Answer: 30 days
Explanation:
The accrued interest is to be paid for the period beginning from the date of issue till the date of settlement. However, the date of settlement is not included which means interest will not be paid for the 1st of February.
That leave the 31 days of January for payment. With Municipal Bonds however, accrued interest is calculated assuming only 30 days in a month so January will have 30 days in terms of accrued interest.
30 days is the number of days that accrued interest must be paid to the underwriter.
Answer:
B) False
Explanation:
Cross functional coordination in large corporations results in employees spending less time within their functions resulting in they being less knowledgeable about what happens in their areas.
Cross functional teams are made up of people that possess different functional expertise. They generally work together only for specific projects and then they return to their normal activities or are assigned to new projects. But while they are working in the cross functional teams they are generally absent from their normal activities.
Which form of negligence is defined as performance of an unlawful or improper act?
The answer to this problem would be misfeasance or nonfeasance.
B. Inflation
Inflation is when a country prints too much money, therefore decreasing the value of the currency.
TRUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
