a financial crisis brought on by macroeconomic imbalances group of answer choices is usually inevitable given underlying conditions. often happens to countries with strong international positions. is often preceded by capital inflows and an increase in foreign liabilities. is usually the result of fragility in the banking sector.
Answers
A financial crisis brought on by macroeconomic imbalances "is often preceded by capital inflows and an increase in foreign liabilities" (Option c).
A financial crisis occurs when a sudden shock or a series of shocks severely disrupts the financial system, leading to a broad-based contraction in economic activity. Macro-economic imbalances that lead to a financial crisis are often characterized by large capital inflows and increases in foreign liabilities. In such a situation, the country becomes vulnerable to sudden capital outflows, which can lead to a sharp devaluation of the currency and a sharp increase in interest rates.
This can, in turn, lead to a significant deterioration in economic conditions, including rising unemployment, falling output, and rising inflation. Therefore, it is essential to monitor macro-economic imbalances to prevent financial crises from occurring.
Option c is answer.
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Related Questions
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
8. When the Central Bank conducts open market purchases, reserves / money supply a. increase and banks can increase lending. b. increase and banks must decrease lending. c. decrease and banks can increase lending. d. decrease and banks must decrease lending.
Answers
When the Central Bank conducts open market purchases, reserves and money supply increases and banks can increase lending.
The correct answer is a.
"increase and banks can increase lending.The act of purchasing securities from the market by the central bank to increase the money supply and decrease the interest rate is known as open market purchases. When the central bank conducts open market purchases, it boosts the money supply, which leads to an increase in reserves, as more money is now available to the banks to lend. By increasing reserves, the central bank encourages banks to increase lending and create more money, contributing to a rise in the money supply.Long answerOpen market operations are a type of monetary policy employed by central banks to regulate the supply of money in circulation and the level of short-term interest rates.
In an open market purchase, the central bank buys securities, usually government bonds, from the market, thereby increasing the reserves held by banks. When the central bank buys securities, it creates new reserves, which leads to an increase in the money supply available for lending. This, in turn, reduces the interest rate, making borrowing more attractive to businesses and individuals, thus boosting investment and spending, and eventually leading to economic growth. As a result of the open market purchases, banks' reserves increase, making it easier for them to lend, which can also contribute to economic growth. Hence, the correct option is a, "increase and banks can increase lending."
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subway with more than 20,000 outlets in the US is planning for a new restaurant in Buffalo, New York. Three locations are being considered. the following table gives the factors for each site.
Factor Weight Maitland Baptist Church Northside Mall
Space 0.25 65 70 85
Costs 0.25 35 80 30
Traffic density 0.20 55 80 55
Neighborhood income 0.15 45 65 40
Zoning laws 0.15 75 25 90
based on the given information, the best location in Buffalo for subway to open a new restraunt is ...............with a weighted average = ...............(Enter your response rounded to 2 decimal places)
Answers
To determine the best location for Subway to open a new restaurant in Buffalo, a weighted average method is used based on various factors. The factors considered in this case are space, costs, traffic density, neighborhood income, and zoning laws. Each factor is assigned a weight representing its importance in the decision-making process.
The three locations being considered for the new restaurant are Maitland Baptist Church, Northside Mall, and an unidentified third location. The factors for each location are evaluated and given scores based on their suitability.
The space factor, with a weight of 0.25, assesses the availability of space for the restaurant. Maitland Baptist Church scores 65, Northside Mall scores 70, and the third location scores 85.
The costs factor, also weighted at 0.25, evaluates the expenses associated with setting up the restaurant. Maitland Baptist Church scores 35, Northside Mall scores 80, and the third location scores 30.
Traffic density, weighted at 0.20, measures the volume of potential customers in the area. Maitland Baptist Church scores 55, Northside Mall scores 80, and the third location scores 55.
The neighborhood income factor, with a weight of 0.15, considers the average income level of the residents. Maitland Baptist Church scores 45, Northside Mall scores 65, and the third location scores 40.
Lastly, the zoning laws factor, also weighted at 0.15, accounts for any restrictions or regulations that may impact the restaurant's operation. Maitland Baptist Church scores 75, Northside Mall scores 25, and the third location scores 90.
To calculate the weighted average for each location, we multiply the score of each factor by its weight and sum them up. Based on the given data, the weighted average for Maitland Baptist Church is 59.25, for Northside Mall is 69.50, and for the third location is yet to be determined.
Considering the weighted average, the best location for Subway to open a new restaurant in Buffalo is Northside Mall, with a higher score of 69.50. This decision is based on the assumption that higher scores indicate better suitability according to the given factors.
It's important to note that the selection of the best location is subjective and may depend on additional factors or specific business strategies. Therefore, further analysis and evaluation may be required before making a final decision.
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After the nuremberg trials were over and the geneva convention was convened, the power to prosecute for crimes against humanity or genocide became the responsibility of which organization?
a.
german government
b.
united nations
c.
allied powers
d.
nato
Answers
The power to prosecute crimes against humanity or genocide became the responsibility of the United Nations after the Nuremberg trials were over and the Geneva Convention was convened. Option B.
The Genocide Convention was the first human rights treaty adopted by the General Assembly of the United Nations on 9 December 1948 and signified the international community's commitment to 'never again' after the atrocities committed during the Second World War.
What is the UN Convention's definition of genocide?
According to the Convention, genocide is a crime that can take place both in times of war as well as in times of peace. The definition contained in Article II of the Convention describes genocide as a crime committed with the intent to destroy a national, ethnic, racial, or religious group, in whole or in part.
Hence, the right answer is option B. United Nations.
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Identify four negative effects of economic growth on society/the environment.
Answers
Negative effects of Economic Growth on Society/ The Environment - Noise pollution and lower air quality arising from air pollution and road congestion.
What would have happened if you had not been monitoring the status of the project?
Answers
Constant monitoring is important to control the progress of the project and fix any errors according to the established schedule.
What is project monitoring?Never has effective project management relied on a "set it and forget it" philosophy. PMs must begin projects, monitor them, and measure their progress in order to manage projects effectively. Even though it's sometimes disregarded or seen as just another item on the project manager's to-do list, project monitoring is an essential aspect of the project lifecycle.
To make sure everything is finished on schedule, within budget, and in accordance with the project's specifications and standards, project monitoring includes tracking a project's metrics, progress, and related duties. In addition to these tasks, project monitoring includes noticing and identifying potential obstacles or difficulties and taking appropriate action to resolve them.
Therefore, monitoring is important to control the progress of the project and fix any errors according to the established schedule.
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1. Margot works as a sales associate at a children’s clothing store. What education might Margot have needed to attain her position?
A.
high school diploma
B.
associate degree in childhood education
C.
bachelor’s degree in logistics
D.
master’s degree in business
Answers
Answer:
A. High school diploma
Explanation:
Answer:
A
Explanation:
Which of the following is NOT a reason to make payments online?
Answers
Answer:
Hi there isn't anything attached??
what is the npv of a project expected to generate $1,000 a year for 5 years assuming a discount rate of 10% and an initial outlay of $3,250?
Answers
$540.79 is the NPV of a project expected to generate $1,000 a year for 5 years assuming a discount rate of 10% and an initial outlay of $3,250.
What Is Net Present Value (NPV)?The difference between the present value of cash inflows and outflows over time is known as net present value (NPV). The profitability of a proposed investment or project is examined using NPV in capital budgeting and investment planning.
NPV is the outcome of computations that determine the current value of a future stream of payments using the appropriate discount rate. Projects that have a positive NPV are often worthwhile pursuing, but those that have a negative NPV are not.
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Consolidated Industries is expected to pay a dividend of $3.65 per share next year. Dividends are expected to grow at 1.5% per year indefinately. If investor's have a required return of 18%, how much should the stock sell for? $22.12 $19.42 $20.63 $20.28 $23.11
Answers
Given the dividend of Consolidated Industries to pay next year is $3.65 per share, the expected growth rate is 1.5% per year indefinitely. Therefore, the stock's selling price is $22.42.
The required rate of return is 18%. We need to determine the stock's selling price. This can be solved using the constant growth rate formula. We will have to calculate the expected dividend for next year after calculating the first dividend. The constant growth rate formula is used to determine the price of the stock. The formula is as follows:P0 = D1 / (r – g)Where, P0 is the current price of the stockD1 is the expected dividend r is the required rate of return is the expected growth rate. The expected dividend next year, D1 can be calculated as follows:
D1 = D0 (1 + g)D0 = dividend paid this year = $3.65The expected growth rate is given as 1.5% per year indefinitely, hence g = 1.5% or 0.015. Now, we can calculate D1 as:D1 = $3.65 (1 + 0.015)D1 = $3.65 (1.015)D1 = $3.70. Using the formula above, we can now calculate the stock's selling price, P0:P0 = D1 / (r – g)P0 = $3.70 / (0.18 – 0.015)P0 = $3.70 / 0.165P0 = $22.42The stock's selling price is $22.42, which is the closest to option A, $22.12. Therefore, option A, $22.12 is the correct answer. The expected dividend for next year, D1 can be calculated as $3.70. The stock's selling price can be calculated using the formula P0 = D1 / (r – g). The stock's selling price is $22.42.
In this problem, we used the constant growth rate formula to determine the price of the stock. The formula is P0 = D1 / (r – g). The expected dividend for next year, D1 can be calculated as $3.70. The expected growth rate, g is 1.5% per year indefinitely. To calculate the required rate of return, r, we are given the required return of 18%.Substituting these values in the formula above, we obtain the stock's selling price. P0 = $3.70 / (0.18 – 0.015) = $22.42. Therefore, the stock's selling price is $22.42.
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What was one effect of these actions on the united states? question 5 options: the signing of the treaty of guadalupe hidalgo international criticism of the monroe doctrine the expansion of manufacturing increased profits from international commerce.
Answers
One effect of these actions on the United States was the international criticism of the Monroe doctrine. Option B.
What was the Monroe doctrine?The Monroe Doctrine eventually became a cornerstone of American foreign policy, while being at first ignored by the European superpowers. In 1823 U.S. James Monroe declared the United States to be the defender of the Western Hemisphere and forbade other European nations from acquiring more lands in the Americas.
The United States would pledge not to get involved in conflicts between European powers and to refrain from meddling in the internal affairs of European states. 2. The United States would acknowledge the current European colonies in the Western Hemisphere and refrain from meddling in their internal affairs.
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During the late 1990s, Japan experienced reductions in the GDP deflator. Given this information, me know with certainty that:
Answers
Given the information that Japan experienced reductions in the GDP deflator during the late 1990s, we can conclude with certainty that there was a decline in the overall price level in Japan during that period.
The GDP deflator is a measure of the average price level of goods and services produced in an economy. It is calculated by dividing the nominal GDP (measured in current prices) by the real GDP (measured in constant prices) and multiplying by 100. A reduction in the GDP deflator indicates that the ratio of nominal GDP to real GDP decreased. This implies that the growth rate of nominal GDP was lower than the growth rate of real GDP, indicating a decline in prices or deflation. Therefore, based on the information provided, we can conclude that Japan experienced deflation or a decrease in the overall price level during the late 1990s.
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A working group convened by NASAA has developed a model fee disclosure schedule to help investors better understand the costs involved in doing business with their broker-dealer. The template has broker-dealers disclose all of the following fees except:________. A) charges for late payments B) account inactivity fee C) issuance of a stock certificate D) advisory fees
Answers
Answer:
Correct Answer:
C) issuance of a stock certificate
Explanation:
In the model developed by group working for NASAA which was to disclose model fee and cost involved in doing business with them, it would disclose all associated cost involved. The only thing it would not disclose would be regards to stock certificate issuance since it falls outside their perview.
this problem requires you to develop a dynamic 12-month cash flow budgeting/forecasting tool. the months should be displayed as columns in the spreadsheet with the following inputs: • initial sales of $10,000,000 with forecasted monthly growth 3.5% • 35% of sales are collected in month of sale. • 20% of sales are collected the following month. • 25% collected 2 months later • 18% collected 3 months later • 2% never collected • initial cash balance of $250,000
Answers
The dynamic 12-month cash flow budgeting/forecasting tool, based on the provided inputs, can be implemented in a spreadsheet to calculate the monthly cash flow.
The resulting cash flow projection will help you manage your finances effectively.
To develop the cash flow budgeting/forecasting tool, follow these steps:
Step 1: Set up the spreadsheet:
Create a spreadsheet with twelve columns representing the twelve months.
Label the first column as "Month" and the subsequent columns as "Sales Month 1," "Sales Month 2," and so on.
Step 2: Enter the initial sales and monthly growth rate:
In the "Sales Month 1" cell, enter the initial sales amount of $10,000,000.
To forecast the sales for the subsequent months, multiply the previous month's sales by the growth rate (3.5%). For example, in "Sales Month 2," enter the formula "=Sales Month 1 * (1 + 3.5%)".
Copy this formula to the remaining cells in the sales column to calculate the forecasted sales for each month.
Step 3: Calculate cash collections:
Now, calculate the cash collections based on the provided collection percentages.
To simplify the calculations, assume that the sales for each month are evenly spread over the four collection periods (month of sale, following month, 2 months later, and 3 months later).
In the "Month of Sale Collection" column, enter the formula "=Sales Month * 35% / 4" for each month.
In the "Following Month Collection" column, enter the formula "=Sales Month * 20% / 4" for each month, offset by one month.
In the "2 Months Later Collection" column, enter the formula "=Sales Month * 25% / 4" for each month, offset by two months.
In the "3 Months Later Collection" column, enter the formula "=Sales Month * 18% / 4" for each month, offset by three months.
In the "Never Collected" column, enter the formula "=Sales Month * 2% / 4" for each month.
Step 4: Calculate cash inflows and outflows:
In the "Cash Inflow" column, sum up the collections for each month.
In the "Cash Outflow" column, you can include any expenses or costs for each month. If there are no specific expenses mentioned, you can exclude this column for now.
Step 5: Calculate the ending cash balance:
Start with the initial cash balance of $250,000 in the first month.
In the "Ending Cash Balance" column, subtract the cash outflows from the previous month and add the cash inflow for the current month.
Copy this formula to calculate the ending cash balance for each month.
Step 6: Format the spreadsheet:
Format the cells with appropriate currency formats and adjust the column widths for better visibility.
By following the steps above, you can develop a dynamic 12-month cash flow budgeting/forecasting tool.
This tool will help you project your cash inflows and outflows based on the initial sales, growth rate, and collection percentages provided.
It will allow you to analyze and plan your cash flow effectively, assisting in making informed financial decisions.
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what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answers
Answer:
b
Explanation:
hope itttttt helps
snack Ska BMX she
a bar of soap is unmerchantable if stepping on it would cause its user to slip and fall.
False
True
Answers
It is accurate to say that a bar of soap cannot be sold if stepping on it would result in a slip and fall.
Is it possible for implicit guarantees to result from trade usage?An implied warranty could result from a previous transaction or custom in the industry. This warranty applies to every sale of goods made by a business that deals in similar goods. "Reasonably suited for the ordinary purposes for which such items are used" is a requirement for commodities to be considered merchantable.
Describe Merchantability?Merchantability explanations. the condition of being suitable for sale; able to be purchased or sold. type: for sale. the quality of being offerable for purchase; displayed or offered for sale. state is the kind.
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Deciding on the best means of transportation depends on ____.
a.
comfort, convenience, and safety
b.
personal preferences and income
c.
transportation needs and available choices
d.
All of the above.
Answers
Answer:
all of the above
Explanation:
because it needs to be affordable safe and comfortable
Answer:
answer: all of the above.
If the reserve ratio is 10%, a bank with $50 million in deposits holds reserves of at least:____.
Answers
If the reserve ratio is 10%, a bank with $50 million in deposits holds reserves of at least $5 million.
The Reserve Ratio: What Is It?The reserve ratio is the percentage of reservable liabilities that commercial banks must retain and not lend or invest. The country's central bank—in the US, the Federal Reserve—determines this criterion. The term "cash reserve ratio" is also used to describe it.
The reserve requirement, which is also referred to as the reserve ratio occasionally, refers to the minimum amount of reserves that a bank must maintain. Federal Reserve Board Regulation D lays out the reserve ratio. Banks must submit recurring reports to the Federal Reserve under Regulation D, which established a set of uniform reserve requirements for all depository institutions having transaction accounts.
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The difference between the flow and the stock of fdi is the ___________ fdi.
Answers
Answer:
net
Explanation:
The difference between the flow and the stock of FDI is the "net" FDI.
Ryanair advertised the lowest rates in Europe with fares of $12 between Paris and Munich. However, when Bill arrived at the airport, he had to pay $28 in taxes, $25 for one small carry-on bag, $6 for a non-alcoholic beverage, and $2.50 to use the restroom on the plane. Between Ryanair and the customer there is a ______ gap.
Answers
Answer:
Explanation:
Communication gap
a private port authority contracted with a company that manufactures and operates cranes to assist with loading and unloading containers from ships docked at the port. one of the company's cranes was defectively manufactured. due to this defect, a container was dropped, injuring an individual below. the individual sued the port authority, alleging negligence. neither the individual nor the port authority notified the crane company of this lawsuit. the port authority settled its claim with the individual before trial for a reasonable amount. the port authority seeks to recover the cost of the settlement from the crane company under a breach-of-contract action. is the port authority likely to prevail?
Answers
The answer is that the Port Authority is not likely to prevail.
Here's why: In this situation, the port authority settled with the individual prior to going to trial, and neither the Port Authority nor the individual notified the crane company of the lawsuit.
The Port Authority now seeks to recover the cost of the settlement from the crane company under a breach-of-contract lawsuit. Since there was no prior notice given to the crane company, the Port Authority might not succeed.
The contract may need provisions that require the crane company to reimburse the port authority for the harm caused to others in such cases. If this is the case, the Port Authority may have a valid breach of contract case against the crane company.
However, if such provisions are not included in the contract, the Port Authority's lawsuit might not succeed in court.
Hence, the Port Authority might not be successful in recovering the cost of the settlement from the crane company under a breach-of-contract action.
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You have been asked to advise the Executive Director on how to proceed in the face of the possibility of this long-term care facility becoming unionized. You know that there is a union information meeting that some employees will be attending. You also know that the call for unionizing this particular workplace is something that probably won’t take place, given the positive compensation practices that are already in place and the pretty good work environment. At the same time, you know that, as the representative for the employer, you need to be very careful in what you say and do so as not to appear to be engaging in unfair labour practices. How will you advise the Executive Director on the do’s and don’ts in order to ensure that the employer does not inadvertently violate unfair labour practices? What will the consequences be if the employer does commit an unfair labour practice?
Answers
Advise the Executive Director to respect employees' rights and avoid actions that may discourage unionization. Committing unfair labor practices can result in legal challenges, penalties, and reputational damage.
To advise the Executive Director on navigating the possibility of unionization without engaging in unfair labor practices, it is important to follow certain guidelines. Firstly, emphasize the importance of respecting employees' rights to discuss and attend union meetings without interference or intimidation. Advise against any actions or statements that may be perceived as threatening or discouraging employees from unionizing. Encourage maintaining open lines of communication and addressing employee concerns promptly and fairly to address any potential underlying issues. Remind the Executive Director to avoid making promises or granting special favors to dissuade union support, as this can be seen as unfair labor practices. Consequences of engaging in unfair labor practices may include legal challenges, complaints filed with labor boards, financial penalties, and damage to the organization's reputation.
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producers have little incentive to produce a public good because a. the social benefit is less than the social cost. b. there is a free-rider problem. c. the social benefit is less than the private benefit. d. there is a tragedy of the commons
Answers
Producers have little incentive to produce public goods because the social benefit is less than the private benefit. The correct option here is c.
What do you understand about social benefits?Social benefit is the transfers received by households intended to provide the needs that arise from certain events or circumstances. For instance unemployment, housing, family circumstances or sickness.
Social benefits also mean the total benefit to society from producing or consuming a good service. It includes all the private benefits in addition to any external benefits of production or consumption.
Social benefits are arranged to suit the demands of the whole society and not just a part of it.
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the opening paragraph of a solicited proposal should contain all of the following except ________.
Answers
The opening paragraph of a solicited proposal should contain all of the following except "irrelevant personal experiences or anecdotes."
The opening paragraph of a solicited proposal should contain all of the following except any information that is not specifically requested by the client or information that does not directly relate to the client's needs or concerns. The opening paragraph should typically provide an overview of the proposal, acknowledge the client's request, and establish the writer's credentials or expertise. Additionally, it should briefly outline the proposed solution and emphasize the benefits of the proposed solution to the client. Therefore, the opening paragraph of a solicited proposal should not contain irrelevant or unnecessary information that does not serve the purpose of the proposal.
The opening paragraph should include:
1. A clear statement of the problem or need that the proposal addresses.
2. A brief description of your proposed solution.
3. An explanation of why your organization is qualified to address the issue.
4. A summary of the expected outcomes and benefits of the project.
Remember, it's important to keep the focus on the problem at hand, your proposed solution, and the benefits of your proposal rather than including irrelevant personal experiences or anecdotes. This will ensure that your proposal is concise, professional, and focused on the topic.
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Which measure refers to the discount rate that causes the net
present value of a project to equal zero?
- Accounting return
- Discounted cash flow
-profitability Index
-Internal rate of return
Account
Answers
The measure that refers to the discount rate that causes the net present value of a project to equal zero is Internal Rate of Return (IRR).
Internal Rate of Return is also known as time-weighted rate of return, or the discounted cash flow rate of return. It is defined as the discount rate that makes the net present value of all cash flows from an investment equal to zero. The Internal Rate of Return (IRR) is an investment metric that is widely used. It is used to assess the profit potential of prospective investments or projects. It is a discount rate that is used to calculate the net present value (NPV) of cash flows from a project or investment. When the net present value (NPV) of cash flows from a project is equal to zero, the Internal Rate of Return (IRR) is obtained.
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maggie corporation has a selling price of $25 per unit, variable costs of $12 per unit, and fixed costs of $140,400. how many units must be sold to break even?
Answers
Maggie Corporation must sell 10,800 units to break even.
In economics, business, and especially cost accounting, the break-even point is the point at which total cost and total income are equal, i.e. "even". There is no net loss or gain, and one has "broken even," despite the fact that opportunity costs were incurred and capital got the risk-adjusted, expected return.
To calculate the break-even point for Maggie Corporation, you can use the following formula:
Break-even point in units = Fixed Costs / (Selling Price - Variable Costs)
Plugging in the values provided, we get:
Break-even point in units = $140,400 / ($25 - $12)
Break-even point in units = $140,400 / $13
Break-even point in units = 10,800 units
This means that at this sales volume, the revenue generated from sales will equal the total costs, and the company will not make a profit or a loss.
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Which stage of new product development would you be most interested in participating in? Explain.
Answers
Answer:
prototyping
Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answers
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
robert, who's 17 years old, signed a contract to purchase stan's house. stan didn't realize robert was underage until robert's mother figured out what was happening and called robert's agent. because robert is a minor, the contract is voidable by whom?
Answers
Since Robert is a minor (under the age of 18), he is considered to lack legal capacity to enter into a contract.
What is a Contract law?Under contract law, a minor is generally considered to lack the legal capacity to enter into a contract. This means that a contract entered into by a minor is voidable, which means it can be either affirmed or disaffirmed by the minor.
In the case presented, since Robert is only 17 years old and therefore a minor, he has the right to void the contract he signed with Stan, and this would release him from any obligations under the agreement. If Robert chooses to disaffirm the contract, he must return any consideration received from Stan, such as a down payment or any other form of payment. Stan would then be obligated to return any property that Robert had transferred to him, such as the title to the house.
It's important to note that while minors have the right to void a contract, the law generally seeks to protect the interests of the other party to the contract. Therefore, if a minor receives benefits under the contract, the law may require them to compensate the other party to the extent of the benefits received.
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In which of the following categories would an enterprise resource planning software MOST LIKELY be used?
A.
Internet of Things
B.
personal
C.
entertainment
D.
business
Answers
An enterprise resource planning (ERP) software most likely to be used in the category of business. Therefore, option (D) is correct.
An Enterprise resource planning (ERP) software focuses on management and integration of various business processes, such as accounting, finance, inventory management, human resources, and customer relationship management, among others.
It is commonly used by businesses of all sizes and in various industries to improve operational efficiency, reduce costs, and increase productivity. Therefore, an ERP software is most likely used in the business category.
Thus, the ideal option is (D).
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