Answer:
1. Protection against default, evictions, foreclosures, and repossessions
2. Terminate residential and automobile leases due to PCS
Written and oral disclosure of terms
3. Reduce interest to 6% on certain loans and lines of credit obtained prior to entering active duty
Explanation:
The Servicemembers Civil Relief Act (SCRA) provides financial and legal protections for active-duty service members, as well as National Guard and reserve members, and their families. This protections are:
- creditors reduction of interest rate on debts to 6% for liabilities obtained prior to entering active duty
- Protection against default, evictions, foreclosures, and repossessions, preservice mortgage debt is valid if made during or within nine months after your service on active duty, unless carrying out a valid court order
- Deferment of income tax before or during military service.
- Protection against eviction
- Protection against default judgments
- Postponement of court proceedings if on duty
- Termination of automobile, residential lease and phone service by delivering a written notice of termination.
- Voting rights
- Life insurance coverage
Answer:
<u>Foreign trade</u>
Explanation:
Often times a major determiner of the value of countries currency is the amount of their exports.
Thomas therefore as a financial advisor <em>should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency</em>.
Answer:
A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?
Explanation:
The Journal entry is given below:-
1 January 2020 No Entry
31 December 2020 Compensation Expense Dr, 6,580
To, Paid-In-Capital 6,580
(Being the compensation expense stock-option plan is recorded)
Working Note:-
Compensation Expense
= $7 × 4,700 ÷ 5
= $7 × 940
= $6,580