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Unconscionable Contracts or Clauses. Geographic Expeditions, Inc. (GeoEx) , which guided climbs up mount Kilimanjaro, required climbers to sign a release to participate in a expedition. The form mandated the arbitration of any dispute in San Francisco and limited damages to the cost of the trip. GeoEx told climbers that the terms were nonnegotiable and were the same as terms imposed by other travel firms. Jason Lhotka died on a GeoEx climb. His mother filed a suit against GeoEx. GeoEx sought arbitration. Was the arbitration clause unconscionable? Why or why not? explain in 50 words or more.
Hyperinflations occur when the government runs a large budget ________, which the central bank finances with a substantial monetary ________. According to the quantity theory of money and the Fisher effect, if the central bank increases the rate of m..
q.suppose the state is trying to decide how many miles of a very scenic river it should preserve. there are 100 people
A pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. Experts from the company have estimated the market for the drug and thus the potential revenues for the drug are knows, but the relevant costs are ..
Complete Blue Catering Service Inc.’s (BCS) 2013 Form 1120, Schedule D, and Schedule G (i? applicable) using the information provided below.
q1. in terms of currency denomination describe how proctor amp gamble prices its revenue and costs. consider any two of
A shop has the following production function: f(E,K) = 2E3/5 K1/7. Find the short-run profit maximizing level of labor demand if capital is fixed at 30 units. Find the long-run profit maximizing level of labor demand and capital demand.
Take a sample of thirty households from two counties A and B and collect data on their incomes for the past month. The information obtained (in thousands of dollars) and their corresponding frequencies is given below:
Invisible hand of market would optimally allocate exhaustible resources and prevent shortages because market prices of a resource such as oil reflect both its current value and its future value. Why might Hotel ling be right.
Suppose a consumer consumes two goods, X and Y. The slope of the budget constraint equals the a. relative price of the two goods. Government vouchers to purchase food, also known as food stamps, are an example of
What are the tools available to the federal government to implement fiscal policy. If you had the ear of the U.S. president, what advice would you give for the direction of U.S. fiscal policy.
Assume that that students and nonstudents have revealed their group demands for junior college education, a public good, as follows: Q = 1,500 – 0.25P, (Student demand) Q = 4,000 – P, (Nonstudent demand) where Q is the number of students educated per..
Bob’s utility function is given by . 0.5 0.5 U = X Y Bob earns $400. The price of X is $2 and the price of Y is $4. a. What is Bob’s optimal consumption bundle before any price change? b. Suppose the price of X increases to $4. What does Bob consume ..
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