Answer:
Yes
Explanation:
There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.
There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.
Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.
Answer:
A contribution can be made based only on the income earned from part-time work
Explanation:
Contributions like IRA contributions can only be done on income that the divorced woman earns. The income from her work is $3000. The 2,400 alimony she collects as child support payments is not money from her earned income. So she cannot use this in addition for the purpose of making such a contributions. Therefore, a even with an earned income from work and alimony payments, she can only make the contribution out of the income earned from work.
Answer:
c. The infant industry argument
Explanation:
Infant industry argument is a mechanism for trade protectionism. It argues that a new industry does not have the economies of scale enjoyed by older competitors.
So they will need to be protected and funded till they develop and match up with economies of scale of other competitors.
Infant industries need to be supported as they are not able compete favourably with other companies from abroad.
Their protection will lead to a more vibrant economy where multiple players compete favourably.
Net primary productivity is the energy used by plants to make biomass after respiration
