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creativ13 [48]
1 year ago
6

Party a has agreed to exchange $1 million u.s. for $1.02 million canadian. what is this agreement called?

Business
1 answer:
Mrrafil [7]1 year ago
3 0

Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.

<h3>What is swap?</h3>

An agreement for a financial exchange known as a "swap" calls for one of the two parties to commit to making a given number of payments at a specified frequency in exchange for the other party making a different set of payments. These flows often react to interest payments based on the swap's nominal amount.

<h3>What is the advantage of swap contract?</h3>

Through the use of swap, one can gain access to new financial markets for funding by analyzing the comparative advantage that the other party has in that market. As a result, exchange fully utilizes the comparative advantage that parties possess. As a result, money can be collected at a lower cost from the best source available.

Learn more about Swap: brainly.com/question/14990076

#SPJ4

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I think the correct answer from the choices listed above is option A. The basic savings that will typically offer the lowest interest rate. <span>The </span>Basic Savings<span> Accounts is the most affordable interest earning savings account offered by the Bank. Hope this answers the question.</span>
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3 years ago
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Within some types of land use, business location may be determined by the type of service or products that are offered to consum
kupik [55]

Answer:

The correct answer is letter "C": supermarket.

Explanation:

A convenience store is a retail shop that offers daily-use goods to consumers such as groceries, drugs (that require no prescription), magazines, among others. Businessmen take profit from these stores thanks to the wide variety of products being sold.

In that sense, <em>supermarkets </em>would fall into this category since they match perfectly with the definition of a convenience store due to the diverse kind of goods they offer.

3 0
3 years ago
Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 50 billion cases of cola were sold ever
Georgia [21]

Answer:

U.S. Tax Burden on Cola:

The amount of the tax on a case of cola is $4 per case. Of this amount, the burden that falls on consumers is $1 per case, and the burden that falls on producers is ___$3______ per case.

The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

a. True

b. False

Explanation:

The tax burden on consumers, which is represented by the difference in the price of cola from $5 to $6 per unit is $1 ($6 - $5).  However, the cash received by producers reduced by $3 from $5  to $2.  This shows that the total tax burden on both consumers and producers is $4 ($1 + $3).

This represents a total tax burden of $4 or about 67% based on the new selling price of cola or 80% based on the old selling price of cola.

"The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers alone.   This because the price of cola would have increased to $9 per unit.  Since the demand for cola in this instance is elastic, this change in price would have caused a more than 80% change in the quantity demanded.

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3 years ago
Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because
labwork [276]

The characteristic of value that is represented here is <u>C. Situs.</u>

<h3>What is Situs?</h3>

Situs refers to the location of the property in legal terms.  The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas.  Such properties attract equivalent values based on their locations.

<h3>Answer Options:</h3>

A. Scarcity

B. Nolo Contendere

C. Situs

D. Caveat Emptor

Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>

Learn more about the location of a real estate at brainly.com/question/26010601

7 0
2 years ago
One approach to organization is putting activities that are similar under one person. ________ called this ""unity of direction.
IgorLugansk [536]

Answer:

Explanation:

One approach to organization is putting activities that are similar under one person. Fayol called this ""unity of direction."" . Fayol was the first person who outlined the functions of management. He has fourteen principles of management; Unity of directions is one of the principle which narrates that  One boss, one plan for a group, of activities having the same objective. As unity of direction principle, it leads all the members of the organization towards a common goal to achieve its objective.

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