Answer:
The federal government borrows money from the public by issuing securities—bills, notes, and bonds—through the Treasury. Treasury securities are attractive to investors because they are: Backed by the full faith and credit of the United States government.
Explanation:
Answer:
$1,256,000
Explanation:
Data provided in the question:
Number of semiannual payments received = 16
Amount of each payment = $100,000
Annual interest rate = 6%
Thus,
Semiannual interest rate = = 3% = 0.03
Now,
Payment = Amount ×
or
Payment = $100,000 ×
Payment = $100,000 × 12.56
or
Payment = $1,256,000
Answer:
Anticipatory repudiation.
Explanation:
Penelope's attitude or follow up towards her ordeal above is an example of anticipatory repudiation.
This is also termed an anticipatory breach, is a term in the law of contracts that describes a declaration by the promising party to a contract, that he or she does not intend to live up to his or her obligations under the contract.
It generally is a breach that constitutes material of contracts that discharge the promisee from all the obligations that they are under.
Itoccurs when the promisor indicates before the time for his performance that he is unwilling or unable to carry out of the contract.