Answer: <em>Option (A) is correct.</em>
Explanation:
An obligation is known as an assurance that obligates the state to legal accountability for the payment of commodities or services. It is a legally binding promise by the government that further will result in outlays such as to pay for commodities, studies, services either immediately or in future. In order for the obligations to incur legally, budgetary resources should be available.
Answer:
Fraud
Explanation:
fraud
This is simply defines as a precised, well planned falsehood/deception with the sole aim so as to get an unfair or unlawful profits/gain.
The 5 elements of fraud
They simply includes: false representation of fact, knowledge of the falsehood by the party making the false representation, intent to deceive by party , reasonable reliance by the innocent party, actual loss suffered by innocent party
Misrepresentation
This is simply defined as an act of making an innocent statement that are usually false when the individual do seriously believed the statement was true at the time it was made.
Fraudulent Misrepresentation
It is a form of misrepresentation that is intentionally false and is intended to mislead others.
To recover damages caused by fraud, it includes the following:
1. Proof of harm is essentially required
2. The measure of damages is usually equal to the property's value had it been delivered as represented, less the price paid
3. courts may also award punitive or exemplary damages
The first one is done alone the second is done with someone else
Answer:
Buddhist custom
Explanation:
obon is a Japanese Buddhist custom were they honor their dead ancestors held on July/august
Answer:
Through regulation, taxation, subsidies and enforcing the antitrust laws.
Explanation:
According to Samuelson and other modern economists, governments have four main functions in a market economy — to increase efficiency, to provide infrastructure, to promote equity, and to foster macroeconomic stability and growth.
The government tries to combat market inequities through regulation, taxation, and subsidies.
Examples of this include breaking up monopolies and regulating negative externalities like pollution. Governments may sometimes intervene in markets to promote other goals, such as national unity and advancement.
One way we do this is by enforcing the antitrust laws. ... But competition can only thrive if firms respect the antitrust laws, which are the rules of the free market. When businesses break those rules—such as by agreeing to fix prices—they effectively steal from consumers and harm the economy.
