Answer:
Yes, Hazel needs to pay extra $700
Explanation:
As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.
Exceptions to this rule:
- As per new contract, if the person undertaking his duty hires another person to perform the work so as to complete it in time, then modifications are valid and enforceable.
- Modifications are valid in case of unforeseen contingencies like war, recession, change in economic conditions and strikes.
In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.
P - principle of the loan
FC - finance change or total interest
N - number of months the loan is force
FC = ($1,000 x .06 x 1)
FC = $60
Finance charge is $60.
Answer:
b. $2 billion trade surplus with country B.
Explanation:
When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.
In this case, exports to country B are worth $10 billion which are larger than the $8 billion of imports from country B. Country A's trade surplus is given by:
Therefore, the answer is alternative b.
Answer:
a market located in an economy with low to middle per capita income.
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<u>PLEASE</u><u> MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>
