Answer: TRUE
Explanation: Moral hazard refers to the situation when an individual starts taking avoidable risk unnecessarily when he or she is aware of the fact that any potential loss will be bore by the third party and not him.
Thus, if the manager is taking more and more risk knowing that they are insured is a clear example of moral hazard. Hence, the given statement is true.
A you got this you are amazing you will do great
The correct answer is D) Both subparts apply, as these individuals are under the legal age of consent and are incarcerated.
Neither Subpart C (Prisoners) nor Subpart D (Children) applies to juveniles in the correctional systems because wardens of juvenile prisoners (unlike those for adult prisoners) act in loco parentis for juvenile offenders. This statement is false because "Both subparts apply, as these individuals are under the legal age of consent and are incarcerated."
If there is any confusion, the term "loco parentis" means that a person or institution takes the legal responsability of parents. But in the correctional systems, people brought there have committed some kind of infraction, aggression, disobey the law or any kind of misbehavior. So wardens of juvenile prisoners do not act or have legal responsability as parents have.
The other options of the question were A) The need for the signatures of both parents outweighs the two subparts. B) Subpart C still applies, as the potential subjects are juveniles. C) Only subpart C applies because of the need for assent forms, as a result of in loco parentis status for juveniles.
Answer:
c) a firm does not have sufficient time to change the level of use some of its inputs.
Explanation:
The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.
However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.
Amount to be recorded for accounts receivable would be $15000.
<u>Explanation:</u>
Accounts receivable are lawfully enforceable cases for installment held by a business for products provided as well as administrations rendered that clients/customers have requested yet not paid for. These are for the most part as solicitations raised by a business and conveyed to the client for installment inside a concurred time span.
Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by the customers till now. So they will go in the accounts to still be receivable.
