Answer:
the answer is E. a legal entity engaged in business activities solely with the intent of serving its employees without the intent of making a profit.
The court hearing the case may determine whether Lamont is a merchant by assessing whether Lamont:
1. Employed in the deal with Ted others who have the status of a merchants.
2. Is a person who deals in shoes.
3. Is a person who by occupation hold himself out as having knowledge or skills unique to the shoes involved in the transaction.
Before Lamont can be subjected to special business standard in court, it must be confirmed whether he is truly a business man as he claimed and the steps above are the ones that will be looked into to confirm his status as a business man.<span />
Hydro Drops
Hope that helps!!
Answer:
False
Explanation:
Whenever, there will be reduced production costs, due to any reason in the economy, then the goods will be cheaper and accordingly the sale will be in abundance assuming other factors remain constant.
Thus, due to subsidies the cost to producers will be less and then exporters will not be able to get more share as domestic goods will cost cheaper.
Thus, there will not be any gain to foreign competitors in our domestic markets, as they will not get any share extra rather they will loose as a foreign competitor. In fact goods which are exported will also cost low, and therefore, will gain new customers.
Therefore, above stated statement is false.
