Answer:
A) Shifty has $5,000 of income when Easy cancels the debt.
Explanation:
Since Shifty originally owed $10,000 to Easy, if the debt is cancelled by paying just $5,000, the remainder of the debt would be considered income by Shifty (= $10,000 - $5,000). On the other hand, Easy should consider a $5,000 loss on the uncollected amount.
Answer:
The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of:
E. A and C
(A. The advent of managed care and C. Technological advances).
Explanation:
Affordable Care Act produced a managed care system that aligns financial incentives to better care at lower costs. This has eliminated the need for in-patient admissions. This is because the Affordable Care Act also created Accountable Care Organizations (ACOs) which in turn are focused on boosting preventive efforts in order to attain quality goals. With preventive healthcare, there is reduced need for in-patient admissions to utilize the hospital beds.
Another factor that has reduced in-patient admissions is the prevailing technological advances, especially in the areas of telehealth and telemedicine. These have also drastically reduced the need for in-patients at hospitals, thus freeing more hospital beds as patients can now receive healthcare services from even remote locations.
Answer:
The face value is $4,000.
Explanation:
The face value of a bond is also called its spar value. It is the price of the bond when it is issued first. The price of a bond changes with changes in the interest rates but the face value remains constant.
Here, the price of the bond when it was issued for the first time is $4,000. so its face value is $4,000. The price at maturity is $5,000. The bond is being discounted at a premium or above par value.
<span>
<span>True.
Risk in investment can be defined as the possibility that the investor may
lose a big portion or all of the initial investment or make very high returns
in a short period. Risk which is often likened to volatility dictates that
the higher the volatility the higher the chances of returns. Speculative
investments such as leveraged ETFs(commodities such as gold, oil, silver),
options, venture capital trusts are considered high risk and often so offer
handsome returns or cost the investor all or even more of their initial
capital. It is however important to note that high risk does not
automatically translate into high returns. The intrinsic value of the
investment vehicle among other factors need to be considered in depth to
determine if the investment is worth the risk</span></span>
Answer:
b) false
Explanation:
This could be considered a bilateral and executory contract because both parties agreed to perform and exchange consideration in the future (in this case, Saturday). But it cannot be considered an implied contract.
E.g., an implied contract happens when you enter a movie theater and a commercial relationship is established where the movie theater must allow you to see a movie and you must pay your ticket for doing so. The same applies for other public places restaurants, theme parks, etc.
But in this case, Valerie's house is not a place where any person is free to attend. You cannot just go into Valerie's house and start cleaning so that she pays you $50.
Implied contracts might also result from previous performances, e.g. Teresa cleans Valerie's house every Saturday for almost 2 years now. The past performance might result in an implied contract, but this wouldn't be the case here either.
