The FDIC is the body that is responsible for ensuring that the banks of the US are safe to use.
<h3>What is the FDIC?</h3>
This is the federal regulator of banks in the United states. This body helps to ensure that insured banks and savings associations are supervised.
It stands fully for Federal Deposit Insurance Corporation. It also helps to protect the customers of the banks.
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Answer:
Market targeting
Explanation:
Market targeting is a process of selecting the target market from the entire market. Target market consists of group/groups of buyers to whom the company wants to satisfy or for whom product is manufactured, price is set, promotion efforts are made, and distribution network is prepared. Market targetting involves breaking a market into segments and then concentrating your marketing efforts on one or a few key segments.
Answer:
b. 0.77
Explanation:
The formula to compute the loan to value ratio is shown below:
= Loan amount ÷ Purchase price
= $1,000,000 ÷ $1,300,000
= 0.77
It shows a relationship between the loan amount and the purchase price so that the accurate ratio can come
All other information that is given is not relevant as it is related to the debt yield ratio. Hence, ignored it
Answer:
b. a written, signed offer by anyone to buy or sell goods.
Explanation:
Under the provisions of Article 2 of Uniform commercial code, whenever a merchant as defined by the act, signs a written document whereby he promises to buy or sell goods, such an offer gives rise to a firm offer which cannot be revoked.
The three important conditions for an offer to be termed as a firm offer would be, the agreement must be in writing and secondly, it must be signed by the party and most importantly it must state a promise to perform an act of buying/selling.
Answer:
The buyer doesn't have any obligation to give a bonus to the seller's agent, nor the seller's agent have any right to request some type of payment from the buyer regardless of what tasks he/she performed. But if the buyer decides to give a bonus to the agent because he/she wants to (for whatever possible reason), both parties must fully disclose in writing the circumstances regarding the payment.