When someone is hurt because
of another person's or entity's carelessness or negligence, he or she can recuperate economic and
noneconomic damages that flow from the negligence. He or she will
also have to show duty, breach of duty, and damages. The actual case is called
cause in fact. However, if the defendant's behavior created the cause in
fact<span>, the defendant may
be liable for negligence.</span>
A verbal contract is generally legally binding, but enforcement requires a significant burden of proof. In this particular instance, there would be exceptional difficulties in compelling Chris to pay.
Answer: The answers are:
A) <u>$200,000.</u>
B) <u>$258,881.</u>
C) <u>$177,399.</u>
Explanation: The values to put in the financial calculator are:
Future value = $ 200.000.
Payment = $ 200,000 x 0,10 = $ 20,000.
n = 5 x 2 = 10. (Number of semesters in 5 years).
YTM = (a) ten percent, (b) six percent, and (c) 12 percent.
A) Price or Present value = <u>$200,000.</u>
B) Price or PV = <u>$258,881.</u>
C) Price or PV = <u>$177,399.</u>
<u></u>
Answer:
50 cartons of eggs
Explanation:
The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.
Bottles of milk cartons of eggs
India 15 50
Indonesia 25 35
In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.
In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.
According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.
Answer:
There are at least 2 opportunity costs associated with of letting your colleague have another month:
- if you invested in the oil-well venture, you could have earned $5,100 x 36% = $1,836 in one year
- if you invested in the new IT stock, you could have earned $5,100 x 48% = $2,448 in one year
You could invest in one of these options, or divide your money and invest in both options, e.g. invest $2,000 in the oil company and $3,000 in the IT company. Each different investment proportion results in a different opportunity cost.
Explanation:
Opportunity costs are the benefits lost or extra costs associated to carrying out an investment or activity instead of another alternative. Sometimes you might have several opportunity costs for one investment, e.g. invest in the IT company which is risky, invest in corporate bonds which is less risky or invest in US securities which is a safe investment.
