Answer:
B. Executive Order 10427 authority emphasizes that Federal disaster assistance is intended to supplement, not supplant, the resources of State, local, and private-sector organizations
Explanation:
An executive order is a directive issued by the President of a sovereign state that has the full backing of the law. It is always directed to the executive arm of the government. An executive order has a legal and constitutional basis and therefor enforceable. There are many executive orders that have been signed by the United States for various reasons depending on the purpose and the president who signed the order into effect. An example of such order is the Executive Order 10427.
The Executive Order 10427 was signed into effect on the 16th of January 1953 by then President Harry. S. Truman. The order is titled, 'Administration of Disaster Relief.' The report in general gave the authority to the federal agencies to offer disaster assistance to those affected by natural disasters. In section six of the Executive order, it elaborates the nature of administration of the Executive order. The section quotes,"Federal disaster relief provided under the act shall be deemed to be supplementary to relief afforded by State,
local, or private agencies and not in substitution therefor."
Answer:
Borrowers need capital in order to invest and start businesses. They can be both companies and individuals.
Savers on the other hand have capital and want to grow it so they need to find a way to get it to Borrowers who will then use it to invest.
This is where Financial institutions such as banks and mutual funds come in. They act as intermediaries and collect money from the savers and pool it together so that it becomes a significant amount. Borrowers then go to these institutions and present their plans to justify their need for capital.
If the plans are within an allowable risk threshold, they get the funds and then pay it back with interest as the business progresses thereby making money for both themselves and the savers.
Solution :
To,
John Gordon,
Castle Iron Works,
256 NW Fox Street,
Portland
Date : 16th Feb 2021
Subject : NW 23rd neighborhood Iron Gate not working properly which is within warrantee period.
Dear Sir,
One of our tenant at 921 NW 23rd Avenue, Portland, or 97210 has complained about the iron gate that was installed by Castle Iron Works. The doors was installed on the 20th of August and so it is within warrantee period for a one year. Please find the enclosed herewith the copy of the invoice of the Castle Iron Works.
The customer had complaint that the two gates does not match in height and the owner is finding difficulty in closing and opening the gate. Also to mention , in some parts of the iron gate is seen with some rust bleeding.
Therefore you are requested to inspect the gate immediately and please provide remedy for the issue.
Thanking You
For NCP, New Century Properties
Portland, Oregon.
That fees are called the Closing costs
These payment usually being done when both the buyer and the seller close the deal.
Closing costs can be incurred by either buyer or the seller, such as :
- Attorney fees
- Survey Fees
- documentation fees
- Home Warranties , etc
Answer:
balance sheet
liabilities
note payables (current portion) 44,000
non-current liabilities
long-term note payable 178,000
Explanation:
On December 31,2020 there will be a portion of the note that will be declared as current liability while another non-current as within 12-months there is payment due (to be more precise next day after the balance close)
Thus 222,000 - 44,000 = 178,000 long-term
while the 44,000 are declared short-term