Which of the Following Reasons Explains Why Painter Vincent Van

question 47

Multiple Choice

Which of the following reasons explains why painter Vincent van Gogh died penniless,while painter Pablo Picasso left a 740 million USD estate upon his death?

• A) Van Gogh had a wider range of social connections.
• B) Picasso had a wider range of social connections and bridging relationships.
• C) Picasso was a solitary node with few connections.
• D) Van Gogh was a hub who embedded himself in a vast network that stretched across various social lines.

Identify the elements and impact of illegal contracts.

Understand the role of guarantors in contracts and the potential liabilities involved.

Understand the basic requirements for a contract to be considered legal and binding.

Recognize the factors that lead to the classification of contracts as void, voidable, unenforceable, or illegal.

---

Definitions:

Demand

In economics, demand is the quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.

Great Recession

A severe global economic downturn that began in 2007 and lasted until about 2009, marked by significant declines in the housing market, financial failures, and a surge in unemployment rates.

Fiscal Policy

A government's strategy for managing its budget through taxation and spending to influence the economy.

Tax Cuts

Reductions in the amount of taxes imposed by the government.