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Gnom [1K]
3 years ago
15

The possibility that the failure of one bank can hasten the failure of other banks is called the:

Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer:

Contagion Effect

Explanation:

Contagion Effect is the <u><em>spread of an economic crisis</em></u> from one market or a region to another. It refers the diffusion effect of crisis throughout a market.

Simply put, If a large bank sells off most of its assets quickly, the confidence in other banks declines.

Hence, it's said to have followed the contagion effect, spread of a crisis from one market to another.

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Farmers Pantry Products Inc. and Market Grocers LLC dispute a term in their contract. If Farmers Pantry and Market Grocers have
e-lub [12.9K]

Answer: The process is not adversarial

Explanation:

Mediation' refers to the voluntary process that is used for resolving disputes whereby there's a neutral third party whom helps in facilitating dialogue between the conflicting parties and then helps them in identifying the issue and tech a settlement.

Based on the question, since both parties have a long-standing business relationship that they would like to continue, then they may prefer to settle their dispute through mediation because the process is not adversarial. An adversarial system typically involves going to the court.

7 0
3 years ago
On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,
Vlad [161]

Answer:

Explanation:

The journal entries are shown below:

1.  Notes receivable A/c Dr $450,000

          To Cash A/c                               $450,000

(Being the notes receivable acceptance is recorded)

2. Interest receivable A/c Dr $40,500

      To Interest revenue                       $40,500

(Being the interest is collected)

Interest = Principal × rate of interest × number of months ÷ (total number of months in a year)

= $450,000 × 12% × (9 months ÷ 12 months)

= $40,500

The 3 months is calculated from April 1 to December 31

3.  Cash A/c Dr $504,000

             To Notes receivable A/c $450,000

             To  Interest receivable A/c $40,500

             To Interest revenue A/c      $13,500

(Being cash collected recorded)

Interest revenue = Principal × rate of interest × number of months ÷ (total number of months in a year)

= $450,000 × 12% × (3 months ÷ 12 months)

= $13,500

The 3 months is calculated from December 31 to April 1

6 0
3 years ago
The greeting of a cover letter is referred to as the
Slav-nsk [51]

Answer:

The answer is Salutation.

Explanation:

  • <u><em>A salutation is the greeting at the beginning of a cover letter that is included with a resume when applying for a job</em></u>
8 0
1 year ago
In which form of business is a single individual responsible for the repayment of any debts? proprietorship. corporation. partne
deff fn [24]
<span>In which form of business is a single individual responsible for the repayment of any debts? Proprietorship. In a </span>proprietorship, a sole person owns a business. Because they are the sole owner they are responsible for paying income taxes on profits earned from the business and also repayment of debt. A proprietorship is the simplest business a person can own and operate under. 
6 0
2 years ago
Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 280 employees and occupies 55,200
Agata [3.3K]

Answer:

$61,200

Explanation:

Maintenance expenses allocated to assembly department

Allocation base = Square footage

= $102,000 * $55,200 / ($55,200 + $36,800)

= $102,000 * $55,200 / $92,000

= $61,200

7 0
3 years ago
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