Answer:
a means or device used as a cushion against the shock of fluctuations in business or financial activity
<span>The contractor can collect from the estate only. The contractor and Clay made an agreement only in oral form, not in written agreement. So, the contractor could not got after Clay. </span>
The part of the combined price allocated to the product is less than 50% which might be around 35-40%.
<u>Explanation:</u>
Since the price of the product all alone is $450 and the price of the service alone is $550, so the combined amount totals up to be nothing less than $1000. But the company under the discount and offer, offers the both things combined for $800.
This shows that the company is under some loss which it has to incur. The loss is of $200 under the discount to be offered to the clients which serves as the incentive to the customers.
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