Answer: b. people face trade-offs
Explanation:
From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.
We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.
Correct Question: Under current accounting practice, intangible assets are classified as
a. amortizable or unamortizable.
b. limited-life or indefinite-life.
c. specifically identifiable or goodwill-type.
d. legally restricted or goodwill-type.
Answer:
B, limited-life or indefinite-life
Explanation:
By defiinition, Intangible assests are assests that cannot be physically felt. it can also be said to be assets that are non physical in nature. This kind of assets include goodwill, image rights,brand recognition, copyrights, etc.
All of the above examples of assets are deemed intangible because they have no exact expiry or end date. It can either last for a long time or a short time. Assets like reputation are classified as intangible because it cant be felt and it doesnt have an exact end date. It is therefore a kind of asset that has limited-life or indefinite-life.
Cheers.
Answer: A. low degree of substitutability.
Explanation:
Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.
Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.
Answer:
The insurer shall be held liable
Explanation:
For any published or displayed content which relates to the insurer or it's products, the insurer shall be made liable for any inappropriate content.
In cases wherein the advertisement function has been assigned to an insurance agency, even in such a scenarios, the sole responsibility rests with the insurer and it's their primary responsibility to check upon the content advertised.
Thus, if any inappropriate content or misleading claims are made, it shall be assumed those have been issued by consent of the insurer and the insurer cannot escape this liability.
Answer:
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%
Explanation:
Nominal Annual Rate of return = 
Annual Dividend per share = $3 per quarter
4 = $12 per share
Current price per share = $125
Par Price per share = $100
Thus Annual Rate of return = $12/$100 = 12%
Effective Annual Rate of Return = 
=
= 9.6%
Final Answer
Annual Rate of Return = 12%
Effective Annual Rate of Return = 9.6%