Answer:
No
Explanation:
Based on the information provided it can be said that No, Delta Tools Inc. does not have an ethical duty to remove the product from the market. Their ethical duty is to provide ample instructions and warnings for the user. If this is done correctly then the responsibility falls under the consumer to use the product as it is intended and protect themselves from any injuries that may occur due to misuse since they have been warned.
<span>Rapidly growing economic markets and improvements in technology are powerful forces that are creating global expansion of entrepreneurship.There is a growing middle class in places such as China, who have more money to spend than ever before and thanks to quick communication such as phones and laptops people can make deals and sell products as fast as ever.</span>
Answer:
1680 shares
Explanation:
Given that
Sales charge = 4%
Net asset Value = $20
Amount = 35,000
Therefore,
Amount paid for sales charge
= 35000 × 0.04
= 1400
So,
The customer is left with 33,600 to buy shares .
Since NAV of the mutual fund = $20
So,
Number of shares = 33600 ÷ 20
= 1680 shares.
Note: in mutual fund open end investments, customers invest buy buying shares at net asset value (NAV). Hence why NAV was used in the calculations.