What is not true about contracts?

a- they are legal agreements

b- they can be either oral or written, in certain cases

c- both parties have to be legally competent to enter into the agreement in the contract

d- a contract can be enforced even if the agreement contains an illegal activity

How do communism and socialism differ in terms of the role that government plays in the economy ?

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service

The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.