Lizzie works for Gary in his dance supply shop and is authorized to sell inventory but not to order new merchandise. Rena, a sales representative for a new line of dance wear, comes into the store and Lizzie places an order with her. When Gary learns the details of Lizzie’s purchase he wants to ratify the contract. The one condition that is NOT necessary for ratification is:

a. Gary must affirm Lizzie’s order in its entirety.
b. Rena and Gary must have legal capacity to engage in the transaction.
c. Gary must know all the material facts about the transaction.
d. Rena must withdraw from the transaction before Gary ratifies it.

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.