Answer:
a. Lockheed Martin is a government contractor
b. Amtrak is a government corporation
Explanation:
a. Lock heed Martin as a Government Contractor
A government contractor is a company that does contracts predominantly supplied by the government. The contracts are financed by the government mostly from tax collection. These contracts vary in type whether it is defense or any other type of contract for that matter.
In the case of Lockheed Martin, this is a defense contractor that has been listed as one of the biggest government contractors over the years. It also has worldwide interest in aerospace and advanced technologies. This company was formed as a result of a merger between Lockheed Corporation and Martin Marietta on the March of 1995.
b. Amtrak as a government corporation
From these information it can be concluded that a government contractor is in most cases is a private company that bids for tenders from the government. The bidding process is usually open to all qualified companies. After thorough assessment of these bids, the government awards the contract to the most qualified company. In the case of Lockheed Martin, the government usually requires a specialized skills in aerospace, and defense.
A government corporation on the other hand is a huge company that is there majorly for the interest of the public. It is usually partly owned by the government therefor receives a combination of state and federal subsidies. It is also usually for non-profit purposes since it is formed for the benefit of the public. The National Railroad Passenger Corporation which does it's business with the name Amtrak is a railway corporation formed in 1971 and is partly owned by the government. It provides railway services of transporting people and goods connecting many states. It therefor serves as a government corporation.
Answer: The following statements is correct: <em><u>Bond covenants are designed to protect bondholders and to reduce potential conflicts between stockholders and bondholders.</u></em>
Bond covenants are considered to be part of the judicial bindings that forms up a bond, irrespective of the fact whether it is issued by a institution or the authorities. They are normally supposed to defend capitalist by rendering some certainty on the bond.
Answer: FALSE
Explanation: Innovations is the term used to refer to the invention or creation of new things,new ideas,new ways to solving the problems of man or to understand things or issues.
The rate of Innovation after the restoration of the Gospel is more and better now when compared to the days prior to the restoration of the Gospel. People now understand the Gospels with better knowledge,the interpretation is good and correct now.
Answer:
anything that both buyers and sellers will accept in exchange for goods and services
Explanation:
Money is anything that is accepted as payment for goods or services or as repayment of debt. According to economists, money refers to something beyond just paper bills and coins. It is a medium of exchange
, unit of account and store of value. Money can be used to transport purchasing power from one time period to another.
Answer:
Canadian dollar - Bills are often differentiated by size for the visually impaired. Larger denominations in Australia, for instance, are both taller and wider with strong contrasting colors. Euros also follow this logic, while larger notes – like the €200 and €500 – feature tactile marks too. The U.S. and Canadian dollars are currently the only major currencies with same-size notes. The Canadian dollar, however, features tactile marks on the upper righthand corner of bills, and the notes are also different colors to aid the visually impaired. While most other countries are ahead of the U.S. in making their currencies more accessible for the visually impaired, that may soon change with a new proposed $10 bill that would be the first U.S. dollar to feature tactile markings.
