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german
2 years ago
13

The law used by cities and counties for street improvements, in which a typical example would be that the local government hires

a contractor to improve streets, and then each owner along that street is liable for paying a pro rata share of that cost, is known as:
Business
1 answer:
viva [34]2 years ago
6 0

The law for making improvements in the streets where the local government hires a contractor and each of the owners pays the cost of improvement in proportionate share is called the Street Improvement Act.

<h3>What is meant by streets?</h3>

Streets are the local surroundings of the state in which the people are living and are managed by the municipal government.

  • The Street Improvement Act was passed in the year 1911 which concerns making improvements in the streets by the local government.
  • A contractor is being hired by the government for this in which the cost of the improvement is paid by the owners.
  • The cost can be paid by the owners either within the time span of thirty days or if not paid by them, then the bonds have been sold by the government to reimburse the contractor.

Therefore, the provided law relates to the act passed in the year 1911 being called The Street Improvement Act.

Learn more about the local government in the related link:

brainly.com/question/22670499

#SPJ1

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A customer purchases 8M of City of Los Angeles 4% G.O.'s, maturing in 2038 at 95. The interest payment dates are Jan 1st and Jul
Temka [501]

Answer:

The amount customers are expected to pay $7600 per bond

Explanation:

8M implies that the municipal bond has  $8000 as its par value.

The amount a customer would is 95% of the par value

Hence, customers are expected to pay $7600 (95%*$8000)

For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.

6 0
3 years ago
Read 2 more answers
The more​ ________ used, the greater the leverage a company employs on behalf of its owners.
son4ous [18]

The more​ debt used, the greater the leverage a company employs on behalf of its owners.

<h3>What is financial leverage?</h3>

Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.

<h3>What is financial leverage example?</h3>

An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.

Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.

To learn more about financial leverage refer to:

brainly.com/question/17099821

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8 0
1 year ago
How long is boot camp for a fire fighting candidate
Trava [24]
After a 12-week program of intense classroom and physical training (hands on), it will follow along with a 21-day Boot camp.


Hope this helped!
3 0
3 years ago
According to the United Nations, there were roughly 300 million humans on the planet 1,000 years ago.
defon

Answer:

d) The answer is impossible to determine from the given information

Explanation:

One might think that the correct answer is the b) it rose. However, you should consider that the statement is comparing the lifestyle of humans 1000 years ago with modern standards of poverty. Which is not entirely correct, since 1000 years ago <u>antibiotics had not been discovered, nor had processes developed to purify water, much less invented means of transport such as train or cars</u>. It is possible that 1000 years ago, lacking these comforts wasn't an indicator of poverty as it is today, basically because at that time in history those things didn't exist.

7 0
3 years ago
Corporate shareholders are best protected from incompetent _______.
nirvana33 [79]

Answer: A

Explanation:

Management decisions by the ability to engage in proxy fights. A proxy fight, also known as a proxy contest or proxy battle, refers to a situation in which a group of shareholders in a company joins forces in an attempt to oppose and vote out the current management or board of directors. In other words, a proxy fight is a battle between shareholders and senior management for control of the company.

Corporate shareholders are best protected from incompetent management decisions by the ability to engage in proxy fights.

3 0
3 years ago
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