what is the voluntary trade?
Answer:
it's when the act of buyers and sellers freely and willingly exchanging in Market transactions
Explanation:
!
21. All bills start in a committee, but the ideas for them can begin elsewhere. Ideas for laws can
start in all of these places EXCEPT: *
NEEDED FOR A TEST ASAP
a.With the president
b.With foreign leaders
c.With regular US citizens
d.With members of Congress
Answer:
C. :)
Explanation:
Answer:
b. With foreign leaders
Explanation:
Ideas for laws that CAN start in all of these places:
c. With regular US citizens ⇒ You and I can come up with ideas for laws. In fact, most of the ideas for laws come from just regular US citizens.
d. With members of Congress ⇒ Within Congress, representatives can come up with ideas for laws to help benefit the country. Members of the House of Representatives and the Senate can both do that.
a. With the president ⇒ The president comes up with laws because he’s the one responsible for our country. So the president does still come up with ideas for laws to help with our country. But it’s not like the president gets to come up with anything he wants to and he can just sign the bill and it becomes a law. Every idea for a law always goes to Congress where the members decide if it’s good or not, including the president’s ideas.
Ideas for laws that CANNOT start in this place (the correct answer):
b. With foreign leaders ⇒ Foreign leaders are leaders that are outside of our country. That’s what foreign means: overseas, distant, away, etc. Foreign leaders can’t come with ideas for laws because there not even in/part of our country.
In case you still don’t understand:
Example: Let’s say there is a King in England (there isn’t a king in England but this is just an example). Now, does the King of England get to come up with ideas for laws for our country? Absolutly not! He’s totally from a different country, and he doesn’t have the right to be in America’s business in making laws. He deals with his own country, not ours.
Hence,
Ideas for laws can start in all of these places EXCEPT:
b. With foreign leaders
Hope this helps! :D
Mark was a new salesperson in an electronics store. He sold a TV to a customer and accidentally gave a 35% discount. His manager told him to be careful next time, but did not contact the customer to correct the sale. Then next day, a friend of the original customer came in and wanted to buy the same TV with the same 35% discount.
Should the second customer be allowed to receive the same discount?
Answer: Yes
Explanation:
The second customer should be allowed the same discount due to the precedent set by the introduction of an agency by ratification.
An Agency by ratification refers to when a principal ratifies the actions of an agent that acted without permission. The principal would then become bound to the action that was performed.
Mark was the agent and when the manager(principal) did not contact the customer to correct the sale, the manager ratified the actions of Mark and so is bound to the discount which means it should be extended to the customer's friend as well.