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What law (common law, UCC, CIGS) governs the contract? WHY?
1. Contract between A, a merchant and B, for sales of widgets.
2. Contract between A, a US merchant and B, a chinese merchant for paiting of building that provides California law applies
3. Contract between A, a US merchant and B, a chinese merchant for sales of widgets that provides Nevada law applies.
4. Contract between A, a US merchant and B, a chinese merchant for sales of widgets that provides california law applies but the parties expressly opt out of the UN Convention on the international sales of good.
the last one: What the difference between these 3 laws based on these questions?
In a two-sector (manufacturing and agriculture) specific-factors model:
The price level starts at 1.0 and rises by the end of the year to 1.15. What has happened to the value of the dollar over that same period of time? What are the consequences of that price level change? Will an increase or decrease in the money supply..
A consumer has $600 to spend on goods X and Y. The market prices of these two goods are Px = $30 and Py = $10. What is the market rate of substitution between goods X and Y? Suppose that the consumer's income doubled. How does that alter the market r..
American rice producers have extremely high production costs, due to some structural problems. Therefore, if not supported by the government, they will not be able to compete with foreign producers. Analyze two supportive policies intended to maintai..
Explain how a group of nations could develop a cartel to maximize their profits of COFFEE. Be sure to address natural resources and/or factor endowments that could be leveraged in the creation of the cartel.
Suppose the following table reflects the domestic supply and demand for compact discs (CD’s). Now suppose that foreigners enter the market, offering to sell an unlimited supply of CD’s for $6 apiece. Illustrate and identify.
Assuming that the marginal product of labor is constant between 10 also 11 workers also the marginal product of capital is constant between 3 also 4 machines.
q1. discuss the current state of the chilean economy by focusing on the recent past and macroeconomic characteristics
A small manufacturing firm is considering the purchase of a new machine. Two types of machines are available on the market. The lives of Machine A and Machine B are four years and six years respectively, but the firm does not expect to need the servi..
Mr. Smith has saved $1800 each year for 20 years. A year after the saving period ended, Mr. Smith withdrew $7500 each year for a period of 5 years. In the sixth and seventh years, he only withdrew $5000 per year. In the eighth year, he decided to wit..
Discuss the importance of laws and the requirements to amend them regularly. Cite examples from the perspective of Oman and explain with evidence the importance, advantages and disadvantages of the commercial agreements between Sultanate of Oman and..
What are price floors and price ceilings? How could a business maintain its level of profitability if forced to accept price ceilings? Use a business in your response. For example, a coffee shop could ... Please do not use a coffee shop in your examp..
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