Answer: Statute of Frauds
Explanation:
The Statute of Frauds requires that real estate sales be conducted in writing instead of via oral agreement and since the lawyer and the owner had only an oral agreement, the courts would most likely side with the owner.
The lawyer can argue under the Principle of Part Performance (an exception to the Statute of Frauds) that his actions in renovating the place were consistent with someone who had an agreement to buy the place but the owner could argue that the lawyer's actions were simply those of a leasee improving the conditions of the place he is renting. This would bring the courts on the side of the owner.
The change in equilibrium will depend on the relative shifts in the demand and supply curves.
Based on the accompanying graph, there are several scenarios that could explain the change in equilibrium.
These include:
1. An increase in demand for the product, which would shift the demand curve to the right and result in a higher equilibrium price and quantity.
2. A decrease in supply for the product, which would shift the supply curve to the left and result in a higher equilibrium price and lower equilibrium quantity.
3. An increase in both demand and supply, which would result in a higher equilibrium quantity but an unclear effect on equilibrium price.
4. A decrease in both demand and supply, which would result in a lower equilibrium quantity but an unclear effect on equilibrium price. It is important to note that the specific scenario that explains the change in equilibrium will depend on the specific details of the graph.
For example, if the demand curve shifts to the right more than the supply curve shifts to the left, then the most likely scenario would be an increase in demand. However, if the supply curve shifts to the left more than the demand curve shifts to the right, then the most likely scenario would be a decrease in supply.
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B)The scientific method can help develop accurate models even when data are unavailable.
C)The scientific method may not reveal a "true" model of the world.
D)The scientific method does not require the models to be tested with data.
Answer:
The answer is: C) The scientific method may not reveal a "true" model of the world.
Explanation:
When economists and scientists use the scientific method they are trying to develop models of the world and then test them with data. Past data is used to try to predict future economic behavior. That doesn´t mean that those models are 100% accurate and true, but rather that they might (or not) apply to specific situations.
Microeconomics relies on the use of the scientific method and econometrics, while the scientific method is not applicable in macroeconomics.
Among the options, the true statement is option C: The scientific method may not reveal a 'true' model of the world. The scientific method is meant to minimize bias and enhance result reliability, but that doesn't mean it always reveals the 'true' model of the world, as models can change with new data or perspectives.
Among the statements provided, option C) The scientific method may not reveal a "true" model of the world is true. The scientific method uses a systematic approach to answer questions and understand phenomenon. It's meant to reduce bias and increase the reliability of results, but that does not mean it always reveals an absolute or 'true' model of the world. Scientific models are inherently simplifications of the real world, and they can change as new data or perspectives come to light.
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Answer:
Can you please post a clearer picture
Explanation:
If you can I might be able to help.
B. the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions
C. the five stages a buyer passes through in making choices about which product and service to investigate, purchase, and consume. D. the mental and social processes related to purchasing that are innate in a person from birth.
E. those purchasing behaviors that result from repeated experience and reasoning.
Answer:
B.
Explanation:
Consumer behavior refers to all the processes related to what, why, how, when, from whom consumers purchase and pay for a product and how they consume and dispose of it in order to meet their needs.
Is the dynamic interaction of cognition, behavior and environmental events by which human beings conduct the exchange aspects of their lives.
Understanding how consumer behavior impacts marketing renders it vital to understand those factors which affect consumer behavior and which include:
-cultural factors
-cultural shifts
-culture is the combination of subcultures
-another cultural factor is the social class
Consumer behavior in the context of business refers to the actions and processes involved in purchasing and using products and services. Therefore, the correct answer is "the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions" (option B).
The subject of this question is Business. Consumer behavior refers to the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions.
It involves understanding the decision-making processes, motivations, and factors that influence consumer choices.
Therefore, consumer behavior refers to "the actions and processes involved in purchasing and using products and services" (Option B).
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Based on the amount paid by Mohammad every month, the total payments were $864.
The total amount paid by Mohammad can be found as:
= Amount paid monthly x Number of months
Solving gives:
= 96 x 9 months
= $864.
In conclusion, Mohammad paid $864 in total.
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Answer:
Amount of total payment is $864.
Explanation:
Principal Amount = $809
Monthly payments = $96
Number of months = 9 Months
Total payment = Monthly Payment x Number of Months
Total payment = $96 x 9 months
Total payment = $864
Extra payment paid with principal = Total Payment - Principal payment
Extra payment paid with principal = $864 - $809
Extra payment paid with principal = $55