Answer:
The difference is that the original jurisdiction is where the case begins and the appellate jurisdiction is when the court reviews another court's decision.
Explanation:
Original jurisdiction refers to the right of the court to hear the case first and appellate jurisdiction refers to the right of a higher court to review a court's decision.
Answer: Fair market value of
Explanation: Box 7: Fair market value of property. If a foreclosure or abandonment of property occurred during the same year—and in connection with the canceled debt—box 7 shows the fair market value, or you will receive a separate 1099-A form.
Answer: 1954
Explanation:
When the court case of Brown vs. board of education occurred
Answer:
A firm is a price taker BECAUSE other firms can dive into the market with ease and manufacture a product that is not so different from every other firm's product. With this, it will not be easy for any firm to set their own prices.
Explanation: A trade that do not affect the price of a commodity if he or she buys or sells shares is called a PRICE TAKER.
Firms in perfectly competition market are price takers because as soon as the equilibrium price is set for a commodity, firms must accept.
Agriculture is an example of a perfect competition since each farmers have no control on the market price .
Also, financial assets like stocks and bonds is a good example too
