Answer: True
Explanation:
An exculpatory clause is a form of contract provision which relieves one party of liability when damages are caused while executing the contract. The party which ssues the exculpatory clause is the one that is seeking to be relieved of any potential liability incurred.
There has already been a notice that "the garage is not responsible for any item stolen from the car". Roger parking his car at the garage is at his own risk as the garage owners won't be responsible.
Answer:
Purpose of business is to increase general well being of people by selling goods and services.
Explanation:
The main purpose of business is to increase well being of people, make profits for its stakeholders and offering value for money to its customers or clients through products and or services. The products and services provided by the company should not harm its customers and clients instead these products and services should provide benefits to its users and satisfy their needs. While making profits a company should keep scarce resources in mind so the needs of the future generation is not compromised also it does not harm the environment by its poisonous wastage. Every business requires some form of investment as an input though which quality output can be provided to its customers and clients.
If purchasing power parity holds, when a country's central bank decreases the money supply, its <u>If purchasing power parity holds, when a country's central bank decreases the money supply, its price level (rises/falls) and its currency (appreciates/depreciates) relative to other currencies in the world. </u>
A theory of exchange rate determination and a means to compare average prices of goods and services between nations is purchasing power parity (PPP).
According to the hypothesis, fluctuations in the spot exchange rate are caused by importers' and exporters' actions, which are prompted by variations in prices across nations.
Alternatively, PPP contends that changes to a nation's current account may have an impact on the value of the currency's exchange rate on the foreign exchange (Forex) market.
In contrast, the interest rate parity theory postulates that fluctuations in the exchange rate are caused by investor actions (whose transactions are reported on the capital account).
The "law of one price" as it pertains to the overall economy is the foundation of PPP theory.
Hence, option A and D is correct.
To learn more about PPP here
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Answer:
B. $40,955.35
Explanation:
The computation of the amount that need to pay is shown below:
The Amount needed at 18 age is
= Present value of all future expenses
= $8000 × (1.02)^18 + $8,000 × (1.02)^19 ÷ 1.1 +$ 8000 × (1.02)^20 ÷ (1.1)^2 + $8,000 × (1.02)^21 ÷ (1.1)^3
= $11,425.6 + 10,594.98 + 9,824.44 + 9,109.39
= $40,954.95
It is nearest to option B
Jake has changed the SOCIAL PSYCHOLOGICAL CONTEXT.
Context refers to the environment in which communication take place. There are four types of context, which are: cultural, temporal, physical and social psychological context.
Social psychological context refers to the formality or informality of the situation depending on the relationship between the two people that are communicating.<span />