Answer: Tony has explicitly breached the Implied Warranty of Fitness for a particular purpose.
Explanation: the Implied warranty of fitness for a particular purpose takes effect when a buyer specifically asks a seller for a product that can be used for a particular purpose.
Because Mark (buyer) requested for the exact type of wood that can resist wood decay caused due to the damp environment of his cabin and Tony (seller) sells Mark lumber while assuring him that it's what he is looking for. Tony's assurance to Mark is known as the Implied warranty of fitness for a particular purpose, and since the wood is affected by dampness and caves then Tony has explicitly breached the warranty.
Answer:
Increase in premium
Decrease in the risk premium
Explanation:
Premium can be defined as the rewards earned by investors who has decided to engage in new businesses in a risk free state while risk premium is defined as the excess reward earned above the free risk rate that is expected to earn in the course of investment.In order word , it is a form of compensation for the risk undertaken .
As economy starts expanding , one of the consequences is that the premium will increase while the development reduces related risks and risk premium reduces.
Answer:
Investment B
Explanation:
In this question we need to compare the net present value which is shown below:
For Investment A, the net present value is
= -$6,00 + $8,000 ÷ 1.10^1 + $8,000 ÷ 1.10^2 + $8,000 ÷ 1.10^3 + $8,000 ÷ 1.10^4 + $8,000 ÷ 1.10^5 + $8,000 ÷ 1.10^6
= $28,842.09
For investment B, the net present value is
= -$6,000 + $9,000 ÷ 1.10^1 + $9,500 ÷ 1.10^2 + $10,000 ÷ 1.10^3 + $10,500 ÷ 1.10^4 + $110,00 ÷ 1.10^5 + $11500 ÷ 1.10^6
= $38,039.43
As we can see that the investment B has highest net present value as compared to the investment A
Therefore, investment B is superior
1) A small caribbean islands economy depends on tourism. However in recent times, it has seen much less economic activity. Its government decides to let the market correct the situation------Hayek
In contrast to Keynes, Hayek trusted that certifiable recuperation from a post-blast crash called for satisfactory spending as well as for an arrival to economical generation - creation cleansed of blast period mutilations caused by pain free income.
Hayek was expelled as somebody who needed to "exchange work, sell stocks, sell the agriculturists, etc.
2) Flour prices have risen in a country where bread is a stable part of the diet. As a result, bread prices have risen tremendously. In an effort to make bread affordable for it's citizens, the government has limited how much bakers can charge for bread.------------Keynes
During the Great Depression of the 1930s, existing financial hypothesis was not able either to clarify the reasons for the extreme worldwide monetary crumple or to give a sufficient open strategy answer for kick off creation and business.
British economist John Maynard Keynes led an unrest in monetary reasoning that upset the then-overall thought that free markets would consequently give full business—that will be, that everybody who needed an occupation would have one as long as laborers were adaptable in their wage requests.
Answer:
a) True
Explanation:
Procter & Gamble's (P&G) paper towel and baby diaper business that both use paper products reveals them as an example of value created through transferring its core competency.
They have a corporate level diversification strategy. Such strategy is geared in order to create value. This gives them a competitive advantage over their competitors which is achieved through selection and management of a mix of businesses.
