Answer: C
Explanation: $39,746 made each year over two years would be over $54,000
I think the answer for this statement is true but I’m not sure
Answer:In this case the buyer is <u><em>not bound by the contract</em></u> because <em><u>"this contract may not be assigned" means that duties may not be delegated, and the seller delegated a duty.</u></em>
Here, the agreement is particularly defined by a provision that clearly states that: “This contract may not be assigned, and any violation of this prohibition voids the contract.” Therefore, if after the contract is signed and thus the production of the commodity is overtaken by another manufacturer , then the buyer's claim is right and he is not bound by the contract.
<em><u>Therefore, the correct option is (A).</u></em>
Answer:
In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?
The term is called:
lender of last resort.
Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?
The term is called:
deposit insurance.
Explanation:
Central banks play important roles in the economy. They conduct the economy's monetary policy, regulate other banks, and provide various other financial services, including economic research. They stabilize the nation's currency by ensuring that unemployment is kept low and also prevent economic fluctuations.
