bottom line. This is a direct quote from the textbook by Cengage called Employment and Labor Law.
Answer:
$6,750,000
Explanation:
Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:
Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]
= $4,500,000 + [$450,000 × 5 years]
= $4,500,000 + 2,250,000
Amount to pay = $6,750,000
Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.
Answer:
empowered
Explanation:
According to my research on employee roles and responsibilities, I can say that based on the information provided within the question in this situation we can say that the employee was empowered. This can be said because he too the initiative in order fix the problem in a way that would leave the customer happy and wanting to come back again.
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The Consumer Credit Act is protections to apply between agreements between traders and individuals, sole traders, partnerships and unincorporated associations. But not agreements made between traders and bodies.