Answer:
a. Current Account.
b. A credit to the Current Account.
Explanation:
When people go to another country for work and send the income they make back to their country of origin as remittances, this goes to the Current Account of a nation's Balance of Payments.
It would be recorded as a credit to this account because when money goes out, it goes to the credit side of the U.S. BOP as it is being exported out so is leaving the economy of the U.S.
A primary bank investment fraud scheme involves telling victims that certain financial instruments have been issued by legitimate organizations and that those investments are high-payoff and low-risk.
Investors' money will allegedly be used to purchase and trade "Prime Bank" instruments, according to Prime Bank programs. A type of investment scheme known as prime bank fraud guarantees extraordinarily high yields in a short amount of time. People assert that they have access to undiscovered financial products that they can purchase at a discount and resell for a profit. These financial products are made up in reality. By linking these products to prestigious international banks or elite-only government banking systems, people try to give the impression that they are legitimate. Investors are intentionally misled into thinking that these financial products are affiliated with reputable financial institutions.
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B) A unilateral contract.
<h3><u>What exactly is a unilateral contract?</u></h3>
In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.
While there are no promises made in a unilateral contract, there are fixed agreements and commitments between two parties in a bilateral contract. Instead, the offeror asks the offeree to fulfill a request, execute an act, or render a service.
<h3><u>What do you need to understand about unilateral contracts?</u></h3>
Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.
A task must be completed in order to accept a unilateral contract.
The unilateral agreement's act is not required to be carried out by the offeree.
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Answer:
The correct answer is letter "A": Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Explanation:
Retained Earnings is the portion of the net earnings of a company that it does not pay as dividends to stakeholders. The corporation retains this money and reinvests it or uses it to pay off a portion of its debt. <em>Retained earnings are calculated by taking the retained earnings at the beginning of the period and adding the current year's net income. Then, net losses are subtracted. The final result represents the retained earnings of the period.</em>
Answer:
B. average total cost
Explanation:
In the terms of economics, the Average total cost is the cost which is obtained by dividing the total production cost involved by the total number of output units.
The average total cost also determines the cost per unit for a product.
It helps in deciding the selling cost of the product for a specified profit margin.
