An agency can end without any action by the principal or the agent through termination by a decision of the law.
Abstract. A sense of agency refers to a sense of control over actions and their consequences. Career choice. Groups entering a social movement. Mate selection (also called affective individualism). Choice of dessert from the menu.
Agency is the sense of control you feel in your life, your ability to influence your own thoughts and behaviors, and confidence in your ability to handle a wide range of tasks and situations. Your sense of agency helps you to be psychologically stable, yet flexible in the face of conflict or change.
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if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? explain.
Revenues are only recorded when cash is received when using the cash basis of accounting.
Date Specific Debit Credit.
31 December Amount Receivable: $59,500
December 31 Fess earned $59,500
No, the adjustment is not recorded as fees collected in cash-based accounting.
We won't ever be noted in the adjustment entry if the relevant entry is a cash entry.
Revenues and expenses are recorded on a cash basis, which means they are paid as they are incurred. Accounts payable and receivable are not taken into account by this procedure.
Because they include all of an entity's operations during the reporting period, accrual basis financial statements are more useful as sources of information than cash-based financial statements: Even though it hasn't yet been paid out in cash, revenue that was made is acknowledged, along with expenses as they are spent.
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The complete question is:
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. Required: A. Journalize the adjusting entry to record the accrued fees on December 31. Refer to the Chart of Accounts for exact wording of account titles. B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
a note receivable due in 18 months is listed on the balance sheet under the caption
A note receivable due in year and a half is recorded on the monetary record under the subtitle "Ventures".
On the balance sheet, where do note receivables go?
If its life is less than one year, the notes receivable account is placed in the current assets section of the balance sheet. A note receivable, in particular, is a written promise to receive money in the future.
What is a balance sheet's notes receivable?
Notes receivable is a monetary record thing that mirrors the worth of the notes that the Organization is to get and for which it is to get installment. Promises to pay another party money by a certain date or earlier are called promissory notes.
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Depreciation is the process of allocating the cost of a plant asset over its useful life in a(n)
a) systematic and rational manner
b) conservative market-based manner
c) equal and equitable manner
d) accelerated and accurate manner
Depreciation is the process of allocating the cost of the plant asset over its useful life in the systematic and the rational manner so the correct option is A.
Depreciation is the method for allocating the cost of tangible asset over its useful life. Businesses depreciate with long-term assets for both the tax and the accounting purposes. For tax purposes, depreciation is an expense that can be used to reduce taxes. For accounting purposes, the depreciation expense reduces the value of the asset on the balance sheet. Assets are depreciated over their useful lives, which is the estimated amount of time that the asset can be used to generate income for the business. Different assets have different useful lives, which can range from a few months to several years. At the end of the useful life, the asset is fully depreciated and no further depreciation is recorded.
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independence inc. is planning to sell 900,000 units for $1.50 per unit. the contribution margin ratio is 20%. with break even at this level of sales, what are the fixed costs?
If independence inc. will break even at this level of sales, the fixed costs will be $270,000.
Break-even point = 900,000 units; Selling price per unit = $1.50 and Contribution margin ratio = 20%. So, Contribution margin per unit = Selling price per unit x Contribution margin ratio = 1.50 x 20% = $0.30. Now, the Break-even point (units) = Fixed cost/Contribution margin per unit, so, 900,000 = Fixed costs/0.30 = $270,000.
The cost of a company expense that remains constant regardless of whether more or fewer goods and services are produced or sold is referred to as a fixed cost. Regular outlays like rent, interest payments, and insurance are examples of fixed costs that aren't directly connected to production.
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rough water, llc and shafer enter into a contract for the delivery of a certain number of river rafts. until the rafts are delivered and paid for, the parties have:
Rough water, llc and shafer enter into a contract for the delivery of a certain number of river rafts. until the rafts are delivered and paid for, the parties have an executory contract.
A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations. A contract usually entails the exchange of products, services, cash, or a promise to exchange any of those things at a later time. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. The foundation of contract law, which is the area of the law of obligations pertaining to contracts, is the idea that agreements must be upheld. Like other aspects of private law, contract law differs from country to jurisdiction. Common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions, which incorporate components of both common and civil law, can be used to categorize the various systems of contract law. Contrary to civil law and the majority of mixed law jurisdictions, which only require a meeting of the minds between the parties, common law jurisdictions frequently require consideration in order for a contract to be legitimate. There are various distinct forms of contract law with their own unique standards within the broad category of civil law nations.
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paying dividends to stockholders reduces taxable income because dividends are an expense. t or f
Answer:
False is the correct answer.
Explanation:
joe and his wife are both retired and they live on social security. when asked about their greatest economic worry both replied inflation. why?
when joe and his wife are both asked about their greatest economic worry both replied inflation because while people of all ages have problems, people over 65 often have a harder time because they are often on fixed incomes, unable to increase their pay overtime or bonuses.
Social Security benefits are paid to the elderly and disabled, and to their spouses, children, and survivors. A person must pay into the Social Security program while they are working and earn 40 credits in order to qualify for benefits. The amount of benefits a person receives depends on their earnings history, the year they were born, and the age when they started applying for Social Security.
A major concern for retirees is how inflation affects their purchasing power. This is true even if inflation remains low as retirees continue to spend even if their income has decreased or stopped. The Center for Retirement Research at Boston College found that retirees tend to eat less when they are not retired, although this depends on their income and health.
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governments throughout history have levied some very interesting taxes. each of the following taxes changed citizens’ behavior. determine whether it’s likely that the tax also addressed a market failure.
a. The Hat Tax: Adopted by the British government, requiring every hat to bear a stamp on the inside showing it was legal. -The tax didn't address the market failure.
b. The "Flatulence Tax": Proposed, but ultimately not adopted, in New Zealand to help reduce methane emissions from livestock.- The tax addressed a market failure.
c. The Window Tax: Levied by English King William III on the number of windows in a house, which tended to be more numerous in wealthier homes.-The tax didn't address the market failure.
d. The Cowardice Tax: Introduced in medieval England and applied to people who refused to defend the country at the request of the king.- The tax did address a market failure.
What is Market failure through tax?Due to the fact that the price of a public good does not rise as its number of users increases, public goods can contribute to market failure. A public good can experience market failures if some consumers continue to use it but do not pay for it, for instance through taxes.
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Complete Question:
Governments throughout history have levied some very interesting taxes. Each of the following taxes changed citizens' behavior. Determine whether it's likely that the tax also addressed a market failure.
a. The Hat Tax: Adopted by the British government, requiring every hat to bear a stamp on the inside showing it was legal.
b. The "Flatulence Tax": Proposed, but ultimately not adopted, in New Zealand to help reduce methane emissions from livestock.
c. The Window Tax: Levied by English King William III on the number of windows in a house, which tended to be more numerous in wealthier homes.
d. The Cowardice Tax: Introduced in medieval England and applied to people who refused to defend the country at the request of the king.
a. to provide a baseline for measuring worker productivity b. to directly control for confounding variables c. to draw conclusions about the productivity of all workers in the plant based on the test groups d. to create similar treatment groups so that a cause-and-effect relationship could be established
The researchers secretly measured the workers' productivity before creating the two treatment groups to create similar treatment groups so that a cause-and-effect relationship could be established, which means option D is the right answer.
It is evident that secretly measuring the productivity of the workers before creating the two separate treatment groups will allow the researchers to create similar groups, such that the members highlight similar productivity levels among them, so that they can more accurately visualize a cause-and-effect relationship between the working conditions and productivity of the workers. The creation of similar groups will thus provide the researchers with the control for any specific variables which may influence the productivity and improves the parameters through any changes in productivity to the specific working conditions being tested and analyzed.
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Complete Question:
The Hawthorne Works was a large Western Electric factory with 45,000 employees. During the 1920s and 193 Works was the site of some well-known industrial studies. In one of the studies, researchers investigated different working conditions on worker productivity. Prior to the start of the study, researchers secretly means productivity for several weeks. Then researchers chose two workers, who then chose their own teams. Th separated from the general workforce and completed their work in different experiment rooms where the res observe them more easily. Over a 5-year period researchers manipulated the structure of the workday for each and duration of breaks and number of hours per shift). For each of these changes in working conditions, they measured the effect on productivity. For some conditions, such as frequent short breaks, workers rebelled b decreasing productivity. Why did the researchers secretly measure the workers' productivity before creating the two treatment groups?
a. to provide a baseline for measuring worker productivity
b. to directly control for confounding variables
c. to draw conclusions about the productivity of all workers in the plant based on the test groups
d. to create similar treatment groups so that a cause-and-effect relationship could be established
a coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $850. the actual yield to maturity on this bond is .
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $850. The actual yield to maturity on this bond is 9.6%.
1. Face value (FV) 1,000
2 Coupon rate 4.00%
3 Number of compounding periods per year
1*2/3 Interest per period (PMT) 40.00
Bond price (PV) $ (785.00)
4 Number of years to maturity = 5
5 = 4*3 Number of compounding periods till maturity (NPER) = 5
Bond yield to maturity RATE(NPER,PMT,PV,FV)
Bond yield to maturity 9.6%
The predicted rate of return from keeping a bond until its eventual maturity is known as yield to maturity. Both capital gains and interest payments are taken into account when calculating yield to maturity. Additionally, there is an inverse relationship between yield to maturity and bound value.
The term "yield to maturity" (YTM) refers to the overall rate of return that is anticipated from a bond once all of its future interest payments have been made and the bond's initial principal has been repaid.
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assume the following sales data for a company: line item description amount current year $1,025,000 preceding year 820,000 what is the percentage increase in sales from the preceding year to the current year? a.75% b.100% c.25% d.125%
25% of the most recently completed fiscal quarter, as well as as much data as is possible on the current and upcoming fiscal years
On financial statements, where can you discover the growth in sales?The financial profit and total costs incurred by a corporation during a sales period are displayed on an income statement. You can find the data you need for the formula—specifically, the current net sales and historical net sales—by looking at the company's income statement.
How are sales increases from prior years calculated?Making YOY Growth Calculations
Subtract the same metric attained a year ago from the growth number for the current month.
The difference should then be divided by the total for the previous year.
Do a 100-fold increase.
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rudy's, a hair coloring product for men, recently had its logo trademarked. when must the trademark registration be renewed?
Men's hair coloring product Rudy's has registered its logo for trademark purposes. After ten years have passed since the trademark's registration date, it must be renewed.
A federal trademark has 10-year renewal periods after its initial 10-year registration period. The registrant is required to submit an affidavit confirming that the mark is still in use between the fifth and sixth years following the registration date.
Trademarks have no specified expiration date, unlike patents and copyrights. As long as the owner uses a trademark, it will continue to exist. The owner of a registered trademark must continue to use it in regular commerce after the United States Patent and Trademark Office (USPTO) awards registration.
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in comparing bonds with notes, bonds are typically issued to a single lender while notes are issued to many lenders. t or f
Term bonds are True Bonds that require full principle repayment at a single maturity date. The vast majority of bonds require full payment at one maturity date.
Which theory best explains why a company could generate more revenue with debt than it would without it?Leverage is a form of investing strategy used to raise the possible return on an investment. It involves using various financial instruments or borrowed funds. Leverage can also refer to how much debt a company utilizes to finance its assets.
What explains the polar opposite relationship between bond prices and interest rates?Interest rates and bond prices are at odds with one another. Bond prices decrease when rates rise. Other than that
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an outstanding check is one that has been issued but not yet reported on a bank statement. t or f
A check that has been issued but has not yet been reflected on the bank's statement is known as an outstanding check. The person authorized to sign checks must sign the signature card provided by the bank.
A memorandum is the source document for a debit card purchase.
What exactly is an unpaid check?
Incomplete Checks a check that has been written but not yet presented for payment to the bank. An unpaid deposit a deposit that has been made and entered into the checkbook, but the bank statement has not yet been produced.
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given the following cash flows: initial investment at time 0: $400,000 net cash inflows: time 1: $20,000; time 2: $70,000; time 3: $110,000; time 4: $200,000; time 5: $400,000. (please note that time 0 is the start of year 1 and time n is the end of year n - for example time 5 is the end of year 5.) what is the payback period?
Over a represents a total, the payback period could occur. This is done in order to repay the initial investment since year three would be the last one with a balance. The investment generates a return equivalent to the initial investment during years four and five.
Cash flows:
The potential returns on some projects lead to significant cash flows, which are then used to finance other investments. Businesses calculate these money flows to determine whether an investment will produce future profits that are positive or negative as well as to determine whether it is profitable to pursue.
In contrast to the method used to achieve an even cash flow, a different formula is utilised to determine the predicted payback period. Let's list our various cash flows to determine when we'll see a return:
Time Cash flow Cumulative cash
0 - 400000 -400000
1 20000 -380000
2 70000 -310000
3 110000 -200000
4 200000 0
5 400000 400000
Three years from now it will mark the beginning of the repayment period. This is because year three is the last year in which there existed a balance that was sufficient to return the initial investment. In year 4, this investment reaches the breakeven threshold, during year 5 it produces a return corresponding to the initial investment.
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g the interest rate on loans made by banks in the market in which they lend and borrow reserves from each other for very short periods of time is known as the:
the interest rate on loans made by banks in the market in which they lend and borrow reserves from each other for very short periods of time is known as the Federal fund rate
What is the federal fund rate?The federal budget charge is the goal hobby charge set with the aid of using the FOMC.This is the charge at which business banks borrow and lend their extra reserves to every different overnight.The FOMC units a goal federal budget charge 8 instances a yr, primarily based totally on winning financial conditions.The federal budget charge can affect short-time period charges on client loans and credit score cards.Investors maintain an eye fixed on the federal budget charge as nicely as it has an effect on the inventory market.. The actual interest rate charged by the lending bank is determined by negotiation between the two banks. The weighted average of interest rates for all trades of this type is called the effective federal funds rate.Although the FOMC cannot impose a specific federal funds rate, the Federal Reserve can adjust the money supply so that interest rates move toward their target rate. By increasing the amount of money in the system it can cause interest rates to fall. Conversely, by decreasing the money supply it can make interest rates rise.Besides the federal funds rate, the Federal Reserve also sets a discount rate, which is the interest rate the Fed charges banks that borrow from it directly. This rate tends to be higher than the target fed funds rate, partly to encourage banks to borrow from other banks at the, lower, federal funds rate.
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a small business estimates price elasticity of demand for the product to be 3. to raise total revenue, owners should
If a small business estimates price elasticity of demand for the product to be 3, hence, to raise total revenue, owners should decrease price as demand is elastic. (Option A)
Price elasticity of demand refers to ratio of the percentage change in quantity demanded of a product to the percentage change in price. It is used by economists to understand how supply and demand change when a product's price changes and vice versa. In other words, a product's price elasticity of demand is a measure of sensitivity of the quantity demanded to its price. Hence, when the price rises, quantity demanded falls for almost any products, however the reduction may be more for some products than for others. As in the given scenario, as the demand is elastic, the owner should decrease price to raise total revenue.
Note: The question is incomplete as it is missing options which are A. decrease price as demand is elastic. B. decrease price as demand is inelastic. C. increase price as demand is elastic. D. increase price as demand is inelastic. E. do nothing; they are already maximizing total revenue.
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Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
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thomas smith, a registered agent of xyz broker-dealer, believed that his client's security was overvalued. if smith exaggerated the amount by which the security was overpriced to protect the client from a downturn in the price of the security, each of the following statements is true except a) smith acted in a dishonest and unethical manner b) smith made an untrue statement in connection with the sale of a security c) smith engaged in fraud in connection with the sale of a security d) smith provided investment advice while acting in a sales capacity, which is a prohibited practice
A broker-dealer (B-D) is a character or company in the business of shopping for and selling securities for its own account or on behalf of its customers. The time period broker-dealer is used in U.S. securities legislation parlance to describe stock brokerages because most of them act as each sellers and principals.
What Are Examples of Brokers-Dealers?Some of the most frequent broker-dealers are Charles-Schwab, E-Trade, and TD Ameritrade. Some of these, like Charles-Schwab, are full-scale monetary services firms, whilst E-Trade and TD Ameritrade are particularly online brokerage firms.
What's the difference between a broker and dealer?Technically, a dealer is in the enterprise of buying and selling securities on behalf of its clients, and a dealer buys and sells securities for its very own account. A broker-dealer does both. Broker-dealers might also enchantment to traders who desire to be greater proactive in managing their own portfolios.
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https://brainly.com/question/30034770#SPJ47.which term describes sampling performed on goods that already exists to determine what percentage of products conform to specifications
The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is acceptance sampling. Hence, the correct option is (A).
What is Acceptance Sampling?Acceptance sampling is one of the activities carried out in manufacturing companies and aims to carry out quality control. This acceptance sampling uses statistical measurements and the results of this acceptance sampling will determine what percentage of products conform to specifications. Acceptance sampling itself is carried out by companies to save costs because a company cannot possibly test the quality of each product one by one.
The question is incomplete, but most probably your question was:
The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is
A. Acceptance sampling
B. Statistic sampling
C. Continuous sampling
Hence, the correct option is (A).
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when production workers from more than one country create together and distribute the product in both countries, this is called
One country create together and distribute the product in both countries, this is called Country sells and Exports are goods and services that are produced in one country and made available to buyers in another.
International trade is made up of both imports and exports.nation sells Exports are a major component of modern economies because they allow individuals and companies access to a wide range of new markets. One of the primary objectives of diplomacy and international relations between nations is to promote economic.
Trade by increasing exports and imports for the benefit of all trading parties.nation sells Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process. Natural resources and energy are regularly exported between countries, as are raw materials like food or textiles and finished consumer items like electronics.
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if insufficient (not enough) raw materials are available to fill a production order, what process is started?
'If insufficient (not enough) raw materials are available to fill a production order, procurement process.
Procurement is a method of reviewing and agreeing to terms and purchasing goods, services, or other work from an external source, often using a tender or bidding process. When a government agency purchases goods or services through this practice, it is known as government procurement.
The procurement process includes the creation and processing of inquiries, as well as receipt of final payment and release of payment. At a high level, this includes purchasing planning, criteria, setup specifications, supplier research, selection, financing, price negotiations, and inventory management.
Procurement (or purchase) is the process by which an organization procures products or services from external parties (market supply) to facilitate production and business operations. Procurement practices can be divided into two parts: direct spending and indirect spending.
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if no one can live without groceries, then why do they cost less than big-screen tvs that no one really needs?
Answer:
Although the demand is higher for groceries than for TV's, supply is much greater for groceries. (Price is a function of both supply and demand.
at rwi distilleries, rules and procedures are used only when necessary. instead, shared goals and values guide employee behavior. rwi uses what type of organizational control?
rwi uses what type of organizational control is called autocratic supervision.
What is Autocratic supervision?Autocratic management is a control fashion in which one individual controls all of the choices and takes little or no input from different institution participants. Autocratic leaders make alternatives or choices primarily based totally on their personal ideals and do now no longer contain others for or their idea or advice.It is a shape of control fashion wherein one chief or member of the corporation takes choices on behalf of the company. This sort of management fashion is visible by and large in organizations that might be highly small with fewer personnel.This sort of management fashion is simplest powerful in corporations in which the character of labor calls for short selection-making. The sole duty of the selection and the final results is the chief. It is taken into consideration to be a bendy management fashion however a few might argue that it's miles previous now.However, there are sure traits of autocratic management such as - no inputs from different institution participants being taken, institution chief(s) dictating all of the obligations or distributing obligations amongst different personnel, and no praise or popularity is given to personnel to enhance morale.Some professionals argue that this sort of management fashion may be detrimental instead of profitable ultimately because it resembles that of a dictator. It ends in low worker morale, which in flip may also cause attrition in lots of cases.However, there are a few blessings of autocratic management as well. It ends in short selection-making, manipulation of the techniques and the operations of a company, etc.Autocratic management might be useful in conditions in which an enterprise faces steady extrude or a crisis. It might be capable of reacting to the state of affairs right away in comparison to different management styles, due to streamlined organizational shape and short selection-making ability.
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question mode multiple choice question which region has been active in restricting construction permits for supermarkets?
a) Europe is the region that has been active in restricting construction permits for supermarkets.
In Europe, people and the government have become aware of the fact that many forests are being cut down for better facilities for humans.
Supermarkets are constructed at many sites so that people do not have to move far away from home in search of a market. Europe has now realized that facilities such as supermarkets are not as important as stopping the cutting down of trees and forests.
Hence, Europe is the region that has been actively involved in restricting construction permits for supermarkets.
Although a part of your question is missing, you might be referring to this question:
Which region has been active in restricting construction permits for supermarkets?
a) Europe
b) Asia
c) Africa
d) none of the above
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jan's company is reviewing how various media reach customers in finland. which element of the marketing mix is the company concerned with?
Jan's business is analyzing how various media outlets reach Finnish customers. This component of the marketing mix is connected to product characteristics, distribution strategy, communication strategy, and price strategy.
The marketing strategies that a company will use to sell its products or services are called the elements of a marketing mix. The following five factors should be taken into account: product, pricing, venue, promotion, and people. Find out more about how these components might improve the success of a company's marketing efforts.
The marketing mix makes it simpler to comprehend the possible advantages your product or service could have for customers. helps develop a successful product offering. helps in the creation, organization, and implementation of effective marketing activities. helps businesses use their advantages and cut unnecessary costs.
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what video ad formats are optimized to drive action among potential customers in decision-making moments, making it easier for them to take meaningful actions that you can measure?
Skippable in-stream ads and in-feed video ads formats are optimized to drive action among potential customers making it easier for them to take meaningful actions that you can measure.
Although "video advertising" is typically understood to be advertising that occurs before, during, or after an online video stream, it also includes online display advertisements that integrate video.
Part of the marketing strategy known as video advertising involves creating and airing a brief, instructional film promoting a product before, during, or after the main video.
Online video (OLV) advertising is a potent ad format that is usually used for extensive brand awareness campaigns, but it is also beginning to be seen as a performance solution due to the use of new features and technologies.
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what is the name for meeting the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs?
The goal of sustainable marketing is to satisfy the requirements of businesses and consumers today while conserving or improving the ability of future generations to satisfy their own needs.
According to the theory of sustainable marketing, a company's marketing efforts should enhance the marketing system's long-term effectiveness.
The capacity of a company to prosper over time in a way that safeguards and refills resources is known in business as sustainability. In order to develop sustainable business strategies, it is necessary to bring together individuals from various departments within an organization. These cross-functional teams can offer many perspectives on an organization's possibilities, strengths, and weaknesses for a whole-system perspective on sustainability results.
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a profit-maximizing firm in a competitive market is currently producing and selling 1000 units of output. it has an average revenue of $13, and an average cost of $8. what is its marginal revenue?
The marginal revenue of the company in a competitive market is $5.
What is marginal revenue?The increase in total revenue that results from increasing product sales by one unit is referred to as marginal revenue, a key concept in microeconomics. The total benefits a company gained from the quantity of a good or service produced during the prior period and the present period with an additional unit increase in the rate of production must be compared in order to determine the value of marginal revenue. In the context of a firm, marginal revenue is a key instrument for economic decision-making, with marginal cost also taken into account. The amount a company can charge a customer is equivalent to the additional revenue from selling one more unit of a good in a market with perfect competition.
Marginal revenue=$13-$8=$5
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Katu perceive that Gloria only pay attention to the wealthiet cutomer who he expect to leave large tip. Katu remind Gloria that they are uppoed to rotate baed on when cutomer enter the retaurant. Thi i an example of a conflict
As Katu is perceiving that Gloria only pays attention to the wealthier customer hence is this is an example of a discrimination conflict.
In the field of social sciences, a discrimination conflict can be described as such a conflict in which difference are being made on the basis of wealth, gender, ethnicity, religion etc.
In the case mentioned in the question, Katu chooses to pay attention to the wealthier constumers and leaves to other behind. Hence, in such a case she is making a discrimination conflict.
In order to not make a discrimination conflict, Katu needs to treat all the customers equally.
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