Answer:
(a)France is labor abundant because it has more workers than capital. Portugal is capital abundant because it has few workers and more capital
(b) Since France is labor abundant it should export cloth and import wine whil Portugal should export wine and import cloth.
Explanation:
Solution
Given that
(a) France as a country is labor abundant as compared to Portugal which is a capital abundant. this is because, France has more number of workers than capital and Portugal possess more capital than workers.
(b) With reference to Heckscher-Ohlin theorem, a capital abundant country should export capital intensive good and the labor abundant country should export labor intensive good.
France should export cloth and import wine since it is abundant. while Portugal should export wine and import cloth.
With this, both the countries will be utilizing their abundant factors of production in an effective way. this will increase the production of both the countries.
Answer:
By Private placement, the company will be able to raise funds offering shares to a select group of investors.
Explanation:
C) Requires the defendant to sign the agreement.
<h3>The Statute of Frauds: What Is It?</h3>
A legal principle known as the statute of frauds mandates that certain types of contracts be performed in writing. The law covers agreements involving the sale of real estate, transactions involving items valued at more than $500, and agreements lasting a year or longer.
<h3>What criteria does the Statute of Frauds have?</h3>
Three conditions must be met in order to satisfy the Statute of Frauds.
- It must first specify what the contract's subject matter is.
- It must also state the existence of a contract between the parties.
- The particular conditions of the contract must also be stated with a reasonable degree of precision.
<h3>What kind of agreement may not be accepted under the Statute of Frauds?</h3>
Several different sorts of contracts may not be upheld by the Statute of Frauds.
- A contract with a completion date of less than a year serves as an illustration.
- A contract would not be taken into account for the statute if someone promised to deliver a goods to someone's house within six months but never showed up.
learn more about Statute of Frauds here
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Answer:
Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Involving five phases—Empathize, Define, Ideate, Prototype and Test—it is most useful to tackle problems that are ill-defined or unknown.
Explanation:
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation: