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valentinak56 [21]
3 years ago
6

Olivia contracts to buy a refrigerator from a Prairie State Appliance store with the price to be paid in monthly installments. L

ater, Olivia files a suit against Prairie State, claiming that their contract is so unfair and one-sided that it would be unreasonable to enforce it. Olivia is asserting​:
Business
1 answer:
Alex_Xolod [135]3 years ago
6 0

Answer:<em> The doctrine of unconscionability </em>

Explanation:

Here, in this particular case Olivia is asserting <em>unconscionability  </em>which is a doctrine under contract law<em>. </em>Unconscionability often referred to as unconscionable conduct is the doctrine under the discipline of contract law which tends to describes the terms that are known to be extremely unfair, or at times overwhelmingly biased in the favor of a group or individual that tends to have higher haggling power, which are known to be contrary to the good moral science.

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B. A whole industry being owned by one company
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The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions
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masculinity

Explanation:

Geerte Hofstede's theory of national cultural established 5 dimensions:

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3 years ago
As a result of cash flow shortages, Washington Department Stores has fallen behind in payments to suppliers. Some suppliers are
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Answer:

The correct answer is letter "D": short-term financing.

Explanation:

Short-term financing allows companies to obtain capital for their <em>day-to-day operations</em>. The funds obtained are typically used for the transactions companies require during one period -one year, but the term for payment tends to be within six (6) to twenty-four (24) months. Under this scenario, the main purpose of firms is to keep their businesses up and running and obtain profits enough for the payment of the loan and reinvestment in the company.

7 0
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Joe quits his computer programming​ job, where he was earning a salary of ​$65,000 per​ year, to start his own computer software
Verizon [17]

Answer:

The accounting cost and the economic cost associated with​ Joe's computer software business is $75,00 and the $165,000 respectively.

Explanation:

The computation of the accounting cost and the economic cost is shown below:

Accounting cost =  Other Expenses + Salary paid to himself

                           = $35000 + $40,000

                           = $75,000

Economic cost = Accounting cost + Salary expense + Rent expenses

                        = $75,000 + $65,000 + $25,000

                        = $165,000

8 0
3 years ago
Which describes risk aversion?
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Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.  

In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that. 
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4 years ago
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