This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.
WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.
Capital Rationing occurs when a firm has to ration capital because there's no enough fund to invest in all the attractive projects.
Capital rationing is used by companies in order to limit the number of projects which they'll invest in at a time.
Since Serena has to rank several alternatives for purchasing a new piece of equipment based on the fact that there is constraint with regards to the availability of funds, this is capital rationing.
The Federal Reserve System, often referred to as the Federal Reserve<span> or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
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The total number of firms in this industry will decrease in the long run because increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.