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adelina 88 [10]
3 years ago
8

(3-5 sentences): Suggestions for potential solutions (how to ensure an Economic crisis like this does not happen again):

Business
1 answer:
iVinArrow [24]3 years ago
8 0

Answer:

<h3>Reduce public and private sector debt to reduce solvency risks.</h3>

Many economy experts state that the main problem which cause an economical crisis was solvency, not liquidity. This means that financial institution didn't have capability to pay, they had enough liquidity (active that can be transformed in cash), but that weren't enough to cover all debt, which brought crisis.

<h3>Structural reforms to improve competitiveness of real economy.</h3>

The system needs to be reformed about competitiveness, because there're too many monopolies in the economy which is against diversity, leading to a crisis. Doing more fair the competition stage, the economy will have more participants, which is crucial to have a free market model, at the end, this competitiveness will bring back the confidence in this sector. Another positive result of this measure is that there're gonna exist more jobs for people, which is crucial, because the rate of unemployment is dramatic.

<em>Therefore, these two measures could be a possible solution, because attempt in two specific problems which are really serious.</em>

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Answer:

Hammer would prevail against Kay based on:_______.

A. Unilateral contract.

Explanation:

A unilateral contract is a contract created by an offer that can only be accepted by performance. To form the contract, the party making the offer (called the “offeror”) makes a promise in exchange for the act of performance by the other party.

in relation to the case in the contract, Hammer had carried out the duties expected of him thus making the contract valid under a unilateral contract.  

since in a unilateral contract, the offer can only be accepted when the other party completely performs the requested action.

Hence  Hammer would prevail against Kay based on Unilateral contract.

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4 years ago
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Answer:

The answer is D.

Explanation:

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Back to the question, a scope limitation sufficient to preclude an unqualified opinion always will result when management refuses to provide a representation letter acknowledging its responsibility for the fair presentation of the financial statements in conformity with General Accepted Accounting Principle (GAAP)

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3 years ago
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Answer:

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3. Stand firm and be respectful, but letting them know that there is no need to insult or be rude.

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Answer:

Explanation:

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