This statement is false. The demand for money is higher in Japan than in the United States because the average price level is lower in Japan.
Option B
For the cost of repairing the damage to the tank, Metro is most likely to be awarded compensatory damages.
<u>Explanation:</u>
Compensatory damages are funds granted to a plaintiff to recompense for losses, damage, or added provoked loss. To acquire compensatory damages, the plaintiff has to demonstrate that a loss transpired and that it was attributable to the appellant.
The plaintiff must also be suitable to quantify the value of loss in the sights of the judge. Actual damages are meant to contribute funds to simply restore what was lost. General compensatory damages granted are more complicated, as these compensatory damages do not factor a financial payment
It can be deduced that a situation where the borrower is personally liable for a debt obligation when buying a home is known as a recourse loan.
<h3>What is a recourse loan?</h3>
It should be noted that a recourse loan simply means a situation when the borrower is personally liable for payment of all amounts that are due under the terms of the note.
In this situation, when a property that is encumbered by a mortgage is sold for an amount that is more than the value of the mortgage, then the mortgagor will not be obligated to pay the mortgagee the balance that's remaining.
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Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the given data are as follows:
Purchase Bonds = 60
Purchased bonds value = $60,000
So Purchased value of 30 bonds = $60,000 ÷ 2 = $30,000
Sold 30 bonds at value = $32,000
So, we can calculate the gain on sale by using following formula:
Gain on sale = Sold 30 bonds at value - Purchased value of 30 bonds
By putting the value, we get
= $32,000 - $30,000
= $2,000