A plaintiff was injured while touring a clothing factory. on the date of the accident, a factory employee, who had witnessed the accident, wrote down the name of the plaintiff, the exact circumstances of the accident, and the time and date. Although the factory did not have a policy of keeping accident reports, the factory employee thought that doing so might be useful in case the plaintiff decided to file a lawsuit. Soon after the accident, the plaintiff brought an action against the factory owner for negligence. At trial, the factory owner called the factory employee to testify as to the accident. Although he testified that the written report accurately reflected his knowledge when it was made, the factory employee was unable to sufficiently recall the accident, even after reviewing the report. The factory owner then sought to read the written report into evidence. Required:
May the factory owner do so?

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know