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Mashcka [7]
2 years ago
15

What is the main reason why you need a financial reserve?

Business
1 answer:
Kitty [74]2 years ago
5 0

Answer:

Often, people who are in the habit of saving money can be seen as being overly concerned, but the purpose of having a reserve is precisely to avoid greater worries in the face of unforeseen events.

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To whom must licensees provide agency disclosures prior to entering into an agency agreement?
tiny-mole [99]

A licensee who is operating in the capacity of a party's designated agent must notify any clients of the existence of the agency relationship in writing.

<h3><u>An agency agreement is what?</u></h3>

In a legal contract known as an agency agreement, the first party, known as the "principal," agrees that the activities of the second party, known as the "agent," bind the principal to later agreements made by the agent as if the principal had made them personally.

In law, the ability of the agent to bind the principal is known as authority. A person may be compelled to pay for purchases made by a close relative using their credit card if they provide their credit card to them, which is an example of implied authority generated by an agreement.

Learn more about agency agreement with the help of the given link:

brainly.com/question/15038930

#SPJ4

6 0
1 year ago
1. According to Wallach, what is short-termism, and why is it a problem?
Aleks04 [339]

I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.

<u>Explanation:</u>

According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.

In his words, short-termism is a problem because;

  • "it prevents the CEO from buying really expensive safety equipment"
  • "prevents teachers from spending quality one-on-one time with their students".

So in summary what Wallach is saying is that short-termism prevents futuristic thinking.

6 0
2 years ago
Identify a transition moment you could use to implement a new savings plan.
murzikaleks [220]

A typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

<h3>What is a Transition moment?</h3>

A transition moment is used to described a moment between an initial state and a final state.

<h3>What is savings plan?</h3>

A saving plan is any type of financial plan which aims to encourage saving of money or value for future use.

Hence, a typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

Read more about saving plan

<em>brainly.com/question/24824652</em>

7 0
2 years ago
A property has a monthly net income of $1800, and an appraiser believes a 9 percent rate of return is appropriate for the proper
mart [117]

Answer:

estimated value =  $240000

so correct option is C. 240000

Explanation:

given data

net income = $1800

rate of return = 9%

to find out

estimated value

solution

net income annual will be  = net income ×  12 (months)

net income annual  = $1800 ×  12

net income annual  = $21,600

so estimated value will be

estimated value = \frac{net\ income\ annual}{rate}

estimated value = \frac{21600}{0.09}

estimated value =  $240000

so correct option is C. 240000

8 0
3 years ago
The required rate of return on a certain bond changes from 12 percent to 8 percent, causing the price of the bond to change from
Olenka [21]

Answer:

the bond's price elasticity = - 0.67

Explanation:

present bond value = $1100

previous bond value = $900

change in bond value = $1100 - $900 = $200

present bond percentage = 8%

previous bond percentage = 12%

% change in bond value = 8% - 12% = - 4%

Bond price elasticity = \frac{change  in bond value}{previous bond value}/\frac{change in percentage}{previous percentage}

                                  = \frac{200}{900} / \frac{-4}{12}

                                  = \frac{2}{9} * -3

                                  = - 0.67

5 0
3 years ago
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