Answer:
C) Friday, midnight
Explanation:
In this case, the homeowner is considered a borrower, and federal law gives borrowers three full business days after signing mortgage documents to rescind any loan. Since the loan documents were signed a Tuesday, the borrower has until Friday, midnight to cancel any deal (3 days = Wednesday, Thursday and Friday).
The answer is B Market Basket.
Answer:
C. leftward shift of the demand curve.
Explanation:
A normal good is a good whose demand increases when income increases and falls when income falls.
The demand curve is represented as downward sloping curve. It slopes downward because the higher the price, the lower the quantity demanded and the lower the price, the higher the quanirty demanded.
A fall in demand is represented by a leftward shift of the demand curve. A rise in demand is represented by a rightward shift of the demand curve.
Factors that leads to a leftward shift of the demand curve:
1. Decrease in income
2. Change in taste - if consumers prefer other products
3. Season
4. Fall in price of substitutes
I hope my answer helps you
Answer:
d. Both Ted and Kate are entitled to the dividend.
Explanation:
There are 3 important dates when a corporation declares a dividend:
- The declaration date: in this case June 20th. It is the date when the corporation declares that it will pay a certain cash dividend.
- The date of record: the date of record is one day after the ex-dividend date, which means that the stockholders that the stock until the ex-dividend date will be entitled to receive the dividend. The stockholders that purchase the stock on the record date or any date after the ex-dividend date, will not be entitled to receive the dividend. In this case, the ex-dividend date was July 11th, and both Ted and Kate purchased the stocks before that date.
- The date of payment: the actual date when the dividends are distributed, in this case, August 1st.
The first advice I would give Mr. Peterson would be to formalize the transfer. So the first step in this situation would be to contact a good lawyer to see if the transfer of business to your child would be authorized. This is because the transfer of LLCs has rules that may differ from one location to another.