Answer:
The correct answer is option A.
Explanation:
Availability float refers to the time difference between when the check is deposited and when the money is transferred to the recipient's account.
The time difference exists because the bank has to process the physical check before transferring the funds.
So the availability float can also be defined as the time taken by a bank to process and honor a check and transfer the funds to the recipient's bank.
Answer:
The correct answer is letter "A": If there is an error on your credit report, you are more likely to have higher interest rates or even get rejected for the loan altogether
Explanation:
Dealing with errors in your credit report is a disadvantage because financial institutions will have doubts about your credit history. In front of loan requests, banks are likely to increase the rate of interest they could charge you or even reject the loan at all because they will consider <em>the risk of lending you money is higher due to the inaccuracies on your credit report</em>.
Answer:
b.(1/2, 1/2)
Explanation:
If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.
Therefore, Nash equilibrium is (1/2 , 1/2).
Answer:
Corporation.
Explanation:
A corporation is an organization, often made up of a group of people or a company, authorized by the state to act as a single entity (a legal entity, a legal person in legal context) and recognized by law for certain/specific purposes. Early incorporated entities were established by charter (i.e. by an ad hoc act passed by a parliament or legislature), not registration. Although most jurisdictions now allow the creation of new corporations through registration.