If Paul does not transfer the title of the truck to Nadia, then she has the right to SUE FOR BREACH OF CONTRACT.
An individual has the right to sue for breach of contract if contract terms that are agreed to in the course to contract transactions are not kept. In the case given above, Paul has refused to keep to the terms of the contract and this represent a breach of contract.
Answer: the Federal Reserve System
Reserve Requirements
Explanation: The Federal Reserve System also known as The Fed is the Central Bank of the United States.
The Federal Reserve System was created by the Federal Reserve Act of 1913.
Reserve requirements is the minimum amount that Commercial Banks must have in the vaults of the Fed . The reserve requirement is set in proportion to the deposits held by commercial banks.
It is one of the major tools of monetary policy.
It is a means through which the Fed ensures stability of commercial banks.
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Answer:
When interest rates rise, the coupon rates on newly issued bonds will increase.
Explanation:
When there is an increase in the interest rate of the market so it decrease the price of the outstanding bonds due to which the new bond become costlier. Also the coupon made on the outsanding bond could not be adjusted but at the same time it can rise for the new bond so that the bond could become attractive. This is due to as the investors are interested in purchasing these bonds that provides the high coupon payment on periodic basis
Therefore the above should be the answer
4,000,000 units should be sold a company
<u>Explanation:</u>
<u>Calculating the sales in units:</u>
It has been given that the toal market demand is $20 million, average quantity purchased by buyer per year is 2 units, price average is $50, and the desired share of the market is 10%.
Where:
Q = Total market demand,
N = number of buyers in the market, q = average quantity purchased by the buyer per year,
P = price of average unit
= $2,000,000,000
Market share =
= 4,000,000 units
Hence, the company should sell 4 million units to achieve 10 percent market share.
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check: 3% of $1,333 = $40
This implies that the bond's annual interest rate = 12% (3% * 4)