Answer:
The defense was not valid as per court.
Explanation:
The Indiana requirement of having license before initiating a credit business is to be fulfilled before starting the transactions and according to the customs when starting such business, a research is properly done to avoid any future claims and get firsthand knowledge of business initiation process.
Flinn’s statement to be unaware of the fact that it is necessary to get license, and non-criminal intentions are not justifiable as per the law because law is more of explicit things rather than implicit, i.e. acts and intentions, respectively.
So, the defense is not justifiable.
Answer:
The correct answer is option d.
Explanation:
The marginal tax rate is the ratio of change in the tax rate and change in the tax base. In other words, it is the ratio of change in an individual's tax payment and change in his/her taxable income.
It can be defined as the tax rate on an additional dollar of income. If the marginal tax rate increases with the increase in income, the taxation system is progressive.
Answer:
The correct answer is letter "A": It earns interest, plus it earns interest on the interest.
Explanation:
In banking, <em>the money individuals save in their accounts is used by the financial institutions in different investment instruments </em>being the most basic lending those sources to other individuals or institutions. Account-holders, though, benefit from the interest rate set at the moment of selecting their bank accounts. If a compounded interest rate was chosen, <em>the account holder will get interest over the interest that the bank computes periodically</em>.
Banner can sue Sylvia for breach of contract.