Using legal reasoning and terminology

Assignment Help Business Economics
Reference no: EM13742987

Are legalized forms of gambling, such as state-operated lotteries, consistent with a continuing public policy against the enforcement of gambling contracts? Why or why not? Please discuss and support your comments using legal reasoning and terminology.

Reference no: EM13742987

Questions Cloud

Write a brief summary of an unnecessary and avoidable war : Write a Brief summary of An Unnecessary and Avoidable War and A Necessary and Unavoidable War. Also include the Argument as to why you find one author more convincing and Conclusion.
Example of economies and scale and dis-economies of scale : Economies of scale and dis-economies of scale? What do these terms mean, when do they occur and how do they differ? Can you provide an example of economies and scale and dis-economies of scale.
Which firm is more likely to be unionized : Firm A would hire 20,000 workers if the wage rate is $12 and would hire 10,000 workers if the wage rate is $15. Firm B would hire 30,000 workers if the wage is $20 and would hire 38,000 workers if the wage is $15. Which firm is more likely to be unio..
Communication means the process of becoming like one : Write an essay on the principle that "Communication means the process of becoming like one or as one." Tell what this principle means to you; tell how important is this principle from your experience; and, most important, tell very specifically how..
Using legal reasoning and terminology : Are legalized forms of gambling, such as state-operated lotteries, consistent with a continuing public policy against the enforcement of gambling contracts? Why or why not? Please discuss and support your comments using legal reasoning and terminolog..
What is the equation for national saving : What is the equation for national saving? Calculate the equilibrium interest rate, aggregate level of investment in the economy, and the aggregate level of national saving. Illustrate in a diagram.
Assume a new bank has just opened for business : Assume a new bank has just opened for business. It has deposits of $1,000,000 and a required reserve ratio of 15 percent. How much can this bank lend and why?
Comparative advantage is one of the few ideas : Nobel laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not obvious." Since it's not obvious, we should practice with it a bit. In each of the cases below, who has the absolute advanta..
Determine the best mix of carolina and regular tea : Carolina tea, which costs Coastal $1.80 per pound, has an aroma rating 2; other teas likely to be blended with Carolina tea are only rated at 1.2, but they are available for only $0.60 per pound. Determine the best mix of Carolina and regular tea..

Reviews

Write a Review

Business Economics Questions & Answers

  When the price of wheat rises

When the price of wheat rises, the quantity of when demanded falls, and when price of wheat falls, the quantity of wheat demanded rises. Therefore, the demand for wheat is not a horizontal line.”

  When would it make sense for a factory

When would it make sense for a factory that is losing money to remain in operation

  Energy efficient vs economic efficiency

Builders of a hybrid car declared it would build a car that would get 180 miles per gallon of unleaded gas. They figured it would cost $40,000 each car to build.

  Explain how gdp is measured in your country

Explain how GDP is measured in your country - analyse and explain who would benefit directly and who would lose directly from such restrictions.

  Unemployment insurance benefit

The Employment and Training Administration reported that the U.S. mean unemployment insurance benefit was $238 per week. A researcher in the state of Virginia anticipated that sample data would show evidence that the mean weekly unemployment insuranc..

  The pros and cons of the regional economic integration

Regional economic integration can be seen as an attempt to achieve additional gains from the free flow of trade and investment between countries beyond those attainable under international agreements, such as the WTO. What are the pros and cons of th..

  Assumes the perfectly competitive firm

Assumes the perfectly competitive firm is in long-run equilibrium also there is an rise in Demand

  Vcrs the own-price elasticity of demand

Use this information to predict the annual number of VCRs sold if increasing competition from Asia causes VCR prices to fall by 10% with income and the price of DVDs is unchanged. 4.35 million 5.65 million 5.85 million 4.58 millio..

  Widespread utilize of vending machines in japan

Do vending machines conserve on any possessions other than labor. Does your answer offer any additional insight into the widespread utilize of vending machines in Japan.

  How outcome in that market will not be very different

The outcome in that market will not be very different than if it were a perfectly competitive industry." Explain if he is correct and how you would respond to his reasoning.

  Explain that jenny is consumer in the antique car market

Suppose that Jenny is the only consumer in the antique car market. Her willingness to pay for an antique car is $200,000. Based on Jenny's willingness to pay, plot her demand schedule in the graph below using the blue points (circle symbol). Line ..

  Demonstrate the effects of your proposed policy

what market form did the market for graduation regalia (a gown, hood and mortar board) at ANU most closely resemble before Mr. Liu started his UniGowns business?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd