Answer:
<u>True</u>
Explanation:
Remember, Consideration is that thing that is legally agreed and given such as money, property in exchange for something.
What usually should come first in any contract is sufficient consideration; presence of value to be given.
Therefore, a Court can refuse to enforce an agreement due to insufficient consideration because it is the primary thing that should come first in any contract.
For example, a father gives his adult son $5 on Monday as a present and the son is impressed he says he’ll give his father $10 the following day, there is no contract. In this scenario the son does not have to give his father $10 on Tuesday, because they (son and father) did not agree to give $5 in exchange for $10. A court would term this case as having insufficient consideration.
Answer:
Technological advancement
Explanation:
Technological advancement is a method that is used to make production process more efficient without increasing the labour that is used.
It involves the use of technology to increase efficiency of the production process.
This makes it possible for SmartTech to produce more product and services with less people.
They are investing more in technology than in human labour.
Answer:
Dr Land account 10,000
Cr Common Stock account 2,000
Cr Capital Paid in Excess of Par Value account 8,000
Whenever a company sells stock it must record the transaction under common stock account at par value (= 200 shares x $10 = $2,000). Any extra money received must be recorded as capital paid in excess of par value (= $10,000 - $2,000). The basis for the land that Jose Garcia contributes must be its fair market value ($10,000).
This is the fundamental idea behind Ethical Subjectivism. Ethical Subjectivism holds that our moral judgments are solely based on our emotions. This perspective holds that there is no such thing as "objective" right or wrong. There are numerous distinctions between Simple Subjectivism and Emotivism.
This paper will compare and contrast both theories, as well as explain why Simple Subjectivism cannot account for moral disagreement and Emotivism can, but incorrectly. By arguing these two ethical points, I can better explain or make a claim about how moral disagreements should be understood.
For several theories contending only ethical standard of judgement is individual's.
To learn more about ethical, click here
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