Watson Glaser

Q1/Should our country’s government, and the state and local government, be limited to spending no more than their income from various sources during any given year?

No; such rigid restriction against even prudent borrowing would seriously limit our growth as nation and create an economic depression.

Strong Argument.

Weak Argument.

Q2/Should high standards of purity for the nation’s air and water be maintained, even the result is higher prices to the consumer for electricity and manufactured goods?

No; a slight lowering of air and water purity standards will have few ill effects, but further inflation of prices for electricity and manufactured products will prove disastrous.

Strong Argument.

Weak Argument.

Q3/Should high standards of purity for the nation’s air and water be maintained, even the result is higher prices to the consumer for electricity and manufactured goods?

Yes; those who demand lower purity standards are concerned mainly with their own short-term profits.

Strong Argument.

Weak Argument.

Q4/Should the government continue to pay farmers the cost of soil conservation practices on their own land?

No; farmers have historically been a powerful pressure group on congress, but today most of the population lives in cities.

Strong Argument.

Weak Argument.

Q5/Should our country’s government, and the state and local government, be limited to spending no more than their income from various sources during any given year?

Yes; it would be good for the country’s people to learn to make sacrifices and stop the needless waste brought about by our mode of living.

Strong Argument.

Weak Argument.

Q5/Should the government continue to pay farmers the cost of soil conservation practices on their own land?No; soil conservation practices are easy and inexpensive; they are likely to more than repay farmers for their investment by increasing the yield, and thus the income, from their land.

Strong Argument.

Weak Argument.

Answers

Answer 1

No, such strict limitation would hinder national growth and cause an economic depression.

Yes, maintaining high purity standards is essential, regardless of the impact on prices.

No, soil conservation practices are cost-effective and beneficial for farmers without government payment.

Strong Argument: No; such rigid restriction against even prudent borrowing would seriously limit our growth as a nation and create an economic depression. This argument highlights the importance of flexibility in government spending and the potential negative consequences of strict limitations. It suggests that borrowing can be necessary for economic growth and development.

Weak Argument: No; a slight lowering of air and water purity standards will have few ill effects, but further inflation of prices for electricity and manufactured products will prove disastrous. This argument suggests that compromising on purity standards would have minimal negative consequences while avoiding higher prices for consumers. It downplays the potential long-term environmental and health impacts.

Strong Argument: Yes; those who demand lower purity standards are concerned mainly with their own short-term profits. This argument emphasizes the importance of prioritizing the long-term health and environmental benefits over short-term economic gains. It suggests that those advocating for lower standards may be motivated by self-interest rather than the well-being of the population.

Weak Argument: No; farmers have historically been a powerful pressure group on Congress, but today most of the population lives in cities. This argument implies that the influence of farmers should be diminished due to demographic shifts. However, it fails to consider the broader importance of soil conservation practices for sustainable agriculture and the potential benefits for society as a whole.

Strong Argument: Yes; it would be good for the country’s people to learn to make sacrifices and stop the needless waste brought about by our mode of living. This argument supports fiscal responsibility and highlights the importance of living within means. It suggests that limiting spending can lead to reduced waste and encourages responsible financial habits.

Strong Argument: No; soil conservation practices are easy and inexpensive; they are likely to more than repay farmers for their investment by increasing the yield, and thus the income, from their land. This argument suggests that farmers can benefit financially from soil conservation practices in the long run, making government support unnecessary. It emphasizes the potential economic returns for farmers and highlights the cost-effectiveness of these practices.

learn more about economic growth here:
https://brainly.com/question/33408189

#SPJ11


Related Questions

Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.

Answers

The PLATINUM+ e-4ORCE is the trim level that is available exclusively for customers who participate in the 2023 Ariya reservation program.

What is the Ariya reservation program?

The reservation program is organized by Nissan firm to the public.

In conclusion, the PLATINUM+ e-4ORCE is said to be the trim level that is available exclusively for customers who participate in the 2023 Ariya reservation program.

Read more about reservation program

brainly.com/question/597997

#SPJ1

Which of the following would be counted in M2?
The value of a home if the owner has placed it for sale
The balance due on a credit card
Travelers' checks
Long-term investment accounts worth more than $100,000
The market value of precious metals

Answers

M2 is the U.S. Federal Reserve's estimate of the total money supply such as all of the cash people have on hand plus all of the cash deposited in checking accounts, financial savings accounts, and different momentary saving automobiles such as certificates of credit (CDs).

What is included in the M2 cash supply?

M2 consists of M1 plus (1) small-denomination time deposits (time deposits in quantities of much less than $100,000) less person retirement account (IRA) and Keogh balances at depository institutions; and (2) balances in retail cash market cash (MMFs) less IRA and Keogh balances at MMFs.

Which of the following is no longer blanketed in M2?

The correct answer is alternative B) Savings bonds. Always have in mind that the whole thing in M1 plus the following is included in M2. Savings bond are no longer section of the monetary aggregate.

Learn more about Travelers' here;

https://brainly.com/question/28779362

#SPJ1

Can anybody please provide at least 2 reasons for:
1. Why adopted children should know their biological parents' identities
2. Why adopted children shouldn't know their biological parents' identities

Thanks for anybody who helps! And please ASAP!!!!!!!!

Answers

1. Why adopted children should know their biological parents' identities

- it creates a kind of reunion among the involved parties include the children, the biological parents, and the adopted parents

- they can locate and reunate if they want to, once they have grown up

2. Why adopted children shouldn't know their biological parents' identities

- they might get hurt by trying to find the truth

- if they know that they were just adopted they can feel less of themselves even though the adopted parents love them with all their hearts

to shift a country's production possibility frontier outward, which two activities should take place? multiple select question. a decrease in the efficiency with which resources are used an increase in the efficiency with which resources are used an increase in the stock of the country's resources a decrease in the stock of the country's resources

Answers

to shift a country's production possibility frontier outward, an increase in the efficiency with which resources are used are the two activities that should take place.

What is the production possibility frontier?

A firm can use the production possibilities frontier (PPF), sometimes referred to as the production possibility curve (PPC) or the transformational curve, which is a statistical curve. It illustrates how much of two goods the business can generate if they both rely on the same resource. When the PPF curve shifts, it could mean that the company is expanding or contracting.

The PPF states that the production of one product may only rise if the production of another product falls, which aids businesses in visualizing the assumption that production is running at its optimal efficiency. This is due to the curve's additional assumption that the company's resources are finite.

Learn more about the production possibility frontier with the help of the given link:

brainly.com/question/27833900

#SPJ1

Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

Read more on immigration here: brainly.com/question/9809956

#SPJ1

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Which step is the most important step in the decision making process?.

Answers

Answer:

The most important step of the decision-making process is: Assessing the possible uncertainties in the future course of action. It is a must for any of the firms to assess or evaluate the possible risks or the uncertainties associated with the firm operation and functioning.

As a company moves a customer through the purchasing process, the percentage of prospects changes. Which stage of the AIDA process has the smallest percentage of prospects associated with it? the awareness stage the interest stage

Answers

The interest stage of the AIDA process typically has the smallest percentage of prospects associated with it. This stage typically has a larger pool of prospects since it encompasses a broader audience.

The AIDA model stands for Attention, Interest, Desire, and Action, representing the stages a customer goes through in the purchasing process. In the awareness stage, the goal is to capture the attention of potential customers and make them aware of the product or service.

As the customer moves from the awareness stage to the interest stage, the pool of prospects tends to narrow down. At this stage, the focus is on generating interest and engaging the prospects who have shown initial interest in the product or service. The interest stage involves providing more detailed information, addressing specific needs, and highlighting the benefits of the offering.

The reason the interest stage usually has a smaller percentage of prospects is that not all individuals who become aware of the product or service will develop a genuine interest in it. Some may not find it relevant to their needs or preferences, while others may have competing alternatives.

Learn more about encompasses here: brainly.com/question/13753880

#SPJ11

how do you ensure that your retirement account is able to grow by taking advantage of compound interest?

Answers

By utilizing compound interest, early retirement investment accounts can increase.

What do you mean by interest?

Your interests and preferred areas of study are what you consider to be your passions. It retains your attention and piques your curiosity when something is interesting: Not much fascinating talk took place.

What professional interests do I have?

Your job interests influence the tasks and environments you choose for employment. By identifying your professional interests, you may make a more informed and wise career decision. You are pursuing your professional interests by selecting a position that makes use of your abilities and accords with your values and preferences.

To know more  about interest visit:

https://brainly.com/question/29480777

#SPJ4

Answer:

By utilizing compound interest, early retirement investment accounts can increase.

What do you mean by interest?

Your interests and preferred areas of study are what you consider to be your passions. It retains your attention and piques your curiosity when something is interesting: Not much fascinating talk took place.

What professional interests do I have?

Your job interests influence the tasks and environments you choose for employment. By identifying your professional interests, you may make a more informed and wise career decision. You are pursuing your professional interests by selecting a position that makes use of your abilities and accords with your values and preferences.

Explanation:

1market review in nepal with that market picture
For project work of class 8th O.B.T.E subject

Answers

Research has shown that the scenarios of things in the Nepalese market. The market under review here is called the Kalimati fruit and vegetable market and it is located at Kathmandu, Nepal.

What is the Kalimati fruit and vegetable market  about?

Kalimati fruit and vegetable market is known to be the largest wholesale market that is known to often sell agricultural products in the country of Nepal.

One can find this market in  Kathmandu, Nepal. it is said to be maintained by the Kalimati Fruit and Vegetable Market Development.

This market was set up in 1987 and as at that time, it was known to be a wholesale center run by the Nepal government and it was said to be set up by United Nation Capital Development Fund.

The sellers here are known to sell lowest of five kilograms and it also has a retail market for small traders to sell their products.

Study has shown that it has 425 wholesaler, 65 retail and also about 27 fish shops that can be found the market.

Learn more about Nepal  from

https://brainly.com/question/20380401

#SPJ1

1market review in nepal with that market pictureFor project work of class 8th O.B.T.E subject

the type of ownership in which each restaurant is the same in the ownership of each restaurant is the same as known as which of the following?
A. food service cooperation
B. Food service franchise
C. Independent food service operation
D. Food service chain​

Answers

Answer:

D. Food service chain​

Explanation:

In business ownership, a chain of restaurants refers to several restaurants owned by one organization. In other words, in a food service chain, the owner(s) will have many branches located in different locations. Because the restaurant belongs to one entity, they are similar in appearance and operations.

A chain of business is different from a franchise business. In a franchise, the branches are identical but have different owners.

2. Which option is not studied in macroeconomics?

(A) The consequences of a higher interest rate

(B)The effects of a lower exchange rate

(C)The impacts of price changes in the market for smartphones

(D)The impacts of progressive taxation

Answers

Answer:

C)The impacts of price changes in the market for smartphones

Explanation:

Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.

The Government uses data from macroeconomic to formulate national economic strategies.  Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.

The producer surplus on a unit sold equals: 1/2 (price times quantity minus marginal cost). (price minus marginal cost) multiplied by (1/2 quantity sold). price minus marginal cost. marginal benefit minus price.

Answers

The producer surplus on a unit sold is (price minus marginal cost) multiplied by (1/2 quantity sold).

Producer surplus refers to the difference between the price a producer receives for a unit of a product and the marginal cost of producing that unit. It represents the benefit or profit that producers gain from selling their products.

To calculate the producer surplus on a unit sold, you need to find the difference between the price and the marginal cost, and then multiply it by the quantity sold.

The correct answer is:

(price minus marginal cost) multiplied by (1/2 quantity sold).

To know more about producer surplus:

https://brainly.com/question/29037365


#SPJ11

Should I be worried about a sextortion email?

Answers

Sextortion emails can be concerning and potentially harmful. These types of emails typically claim to have compromising information, such as pictures or videos, and demand payment or personal information in exchange for not releasing the information to the public.

If you receive an email like this, do not respond or pay the ransom. Instead, you should report it to the appropriate authorities, such as local law enforcement and your email provider. Additionally, it's important to be cautious about the types of personal information and media you share online to reduce the risk of falling victim to sextortion scams.

You can learn more about Sextortion at

https://brainly.com/question/19576047

#SPJ4

suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.

Answers

Based on the information that can be gotten from the question, the price that should be charged by the theater for the matinee ticket will be $7.

From the complete information, when the price is $4 and the 3 customers enjoy the movie, the profit will be:

= ($4 - $1.5) × 3

= $2.5 × 3

= $7.5

Now, let's assume that the price charged is $7 and 2 customers enjoy the movie, the profit will be:

= ($7 - $1.5) × 2

= $5.5 × 2

= $12

Now, when the price is $12 and only 1 customer enjoyed the movie, the profit will be:

= ($12 - $1.5) × 1

= $10.5

It can be depicted that the profit of the theater will be at maximum when the price that is charged is $7.

Read related link on:

https://brainly.com/question/2571661

suppose that a small-town theater has six potential customers and is looking to implement price discrimination

Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?

Answers

Answer:

The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.

Explanation:

The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.

The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.

This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.

___ systems report on various segments or business units of the company.
Managerial Accounting
Budget
Controlling
Creditors

Answers

Managerial Accounting systems provide information on numerous business divisions or sectors inside the firm. The right response in this case is option A.

Managerial accounting is a type of accounting that provides financial information to internal stakeholders, such as managers and employees, to help them make decisions and manage the operations of the company.

Managerial accounting systems provide information on various segments or business units of the company, such as sales, production, and marketing, to help managers understand the performance of different parts of the business. This information is often used to develop budgets, control costs, and improve efficiency.

Budgeting refers to the process of creating financial plans for future activities, it is an important aspect of managerial accounting.

Complete question:

___ systems report on various segments or business units of the company.

A - Managerial Accounting

B - Budget

C - Controlling

D - Creditors

To learn more about Managerial Accounting

https://brainly.com/question/14570679

#SPJ4

WHAT ARE MANAGED SERVICE OPERATIONS?​

Answers

Managed services operations are operations which are related to food services.
“Managed services operations are operations which are related to food services. In managed services operator needs to meet necessities of both guests and clients. Most of the managed services need to prepare food in large quantities.”

Property rights are important to a free enterprise system because they:
A. Allow businesses to freely take ideas from competing companies.
B. Protect businesses' freedom to buy and sell products.
C. Encourage businesses to keep prices as low as possible
D. Place regulations on businesses that make dangerous products.

Answers

Protect businesses' freedom to buy and sell products

Brainliest is appreciated :)

to implement the marketing concept, a firm must first

Answers

Answer:

obtain information about its customers' needs

Explanation:

You must know what your customers' needs are before you try to satisfy them.

can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations. multiple choice question. services marketing research findings business products tangible goods

Answers

Services can be classified according to whether they are delivered by people or equipment, or by business firms or nonprofit organizations.

What are services?

An act or usage for which a customer, corporation, or government is ready to pay is referred to as a service. Barbers, physicians, attorneys, mechanics, banks, insurance businesses, and other professionals are a few examples. A public service is one that the entire community pays for.

Services are fundamentally intangible actions that satisfy needs and may be identified independently. It won't stay in stock with us. They don't actually become the owner of anything after their purchase. Services entail a real-world interaction between the service provider and the client.

Learn more about services, here:

https://brainly.com/question/13361091

#SPJ1

Explain the difference between the elements of the communication process and the Communication process.​

Answers

please gimme brainliest!

Answer:

seven

Explanation:

Seven major elements of communication process are: (1) sender (2) ideas (3) encoding (4) communication channel (5) receiver (6) decoding and (7) feedback.

Communication may be defined as a process concerning exchange of facts or ideas between persons holding different positions in an organisation to achieve mutual harmony. The communication process is dynamic in nature rather than a static phenomenon.

Which of the following was not one of the objectives of the Corporate Law Economic Reform Program (CLER a. To improve takeover legislation. b. To facilitate the more widespread use of electronic commerce. c. To make access to capital easier for large business. d. To make access to capital easier for small business

Answers

The objective that was not a part of the Corporate Law Economic Reform Program (CLERP) was to make access to capital easier for large businesses. The correct option is c. To make access to capital easier for large business.What is CLERP?CLERP is the abbreviation for the Corporate Law Economic Reform Program.

The Australian government established it in 1997 to undertake a comprehensive review of corporate law. The goal of the CLERP was to ensure that the regulatory framework that governs corporations is up to date and conducive to economic growth.What were the objectives of CLERP?The CLERP was established to accomplish several objectives, which are as follows:To develop legislation that would promote confidence in the financial system.To enhance corporate accountability and transparency.

To facilitate the use of electronic commerce, thus minimizing paper-based transactions.To improve the quality of financial reporting and audit services.To enhance the takeover laws and protect the interests of minority shareholders.To improve the efficiency of the corporate regulation system.To enhance the competitiveness of the Australian economy by fostering a market-based approach.What was not one of the objectives of CLERP?One of the objectives that was not part of the Corporate Law Economic Reform Program (CLERP) was to make access to capital easier for large businesses. Although the program aimed to improve the efficiency of the corporate regulatory system and foster a market-based approach, the goal was not to make access to capital easier for large companies.

to know more about Corporate Law Economic Reform Program pls visit-

https://brainly.com/question/32629657

#SPJ11

the market for streaming-music services contains only a few major producers. if more streaming-music service producers enter the market, what will happen? choose one or more: a. the market will become more competitive and the price will rise. b. individual sellers will have more control over the market. c. there will be a greater quantity of streaming-music services available in the market. d. the market will become more competitive and the price will fall.

Answers

The market will become more competitive and the price will fall. There will be a greater quantity of streaming-music services available in the market.

What transpires as a market's level of competition rises?

Economic fundamentals show that when businesses must compete for customers, the result is cheaper pricing, better goods and services, more variety, and more creativity. Due to competition, buyers and sellers may be forced to lower their prices. A market equilibrium known as a competitive equilibrium, where both sellers and buyers are price takers, is determined by the interaction between supply and demand. In a competitive equilibrium, prices and quantities adjust in response to changes in supply and demand. The market demand curve likewise slopes downward since the individual demands do, according to the rule of demand, which also applies to the market demand curve.

To Know more about Competition visit:

brainly.com/question/27581552

#SPJ1

Congress passes a bill calling for a 5% tax decrease. The president then signs it
a.) the government's monetary policy
b.) government's open. market regulations
c.) the government's tight money policy
d.) the government's fiscal policy

Answers

Answer:

d.) the government's fiscal policy

Explanation:

Fiscal policy is the actions of a government to alter spending and taxation to influence economic direction. This implies that fiscal policy tools are the level of government spending and taxation.

Reducing taxes and government spending increases the money supply in the market.  The government will consider these actions during recessions to stimulate economic growth. Increasing taxes and decreasing spending reduces money circulation in the economy, thereby regulating economic growth.

Place the steps in order for inserting a video link into a document.
Place the cursor at the
insertion point
Click the Online Video
button
Preview the video before
saving the document
Click Insert tab
Search for and select the
video

Answers

Choose Online Video from the ribbon's Insert tab. Insert the URL you copied in step 2 into the Insert Video dialog box. Choose Insert.

What actions are required to add a hyperlink to a document?

Make a link to a specific web page.

The text or image that you want to appear as a hyperlink should be selected. Input Ctrl+K. You may also choose Link from the shortcut menu by right-clicking the text or image and selecting it.

What is the best way to add a video to a Word document?

Add a video, sound, or movie to Microsoft Word, PowerPoint, or Excel.

Click Object from the Insert menu, then select the Create from File tab.

Locate the movie (or sound wave) you wish to insert by clicking Browse and then browsing.

Choose a movie (video clip or sound wave)

Press Insert.

Double-click a media file's icon to start playing it.

Select OK.

To know more about video link into a document visit:-

https://brainly.com/question/14836628

#SPJ13


In the United States, the 401(k) plan or Individual Retirement Account iS a defined
plan.

Answers

A defined contribution plan, often known as a cash or deferred arrangement, is a 401(k) plan.

What is a personal 401(k) plan?

When you work for yourself or as a partner in a company where the only employees are the partners and their spouses, you can maximize your savings with an individual 401(k), also known as an i401(k).

What is a defined benefit plan in a single 401(k)?

A Solo CB can be used in conjunction with a 401(k) Plan or as a standalone retirement plan. There is a compulsory contribution to a Solo CB because it is a defined benefit plan, but the plan also permits sizeable pre-tax retirement plan contributions, especially for business owners over the age of 50.

To know more about contribution plan visit :

https://brainly.com/question/16396530

#SPJ1

what would you do if you still liked someone that you have dated in the past and broke up with?And they dont know it?

Answers

Answer:

Tell them

Explanation:

Which item is most often included along with a resume as part of a job application?

A. Follow-up letter

B. Work samples

C. Acceptance letter

D. Cover letter

Answers

Answer:

D. Cover letter

Explanation:

A cover letter is sent together with a resume by a job applicant to a potential employer. The cover letter details the job the applicant is applying for.

While a resume shows the technical and work experiences of the applicant, the cover letter shows their personal side. The cover letter allows a candidate to demonstrate why they are the best for the position. A cover letter gives each candidate an opportunity to market themselves to the employer.

Restaurant Food Inc. intends to sell a certain quantity of beef for $1.000. In e-mail, however, the firm's sales representative mistakenly offers to sell the beef to Steak House for $100, Steak's manager immediately accepts. The seller: a. is bound to the deal at the offered price. b. can rescind the deal. c. is bound to the deal but can charge the intended price. d. can rescind the deal and recover damages for the mistake.

Answers

The seller (Restaurant Food Inc.) can B. rescind the deal.

Under contract law, a mutual mistake of fact can lead to the contract being voidable. In this case, the mistake was in the price offered. Both parties were unaware of the error when the contract was formed, making it a mutual mistake. Since the actual intended price was significantly different from the mistakenly offered price, the mistake can be considered material, which is a key factor in determining if the contract can be rescinded.

The seller (Restaurant Food Inc.) can rescind the deal. However, it's important to note that rescinding the contract merely nullifies the agreement, allowing both parties to walk away without any legal obligations. Restaurant Food Inc. cannot recover damages for the mistake, as the error was made by their own sales representative, and not due to any wrongdoing by Steak House. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Restaurant Food Inc. intends to sell a certain quantity of beef for $1.000. In e-mail, however, the firm's sales representative mistakenly offers to sell the beef to Steak House for $100, Steak's manager immediately accepts. The seller:

a. is bound to the deal at the offered price.

b. can rescind the deal.

c. is bound to the deal but can charge the intended price.

d. can rescind the deal and recover damages for the mistake.

Know more about Contract law here:

https://brainly.com/question/30626918

#SPJ11

1.Jaz works part time in a bar. One |||
week she works for 15.5 hours this
week and she is paid £6.50 per
hour.
She also received £18.00 tips.
How much will she earn this
week?

Answers

Answer:

£118.75

Explanation:

Jaz earns £6.50 per hour

This week she worked 15.5 hours

Her total pay will be

= £6.50 x 15.5

= £100.75

She received £18.00, total earnings

= £100.75 +  £18.00

= £118.75

Other Questions
Let S be the part of the plane 2c + 2y + z = 2 which lies in the first octant, oriented upward. Use the Stokes theorem to find the flux of the vector field F = li + 3j + 1k across the surface S. Preview My Answers Submit Answers QUICK!! 100 POINTS!!!a brief summary of the great gatsby chapters 2 and 3 Why were there so few southern towns? -(b-z)-(-2b+z)-(-3b-z) 5. Mr. Jones bought 5 1/2 kilograms of flour for $8.25.Tell whether each statement is True or False$1.00 can purchase 4/6 kilogram of floura. Trueb. False What do you mean by levels of professions? Which of the following is a fair comparison between life insurance and annuities?A) Annuities serve the same function as life insurance.B) Neither life insurance nor annuities are ever subject to income taxes.C) Both life insurance and annuities use mortality tables.D) Both always provide a lifetime of income. Is 1 a real number? the backup and restore option in windows 7 enables you to back up ________. person 6-9 MathXL 8th grade question 2 discuss how the definition of privacy that is commonly used (freedom from observation) may differ from the definition of privacy from the information security perspective (freedom from unsanctioned intrusion). PLEASE HELP ME!!!! I REALLY DON'T UNDERSTAND THIS!! draw the circles (x-4)^2 + (y-5)^2 = 16 Which psychological disorder is characterized by psychosis and major disturbances in thought, perception, and behavior?. The coordinates of 3 of the vertices of a parallelogram are (-3, 4), (-2, 1), and (2, 6). What is the equation for theline containing the side opposite the side containing the first two vertices? (Remember, opposite sides of aparallelogram are parallel.) Increase 1000 in the ratio 2:5 Assume that the economy is in a recession, and the recessionarygap is large.a) Graphically show such a situation using an AS-AD diagram.b) Describe how the policymaker can intervene in such an economy to boost aggregate demand and close the recessionary gap. What policies they may use? Explain your answer using a graph. c) What is the crowding-out effect? What is the Ricardo-Barro effect and how does this avoid the crowding-out effect? Explain with the help of diagram(s). Which statement about this sum is true? 5 2/5+5.3 A cheetah can run at a speed of 1.81 kilometers per minute. How fast can the cheetah run in miles per hour? First fill in the two blanks on the left side of the equation using two of the ratios. THEN WRITE THE ANSWER ROUNDED TO THE NEAREST HUNDREDTH ON THE RIGHT SIDE OF THE EQUATION. Will send pic of question. a company manufacturers soda cans with a diameter of 52 millimeters. in a sample of 12 cans, the standard deviation was 2.3 millimeters. what would be the 96% confidence interval for these cans? group of answer choices (51.33, 52.67) (50.64, 53.36) (51.34, 52.66) (50.45, 53.55)