<u>Answer: </u>Promissory note
<u>Explanation:</u>
Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.
Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.
Answer:
C. Comparative advantage determines which goods a country should produce for export.
Explanation:
Just got it right on my quiz!
Answer:
Any event or occurrence that can have a detrimental effect on an organization either in whole or in part-B
Explanation:
A disaster in buisness is an economic disruption situation resulting from Natural hazards(floods, hurricanes), Health hazards(Corona virus), Human hazards (accidents) and
Technology-related hazards power and equipment failure.) Causing detrimental effect to buisnesses.
Disasters especially natural disasters can happen suddenly affecting a buisness tremendously. Therefore business owners need to be prepared by having a backup plan in place. For example substitute work site, or good insurance can go a long way in cushioning the effects of some disasters.
However, generally,there is not so much that a business leader can do in preparing his or her organization for hazards but it is necessary that they always Identify Thier risk, develop Plans , take action towards the plan and Inspire others on Thier successful outcomes.
Answer:
d) competitors are similar to monopolists.
Explanation:
Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.
Also, there is free entry and exit in this market
In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist
hence, the correct option is d.
