Answer:
The correct answer is letter "B": identity theft
.
Explanation:
Identity theft refers to the act of using other people's information to obtain usually a financial advantage. Full names, social security numbers, phone numbers or any other individual information is stolen from others to be used in favor of the criminal.
Answer:
True
Explanation:
STRIPS are zero coupon bonds, and the advantage of them is that they allow an investor to know exactly how much money they will receive at a future date.
The investor purchases the STRIPS at a discount value, which we are not told here. E.g. assuming that the discount rate is 5% (similar to (4), the price of the STRIPS = $50,000 / (1 + 5%)⁶ = $37,311.
Answer:
The correct answer is A
Explanation:
The Cash payments for the month of may is computed as:
Cash payment = Cash balance on May 1 + Cash received during the month - Cash balance increased
where
Cash balance on May 1 is $30,000
Cash received during the month is $47,000
Cash balance increased is $33,000
Putting the values above:
Cash payments = $30,000 + $47,000 - $33,000
= $77,000 - $33,000
= $44,000
Answer:
A. The definition of a market in determining the price elasticity of demand.
Explanation:
Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.
Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.
Alternatively, consumers would demand for the brand that falls within the limit of their spending.
Answer:
Trade salesperson.
Explanation:
Trade salesperson: They are the person who keeps in touch with the retailer and helps them to display, advertise and sell a product to the end-user. They also advise retailers on how to push the product in the market and introducing new strategies to promote its product. In the recent era of the supermarket, it is important to position the product at the right place to make it visible to the customer and the right price to make it affordable to the target customer.
