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Aaron and John, nine-year-old pupils, travel about two kilometers to school on bicycle. Aaron's bicycle has broken down and he has consequently missed several classes. John has two bicycles and he is willing to sell one to Aaron. John and Mr Smith, Aaron's Father, agree that John will sell one of his bicycles to Aaron and that Aaron will give R500 to him in full exchange.
Discuss whether the above scenario complies with all the requirements for the formation of a valid contract?
Explain the following statement: ‘The Common Law system is much more adaptable to social progress than the Civil Law system'.
Discuss factors that could possibly influence the growth rate of your city and state. Do you live in a city or state that is experiencing growth? Is it possible that you live in a city or state where the population is on the decline or hasn't changed..
Elucidate the price elasticity of supply for your chosen industry.
What are the characteristics of public goods? Give example and state one reason of such goods.
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q=180-10P, where P is in dollars.
Create a supply and demand graph and identify areas of customer’s surplus and producer surplus. Given the demand curve, determine what impact will an risee in supply have on amount of customer surplus shown in your diagram?
ECONOMIC ANALYSIS About India: Developments in Science and Technology
assume that a leader country has real gdp per capita of 40000 whereas a follower country has real gdp per capita of
What roles do physical capital, human capital, technology, and natural resources play in influencing long run economic growth of aggregate output per capita?
Discuss the political values central to "liberal democracy." In your judgment, which elements stand out as most important? Why? Has the constitutional principle of limited government been lost? Why or why not?
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
ABC Technologies, Corporation, enjoys an exclusive patent on process to atomize gasoline in platinum in combustion engines, producing substantial gains in miles a gallon
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