Energy that is stored and available to be used later is called fat
Answer: No, Paul has not breached a contract.
Explanation: To answer this, we must first we must define what a contract is.
A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.
A quality that makes a contract legally binding is that it is enforceable by law.
In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.
Answer:
a) joint venture
Explanation:
Joint venture
It is the type of business , where the two or more parties agree to sum their finance to in order achieve a specific target or to start a business together .
Which can be a new project or any new activity .
The profit or loss is distributed with respect to their contribution in the share .
Hence , the company ABC forms a joint venture with the XYZ Inc .
Answer: The required return on a stock with a positive beta < 1.0 will decline.
This is the correct answer because when the market risk premium declines
the required return on stocks with any positive beta will decline. The reason for this is that Beta is the sensitivity of the stock to the market premium so if the market premium declines, if the beta is positive the return will decline
Example Capm RR= RF+B(RP)
If the RF= 5%
RP=5%
Beta of stock is 0.5
The required return on the stock will be 0.05+0.5(0.05)=0.075=7.5%
If the RP declines and goes to 2%
Then Required return will be equal to 0.05+0.5(0.02)=0.07=7%
Explanation:
