A central bank provides services to the central government. Collect payments to governments and make payments on their behalf. Maintains and operates government savings accounts.
The central bank also manages the country's debt and makes loans. The central bank is the country's highest monetary authority. It plays several important roles in the smooth functioning of the economy. Central banks issue money on behalf of governments.It formulates monetary policy on behalf of the government.It acts as a government banker.She works as a banker in a commercial bank.
She oversees all financial institutions. Commercial banks are responsible for providing services to businesses and consumers. Fiscal policy is formulated by the government. Governments are also responsible for economic growth. Her five functions of central banks are:It maintains macroeconomic stability, is the lender of last resort for financial stability, is the government's bank, implements monetary policy, and regulates the financial sector.
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Using advances in technology to maintain databases of customer information is more important for firms involved in mass marketing than it is for those firms using relationship marketing. true or false?
Using advances in technology to maintain databases of customer information is more important for firms involved in mass marketing than it is for those firms using relationship marketing. FALSE.
False. Technology can help firms using mass marketing techniques to keep track of customer information, so they can more easily target their advertising and promotional efforts.
Is technology more important for mass marketing or relationship marketing?Technology has revolutionized the way marketing is done today. In the past, marketing was all about creating a one-size-fits-all message and hoping it would resonate with enough people to generate sales. But today, with the advent of big data and sophisticated analytical tools, marketing has become much more targeted and personalized.
However, firms using relationship marketing typically have more detailed and personal information on their customers, making it unnecessary to maintain large databases.
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now assume instead that the demand for hats is perfectly inelastic at q3, while the supply and the per-unit tax remain unchanged.
When demand for hats is perfectly inelastic, while the supply and the per-unit tax remain unchanged, the demand for hats is constant.
When the demand is perfectly inelastic, it implies that the consumer would be willing to a higher price for the same quantity of hats.
What is perfectly inelastic demand?If demand is perfectly inelastic, then a change in price has no effect on the amount of the product that is desired. As a result, the supplier can set any price they like and consumers will continue to purchase the good. One example is healthcare.
Business owners use Perfectly Inelastic Demand to guide their pricing decisions. Each product has a distinct level of demand elasticity, therefore knowing whether a product's demand is elastic or inelastic can assist a company determine how much to raise or lower prices as needed.
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the probability-weighted average of the payoffs for a chance node is known as the group of answer choices median value variance of the node risk measure expected value
Option (d), the expected value is the probability-weighted average of the rewards for a chance node.
What does the expected value of a probability mean?In statistics and probability analysis, the expected value is calculated by multiplying each potential event by the likelihood that it will occur, summing all of those values, and then calculating the expected value. Investors can choose the scenario that is most likely to result in the desired outcome by calculating anticipated values.
Are probability and anticipated value the same thing?According to theory, the experimental probability is just the probability we're assuming based on a small number of trials, whereas the anticipated value is the normal result we anticipate receiving after an infinite number of trials.
What is the probability weighted average, exactly?The weighted mean is a type of mean that is calculated by adding up all the products following multiplying the weight (or probability) associated with a particular event or result by its associated quantitative result.
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the cotton gin indirectly reinvigorated the need for slaves in the south because it please choose the correct answer from the following choices, and then select the submit answer button. cheapened the cost of tobacco production in the upper south. required slaves to produce the expensive machinery. enabled short-staple cotton to be cultivated profitably on the mainland. made the cost of cotton production more expensive, requiring cost savings in labor.
Cotton farming became so profitable for slaveholders that it greatly increased their demand for both land and slave labor. In 1790, there was Still, the cotton gin had transformed the American economy.
For the South, it meant that cotton could be produced in abundance and cheaply for domestic use and for export, and by the mid-19th century, cotton was America's leading export. The gin separated the sticky seeds from the fibers in short-staple cotton, which was easy to grow in the Deep South but difficult to process. The gin improved the separation of seeds and fibers, but cotton still had to be picked by hand. the need for slaves increased to keep up with the profitability that came with their invention. The cotton gin was used to remove the seeds from cotton. The cotton gin helped the South produce more cotton, leading to increased demand for cotton.
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When a firm adopts a low-cost strategy on a global scale that comes from economies of scale, learning effects, and location economies it is using a _______________ strategy.
a. International
b. Localization
c. Global standardization
d. Home-country
c. Global standardization
When a firm adopts a low-cost strategy on a global scale that comes from economies of scale, learning effects, and location economies it is using a Global standardization strategy.
Low cost strategy
In economics, low cost strategy defines the pricing strategy in which a company offers a relatively low price to stimulate demand and gain market share.
Given,
Here we need to find when the firm adopts a low-cost strategy on a global scale that comes from economies of scale, learning effects, and location economies, then the type of strategy used.
As per the definition of low cost strategy, here we have given that the product is produced in globally but with the low cost strategy.
In order to achieve economies of scale, learning effects, and location economies on the global scale, we have to use the standard that can workout global level.
Therefore, (c) is the correct option.
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When a publisher’s sales representative visits the office of a university professor without an appointment to discuss the latest textbook offerings available, this is an example of.
Cold calling occurs when a publisher's sales representative shows up at a university professor's office without prior arrangement to talk about the most recent textbook releases.
What is the cold-calling technique?
In sales, the term "cold calling" is a technique where a salesman calls prospects they have never spoken to before in an effort to ask for their business.
Why do people dislike making cold calls?
The fact that cold calling is uninvited is among the reasons why people despise it. Someone they have never spoken to before is being called by your representative. A call that the potential lead wasn't expecting arrives. They become agitated when you catch them unaware guard.
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gdp accounting includes gdp accounting includes the goods and services produced in the underground economy expenditures for equipment to reduce the pollution of the environment the value of the leisure enjoyed by its citizens the goods and services produced but not bought and sold in the markets of the economy
GDP accounting includes the goods and services produced in the underground economy expenditures for equipment to reduce the pollution of the environment and the value of the leisure enjoyed by its gross Domestic Product (GDP).
GDP measures the monetary price of final items and services—that is, the ones that can be offered by using the final person—produced in a country in a given time period (say a quarter or a yr). It counts all of the output generated within the borders of a country.
As a consequence, GDP is described by using the following formula: GDP = consumption + investment + authorities Spending + internet Exports or more succinctly as GDP = C + I + G + NX in which intake (C) represents non-public-consumption costs by means of households and nonprofit groups, investment (I) refers to enterprise expenses ...
Examples include clothing, meals, and health care. investment, I, is the sum of fees on capital devices, inventories, and structures. Examples include machinery, unsold products, and housing. authorities spending, G, is the sum of costs with the aid of all government bodies on items and services.
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During his interview with the human resource manager, kent asked about the benefits the company provided. What would be one thing the hr manager might tell kent about with regard to benefits? multiple choice question
One thing the hr manager might tell kent about with regard to benefits is B. vacation.
How to illustrate the information?Employee benefits cover your workforce's indirect pay. This can include health insurance, stock options, or any number of other benefits provided to employees. While two jobs may pay the same, they may differ greatly in terms of benefits, making one a better financial proposition than the other.
Human resource management is a strategic and coherent approach to the effective and efficient management of people in a company or organization so that they can help the company gain a competitive advantage. It is intended to maximize employee performance in support of an employer's strategic goals.
The Human Resource Manager, among other things, hires and interviews new employees and manages pay rates. This person must set a good example by maintaining good communication skills while working on complex problems.
Vacation is a benefit that van be enjoyed.
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Complete question
During his interview with the human resource manager, kent asked about the benefits the company provided. What would be one thing the hr manager might tell kent about with regard to benefits?
salary
vacation for employees
health insurance
Which function returns the periodic interest rate of a loan, given the number of payment periods, the periodic payment amount, and the loan amount?.
NPER is AN surpass monetary performance that calculates the number of payment periods for a loan or investment supported by equal periodic payments and a relentless rate.
PMT, one of the monetary functions, calculates the payment for a loan supported by constant payments and a relentless rate. Use the surpass Formula Coach to work out a monthly loan payment. At constant times, you may find out how to use the PMT to perform during a formula.
The PMT perform calculates the periodic payment for a rental investment supported by constant-amount periodic payments and a relentless rate. IPMT: The IPMT perform calculates the payment on interest for AN investment supported by constant-amount periodic payments and a relentless rate.
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read the following excerpt of the texas constitution in order to determine which requirement must be met before the state can take on new debt
Answer:
Voters must approve any debt proposed by the state legislature.
Explanation:
I took the quiz
TRUE/FALSE when preparing an amortization schedule, the monthly interest is equal to principal times rate divided by time.
This statement is False, when preparing an amortization schedule, the monthly interest is equal to the principal time's rate divided by time.
The formula for calculating monthly interest payments in amortized loans is given as:
P= [tex](r*PV)/(1-(1+r) ^-n).[/tex]
where P is a monthly payment,
r is the interest rate per period,
PV is the loan amount and n is the number of periods.
From the calculated monthly payment, monthly interest is the outstanding principal times rate divided by time. The Outstanding Principal changes every month, as some portion of the monthly payment, goes towards repayment of the principal.
In banking and finance, an amortized loan is a loan wherein the most important of the loan is paid down over the lifestyles of the loan (that is, amortized) in keeping with an amortization schedule, normally thru equal payments.
Each price to the lender will include a portion of the hobby and a part of the major. loan loans are typically amortizing loans. The calculations for an amortizing mortgage are those of an annuity that use the time value of money formulation and may be achieved using an amortization calculator.
An amortizing loan has to be contrasted with a bullet loan, wherein a big part of the mortgage may be paid at the final adulthood date in preference to being paid down gradually over the loan's life.
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on april 1, 2020, the city of southern ponds issued $5,000,000 in 4% general obligation, tax supported bonds at 101 for the purpose of constructing a new police station. the premium was transferred to a debt service fund. a total of $4,990,000 was used to construct the police station, which was completed before december 31, 2020, the end of the fiscal year. the remaining funds were transferred to the debt service fund. the bonds were dated april 1, 2020, and paid interest on october 1 and april 1. the first of 20 equal annual principal payments of $250,000 is due april 1, 2021.
The value of debt service expenditures for 2020 and 2021 is shown below:
$100,000 (2020).$350,000 (2021).The money that is needed as payment of the principal and interest on an outstanding debt for a particular period of time is known as debt service. The amount of debt service can be calculate by dividing the total annual income available to pay debt service by the annual debt service requirement.
The value of debt service expenditures for 2020
Debt service = $5,000,000 x 4% x 1/2 year
Debt service = $100,000
The value of debt service expenditures for 2021
= $5,000,000 x 4% + $250,000
= $350,000
There is a missing part. The complete question can be seen below:
On April 1, 2020, the city of southern ponds issued $5,000,000 in 4% general obligation, tax supported bonds at 101 for the purpose of constructing a new police station. the premium was transferred to a debt service fund. a total of $4,990,000 was used to construct the police station, which was completed before december 31, 2020, the end of the fiscal year. the remaining funds were transferred to the debt service fund. the bonds were dated april 1, 2020, and paid interest on october 1 and april 1. the first of 20 equal annual principal payments of $250,000 is due april 1, 2021. In addition to reporting Bonds Payable and (unamortized) Bond Premium in the government-wide Statement of Net Position, how would the bond sale be reported.
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TRUE/FALSE the income statement shows the effects of a company's operating, investing, and financing activities on cash.
It is completely appropriate and factually correct to conclude that the income statement of the firm is helpful in the representation of operating, investing, and financing effects undertaken by the company during a given accounting period. Therefore, the statement given above holds true.
An income statement can be referred to or considered as the statement that represents the financial position of the company with respect to the cash inflows and cash outflows made and incurred during a given period of its accounting operations.
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What are the 2 definitions of inflation?.
Inflation is defined as increasing prices throughout the economy. A more precise definition of inflation would be a growing force in an economy's overall price level. Inflation was defined as an increase in the cost of existence caused by rising prices for goods and services.
Economists divide inflation into 2 kinds: demand-pull inflation as well as cost-push inflation. Most kinds of inflation raise the overall market price of an economy.
In economics, two kinds of inflation can be distinguished: demand-pull inflation as well as cost-push inflation. Customer inflation arises whenever the demand for goods as well as services exceeds the readily economic capacity to satisfy it.
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mia has been asked by top management to develop financial that the company will achieve over the next one- to ten-year period. question 18 options: a) plans b) goals c) directives d) strategies e) objectives
Mia has been asked by top management to develop financial goals that the company will achieve over the next one- to ten-year period.
What is financial goal mean?A financial objective is something you should strive for when handling your money. It could entail investing, earning, spending, or even saving. To expand a pricing range, a list of economic objectives must be created.
The majority's top long-term financial objective is to save enough money to retire. The common wisdom states that you should put between 10% and 15% of each paycheck into a tax-advantaged retirement plan, such as a 401(k) or 403(b), if you need to gain access to one, or a traditional IRA or Roth IRA.
Start by making your financial aspirations "SMART." The words "specific, measurable, possible, realistic, and time-related" are abbreviated as "SMART."
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Which of the following has become important due to the increasing fragmentation of television viewers who have ever-expanding viewing options and technology that can screen advertisements?
a. advertising
b. personal selling
c. public relations
d. sales promotion
e. product placement
E. product placement
Product placement has become important due to the increasing fragmentation of television viewers who have ever-expanding viewing options and technology that can screen advertisements.
Companies use product placement as a marketing strategy by collaborating with other brands and production houses. They pursue a covert kind of promotion by subtly including their goods in films, television programs, retail establishments, and other media. Discover more about product placement and the business uses for it.
This positioning of branded goods or services is frequently seen in entertainment, namely in movies or television. Consider the movies you've watched as media examples. It is product placement if the principal actor is holding a plainly marked Coca-Cola beverage or using a clearly marked Samsung cell phone.
Hence the correct option is E
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in the diagram, the outer arrows represent the payments that are counted in the current account, whereas the inner arrows represent the payments that are counted in the financial account. place the payments along the appropriate arrow.
According to the situation of case, there will be two approaches arises which are: Top and Bottom with the sub appropriate account that is current and financial account.
What do you mean by the current and financial account?A current account, sometimes referred to as a financial account, is a type of deposit account kept by people who do a disproportionately high volume of banking activities on a regular basis.
An element of a nation's balance of payments known as a financial account covers claims on or liabilities to nonresidents with regard to financial assets.
Therefore,
TOP Approach -
Current account:
An Italian purchase of the hotel room for a vacation in Spain.Interest on a Spanish bank's loan to a Greek company.Financial account:
A Spanish company's purchase of an Irish IT company.A Spanish central bank's purchase of more foreign exchange reserves.BOTTOM Approach -
Current account:
A Spanish company's purchase of Iranian oil.Profits of a U.S company operating Spain.Financial account:
A German purchase of Spanish mining company stock.To know more about the current and financial account, visit:
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which of the following statements is accurate with regard to compensation expense resulting from a compensatory stock option plan?
The compensation expense resulting from compensatory employee stock option plan is allocated to periods benefited by employee's required service.
What is an employee stock option?Employer-employee compensation agreements that have some aspects of financial options are referred to as employee stock options (ESOs). Employee stock options are typically seen as an internal arrangement that gives employees the opportunity to participate in the company's share capital as part of their compensation. ESOs are compensation contracts, according to regulators and economists. These unusual agreements between an employee and an employer mandate that, in the event that and when an employee exercises his or her stock options, the employer must provide a specific amount of shares of employer stock. Depending on the company and the employee's present job situation, the contract's length and terms can alter.
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Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance sheets Property, plant, and equipment (net) $ 470 $545 Income statement Net sales for 2017 $5,070 Required: 1. Calculate the company's 2017 fixed-asset turnover ratio. (Enter your answers in millions rounded to one decimal place.) Fixed-asset Turnover Ratio I Choose Denominator: = Fixed-asset Turnover Ratio Choose Numerator: Fixed-asset Turnover Ratio times
If Nvidia Corporation, a global technology company located in Santa Clara, California. the company's 2017 fixed-asset turnover ratio is 9.99 times.
How to find the fixed assets turnover?First step is to find the average fixed assets
Average fixed assets = $470 + $545 /2
Average fixed assets =$1,015 /2
Average fixed assets = $507.5
Now let find the fixed assets turnover using this formula
Fixed assets turnover = Net Sales/ Average fixed assets
Let plug in the formula
Fixed Asset Turnover = $5,070 / $507.5
Fixed Asset Turnover = 9.99 times
Therefore the fixed assets turnover is 9.99 times.
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an opportunity for fraud involving lapping of accounts receivable is more likely when which two duties involving accounts receivable are not segregated?
A lapping the scam is a dishonest technique in which a worker modifies accounts receivable in order to conceal stolen money. The technique involves utilising a subsequent receivables payment from a deal (like a sale) to pay for the theft.
The auditor has a duty to "plan and carry out the audit to the acquire reasonable certainty regarding. According to the auditing standards. Accounts receivable confirmations can demonstrate a number of claims, including the receivables transactions' real existence. For instance, the auditor might ask a client to attest that they have a balance on their account with the company under audit.
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if the marginal product of labor at sam's waffle house is 12 customers per hour, and the price of a meal is $12, then the marginal revenue product of labor is:
Sam's Waffle House's marginal labor product is 12 customers per hour, and if a meal costs $12, the marginal labor revenue product is $144.
What is the labor's marginal product?The contribution of additional labor to the entire output of the company is known as the marginal product of labor, whereas the contribution of new labor to the total sales revenue of the company is known as the marginal revenue product. Due to the law of diminishing returns, when more workers are hired, their marginal product decreases in the short term.
How can you locate the product with the marginal revenue?The entire change in revenue is multiplied by the variation in the number of units sold to arrive at marginal revenue. The formula for calculating marginal revenue is marginal revenue = change in the total revenue/change in production.
The formula MRMPL = MRPL states that the marginal revenue product of a worker is equal to the sum of the marginal product of labor (MPL) and the marginal revenue (MR) of output. This can be used to calculate the ideal workforce to use at a market wage rate chosen exogenously.
Given,
Marginal product of labor= 12 customers per hour
Price of a meal= $12
Marginal revenue product of labor= Marginal Product of worker X Marginal Revenue of output
Marginal revenue product of labor= 12 X 12
= $144
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What's the difference between homeowners insurance and renters insurance?.
Both homeowners insurance and renters insurance offer policyholders financial security against losses resulting from property damage, legal liabilities, medical expenses for others, and living expenses away from home. The sorts of property damage covered are the primary distinction between these two types of plans.
For people who own their own house or apartment, homeowners insurance provides coverage for both their personal property and the building itself. Tenants purchase renters insurance, which covers theft or damage to their personal property but excludes damage to the structure as a whole.
Home insurance policies contain dwelling coverage, but renters insurance policies do not. This is the main distinction between homeowners' and renters' insurance. You wouldn't require both renters insurance and homeowners insurance to protect your own property at the same residence as the plans are otherwise practically identical.
Residence, personal property, personal responsibility, supplementary living costs, and medical payments are the five main coverage categories for homeowners insurance. All of those characteristics—aside from the first—make renters insurance comparable to a low-cost house insurance option for tenants.
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multiple choice question if a cost is traced to a segment using activity-based costing, it blank an avoidable cost of the segment. multiple choice question. is always may or may not be is never
According to given statement is the proposition may or not be accurate in terms of the segment's avoidable cost.
How would you define costing?Costing refers to any system for assigning charges to a business component. Costing is widely used to determine expenses for clients, distribution networks, employees, regions, items, product lines, procedures, divisions, and entire companies.
What does a business cost?WHAT DOES IT COST Costing is the process an entrepreneur does to determine the cost of producing or selling any specific product (item or service). WHY IS COST BEFORE PRICING IMPORTANT to be able to fairly and competitively set the product's pricing.
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true or false: north american free trade agreement (nafta) member nations made up a larger free market than european union (eu) member nations.
It is true that North America free trade agreement (NAFTA) member nations made up a larger free market than European Union (EU) member nations.
To encourage trade between the United States, Canada, and Mexico, the North American Free Trade Agreement (NAFTA) was put into effect. On January 1, 1994, the agreement, which reduced the preponderance of trade barriers between the three nations, went into effect. The goal of NAFTA was to increase trade between Canada, the United States, and Mexico, the three largest economic powers in North America. The agreement's followers think that just by encouraging freer commerce and lower tariffs between Canada, Mexico, and the United States, it would be beneficial for the three stakeholders. Through doing away with all tariffs between the 3 countries, NAFTA increased trade. It also generated accords on global business investor rights. As a consequence, trade was cheaper. It encourages investment and expansion especially for small businesses.
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nicole wants to create a database to collect information about videos in her video rental store. she would like to use the database to look up movies by rating, actors, producer, and title. she would also like to retrieve the movies that are in stock. what fields should she have in her database? title, rating, actor, and producer title, rating, actor, and producer title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock rating, director, and actor rating, director, and actor product number, price, and rating product number, price, and rating
Answer:
D on edge
Explanation:
title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock
T/F is the program established in 2006 by the united nations as a means to help get satellite imagery and other geospatial resources into the hands of disaster management personnel.
The United Nations Office for Outer Space Affairs launched the UN-SPIDER (United Nations Platform for Space-based Information for Disaster Management and Emergency Response) in 2006.
More effective disaster risk management and emergency response are made possible by satellite-based telephony, global navigation satellite systems, and remote sensing for Earth observation. UN-SPIDER aims to make it possible for developing nations to utilize all kinds of space-based data during all stages of the disaster management cycle, including preparation, early warning, response, and reconstruction. Through knowledge sharing and the bolstering of institutions, UN-SPIDER seeks to improve activities to lower disaster risk or enhance disaster response operations.
Additionally, UN-SPIDER promotes collaboration between data and information providers and the various user groups, such as decision-makers, disaster risk managers, or first responders.
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1. ABC Yard Equipment sold a lawn mower to Alice for mowing the yard at her home. Alice financed the purchase and granted ABC a security interest in the mower. ABC did not file a financing statement on the mower. After a month of mowing her own lawn, Alice decided that she did not like the heat and that she preferred using a lawn service. Therefore, she sold the mower to her neighbor, Ted, who knew nothing about the loan from ABC, and used the mower to mow the yard at his home. Alice planned to use the money she got from Ted to pay off ABC, but her car broke down, and she used the money for car repairs. Alice failed to pay the loan from ABC for two months and was in default. ABC called wanting to repossess the mower and sell it at a commercially reasonable sale in order to recoup loan amounts. Which of the following is true regarding the position of the parties?
a. Regardless of whether or not ABC filed a financing statement, Ted, a bona fide purchaser, is entitled to keep the mower, and ABC’s only remedy is to seek recovery of the amounts due from Alice.
b.Regardless of whether or not a consumer good is involved, ABC did not have to file a financing statement in order to be perfected, Ted must return the mower to ABC, and his only remedy is against Alice.
c.Because a consumer good is involved, ABC did not have to file a financing statement in order to be perfected, Ted must return the mower to ABC, and his only remedy is against Alice.
d. Because ABC did not file a financing statement, Ted, a bona fide purchaser, is entitled to keep the mower, and ABC’s only remedy is to seek recovery of the amounts due from Alice
Because ABC did not file a financing statement, Ted, a bona fide purchaser, is entitled to keep the mower, and ABC’s only remedy is to seek recovery of the amounts due from Alice.
What is interest explain?
When you borrow money, you must pay interest, and when you lend money, you must charge interest.
The most common way to represent interest is as a yearly percentage of the loan amount. The interest rate for the loan is denoted by this proportion.
What 3 categories of interest are there?
The nominal interest rate, the effective rate, and the real interest rate are the fundamentally three different categories of interest rates.
Simply put, the stated rate on which interest payments are calculated is the nominal interest of a loan or investment.
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elsa, the owner of fertile farm, sells gina a right to camp on fertile land overnight. gina's right is
Elsa, the owner of Fertile Farm, sells Gina the right to camp on Fertile land overnight. Gina's right is an easement.
An easement is a nonpossessory right to use and/or input onto the real property of some other without owning it. it's far "best typified in the right of manner which one landowner, A, might also experience over the land of some other, B". An easement is a belonging right and form of incorporeal belongings in itself at common law in maximum jurisdictions.
An easement is similar to actual covenants and equitable servitudes. within the U.S.A., the Restatement (0.33) of belongings takes steps to merge those concepts as servitudes.
Easements are beneficial for supplying get entry to throughout or extra pieces of assets, permitting people to get admission to other properties or a useful resource, as an instance to fish in a privately owned pond or to have to get entry to a public seaside. The rights of an easement holder vary extensively among jurisdictions.
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true or false: one way of protecting against the kind of stock-value losses suffered by most stocks during the 2009 recession is by investing in cyclical stocks.
The statement that one way to protect investments against the stock - value losses suffered by many stocks in the 2009 recession is by investing in cyclical stocks is False.
What are cyclical stocks?Cyclical stocks refer to stocks that follow the market and the price movements of the economy. In other words, a cyclical stock belongs to companies that see their fortunes change with the movement in the economy. If the economy is doing well, then the value of the cyclical stock will increase. And if the economy is doing badly, then the value of the cyclical stock will fall.
The 2009 recession was one of the worst recessions in American and world history. It led to high levels of unemployment around the world, and led to many suffering hardship. Because the economy was doing badly, it meant that cyclical stocks were doing badly as well. Cyclical stocks are therefore not the best to invest in to avoid the stock losses seen in the 2009 recession.
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communities in which groups of chrisitna men gave up all their private possessions and lived very simply, devoting their lives to worship and prayer
Monastery is a non secular community of guys who have given up their possessions to devote themselves to a existence of prayer and worship.
What do monasteries do?A monastery was once a building, or buildings, the place humans lived and worshiped, devoting their time and lifestyles to God. The humans who lived in the monastery were known as monks. The monastery was once self contained, that means the whole lot the monks needed was furnished through the monastery community.
What religion is a monastery for?Monasteries have been a part of many religions, including: Buddhism, Daoism, Judaism, and Christianity. Lao Zi created a personal monastery by living in isolation. The first monastic devotees had been hermits, which ability that they were man or woman spiritual followers who lived in total isolation from all different people.
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