What could be said about Sue's contract is: Enforceable.
<h3>What is contract?</h3>
Contract can be defined as an agreement enter by two people or two or parties after agreeing with the terms and conditions of the contract.
Sue's contract is Enforceable by law because the court rule in the favor of sue after Geraldo backed out of the contract.
Therefore what could be said about Sue's contract is: Enforceable.
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Answer:
A.) $4,545 b) $5,430 c) $885
Explanation:
Given the following :
Number of shares purchased = 300
Cost per share = $15.15
Total initial investment :
Number of shares purchased * cost per share
300 * $15.15 = $4,545
B)
Total amount received when he sold his shares :
Amount at which shares was sold = $18.10 per share
Therefore,
Total amount received :
$18.10 * 300 = $5,430
C.)
Profit made on investment :
Amount received when shares was sold - total initial investment
$5,430 - $4,545
= $885
Answer:
true
Explanation:
Junk bonds can be defined as the bonds that require a higher default risk than most corporate and government issued bonds. A bond is indeed a debt or promise to pay interest payments to investors in return for purchasing the bond and the return of the invested principal.
Junk bonds depict debt issued by financially struggling companies with a significant risk to defaulting or failing to pay even their own monthly payments or reimbursing the principal to lenders. Thus, from the above we can conclude that the given statement is true.
the answer is: the community could establish norms or even common laws that limits deforestation.
Most people would not fear of conducting a certain thing if there is not negative impact that they can feel after doing it. Establishing social pressure or common laws for people who conducting deforestation could make them either feel guilty or fear. Both can be effective in limiting the number of deforestation.
Answer: Risk averse
Explanation:
A person with a diminishing marginal utility of income will derive less utility from income as income increases. A risk averse person is one who would rather avoid risk but still prefers a high income.
Such a person will have a diminishing marginal utility in income because income increases more when there is more risk. A risk averse person does not want that risk and so will go for a lower income which means that they don't want more income as it is riskier to them.