In order for a court to exercise authority over a particular dispute", "there must be an actual case or controversy", the case must be ripe for resolution, and the parties must have <u>Standing </u>to bring the case.
Explanation:
The term <u>Standing</u> is also referred to as <u>Locus Standi. </u>
<u>The term refer to the ability </u>of a party to provide sufficient proof to the court about the harm caused to the party due to the legal action challenged in the court.
The Doctrine of Standing or standing to sue, is a court-created “doctrine” helps to determine whether or not the court will hear a particular federal lawsuit.
<u>The doctrine of standing has three elements: </u>
(1) The plaintiff who has suffered a concrete injury;
(2) that injury is fairly traceable to actions of the defendant
(3) it must be likely—that the injury caused will be redressed by a favorable decision
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
IRR 1.50%
It will receive 300,000 dollars when:
250,000 is return of capital and 50,000 will be considered profit.
Explanation:
1,000 x 300 months = 300,000 dollars
The IRR will make the payment match the present value of the $250,000 principal
That will be the yield of the investment.
C 1,000.00
time 300
rate 0.001251129 ( we solve for the rate using excel goal seek or a financial calcualtor
PV $250,000.0000
Now, as this are monthly payment we multiply by 12 to get the annual convertible rate:
0.001251129 x 12 = 0.015013551
rate = 1.50% per year
Answer:
The one with the larger sample size
Explanation:
Larger sample sizes provide more accurate mean values, identify outliers that could skew the data in a smaller sample and provide a smaller margin of error.