I’m not sure Hyde’s we hygiene but we are going on the boat and we can go to get your hair and get some rest before I leave I can go to
Answer:
C)Failing to make payments
<h3>
What is failure to make payments?</h3>
- Default is the failure to make required interest or principal repayments on a debt, whether that debt is a loan or security.
- Individuals, businesses, and even countries can default on their debt obligations. Default risk is an important consideration for creditors.
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Answer:
future value of a lump sum:
Explanation:
when there is only a single deposits the formula will be the compounding interest future value of a lump sum
The deposits will generate incoem at a given rate r which, will make it increase their value over the course of time.
Answer:
Openness
Explanation:
Travis is willing to take chances with his health to get the adrenaline rush from these sorts of sports because of his openness to new experiences.
People who are open to new things and enjoy new experiences have their personality classifications under openness. Openness involves having insights, being imaginative and having lots of interests.
Answer:
C. Separating Management from Ownership
Explanation:
What is Agency
The agency refers to contractural, quasi-contractual and non-contractual fiduciary relationships which represents two to three parties. The first is a person called the agent, the second is the principal and the final is a third party. Agency authorizes an agent to act on behalf of the principal and create binding relatinships with a third party.
Agency Conflict
Agency conflict represents a conflict of interest which is unavoidable in an agency relationship where one party is to act in the best interest of the other party. Specifically, in the business or corporate settings, the agency conflict arises when there is a conflict of interest between an organisation's management and the owners of the organisation.
The challenge is that management who is the agent is expected at all times to make decisions that will constantly maximize the wealth of the owners and at times, these decisions would conflict with management's ability to maximize its own wealth
Therefore, once the management of an organisation is separated from ownership especially in a Management/ shareholders relationship, an agency conflict could arise.
