*B. Complements* is the correct answer
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In free-market system <span>the business is privately owned and operated, which means that it is not owned or controlled by the government.</span>
The free-market system require government regulation, because the producers are driven by the profit motive to work against competition. Government regulation will enable and ensure fair competition and protect consumers.
She could reduce the number of hours she works, she could increase her level of absteneeism, and she can ask for a raise, she could reduce the number of hours she works and could ask for a raise.
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Answer:
Misrepresentation & Fraud:
a) Elements for Fraudulent Misrepresentation:
1) A representation was in fact made: This means that it was not just a mere opinion expressed by the party misrepresenting.
2) That particular representation was false: The statement made was untrue.
3) The defendant had knowledge that the representation was false: The misrepresentation was intentional on the party of the defendant.
4) The statement was made with the intention that the other party rely on it and enter into a contract or agreement: The defendant was out to induce the other party to enter the contract.
b) Kahn committed a fraud since he intentionally induced Lischner to contract on the basis of fraudulent misrepresentation. The remedy available for Lischner is to rescind the contract.
Explanation:
a) Fraudulent misrepresentation is the presentation of false facts by someone who attempts to persuade another into action with the intent to deceive. The remedy available to the deceived party is to rescind the contract or to plea for damages.
b) According to the britannica.com, "Fraud, in law, is the deliberate misrepresentation of fact for the purpose of depriving someone of a valuable possession."
Answer:
Mojave Corporation and Target Costing:
If Mojave changes to the approach known as target costing, the company will first: trim its $350 cost.
Explanation:
Target Costing is a costing technique where a desired profit margin is set and deducted from a competitive market price. The selling price equals the target cost plus the profit margin. This implies that there is a target cost above which a manufacturer will not exceed given its desired profit and a competitive market price. Therefore, cost must be trimmed to achieve the desired profit level given a market price.
Mojave needs to plan ahead for the price points, product costs, and profit margins it wants to achieve. If it cannot achieve these, then it will be in its best interest not to continue production.