Answer:
c. Ratification
Explanation:
Agency by ratification occurs when a person (in this case Scott) approves an act which has been done in his name and on his behalf by agent who in fact, had no actual authority to act on his behalf when the act was done. In this case, Melinda was not an appointed agent by Scott, however, the offer was accepted, an agency has been created between Scott and Melinda by ratification.
Option A is incorrect because expressed agency means that Melinda has been duly appointed as an agent by Scott.
Implied agency is also wrong because, Scott did not at anytime introduce Melinda as his agent. He never implied it in speech or writing.
Option B is also wrong because there was no previous relationship between Scott and Melinda that would make people believe Melinda was his agent.
The correct answer would be, Monopoly.
Monopoly runs most efficiently when one large firm supplies all of the output asap.
Explanation:
Monopoly is a type of market in which there is one large producer of the product or service. The price of the product is usually set by the producer due to its advantage of a single producer in the market.
If there would be more producers of that specific product in the market, then due to the competition, the price of the product would change.
For example, in Pakistan, there is only one provider of the Sui Gas in the whole country. We can say that the Sui Gas provider has the monopoly in Pakistan. They can change the prices on regular basis and people have to pay them because of the unavailability of the substitute.
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Explanation:
The Canadian Human Rights Act, created in 1977, is designed to ensure equality of opportunity by prohibiting discrimination on the basis of race, age, sex, and a variety of other categories.
Answer:
C) Cultural and social environment
Explanation:
CHECK THE OPTIONS
A)Political environment
B)economic environment.C. cultural and social environment.D. legal environment.E. technological environment.
The social and cultural environment can be regarded to the physical as well as social setting, where people live, it involves the culture, that one is been educated on and what he/she lives on, as well as the kind of people as well as institution they interact with. It should be noted the languages people speak, the type of education they have, and their religious beliefs are examples of the Cultural and social environment
environment.