Answer: with reserve
Explanation: If nothing is stated to the contrary in terms of an auction,an auction is presumed to be ________.
A)non-binding
B)a quasi-contract
C)without reserve
D)with reserve
E)an implied-in-law contract
An auction is presumed to be with reserve if nothing is stated to the contrary (in terms of an auction). What this means is that the seller is merely expressing or showing his intent to receive offers. In contrast, however, if an auction is without reserve, the lowest bid must be accepted by the auctioneer but if it is with reserve, the auctioneer may refuse to sell the item if he is not satisfied with the size of the highest bid.
Answer:
A. 353,150
Explanation:
To get The appropriate number of shares to be used in the basic earnings per share for 2016,
You subtract the stock that was acquired in September from the Beta company shares.
Thus
(340,000*1.06) - (29,000*3/12) = 353,150.
353,150 is the number of shares to be used for computing September 2016 shares.
Answer:
The Seller would be primarily liable
Explanation:
Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.
Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan
Answer:
The best choice of the four listed is <u>option a.</u> There is less risk that the borrower will be unable to repay the loan.
Explanation:
In an annuity loan, the payment plan is scheduled in many time intervals, meaning that you will have a lot of time to pay the lender money, no matter how small the amount is. The person borrowing is made to pay money, during this time window, many small amounts of money. Since the borrower will be paying small amount of money from time of time until he or she is done repaying, the lender has an advantage in this situation as they will not be losing money.
Answer:substitution
Explanation:The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.
when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives.
