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Radda [10]
3 years ago
12

Faiza hired Bril Builders Inc. to construct her house. They signed a contract that stated Bril Builders would complete the work

in 10 months, and Faiza would pay them in full. If Bril Builders completes the work but misses the date, Faiza has the right to deny the company any payment.
TRUE OR FALSE
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
7 0

Answer:

FALSE

Explanation:

Faiza does not hav the right to deny the company any payment even though Bril Builders Inc did not complete the work in the agreed time. Not finishing the work on the agreed time might be as a result of some factors beyond their control. Faiza must consider all these before thinking of denying them payment.

The denial of payment would have been right if they did not complete the work or if the work done was not what they asked for or not done well.

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Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on
lianna [129]

Answer:

The correct answer is letter "B": 75%.

Explanation:

The New York Stock Exchange (<em>NYSE</em>) is the largest, oldest and best-known stock exchange in the world. A stock exchange is a regulated auction market where stocks, bonds, and other securities are bought and sold. The total value of all outstanding shares of the NYSE listed companies is unmatched. Its listings feature some of the world's largest and best-known corporations.

Almost 1,5 billion shares (<em>around 75% of the total market transactions</em>) are traded in the NYSE every day.

5 0
3 years ago
If your credit reports show different scores, what should you do? A Nothing, the credit bureaus will recognize the mistake and f
erastovalidia [21]
The correct answer is B
4 0
3 years ago
Reebok International Ltd. is a global company that designs and markets sports and fitness products, including footwear, apparel,
zubka84 [21]

Answer:

Dividends paid ⇒ Financing Activities (F)

Repayments of long term debt  ⇒ Financing Activities (F)

Depreciation and amortization  ⇒ (NA)

Proceeds from issuance of common stock to employees   ⇒ (NA)

Change in accounts payable and accrued expenses  ⇒  Operating Activities (O)

Cash collections from customers  ⇒  Operating Activities (O)

Net repayments of notes payable to banks   ⇒ Financing Activities (F)

Net income   ⇒ Operating Activities (O)

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5 0
4 years ago
A large oil company requests ¢200 million of liability insurance to cover its oil business. State Insurance Company (SIC) has a
Shalnov [3]

Answer:

a. The reinsurance contract between SIC and Ghana Re is a proportional reinsurance contract. This type of contract specifies that the reinsurer (Ghana Re) will share a fixed proportion of the premiums and losses with the ceding company (SIC). In this case, the contract specifies that Ghana Re will pay 70 percent of the losses and receive 70 percent of the premiums, while SIC will pay 30 percent of the losses and retain 30 percent of the premiums.

b. If a ¢100 million covered loss occurs, SIC will be responsible for ¢30 million of the loss, while Ghana Re will be responsible for ¢70 million of the loss. This is because the contract specifies that SIC will pay 30 percent of the losses, and Ghana Re will pay 70 percent of the losses. In terms of premiums, SIC will retain ¢60 million of the premium, while Ghana Re will receive ¢140 million of the premium, less the ceding commission that is paid to SIC.

6 0
1 year ago
A ________ pays out cash flows from a collection of assets in different tranches, with the highest.
Thepotemich [5.8K]

A collateralized debt obligation (CDO) pays out cash flows from a collection of assets in different tranches, with the highest.

Structured asset-backed security (CDO) is a type of collateralized debt obligation (CDO). CDOs were initially designed as corporate debt market instruments, but from 2002 they were used to refinance mortgage-backed securities. A CDO can be viewed as a promise to pay investors in a specified order based on the cash flow it receives from the pool of bonds or other assets it holds, similar to other private label securities backed by assets.

In contrast, the probability of default (PD) for CDOs is often calculated using bond or asset ratings. A pool of loans and other assets serves as the collateral for the intricately designed financial product known as a collateralized debt obligation.

If the loan defaults, the underlying assets act as collateral. CDOs are a practical tool for transferring risk and freeing up resources while being risky and not suitable for all investors.

Learn more about collateralized debt obligation here:

brainly.com/question/24157864

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7 0
2 years ago
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