High-level appellate courts are also referred to court of last resort. It is refers to a court of final appeal in a jurisdiction. The court of last resort is a legal term that can be simplified as the court of the highest authority. The most common term that you can always equate to this is supreme court.
Options:
A. Subjective statement
B. Misrepresentation of a fact knowing that it is false.
C. Puffery
D. Seller's talk
Answer:B. Misrepresentation of a fact knowing that it is false.
Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.
Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.
Answer: OPTION C
Explanation: Observation is a data collection method under which the analyst tries to gather the knowledge about the subject data by observing the different phenomena related to the data .
A. Purpose must be disguised as the observations are done for the collection of data and can affect the judgement of observer.
B. A natural setting is necessary or there might be some unfair results in observation.
C. Anonymity is not desired as it could hide some important perspectives of the subject leading to false observations.
D. Memory decay is a factor in considering observation as it can result in improper results.
E. Observation can not be done on quantitative data.
Answer:
The beta coefficient for Stock L that is consistent with equilibrium
Explanation:
According to Capital Asset Pricing Model, the formula to compute expected rate of return is equals to
Expected rate of return = Risk free rate of return + Beta × (Market risk - risk free rate of return)
where,
rRF = risk free rate of return
rM = market risk
Stock L that is consistent with equilibrium is expected rate of return which equals to = 9.25%
So,
9.25% = 3.6% + Beta × (8.5% - 3.6%)
9.25% = 3.6% + 4.9% Beta
9.25% - 3.6% = 4.9% Beta
5.65% = 4.9% Beta
Beta = 5.65% ÷ 4.9% = 1.15
Hence, the beta coefficient for Stock L that is consistent with equilibrium is 1.15
Answer:
A. Both are provided by your employer at the employer’s expense.
Explanation:
Disability insurance is a type of insurance that covers a worker providing a source of income in an event that the worker would not be able to continue work as a result of a disability. Employers usually offer disability insurance for their employees.
Life insurance is a type of insurance in which the insurance company pays a beneficiary a death benefit upon the death of an insured person. Employers usually offer disability insurance for their employees.