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3 years ago

Please explain your answer! When banks owned or influenced by the government engage in politicized lending:

1 answer:

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The government involvement in undertaking the control of banks leads to the political lend of new projects that increase economic growth.

Option(d):

<u>Explanation:</u>

Government ownership of a bank is an act that is very common for all countries and its facilities in expanding the financial status of the bank.
The government provides more policies and regulations that involve broad expansion in fiscal policies that are not possible in private banks.
They mainly focus on the factors that improve the GDP value and this, in turn, improves the economic growth of a country.
Also, it concentrate on banks that have a lower economy and provides a necessary upliftment to improve its status.
Negative issues arouse in this process is that banks provide loan based on political status and not based on any project for which the loan is afforded.
Thus it affects the political status of the bank.

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Daniel Franco, a free-lance gaming consultant and blogger, needed a new gaming system for his business. After some lengthy revie

Law Incorporation [45]

Answer:

Explanation:

Issue: Will the court rule in support of Daniel’s argument that Nintendo breached the warranty based on reasonable expectation on the performance of an expensive system and statements made while selling the gaming system?

Rule: There is a creation of express warranty when a seller makes a description of the statement quality, condition or performance of goods sold. This warranty is created by the statement of facts and if the seller uses words to designate the value of the supposed goods, it will only be considered as an opinion that does not create any express warranty.

The customer’s reasonable expectation of the existence of the gaming system based on the price leads to implied warranty. The goods sold should be logically fit for the general purpose for which it is sold. It should be of proper quality to satisfy the implied warranty of merchantability and the goods should fit the particular purpose for which the buyer will use the goods to satisfy the implied warranty of fitness for a particular purpose.

Analysis: Here, the argument of Daniel that Nintendo’s description of the gaming system as “most reliable”, and “durable” asserted that the quality and performance of the gaming system will not stay because these words create general statements that are made as part of sale or seller’s opinion about the goods. These words would be considered as puffery and do not create any express warranty. The higher price of the gaming system would create an implied warranty about the performance of the system, but the switch failed only after the warranty period. When the seller has expressly stated the warranty period as one year, any defects that occur after the warranty period will not breach the implied warranty.

Moreover, the gaming system was reasonably fit for Daniel’s business purpose and worked well during the warranty period. Hence Daniel’s arguments will not stay in front of the court.

Conclusion: The court will not rule in favor of Daniel and Daniel will not be able to recover against Nintendo because no breach of warranty had occurred.

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4 years ago

If the annual interest rate printed on the face of a bond is 25 percent, the face value of the bond is $1,000, and the current m

love history [14]

Answer: Current yield on the bond = 35.71%

Explanation:

Given that,

Annual interest rate printed on the face of a bond = 25 percent

the face value of the bond = $1,000

the current market price of the bond = $700

Therefore,

current yield on the bond = $\frac{Annual\ interest\ rate\ on\ the\ face\ of\ the\ bond}{Current\ price\ of\ the\ bond} \times 100$

= $\frac{0.25\times1000}{700} \times 100$

= 35.71 %

3 0

3 years ago

The principle that "trade can make everyone better off" applies to interactions and trade between A. families. B. states within

baherus [9]

Answer:

The correct answers are all of the above options

Explanation:

Trade is the term which is defined as the activity of exchanging, buying or selling the goods and the services among the countries, people, families, nations.

It offers the variety or range of the products which could be sold in the market in order to earn or gain profit so that could benefit the business or themselves.

So, it could be better off when applies to the trade and interactions among the families, nations and states within US.

4 0

3 years ago

Which of the following statements is correct? Revenue is recognized at the time of shipment when goods are shipped FOB destinati

allochka39001 [22]

Answer:

The correct answer to the following question will be Option C.

Explanation:

The buyers, as well as sellers, must negotiate an understanding as to who is capable of paying certain transport costs and also who, whenever the item is delivered, assumes the default risk throughout transportation.
A seller reports compensation whenever the purchaser has the transition of titles as well as ownership uncertainties.

The other three options are not related to a certain scenario. So that option C is the right answer.

7 0

3 years ago

Christoph Hoffeman of Kapinsky Capital believes the Swiss franc will appreciate versus the U.S. dollar in the coming 3-month pe

Rama09 [41]

Answer:

Check the explanation

Explanation:

a. Calculate Christoph’s expected profit assuming a pure spot market speculation strategy.

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5820) 171821.31

After 3 months SF's are sold to acquire

dollars back SF 171821.31* $0.6250) $107,388

Less: Invested dollars $ 100,000.00

expected profit assuming he buys or sells

SF three months forward $7,388

b. Calculate C’s expected profit assuming he buys or sells SF three months forward:

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5640 $ 177304.96

After 3 months SF's are sold to acquire

dollars back SF 177,304.96* $0.6250) $ 110,815.60

Less: Invested dollars $ 100,000.00

expected profit assuming he

buys or sells SF three months forward $10,816

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3 years ago