Answer: True
Explanation: Under the doctrine of "Privity of contract" it is a common law which state that a contract can not confer any right to a person or imposed any obligation upon anyone who is not a party to the contract. only parties involved in the contract are allowed to sue to enforce rights or claims on damages.
It is "true" that Privity of contract refers to the relationship that exists between parties to a contract.
Answer:
Put extra time and resources into community and environmental projects in order to improve their public relations
Explanation:
APEX Verified
A lot of people think buying in bulk is the best way to shop. But one thing they do not think of is if they will be using these items in a timely manner. If you purchase paper towels or toilet paper, these are items that will always be used throughout the year. They will not expire. Buying food in bulk may not be the best spending choice because how much will you use before it expires?
The use of the <u>internet </u>allows bank customers the ability to complete most transactions electronically without leaving home.
<h3>What is Internet?</h3>
Internet help to transmit data or information across a network, making it possible for internet user to communicate and exchange information.
Example of internet are:
- WAN which full meaning is Wide Area Network.
- LAN which full meaning is Local Area Network.
Hence, internet play an important function as it make it possible for bank customers to complete their transactions electronically or to carryout their transaction online without having to leave their various homes.
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If the government cuts taxes by $40 billion, this puts more money in consumers' pockets. Given an MPC of 0.8, this means they will spend $32 billion
Evaluating :
(0.8 × $40 = $32).
The correct answer is an increase of $32 billion.
GDP:
Gross domestic product (GDP) is a measure of the final goods and services produced with a specific region over a specified period of time. It is computed as follows:
GDP = Consumption + Government Spend + Investment + Net Exports
What is Marginal Propensity to Consume (MPC)?
Marginal propensity to consume (MPC) is measured as the portion of an increase in pay that a consumer would spend on goods and services as opposed to saving. Essentially, it is measuring how sensitive consumption in an economy is to increases in income. MPC is important in economics because it illustrates the effect that increased government spending has on the economy.
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