Answer:
B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem.
Explanation:
Economic system -
It is the system that is responsible for the resource allocation , production and the distribution of the services and goods , is known as an Economic system .
Economic system includes - the institutions of decision-making , agencies .
It works to deal with the problem related to the economy of a country or society .
Hence , the correct option is ( b ) .
This is because of the rampant advertising activities that can be done through social media and other platforms related to the internet and the global network. The world has become too small already because of the presence of technology in the form of internet connection. The need for advertising firms is no longer that high because with just a click of a button you can already create your own advertising material and reach as many people as you can. This is the reason why a lot of top global advertising firms have seen a lot of mergers in the recent years of advertising.
Answer:
nope. prices have been going up alot in even just the past decade, and yet minimum wage is still $7.25
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Answer:
Trade credit
Explanation:
Trade credit is an agreement between two businesses where the supplier agrees to supply goods to a trader and collect payments later. There is no payment at the delivery of the products, but the supplier allows for later payments.
Trade credit allows traders to sell the product at first, deduct profits from the revenue and pay the supplier later. Trade credit can harm a business if the credit aspect is expensive. Should the trader negotiate for good credit terms, then trade credit is a viable option for inventory purchases.
