Answer: No, Paul has not breached a contract.
Explanation: To answer this, we must first we must define what a contract is.
A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.
A quality that makes a contract legally binding is that it is enforceable by law.
In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.
Answer:
a. false
b. true
c. true
d. false
Explanation:
a. The first statement is false as the demand for the soft drink do not declines
b. The second statement is true as the quantity demanded decreased
c The third statement is true as the supplied decreased
d. The fouth statement is false as the quantity suppied do not decline
Therefore the option b and C are correct and option A and D are incorrect
Answer:
Increase the aggregate demand. This means, that the total demand for goods and services within a particular market will increase
Explanation:
The future expectations of an improving economy increase the aggregate demand. This means, that the total demand for goods and services within a particular market will increase as there is more trust in the market.
The rise in the income is another important factor for the aggregate demand to increase. With improving expectations the consumers will think that they income will improve and therefore their consumption levels.
Answer:
The correct answer is: Management by Objectives (MBO).
Explanation:
Management by Objectives (<em>MBO</em>) is a process in which a manager an employees agree on specific performance goals and then develop a plan to reach those goals. First outlined in Peter Drucker's 1954 book "<em>The Practice of Management</em>", MBO ensures better employee participation and commitment while aligning objectives throughout an organization.
<span>The greatest risk of insolvency</span> can be determined with a variety of factors.
