Regarding this suit, Nebraska has in rem jurisdiction.
Explanation:
It is the legal term which defines the power over real or private property or the rights of an individual about whom the judge has no jurisdiction in personal.
For example, if a divorce couple wants a court to control its family home transactions, the court has access to the property.
Judgement in rem is a decision on the nature of a certain subject matter, or taken in a property case, with no knowledge of the claimant or of others involved in the land.
Answer:
A. The quantity demanded for bread will decrease , quantity supplied will increase
Explanation:
PRICE FLOOR is the minimum mandated price set by government , usually above equilibrium price , to ensure producers' protection (if market price is perceived to be low) . EG : Minimum Support Price for agricultural products to protect farmers .
However at this raised price : There is Excess Supply , as Quantity Supplied increases with price increase (law of supply - price & supply direct relationship) , Quantity Demanded falls (law of demand - price & demand inverse relationship)
Answer:
Probably not, because the terms are not definite.
Explanation:
A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.
The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.
A valid contract has the following elements: offer, acceptance, agreement, and consideration.
In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.
So the contract is probably not valid because terms are not clearly defined.
Answer: $75
Explanation:
After deduction all expenses and taxes, the balance left either at hand or in bank is the discretionary income.