Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
1- The UCC contract formation includes offer, acceptance and consideration.
Explanation:
Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.
Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).
Acceptance → must be a mirror image of the offer.
Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.
Answer:
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
Explanation:
According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,
price = $8.10
avg variable cost = $8.00
avg total cost = $8.25
Mrs.Smith should continue to operate the business in the short run but shut down in the long run.
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Answer:
a. A counterfeit is an imitation of the genuine money, created with the intent to defraud.
U.S. Currency was originally printed on blue paper.
- FALSE: THE DOLLAR HAS ALWAYS BEEN GREEN
b. The First bank of the United States was started in 1888.
- FALSE: THE (FIRST) BANK OF THE UNITED STATES WAS ESTABLISHED IN 1791
c. The French unit of money is the dollar.
- FALSE: THE EURO IS THE OFFICIAL CURRENCY IN FRANCE
d. A euro is the Australian unit of money.
- FALSE: EUROS ARE THE OFFICIAL CURRENCY OF THE EUROPEAN UNION.
In 1945 $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System.