Answer:
True
Explanation:
This act is also known as the<em> Financial Services Modernization Act of 1999</em>, redefined the financial product industry in terms of making the limits between the financial institutions' area of work. Above all, it defined the customer as an individual who obtains financial products from financial institutions, primarily for personal and household needs.
Answer:
The amount of the dividends paid for the year is $45366.
Explanation:
Net income = sales - cost - interest - depreciation - (sales - cost - interest - depreciation)*34%
= $811000 - $658000 - $21800 - $56100 - ($811000 - $658000 - $21800 - $56100)*34%
= $75100 - (75100)*34%
= $75100 - $25534
= $49566
Dividends = Opening + Net Income - Closing
= $318300 + $49566 - $322500
= $45366
Therefore, The amount of the dividends paid for the year is $45366.
Answer:
The correct answer is True.
Explanation:
In law, novation is defined as the modification or termination of a legal obligation or transmission by another subsequent obligation. If it extinguishes an obligation, it is called its own or extinction novation, if it essentially modifies the preexisting obligation, it is called an improper or modifying novation.
The objective Novation is a contract whereby the party extinguishes the original obligation by replacing it with a new obligation with a different purpose or title. The institution in question apparently has the category of way of extinguishing the obligations, particularly in the unsatisfactory way as long as it does not fulfill the interest of the creditor. The debit is extinguished, but the credit was not satisfied.
It is best to scour government websites that have authority over stocks and trusts transactions.
Because the government has the ultimate authority to give permits in start-up corporations and other businesses, it is best to start your search in government websites and work on from there.
You can start with the Securities and Exchange Commission (SEC) website. You can also visit the websites of Financial Industry Regulatory Authority (FINRA), Bureau of the Public Debt, Commodity Futures Trading Commission (CFTC), <span>and </span>National Futures Association (NFA).
What Adam Smith illustrated in improvement of efficiency in
manufacturing units is through the application of specialization.
Specialization is a way of providing better service and means of focusing
production in a greater degree that could be of benefit for both consumers and
producers.