Answer:
A) if it is deemed a necessary good
Explanation:
Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.
So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.
But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.
Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of interest earned by Norton is <u>twenty-five</u> $.
Whilst you take out a loan–whether or not it is a scholar loan, private loan, vehicle loan, or mortgage–creditors earn money by way of charging you interest. interest is the price you pay for borrowing money from a lender. that means you won't just pay returned the money you borrowed.
APR is the once-a-year fee of a mortgage to a borrower — together with expenses. Like a hobby fee, the APR is expressed as a percent. unlike an interest charge, however, it consists of other expenses or prices which include loan coverage, most ultimate charges, cut price factors, and mortgage origination costs.
for example, the hobby on a $30,000, 36-month mortgage at 6% is $2,856. The equal loan ($30,000 at 6%) paid again over seventy-two months could fee $five,797 in the hobby.
Learn more about loans here: brainly.com/question/26011426
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Answer:
I use coffee daily. The supply for the coffee I bought (Colombian Coffee) is few then the price is expensive. As the price is expensive I can only buy 2 pounds of this item per month. My demand is affected for the price that producers set to this coffee. I would like to buy more but then the supply of this product is limited therefore the prices will always be high.
Answer:
What to produce?
Explanation:
A society has to make choices in order to meet the diverse needs of its members. The resources available in all economies are insufficient to meet all needs. Because of this scarcity, a society has to make informed decisions on what to produce at any given.
Societies make choices on what to produce with the available resource. In every decision, there is a sacrifice to be made.
