The present value of the annuity under each interest rate then examine the difference is 50000.
What is interest rate?
The amount a lender charges a lender is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, (APR). A savings account as well as certificate of deposit earnings at a bank as well as credit union may also be subject to an interest rate (CD). The interest received on these deposit accounts is measured in annual percentage yields (APY). The amount a lender charges a lender is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount. Typically, a loan's interest rate is expressed as an annual percentage rate, or (APR).
Present value of loan=PV(12%/12,12*30,514.3)=50000
PV(12.42%/12.12*30,514.3)=48470
Discount=50000-48470=1530
So discount points=1530/50000=3.06%
To learn more about interest rate
https://brainly.com/question/25816355
#SPJ4
The action of working or acting together for a common purpose or benefit is
A.) Analytical Thinking
B.) Cooperation
C.) Integrity
D.) Dependability
The action of working or acting together for a common purpose or benefit is called cooperation.
What is working together?Working together is described as the means of forming a collaboration through which a shared goal or a common goal is achieved.
Acting or working together so that a common benefit or a common purpose can be fulfilled is highlighted as cooperation. Cooperation allows people working in a team to work cooperatively because all the people work actively so that a shared goal can be achieved. This benefits collectively all the people cooperating.
It can be concluded that the action of working or acting together for a common purpose or benefit is called cooperation.
To know more about cooperation, check this link:
https://brainly.in/question/15412202
#SPJ13
what is the change in total cost equal to? marginal cost multiplied by quantity marginal cost multiplied by change in quantity marginal cost multiplied by total cost marginal cost divided by total cost
Because marginal cost is the change in total cost/change in quantity, the change in total cost is equal to marginal cost *change in quantity for the specific unit of output.
What is marginal cost?
The marginal cost in economics is the change in the total production cost that results from making or generating one additional unit. Divide the change in production costs by the change in quantity to calculate marginal cost. The goal of marginal cost analysis is to determine when an organisation can achieve scale savings in order to optimise production and overall operations. If the marginal cost of producing one additional unit is less than the per-unit price, the producer may profit. The expenses required to produce one additional good are used to calculate marginal cost. As a result, it can be evaluated by changes in the expenses incurred for each additional unit.
Therefore, the correct option is (B) Marginal cost multiplied by change in quantity.
To learn more about marginal cost
https://brainly.com/question/12231343
#SPJ4
true or false: technical forecasting of exchange rates has shown to be more consistent and reliable than the other primary forecasting methods. true false
It is completely appropriate to mention that the technical forecasting of exchange rates has shown to be more consistent and reliable than the other primary forecasting methods. Therefore, the statement given above is true.
What is the significance of exchange rates?The exchange rates can be referred to or considered as rates at which the currencies of two different countries can be easily traded off with each other with the differences that they have in their individual values.
A change in exchange rates is forecasted using different methods, however, technical method has proven its accuracy as it fundamentals of the exchange rates into consideration.
Therefore, the statement given above regarding the significance of the technical forecasting of exchange rates holds true.
Learn more about exchange rates here:
https://brainly.com/question/12419161
#SPJ1
Darren is purchasing a car that costs $10,000. he is taking out a simple interest loan at an annual rate of 3%. if he makes monthly payments over a period of 6 years, how much is his monthly payment?
Based on the cost of the car to Darren and the simple interest loan rate, the monthly payments over the 6 years will be $163.89
How to find the monthly payments?To find the monthly payments, you first need to find the total amount that Darren will pay back in 6 years.
This total loan repayment for the car is:
= 10,000 + ( 3% x 10,000 x 6 years)
= 10,000 + 1,800
= $11,800
The total monthly payments to Darren are:
= Total loan repayment / Number of months
= 11,800 / (6 x 12 months a year)
= 11,800 / 72
= $163.89
Find out more on monthly payments at https://brainly.com/question/25599836
#SPJ1
when designing a supply chain that meets customer requirements and aligns with strategy, what are the two goals that firms try to achieve? multiple select question. to be more efficient to be less connected to be more responsive to be more personalized
Designing a supply chain that meets customer requirements and aligns with strategy to be more effective to be more responsive.
What is supply chain?
A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer. The importance of supply chain management can be seen in the reduced costs and improved productivity that come from an optimised supply chain. Companies work to enhance their supply chains in order to lower costs and maintain competitiveness. Each step taken to deliver a finished good or service to the customer is considered to be part of the supply chain. The process may involve obtaining raw materials, transferring them to the production stage, and then transporting the finished goods to a distribution facility or a retail location where the consumer may pick them up.
To learn more about supply chain
https://brainly.com/question/25160870
#SPJ4
when a promissory note is used to replace an outstanding accounts receivable balance, the entry to record this transaction requires a:
When a promissory note is used to replace an outstanding accounts receivable balance, the entry to record this transaction requires a debit to note receivable and a credit to accounts receivable.
By debiting the account that receives value, typically the cash account, and crediting the notes payable account, the promissory note journal entry is made.
In the adjusting entry, interest revenue is credited and interest receivable is debited. While unpaid interest is typically added to the principle to determine interest in following years, interest on long-term notes is computed using the same formula as interest on short-term notes.
An IOU, a loan contract, or just a note, are other names for promissory notes. It is a formal loan agreement that states the borrower pledges to pay back the lender a specific sum of money within a specific amount of time. This type of agreement provides a legal obligation to repay the debt and is enforceable in court.
To know more about adjusting entry refer to the given link:
https://brainly.com/question/28903353?referrer=searchResults
#SPJ4
the presence of intermediaries suggests which type of marketing channel? multiple choice question. business indirect consumer direct
The existence of intermediaries points to an indirect marketing channel.
Overview of Direct vs. Indirect Distribution Channels
A distribution channel is a network of companies or middlemen that goods and services travel through before they are delivered to the final customer, including producers, warehouses, shipping hubs, retailers, and the internet. There are direct and indirect types of channels.
The consumer can purchase and receive products directly from the manufacturer through a direct distribution channel. An indirect route transports goods from the maker to the consumer by way of a number of middlemen.
For a firm, each distribution method has benefits and drawbacks. The choice that is preferable must be made by those involved in corporate governance and management.
Learn more about distribution channel here:
https://brainly.com/question/15101442
#SPJ4
__________ is (are) likely to be the easiest training outcome to measure.
The reaction is most likely the easiest training outcome to measure.
Reaction is one of the four levels of the training evaluation model which measures if learners find the training valuable, favorable, engaging, and relevant to their job. Reactions are most commonly measured by a survey (based on questions) that is conducted after the training session. The trainees/learners are required to rate their training experience on paper against the given survey questions. Sometimes reactions are measured by asking for verbal feedback or observing the trainees' body language during the training.
That is why, the reactions are likley to be the easiest training outcome to measure. The reactions help to make improvements in future training programs by identifying the problems encountered by the learners during the current training program.
You can learn more about training evaluation at
https://brainly.com/question/14214247
#SPJ4
What is an input to process selection and capacity planning?
Input process selection is selecting the way of producing goods and services. Capacity planning is the way of determining the production capacity.
For production of goods in an organization there are various steps to be carried out. Also, there should be a keep on the process whether the production is carried out smoothly or not. Input process selection is the beginning step in which we determine the way of production of goods. This process helps to determine the method of converting inputs to outputs. Another step is Capacity planning. In this step we determine how much amount of goods are to be produced in an efficient manner. It also helps to determine the time in which the allotted work should be completed. These both steps are very crucial in the production of goods in an organization.
Learn more about Capacity planning at:
brainly.com/question/16607347
#SPJ4
between 1790 and 1850, the "market revolution" brought great innovation, progress, and wealth to the nation. however, not all the transformations that emerged were a positive. some of the negative consequences of the "market revolution" included:
The market revolution sparked explosive economic growth and new personal wealth, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.
What is market revolution?The market revolution sparked explosive economic growth and new personal wealth, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.HENCE,Many Americans labored for poor wages and were forced into never-ending cycles of poverty as a result of the market revolution, which also led to a growing lower class of property-less laborers and a series of terrible depressions known as "panics."
KNOW MORE ABOUT MARKET REVOLUTION CLICK HERE:
https://brainly.com/question/15908637
#SPJ4
Which of the following helped Airbnb develop a successful business in the peer-to-peer rental space?
a. presenting a well-designed website
b. fortuitous timing that led to growing demand
c. developing a smooth transaction between hosts and guests
C. Creating a seamless transaction between hosts and guests contributed to Airbnb's development as a successful peer-to-peer rental company.
USENET was created in 1979, before P2P technology. Users were able to read and submit messages thanks to the network.
A distributed application architecture known as peer-to-peer (P2P) computing or networking divides jobs or workloads across peers. Peers are equally qualified and capable members of the network. They are referred to as the nodes in a peer-to-peer network.
Clients give and use resources in P2P networks. In contrast to client-server systems, peer-to-peer networks have the capacity to serve more content when more people start to access it.
Learn more about peer-to-peer (P2P) here:
https://brainly.com/question/1932654
#SPJ4
discuss the implications of interest rate parity for exchange rate determination
The implications of interest rate parity for exchange rate determination is mentioned below.
The basic formula governing the correlation between interest rates and currency exchange rates is known as interest rate parity (IRP). Interest rate parity's fundamental tenet is that hedged returns from investments in several currencies should be the same, regardless of how high or low those currencies' interest rates are.
An economy with higher interest rates provides lenders with a larger return compared to other nations. As a result, higher interest rates draw in foreign investment and drive up the value of the currency.
A theory based on interest rates called interest rate parity (IRP) describes the link between the current spot exchange rate and the anticipated spot rate or forward exchange rate of two currencies.
to learn about interest rate from the link.
https://brainly.com/question/25793394
#SPJ4
true or false: accounting rules allow companies to choose, from a variety of methods, the inventory method that best fits their business environment. true false question. true false
Accounting rules allow companies to choose, from a variety of methods, the inventory method that best fits their business environment.
The statement is True.
What are inventory methods in accounting?Three techniques are available for valuing inventory: FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost). According to FIFO, you presume that the first products purchased will also be the first to depart the warehouse.
Learning about the specific identification inventory valuation method. When valuing more expensive objects like furniture or vehicles, specific identifying inventories are frequently employed. It is also employed when the things being stored have wildly dissimilar features and prices.
When a product's price is stable and a corporation sells its oldest products first, FIFO is most successful. This is due to the fact that FIFO bases its calculations on the price of the first item purchased, disregarding price rises or decreases for more recent products.
To learn more about inventory methods visit:
https://brainly.com/question/14923857
#SPJ13
Sam, who works for an advertising firm in new york, lives a few blocks away from his office and walks to work. Every day, on his way to the office, he picks up a copy of the new york times from a vendor and his regular decaf from the coffee shop just outside his office. Sam’s copy of the new york times and his decaf coffee are examples of _____.
'Sam, who works for an advertising firm in new york, lives a few blocks away from his office and walks to work. Sam’s copy of the new york times and his decaf coffee are examples of convenience products.
Convenience products are what consumers buy most often. They are bought quickly and don't have much comparison with other options. Convenience products are as inexpensive as other products and tend to be located where consumers can easily purchase them.
Convenience goods are items that customers purchase frequently, quickly, and with minimal effort. Soap and newspaper are considered essentials, as are common staples such as ketchup and pasta.
Consumables are items that are regularly consumed and readily available. These are often consumable, low-cost items sold by wholesalers and retailers. Examples of convenience goods are milk and tobacco products.
Learn more about Convenience products https://brainly.com/question/15104975
#SPJ1
Which of the following statements correctly define(s) a profit margin?
a. Profit margin is the ratio of a business's net income to its net sales.
b. Profit margin is the ratio of a business's net income to its accounts receivables.
c. Profit margin is a useful measure of a business's operating results.
d. Profit margin is also called return on sales.
e. Profit margin is the amount of revenue received on a sale
Profit margin is a valuable indicator of an organization's operating performance if it is defined appropriately. Profit margin is the ratio of an organization's net income to its net sales.
The ratio of profit to sales is represented by profit margin. It is determined by dividing the Net Profit by the Net Sales for the relevant Time Period. It is net sales a helpful indicator of how well a business is performing, and it is also Profit margin known as return on sales.
One of the frequently employed profitability statistics to determine how profitable a firm or a particular business activity is is profit margin. It shows net sales what portion of sales resulted in earnings. Simply put, the percentage value shows how much profit the company made for each dollar of sales—in Profit margin cents. For instance, if a company announces that it had a 35% profit margin during the most recent quarter, it earned a profit.
Learn more about Profit margin here
https://brainly.com/question/28212891
#SPJ4
the threshold amount for the deductibility of allowable medical expenses in 2021 is: group of answer choices
Only the portion of your total medical expenses that exceed 7.5% of your adjusted gross income may be written off. You determine the deduction amount on Schedule A(Form 1040).
What is Form 1040?For the filing of individual federal income tax returns by U.S. residents, the IRS utilizes Form 1040, also referred as the "U.S. Individual Income Tax Return." The government must pay the taxpayer's whole taxable income or refund it in accordance with the amount calculated on the form.
Unless April 15 falls on a Saturday, Sunday, or a legal holiday, individual taxpayers must file their income tax returns by Tax Day, which is typically April 15 of the following year. In that case, the returns are due on the following business day. By submitting Form 4868, you can automatically extend your deadline to submit Form 1040 until October 15.
To learn more about Form 1040, visit:
https://brainly.com/question/1227880
#SPJ4
economists generally support
Economists generally support free international trade. This kind of commerce lowers the total cost of international trade and aids in removing entrance barriers for the countries involved.
An agreement to lower import and export tariffs between two or more countries is known as a free trade agreement. A free trade policy allows for the purchase and sale of products and services across international boundaries with little to no restrictions from the government in the form of tariffs, quotas, subsidies, or bans.
Trade protectionism and economic isolationism are opposed by the idea of free trade.Governments that have implemented free-trade policies or agreements do not automatically give up all import and export regulation or do away with all protectionist measures. There aren't many free trade agreements (FTAs) that totally free commerce in today's global market.Learn more about Free trade, here
https://brainly.com/question/10473895
#SPJ4
The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _____________ and its ____________________.
The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its potential GDP and its natural rate of unemployment.
What is known as macroeconomics?In economics, this is a branch that deals with the performance, structure, behavior etc of an economy as a whole. For instance, a macroeconomics involves using interest rates, taxes and government spending to regulate an economy’s growth and stability.
On the macroeconomics, the neoclassical perspective holds that in the long run, the economy will have to fluctuate around its potential GDP and its natural rate of unemployment. Therefore, the answers are as underlined in the main answers.
Read more about macroeconomics
brainly.com/question/14340983
#SPJ1
the saturn corporation (once a division of gm) was permanently closed in 2009. what could we learn from it?
In 2009, the Saturn Corporation, formerly a division of GM, was permanently shut down. Saturn made a meager 3% return on investment by selling automobiles at prices lower than those of Honda or Toyota.
The business was initially established as a subsidiary of Toyota Industries, a manufacturer of machines that Kiichiro Toyoda's father, Sakichi Toyoda, created. The Toyota Group, one of the biggest conglomerates in the world, now includes both businesses. The firm created its first product, the Type A engine, in 1934 while it was still a division of Toyota Industries, and its first passenger automobile, the Toyota AA, in 1936.
Following World War II, Toyota benefited from Japan's alliance with the United States to study American automakers and other businesses. This allowed Toyota to develop The Toyota Way and the Toyota Production System, which helped the small business grow into an industry leader and became the focus of numerous academic studies.
Learn more about Corporation here
https://brainly.com/question/14656092
#SPJ4
liam wants to influence his team by requesting their advice to solve a problem and to mutually set some performance goals. which type of influence would this represent?
Liam wants to influence his team by requesting their advice to solve a problem and to mutually set some performance goals. This represents the consultation type of the influence.
What kind of influence occurs most frequently?For instance, a CEO, a schoolteacher, a politician, or a traffic officer. Based on position, title, and authority, this is the most typical kind of influence. Influence is passed down, not personally earned, and because following is a given, exercising it can be done at will.
What sources of power does the leader wield?The leader outlines a course of action with logical justifications and supporting data. Professionals who rely on this kind of influence include accountants, lawyers, and doctors. The leader's network of connections is a source of authority and sway. Managers must find the appropriate individuals to associate with in order to cultivate this kind of authority.
Learn more about consultation influence here:-
https://brainly.com/question/13812906
#SPJ4
A trade discount is a reduction from the list price, which is used to?
A trade discount is a discount from the list price that is used to offer volume discounts to clients, conceal true prices from rivals, and alter prices without creating a new catalog.
Because a trade discount is used to determine the net price of goods or services before an exchange transaction occurs, which a buyer and seller will later record as a respective purchase or sale at an amount net of the trade discount, a trade discount is not separately recognized in the accounting general ledger.
Providing more for less, a trade discount is a great method to get the attention of a customer. Promotional offers, discounts for bulk purchases, and other tactics can draw in new clients and encourage them to acquire your goods by giving them the idea that they are getting the most value possible.
Discounting can be done for a variety of reasons, such as boosting short-term sales, getting rid of outdated inventory, rewarding loyal customers, motivating distribution channel members to fulfill a task, or incentivizing other actions that are advantageous to the discount issuer.
To learn more about trade discounts
https://brainly.com/question/23246426
#SPJ4
Which of the following accounts would be closed at the end of an accounting period?
a. Accounts receivable
b. Land
c. Account payable
d. None of the accounts listed would be closed at the end of an accounting period.
At the conclusion of an accounting period, accounts receivable would be closed. Because accounts receivables are permanent accounts.
At the end of the fiscal year, the accounts receivable account is not to be closed. Because accounts receivables are permanent accounts that are included on the balance sheet at the end of the accounting year, this is the reason permanent accounts.
A company's asset account, which includes land, is not required to be closed at the conclusion of the fiscal year because it satisfies the accounts receivable requirements for permanent accounts.
A permanent account is one that is not closed at the end of the year, and accounts receivable this includes the accounts payable account. Therefore, it will likewise not be seen as a viable choice.
Learn more about accounts receivable here
https://brainly.com/question/13166196
#SPJ4
What is the name of the is decision support strategy that uses non-linear predictive models that were defined using hidden layers trained on prior observed behaviors?.
The name of the decision support strategy that uses non-linear predictive models that were defined using hidden layers trained on prior observed behaviors is Backpropagation.
What is a decision support system?Strategic decision support systems (strategic DSS) are one method of assisting managers in comprehending strategy and its ramifications. Strategic decision support systems have several general decision support system capabilities and are meant for senior managers.
Backpropagation, also known as backward propagation of mistakes, is a test for errors that works backward from output nodes to input nodes. It is a useful mathematical tool for boosting prediction accuracy in data mining and machine learning.
The essence of neural net training is back-propagation. It is the practice of fine-tuning the weights of a neural net based on the previous epoch's mistake rate (i.e. loss) (i.e. iteration). Proper weight tuning ensures decreased error rates, boosting the model's reliability by increasing its generalization.
Learn more about system on:
https://brainly.com/question/28889168
#SPJ1
Filipino shrimpers practice dumping by selling their catch to U.S. customers at a price that is higher than the price of shrimp caught in the United States.
a. True
b. False
False, because Dumping can be defined as the practice of foreign companies exporting products abroad at a price lower than the price in the domestic market, or even below the cost of production, in order to lower the price of the domestic product.
Dumping is an activity of selling goods in the international market by setting a price that is lower or lower than the market price in the country. In the world of international trade, of course, we know the terms exporter and importer.
Exporters are parties in the form of business entities or countries that sell their products or commodities to foreign markets or other countries. Meanwhile, importers are parties who buy products or commodities from abroad or their friendly countries.
This dumping activity is often carried out by exporters who sell their products or commodities to other countries at lower prices, either in the importer's or exporter's domestic market.
As we all know that various countries that have joined the World Trade Organization (WTO) have agreed to free trade. This indicates that any obstacles that occur in international trade, whether in the form of tariffs or non-tariffs, must be eliminated.
Therefore, ready or not, every producer must face competition both domestically and abroad. Because free trade will have an effect on making it easier for goods to enter and leave the countries that are already members of the WTO.
You can learn more about Dumping here brainly.com/question/2456924
#SPJ4
how does the microenvironment of a company differ from its macroenvironment?
The microenvironment relates directly to companies, suppliers, marketing intermediaries, customer markets, competitors, and society.
The company's microenvironment refers to all the micro-factors that affect business strategy, decision making and performance. It is very important for a company's success to conduct a microenvironment analysis prior to the decision-making process.
In accordance with the company's internal environment. This includes all departments, such as administration, finance, research and development, purchasing, business operations and accounting. Each of these departments influences marketing decisions.
For example, the research and development department have information about the characteristics of a product, and the accounting area approves the financial part of the marketing plan and budget to satisfy customers.
You can learn more about microenvironment here brainly.com/question/15408651
#SPJ4
The ability to tackle complicated issues by evaluation information you've gather and organized is
A.) integrity
B.) dependability
C.) analytical thinking
D.) cooperation
Answer:
analytical thinking
Explanation:
The ability to tackle complicated issues by evaluation information you've gather and organized is:
A.) integrity
B.) dependability
C.) analytical thinking
D.) cooperation
uan works at texas burgers in el paso and earns $8.00 per hour. his twin brother felipe works in mexico burgers in ciudad juarez just across the border and earns $3.00 per hour for exactly the same work. an economist looking at this situation sees:
An economist looking at this situation sees an incentive for Felipe to cross the border to get a job and thus reduce the gap.
What is economist?
A specialist in economics examines the connection between a society's resources and its output or production. Economists research a variety of social systems, including local communities, entire countries, as well as the global economy. A wide range of policies, such as interest rates, tax codes, employment programmes, international trade agreements, as well as corporate strategies, are shaped in part by the expert judgement and research findings of economists. An economist's responsibilities are incredibly diverse. analyse data using statistical formulas, statistical methods, and software; present research findings in reports, tables, and charts; conduct surveys and collect data. interpret and predict market trends, provide economic advice to businesses, governments, and individuals, and suggest fixes for economic issues; write content for scholarly publications and other media.
To learn more about economist
https://brainly.com/question/17996535
#SPJ4
Which of the following are characteristics of a typical company growth curve?
a. As a business matures early experimentation gives way to standardization.
b. Eagerly cannibalize existing core business in order to embrace immature technologies.
c. Companies focus on what works and make changes in order to generate consistent cash flow to support growth.
d. Established incumbent businesses embrace radical and even risky changes to technologies and processes.
Companies focus on what works and make changes in order to generate consistent cash flow to support growth is characteristic of a typical company growth curve.
Growth curves are broadly used in statistics to ascertain the patterns of growth of a quantity over time, whether linear, exponential, or cubic. Growth curves are used by businesses to track or predict a variety of factors, such as future sales. Companies concentrate on what works and make adjustments to create consistent cash flow to support growth.
Learn more on growth curve -
https://brainly.com/question/27574502
#SPJ4
the government decides to impose a price ceiling on a good because it thinks the market-determined price is too high. if it imposes the price ceiling above the equilibrium price:
Consumers will respond to the lower price and wish to purchase more of the good than at the equilibrium price.
A state of a system in which neither its state of motion nor its internal energy state changes throughout time Equilibrium exists for a single particle when the vector sum of all forces acting on the particle is zero. A rigid body (distinguished from a particle by the attribute of extension) is said to be in equilibrium if, in addition to the states given above for the particle, the vector sum of all torques operating on the body equals zero, implying that its state of rotational motion remains constant. Small, externally induced displacements from an equilibrium produce forces that tend to oppose the displacement and return the body or particle to the equilibrium state.
To Learn about Equilibrium visit :
brainly.com/question/28527601
#SPJ4
Doug learns that his business idea for a hot dog stand fits into a narrow category of usage in his municipality. This usage requires following established steps to ensure legal operation. What should Doug investigate in his municipality to legally start and operate his stand?
A. Specific use permit
B. Portable license
C. Monthly regulations
D. Mobile cart driver’s license
Mobile cart driver’s license should Doug investigate in his municipality to legally start and operate his stand.
A bench comprising Justice Amitava Roy, Justice Arun Mishra, and Justice Sanjay Kishan Kaul held in Mukund Dewangan that a separate endorsement within the LMV driving license is not required to drive a shipping vehicle having unladen weight beneath 7500 kilograms.
In its order on Wednesday, STA stated that LMV driving license holders can power transport category motors (items and passengers) like mini-bus, mini-truck, taxis, vehicle-rickshaw, mild commercial cars, and others, without a separate delivery endorsement in a riding license.
Learn more about driver’s license here: https://brainly.com/question/18611420
#SPJ1
