Answer:A. contracts that include unfamiliar legal terms.
Explanation: Legal terms are languages or words usually used in the legal system to prosecute cases either criminal,civil,business or industrial relations etc.
Unfamiliar legal terms are languages or words that are not usually used in the legal system,these terms or language is not familiar with the legal practitioners.
Plain language law guarantees that contracts and Communications are done with languages which the public can easily grasp and understand.
Answer: The statement is False.
Explanation: Compound interest as the name suggests is the interest compounded over time. In other words is can be defined as the interest we receive from banks on the interest already earned on our principal amount. To make it simple, let us say we have deposited $100 in a bank at 10% interest.
Then in year 1 our interest amounts to $10.
In year 2, the interest will be computed on $100 + $10 , that is the previous principal amount and the interest earned in year 1. So in this way, we get interest on interest already earned.
Thus, the above statement is false.
Answer:
Framing effects.
Explanation:
Framing effect in psychology is the cognitive bias whereby an individual makes decisions based more on the information presented than on one's own choice. In other words, when someone makes a decision that is influenced more by the effects of the information on others than on one's own opinions.
In the given scenario, Josh's decision to have tiramisu only when others are having dessert and not if he would be the only one having dessert is affected by the framing effect. This is because his decision is influenced by the way others behave rather than his desire to eat even his favorite dessert.
Thus, the correct answer is the framing effect.
The two types of budgets are capital improvement budget and Yearly operating budgets.