Answer:
contract terms incentivize one party to take on more risk because they don't carry the full cost of the risk
Explanation:
A moral hazard can be understood as the concept that a participant that is sheltered from danger in some manner will behave significantly than if they were not.
Every day, we see moral hazard in the form of established academics who remain apathetic presenters, individuals who have burglary insurance who are less attentive about where they parked, compensated workers who take long vacations, and etc.
Thus, from the above we can conclude that the correct option is C.
Answer:
people skills is how you work well with others or deal with being around them and self management is how you react and deal with yourself.
Answer: Domestication.
Explanation:
Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.
Answer:
Explanation:
(a) The computation of the cost of goods sold is shown below:
= Beginning inventory + Purchase of new merchandise - ending inventory
= $4,000 + $22,000 - $4,500
= $21,500
(b) In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
