Q.1 Define Inflation? Ans. Inflation is a condition‚ when cost of services coupled with goods rise and the entire economy seems to go haywire. Inflation has never done good to the economy. Inflation and economic growth are parallel lines and can never meet. Inflation reduces the value of money and makes it difficult for the common people. Causes of Inflation 1. Demand Pull Inflation If the economy is at or close to full employment then an increase in AD leads to an increase in the price level
Premium Inflation
Q1. Understanding the concept of contract is the important thing in answering this question.” A contract may be defined as an agreement between two or more parties that is intended to be legally binding”. This answer will highlight the main points to see the differences between an offer and an invitation to treat.” An offer may be defined as a statement of willingness to contract on specified terms made with the intention that‚ if accepted there will arise a binding contract”. On the
Premium Contract Invitation to treat Offer and acceptance
Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties‚ the offer is made by the offeror and the oferee accept that offer. In 21st century‚ there are rapid changes in business trend which create lots of new business model such as e-business and global business. The more business participates‚ the more requirements of Offer and Acceptance Rules to adapt to
Premium Contract Offer and acceptance Invitation to treat
Offer and Acceptance Offer and acceptance are elements required for the formation of a legally binding contract‚ the expression of an offer to contract on certain terms by one person (the "offeror") to another person (the "offeree")‚ and an indication by the offeree of its acceptance of those terms. The other elements traditionally required for a legally binding contract are (i) consideration and (ii) an intention to create legal relations. Offer and acceptance analysis is a traditional approach
Premium Offer and acceptance Contract
Acceptance through Detachment Imagine getting horrible news that can change one’s life and change it forever but acceptance through detachment will make you see the news in a different light. Tuesday with Morrie is a memoir written by Mitch Albom. Acceptance through detachment is being able to accept the situation because of being able to detach from the horrible news. Being able to detach is something Morrie did quite often because it helped him accept what was going on in his life. To be happy
Premium 2008 singles Tuesdays with Morrie 2002 albums
Client Acceptance 1 C a s es inc lu de d in t his Se ction 1.1 Ocean Manufacturing‚ Inc. The New Client Acceptance Decision Instructor Resource Manual — Do Not Copy or Redistribute . . . . . . . . . . . . . . . . . . . . . . 3 Instructor Resource Manual — Do Not Copy or Redistribute Ocean Manufacturing‚ Inc. C a s e 1.1 The New Client Acceptance Decision Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt
Premium Audit Financial audit Auditing
The Acceptance of the Wiccan Religion By: Angela Heitman There are many different religions in the world‚ as well as many different variations of each of them. Many religions are readily accepted‚ such as Christianity. There are other religions that have a harder time being accepted. The Wiccan religion is one of the latter. Over the years those who practiced the Wiccan religion‚ or witchcraft as it was known in the beginning‚ have been persecuted and killed for their beliefs. Only in
Premium
How does a clinician’s acceptance of a certain theory of phonological development affect their assessment and treatment decisions? When working with a client with a phonological disorder‚ it is important to keep in mind what errors are age appropriate and what errors are abnormal. There are several models of phonological development (e.g.‚ natural phonology‚ generative phonology‚ and self-organizing) that a clinician may operate under. If a clinician accepts a specific theory of phonological development
Premium Psychology Developmental psychology Linguistics
"constitutional liberty" (Francome 20). Legally‚ Jennifer can receive an abortion. Socially‚ however‚ she will endure many more obstacles. Fighting for society’s acceptance In today’s American society‚ viewpoints on certain topics often conflict with what individuals believe is right. This is very evident in the argument for acceptance of abortions among college students. However‚ with the rise of the anti-abortion movement this procedure has become less accepted and harder to obtain. Should
Free Pregnancy Abortion
Social Acceptance is what we all secretly aspire. The term “social acceptance” though rarely defined‚ refers to the ability to accept or tolerate differences and diversity in others. “Being happy” is a feeling experienced as a result of being delighted or pleased about a particular thing. The lack of social acceptance gives life to racism‚ sexism‚ homophobism and prejudice. The desire to be socially accepted or part of a group in an effort to feel accepted‚ safe or protected within a cooperative
Premium Happiness Psychology Positive psychology