Answer: 7. intended donee beneficiary
Explanation:
Intended donee beneficiaries are people who are gifted the benefit of a contract they are not involved in by one of the contracting parties. The person who was involved in the contract that gave the gift does not owe the person that the gift was promised to any debts which makes it like a donation. Russ is an intended donee beneficiary who was meant to receive a benefit from a contract between Clark and the Insurance company even though he was not party to it.
A risk assessment grid is used to describe the overall process or method where you: identify hazards and risk factors that have the potential to cause harm. You also analyze and evaluate the risk associated with that hazard.
(Ex: Qualitative and Quantitative)
Answer:
For every $1.00 spent in manufacturing, another $2.79 is added to the economy
Explanation:
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Answer: Option B
Explanation: Semi variable cost or semi fixed cost are the expenses which are composed of both fixed and variable cost. In such type of costs, the nature of the cost remains fixed till a certain level of production or consumption and becomes variable when the production level exceeds that stage.
For example :- A state charge its residents a fixed amount of electricity bill till 300 units of consumption and after 300 units the residents must pay $1 for every additional unit consumed.