if a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed-True
<h3>bailment</h3>
A bailment is a form of the legal relationship that focuses on the contractual transfer of assets or property from a bailor to a baile who voluntarily but temporarily gives up possession but not complete ownership. Even though no contract is formalized, a bailment is a type of contractual relationship. The person receiving the property (the "bailee") has custody and control over it for a certain amount of time, during which he or she is responsible for taking reasonable care of it.
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Project Stakeholders can be entities that have an interest in a given project.
Answer:
Yes this sequence of transaction is considered as a day trade.
Explanation:
As per the definition of the day trading, <em>Day trading is defined as the purchase and sale of a security within a single trading day. It can occur in any marketplace but is most common in the foreign exchange (forex) and stock markets.</em>
As per this definition, the trading has to be done such that the purchase and sale is made on the same day. As indicated in the question ,this is the case so the given sequence of transactions is a day trade.
Answer:
The correct answer is:
- Conduct monetary policy;
- Ensure that the financial system is stable;
- Provide banking services to commercial banks, depository institutions, and the federal government.
Explanation:
A central bank is the apex monetary authority in a country. It plays several crucial roles in the smooth working of the economy.
- A central bank issues currency on behalf of the government.
- It formulates monetary policy on behalf of the government.
- It acts as a banker for the government.
- It acts as a banker for commercial banks.
- It supervises all financial institutions.
The role of providing services to businesses and consumers is played by commercial banks. Fiscal policy is formulated by the government. The responsibility of ensuring the growth of the economy also falls with the government.
Explanation:
Is the seller licensed?
Is the investment registered?
How do the risks compare with the potential rewards?
Do you understand the investment?
