Answer:
Have specific assets of the issuing company pledged as collateral.
Explanation:
The concept of a secured bond is similar to that of a secured loan. The secured bond requires the issuer to attach some specific assets as collateral. If the bond issuer fails to honor his bond obligations, the title for the assets passes on the bond buyers.
Secured bonds assure the investors that at least end up the certain assets should the bond issuer fail in bond payments. Corporations or government agencies that lack convincing financial track records use a secured bond to attract investors.
The correct answer is c.They help keep unqualified candidates from getting promotions<span>
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<span>It will have a demand curve that is relatively more elastic than a good with few substitutes. This is because people are able to obtain the good from other places, so there is more flexibility in the curve itself.</span>
Answer:
The decision reached by the court was valid, in my view. Since the parties, Delavau, Inc. and Eastern Warehousing, Inc. had a valid contract in which they set out their understanding and agreement on the terms of their business relationship, the parties should follow the contract terms without distractions from pre-printed Form terms.
Having a formal contract is the only way to avoid the battle of forms.
Explanation:
The conflict involved a battle of conflicting forms. This battle of conflicting form, with different contract terms, occurred when Delavau, Inc. and Eastern Warehousing, Inc. exchanged contract terms, with Eastern's own small print terms on the reverse side its own receipts, which it wanted Delavau to comply with. That the court held that Delavau was not bound by Eastern's form terms was valid because their contract agreement specified the terms of their relationship, which cannot be negated by the form terms.
Net income. Gross income would be the $3,000 before taxes are deducted. The net income would be the 2452 that is remaining after taxes
