Answer:
win, because Pamela's misrepresentation was not a material fact and did not increase Forever Young's risk in insuring Pamela's life.
Explanation:
A material fact is defined as the rationality of a person making a decision that is important as opposed to one that is trivial or unimportant. It is a fact that if suppressed would have led to a different decision in a particular situation.
Paula will most likely win the case because the lack of disclosure by Pamela of when she had an infected hang-nail removed and her toe treated cannot be linked by a reasonable person to a brain aneurysm.
This lack disclosure would not have increased the risk of Forever Young in Pamela's life insurance.
Answer:
<u>Crowd-sourcing</u>
Explanation:
Like the term "outsourcing" conveys assigning task performed by own workforce to outside specialized firms, "crowd-sourcing" refers to breaking down a huge project which was initially performed by a single individual, and assigning the small parts to a large group.
Such an activity speeds up the performance of the project as a whole i.e the project gets completed lot more efficiently.
Crowd-sourcing helps a company utilize the skill sets unavailable to it within it's own workforce. Secondly such an activity speeds up the tasks and reduces operational costs.
Answer:
a. positive
b. normative
c. positive
d. normative
Explanation:
Note that a normative statement as used in economics refers to a view of what should be done, or how things or policies should be or not be. While the Positive statement gives a point blank description of what the state of things are.
a. It is a fact of course that in the past decades U.S. companies have outsourced millions of job overseas, thus this is a positive (descriptive) statement.
b. By saying companies that outsource jobs are acting immorally indicates a normative or judgemental view of what is morally right.
c. This statement is a fact, because such actions is in line with economic theory; in effect would stop outsourcing jobs.
d. This is rather a view of what should be done. Which clearly indicates the statement as normative.
There is not enough info. please provide more.
Answer: b. reduce taxes and cut back on some social programs
Explanation:
When the Economy is not doing well, Social programs are usually targeted as they usually take a lot of money from the Government's coffers.
It is also a generally held view that reducing taxes as a Fiscal policy can help stimulate the Economy by leaving the public with more funds to invest in and spend on the Economy.
The Government of Ruritania is therefore most likely to combine reducing Social programs as well as reducing taxes. This will have the effect of leaving the Government with some money as it loses revenue from taxes whilst also enabling the public to have more money to invest and to spend which will then lead to Economic growth.
