The process adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
<h3>What is
Co-optation?</h3>
In business term, the term "Co-optation" is a process adopted by a firm by acculturating a smaller group with related interests because they will gain some values collectively therein.
In conclusion, the process that is adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
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Answer:
free trade area
Explanation:
There are four main types of economic integration models between countries:
- Free trade area: countries involved remove all trade barriers between them but are free to set trade policies with other countries, e.g. former NAFTA, now USMCA.
- Customs union: trade barriers are eliminated between members and all participating members agree to a common trade policy with non-member countries.
- Common market: similar to customs union but includes free movement of labor and capital.
- Economic union: a customs union that advanced into a political union, e.g. EU.
Answer:
carbon paper
Explanation:
there is a yellow paper underneath that the ink is transferred to
Recurring debt is the form of a due payment that occurs continuously as the amount of the money cannot be cancelled at the debtor's request it consists of the loan payment, alimony and child support.
$388 is the maximum allowable recurring debt.
<h3>What is the 28:36 ratio and how it is calculated?</h3>
The ratio states that a family should expend the utmost of 28% of its monthly earnings on entire housing expenditures but not additionally than 36% on complete debt service.
Given,
Monthly income = $4,850
- <u>Maximum expense on housing expense</u> = 28% of 4850

- <u>Maximum expense on total debt service</u> = 36% of 4850

- Therefore, the maximum allowable recurring debt with a monthly income of $4,850

Thus, option A. $388 is correct.
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