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2 years ago

What will help a person with power of attorney make good decisions?

1 answer:

6 0

An understanding of how to take care of his/ her family members will enable a person to make good decisions on his /her power of attorney.

Option D is the correct answer.

<h3>What is a power of attorney?</h3>

The power of attorney is a kind of legal document where an individual handover his/her decision-making power to another trusted person. It is also known as will.

In the power of attorney or will, the senior-most member of the family will designate all his powers relating to decision-making to his son or daughter or guardian, if he doesn't have his own child. It also involves taking care of all assets or properties of him at the time of his death or when he is not physically able to handle all of their routine matters.

Therefore, the power of attorney helps an individual to take care of his/her family by making good decisions.

Learn more about power of attorney here:

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A company enters into a short futures contract to sell 5000 bushels of wheat for 571'4 cents per bushel. The initial margin is $

zalisa [80]

Answer:

563.4 cents

Explanation:

A margin call occurs when the margin of an investment falls bellow the maintenance margin.

In this problem, the production costs for 5,000 bushels are given by:

$Margin = Price*units -Cost\\\$1,500=\$5.714*5000 - Cost\\Cost = \$27,070$

The price per bushel that yields a margin of $1,100 is:

$\$1,100=Price*5,000- \$27,070\\Price =\$5.634=563.4\ cents$

You will receive a margin call at a price of 563.4 cents per bushel.

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3 years ago

Which of the following is a false statement? Brokers are paid a fee for their agent services; dealers earn the bid-asked spread

Natalka [10]

Answer:

less volatile the price of a security, the wider the bid-asked spread.

Explanation:

From the answers listed in the question the one that would be considered false would be that the less volatile the price of a security, the wider the bid-asked spread. This is because the bid-asked spread usually depends on the liquidity of the asset, when the asset has a large enough liquidity which causes the volatility to be low the bid-asked spread becomes very narrow since there is not much demand for buyers willing to pay higher prices for the asset in question. The opposite occurs if an asset is very popular and volatility is high which creates a much wider bid-asked spread.

3 0

2 years ago

Item1 1 points eBookPrintReferences Check my work Check My Work button is now enabledItem 1Item 1 1 points Assume the perpetual

artcher [175]

Answer:

$11,510

Explanation:

Calculation for the gross margin amount from the four transactions

First is to find the Cost of goods sold

Cost of goods sold = ($13,900 - $3,400) × (100%-2%)

Cost of goods sold=$10,500*0.98

Cost of goods sold=$10,290

Last step is to find the gross margin amount using this formula

Gross margin amount=Sales revenue - Cost of goods sold

Let plug in the formula

Gross margin amount=$21,800-$10,290

Gross margin amount=$11,510

Therefore the gross margin amount from the four transactions will be $11,510

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3 years ago

Ryan filed a lawsuit against his previous employer because he was fired without warning. Which of the following events most like

Anastasy [175]

Answer:

D. Ryan was fired from the company without prior notice.

Explanation:

none of the other answers make sense.

5 0

2 years ago

Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed persons cannot recover paym

guapka [62]

Answer:

If a statute is silent on this point, enforcement depends on whether it is a(n) REGULATORY statute or a revenue-raising statute.

Explanation:

Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.

8 0

3 years ago

Read 2 more answers