Answer:
The correct option here is B)
Explanation:
The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.
Answer: Option A
Explanation: In simple words, perfect competition refers to a market structure in which the the market have a large number of small buyers and sellers.
Due to this high volume of small level buyers and sellers no single party has the power to influence the price. The price in such market are determined by the market forces of demand and supply.
Hence from the above we can conclude that the correct option is A.
Answer:
Banks are owned by shareholders, while credit unions are owned by members
Explanation:
Banks are financial institutions established by the founders to make profits. Due to their capital requirements, banks are large corporations owned by the private sector or government. Like other corporations, the owners of a bank are its shareholders.
Large organizations form credit unions to cater to their employees well being. Credit unions are not for profit organizations since they are formed to cater to its members' well beings. It means membership to the credit union is limited to the founding organization's employees unless otherwise stated. The members of the credit unions are its owners.
<span>What condition is necessary for a fiat money system to work? The government must control the money supply. Fiat money is not physical money like bills or coins, fiat money solely exists because if supply and demand of a good or service. This is a currency that the government has declared legal but it is not backed by any physical commodity. Due to that, the government has to be in control of the money supply for the fiat system to work. </span>
