Scenario: Jane, age 16, buys a motorbike from Carl’s Cycle Shop for $400 in January 2015. She used it for a month and then signed a paper in February stating that she ratified the contract with Carl. Jane continues to use the bike for three more months before taking it back to Carl’s Cycle Shop in May claiming it was too slow and she just did not like riding anymore. Jane demanded the return of her $400, even though she had worn down the tires and tore the seat. According to the majority view, explain whether Jane can get her money back from Carl without accounting for the wear and tear on the motorbike? According to the modern view, explain what is likely to happen? Question Prompt: Within your answer, identify the rules of law associated with (a) a minor’s ability to enter into a contract, (b) a minor’s ability to disaffirm a contract, and (c) a minor’s obligations upon disaffirmance.

What is the opportunity cost in this scenario? harry has been very busy at work for the past two weeks. he has been working weekends too. finally, he is going to get a weekend off. originally, he planned to paint his apartment that weekend. he also considered going fishing for the weekend. but then his parents called and asked him to come for dinner because it has been a while since they have seen each other. later on, his friend theo informed him about a surprise birthday party for another friend. theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between theo, harry, and three other friends. now harry is confused about what he should do over the weekend. he decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. in the end, harry decides to see his parents.

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.