An increase in supply I think
Answer
The store cannot rescind their decision because the ownership of the goods has passed from the seller to the buyer in this case john
Explanation :This can be defined as a situation whereby the seller agree to sell the goods to the buyer in exchange for value known as money.in contract for the sale of goods, there is sale and agreement to sale. Sale is when the seller has agreed to sell the goods to the buyer in exchange for value known as money and the buyer has actually made payment for the goods.in this case, the ownership of the goods has passed from the seller to the buyer.
On the other hand,agreement to sale is when the seller has agreed to sell the goods to the buyer in exchange for money but the buyer has not made the payment. In this case,the ownership of the goods is still with the seller . Therefore, in the case of John who is a subject of our discussion, John has bought the watch from the store and made payment for it.John has the right to enjoy the watch under the law. If the seller now wants to deny John the right to have value for his money.John had the right to seek redress in the court of law in defence of his right to have value for money by enjoying the watch which he had bought from the store with his hard earned money.
Interactive is the answer
Answer:
B. $2,000
Explanation:
The principal amount is $100,000
Interest rate is 8% usually per year ( 12 months)
Loan duration, three months:
Annual interest = $100,000.00 x 8%
=$100,000.00x 0.08
=$ 8000.00
Interest for 3 months
=3/12x$8000.00
=0.25x$8000.00
=$2000
Answer:
The correct option is is A, predatory pricing
Explanation:
Predatory pricing is an illegal approach to pricing where a firm fixes a very low price in order to send competitors out of business.
This is very applicable to a firm that has economies of scale where its cost per unit reduces as more and more units are produced, making it possible to undercut competitors without feeling much impact in profitability.
This approach is against the anti-trust law as it paves for a monopoly market,where only one firm operating in the market determines the price which is not likely to be favorable to consumers
