I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
The remedy that Heidi has in this scenario is <u>D. Heidi is entitled</u> to recover the purchase price of the sculpture, as well as the money she spent to have the sculpture appraised.
<h3>What are the remedies for breach of contract?</h3>
Some of the legal remedies available to a party whose contract is <u>breached</u> are:
- Compensatory damages
- Specific performance
- Contract rescission
- Restitution.
<h3>Answer Options:</h3>
A. Heidi has no recourse in this scenario, because she accepted delivery of a non-conforming good.
B. Heidi may sue the art dealer for specific performance and require the dealer to secure the original sculpture in any way possible.
C. Heidi is only entitled to recover the money that she paid for the sculpture.
D. Heidi is entitled to recover the purchase price of the sculpture, as well as the money she spent to have the sculpture appraised.
Thus, based on the scenario, Heidi is entitled to Compensatory damages, which award the plaintiff the monetary value of what she either lost or incurred because of the breach.
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Answer: Monopolistically competitive structure.
Explanation:
The restaurant industry as described in the question is a Monopolistically competitive structure. In the Monopolistically competitive structure different businesses offer a similar product for sale and they try to make their products unique and can set their prices without considering the price set by their competitors. The Monopolistically competitive structure is difficult market for new businesses to break into.
I think b is the correct answer
Answer:
$291
Explanation:
The amount of refund that Brianna ought to receive is the difference between the taxes paid and what needed to have been paid.
Brianna paid $837 but $546 was the right amount to pay.
Refund = $837 - $546
Refund = $291