Answer:
The Law agency
Explanation:
The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, that is authorized to act on behalf of another (called the principal) to create legal relations with a third party.
Answer:parolee-is someone who's a convicted criminal and allows them to live a new life with supervision to be maintained and make sure they don't do anything their technically still serving time in jail obviously but where they spent jail time they aren't allowed to leave that area for example if they spent it in South Carolina they can't travel to Florida to start a new.
Probation-Is someone who instead of going to jail they will have a officer or court to always report back to with what their doing and where they are they aren't allowed to have any weapons or anything around not even drugs they are allowed to stay in their community only and nowhere else as long as their being supervised
Explanation:they are quite similar with needing to be watched by the police and they are required to check in otherwise it will be trouble for them unless they somehow get their way out of the trouble
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In a capitalist economy the job or role of government is to make the national defense stronger, maintain law and order, and regulate the money supply. The government does not have a huge role in this type of economy.
Hope this helps Xx :)
Answer:
B. A business gives its employees a raise, so it cannot afford to buy any TV ads.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For instance, if you decide to invest resources such as money in a paying your employees (workers), your opportunity cost would be the benefits like increased sales you could have earned if you had invested the same amount of resources in advertising your business.
Hence, the situation which best illustrates the economic concept of opportunity is when, a business gives its employees a raise, so it cannot afford to buy any TV ads.
