Answer: indemnification
Explanation: The indemnification clause is essentially the other party's obligation to compensate your damages if they do something that hurts you or allows you to be sued by a third party.
Indemnifying and keeping innocent means the same thing — making it whole after a defeat. Usually, but not always, the obligation to indemnify is reconcilable with the contractual obligation to "keep harmless" or "save harmless.
Hence from the above we can conclude that Rangle has right of indemnification.
Check your stuff to see what you already have and what you need.To go around buying everything you want just because its pretty.
Rationing system refers to the system of managed distribution of resources that are considered scarce. How this controls the distribution is by controlling the size of the ration. Therefore, if someone offers a landlord extra cash to make sure that the apartment would be guaranteed available is like performing business in the black market.
Answer:
a and b
Explanation:
A perfect or pure competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Due to maximum competition in a pure competition, it is the lowest cost to the buyer.
Pure competition is efficient because, goods are priced at equilibrum
