Answer:
d. 1,2,3
Explanation:
Current assets or liability is any transaction which provides benefit or is an obligation for one year. There are transaction related to interest expense and interest receivable in Country A. These transactions are assumed to provide benefit for one year. The import is also considered and incorporated in current account because it will provide monetary value for less than a year.
The correct answer is B) Before acceptance of the deed.
Explanation:
The deed is a legal document that ratifies the ownership of a property; in this way, the document is used in the process of buying a property to show the buyer is the new owner. Besides this, once the deed is accepted and signed the property does not belong to the original owner, and therefore, she/he has not any responsibility related to the title. This means after the deed the buyer cannot object any defects in the title. Thus, any objections or new conditions in the process of buying the property should occur before acceptance of the deed.
Answer:
The correct option is D
Explanation:
Amount which is received from the buyer is computed as below:
Amount = Number of shares × Price
= 400 × $96.20
= $38,480.00
The amount of current bid quotes between $96.24 and $96.17 but it is placed at $96.20. So, it should be computed at this price.
Therefore, the money receive amounts to $38,480.00.
Answer: Moral hazard
Explanation:
Moral hazard is regarded as a risk that a party has not entered into a contract in good faith or has provided misleading information about its assets,liabilities , or credit capacity.
In addition to that ,moral hazard also may mean a party has an incentive to take unusual risks in a desperate attempt to earn a profit before the contract settles.
Themoral hazard also occurs when one party in a transaction has the opportunity to assume additional risks that negatively affect the other party.
The decision is based not on what is considered right, but what provides the highest level of benefit, hence the reference to morality.
