Answer: not permitted because the agent must not deceive the customer by misstating a material fact.
Explanation:
From the question, we are informed that a customer asks an agent for a valuation of his securities portfolio and that because the agent does not want to cause the customer to panic and sell his shares at a loss, the agent inflates the value of the stock.
It should be noted that under the Uniform Securities Act, this action is not allowed because the agent must not deceive the customer by misstating a material fact. An agent should not deceive a customer and ethical behavior is also required.
Answer:
False
Explanation:
Depreciation for on straight-line method:
Cost price: $ 95,000.00
Residual value: $ 5,000.00
Depreciable amount = $ 95,000- $ 5000
= $90,000.00
Depreciation per year= 1/5x 90,000
=0.2 x$ 90,000
=$18,000.00
Answer:
0.00573
Explanation:
Cost of the bond today = $99.43
Value of bond at end of year = $100
Difference = $100 - $99.43 = $0.57
This $0.57 represents earnings on such bond value, that is yield on the bond.
Thus, yearly yield = $0.57/$99.43 = 0.00573
This value represents the discount rate of 1 year on $100 that is for which present value $99.43.
Final Answer
0.00573
Answer:
Psychological factors.
Explanation:
Buying the nicest and most expensive shoes may not actually help Jim be a better basketball player. Jim's choices are not based in rationality but in the psychological belief that nice shoes will give him an advantage.
The name of the contract is CALIFORNIA SALES CONTRACT AND CIVIL CODE. This contract is majorly used for purchase of lands in California. The conditions attached to the use of the contract has make it less attractive to people who desire to purchase landed properties in California.
