NEED TO ANSWER TRUE OR FALSE. 1.ELMO SAYS TO A TOURIST, ''YOU'RE GOING TO GIVE ME 100$ FOR A PICTURE OR I WILLBEAT YOU WITH OSCAR'S TRASH CAN,'' AND THE TOURIST GIVES THE MONEY. THIS IS A VALID CONTRACT. 2.A CHECK IS AN EXAMPLE OF A FORMAL CONTRACT. 3.I SAY TO YOU, ''IF YOU PROMISE to give me 5$ i promise to sell you my book.'' You accept. This is a biliteral contract. 4. All contracts are agreements, but not all agreements are contracts. 5. You offer to sell your phone to me for 500$. I say i will think about it. This is a vakid contract. 6.Each party to a contract gains rights and incurs obligations. 7.If someone says, ''if you give me a big smile i will give you 10$.'' Upon hearing this you smile. This is a valid contract. 8. If u enter into a formal contract you must wear a tuxedo. 9.The four elements of a valid contract are:offer,acceptance,consideration and legal competence/capacity. 10.Y say to your 18 year old cousin from Brooklyn, ''if u promise not to smoke weed for one year i will give u 50$''. 1 year later your cousin hasnt smoked. Your cousin is entitled to the 50$. 11.One should always put contracts in writing since then they can have proof of the contract if needs. 12.If a prepaidpizza arrives at your door that you know you didnt order, you get free pizza. 13.All contract must be in writing. 14.An oral contracy sell a house is voidable. 15.Joe says to Bob, ''if u promise to give me 10$, i won't beat you uo!'' This is a valid contract. 16.A contract with same or all things left to do is executory. 17.It is possible to enter into a contract without saying a word. 18.You say to your 21 year old cousin from Brooklyn, ''if you promise not to drink alcohol for one year i will give you 50$. 1 year later your cousin hasnt drunk. Your cousin is entitled to the 50$. 19.Expecting to watch the NBA finals, Joe buys a stolen 70 inch tv. With no sports to watch, Joe tries to return the tv, and the seller laughs. If joe sues he will win the case.
Functions of the Federal Reserve System
The Federal Reserve System looks after the financial activities and operations of the banking system. It is the apex body that has complete control over the banking regulations. All the guidelines regarding the banking system, money supply, and formulation of the monetary policy come under the purview of the Federal Reserve System. The New York Fed also helps in drafting the monetary policy and supervising the financial system.
Elastic and Inelastic Markets
Measuring the change in percentage of an economic variable with respect to change in a different economic variable is known as elasticity. This change in percentage results in a change in price concerning changes in other factors. In simple terms, when one factor brings a change to another factor, it is called elasticity.
I NEED TO ANSWER TRUE OR FALSE.
1.ELMO SAYS TO A TOURIST, ''YOU'RE GOING TO GIVE ME 100$ FOR A PICTURE OR I WILLBEAT YOU WITH OSCAR'S TRASH CAN,'' AND THE TOURIST GIVES THE MONEY. THIS IS A VALID CONTRACT.
2.A CHECK IS AN EXAMPLE OF A FORMAL CONTRACT.
3.I SAY TO YOU, ''IF YOU PROMISE to give me 5$ i promise to sell you my book.'' You accept. This is a biliteral contract.
4. All contracts are agreements, but not all agreements are contracts.
5. You offer to sell your phone to me for 500$. I say i will think about it. This is a vakid contract.
6.Each party to a contract gains rights and incurs obligations.
7.If someone says, ''if you give me a big smile i will give you 10$.'' Upon hearing this you smile. This is a valid contract.
8. If u enter into a formal contract you must wear a tuxedo.
9.The four elements of a valid contract are:offer,acceptance,consideration and legal competence/capacity.
10.Y say to your 18 year old cousin from Brooklyn, ''if u promise not to smoke weed for one year i will give u 50$''. 1 year later your cousin hasnt smoked. Your cousin is entitled to the 50$.
11.One should always put contracts in writing since then they can have proof of the contract if needs.
12.If a prepaidpizza arrives at your door that you know you didnt order, you get free pizza.
13.All contract must be in writing.
14.An oral contracy sell a house is voidable.
15.Joe says to Bob, ''if u promise to give me 10$, i won't beat you uo!'' This is a valid contract.
16.A contract with same or all things left to do is executory.
17.It is possible to enter into a contract without saying a word.
18.You say to your 21 year old cousin from Brooklyn, ''if you promise not to drink alcohol for one year i will give you 50$. 1 year later your cousin hasnt drunk. Your cousin is entitled to the 50$.
19.Expecting to watch the NBA finals, Joe buys a stolen 70 inch tv. With no sports to watch, Joe tries to return the tv, and the seller laughs. If joe sues he will win the case.
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