Cash and Cash Equivalents:

Cash deposit in checking account $16,000

US Treasury bill due in 1 month         11,500

Currency and coins                             3,600

Total cash and cash equivalents =  $31,100

b) Cash and Cash Equivalents are Specter's assets that are in the form of cash (currency and coins) and Specter's assets that can be readily converted into cash (Treasury bills and notes, commercial papers. certificates of deposit, money market funds, and cash management pools).

4 0
3 years ago
​Calligraph Publishing Company has created a system for storing every piece of data about every one of its books, both those tha
Tanzania [10]

Answer:

The answer is (A) knowledge management system.

Explanation:

A knowledge management system is a type of system used to create, share, use, and manage the knowledge and information of an organization. It is used to manage documentation of information in a company, which can include information about products they manufacture, how to execute services that the company provides, how the company operates, and so on.  

6 0
3 years ago
Harvey buys a used Jet Ski from Taylor's Water Sports. Harvey takes the Jet Ski to the river and discovers that it doesn't work.
joja [24]

Answer:

The correct answer is option A

a. cure the defect.

Explanation:

A problem that can be corrected based on the agreed terms and conditions by a seller or buyer is a curable defect.

6 0
3 years ago
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