a CTSO for students taking marketing classes
a club providing hands-on laboratory experience for students taking a science class
an agricultural organization for students in an agricultural school
Answer:
A).The franchisor provides a tried and tested product to sell
C ). The franchisee receives ongoing help and support from the franchisor
Explanation:
A franchise is an arrangement where an established and successful business person( franchisor) licenses a third party( franchisee) to set up an independent branch similar to the franchisor business. The franchisor permits the franchisee to use their brand name, colors, processes, and procedures and sell their products. Therefore, the franchisee's branch will be similar in all aspects to the other franchisor's branches.
The franchisor provides technical, operational, and managerial support to the franchisee. The franchisee pays an initial fee and a percentage of monthly sales to the franchisor to open a franchise business.
Answer:
E. have a sinking fund provision
Explanation:
Callable bonds are the one wherein the issuer/borrower has an option to redeem the bonds anytime after an initial stipulated period. In case of such bonds, if the issuer decides to redeem the bonds, the holders have to accept the redemption value.
Usually, when market rate of interest on such bonds falls below the coupon rate of such bonds, the issuer redeems such bonds. Thus, such bonds are beneficial to the issuer.
Call protection refers to the period within which such bonds cannot be called or redeemed.
Sinking fund provision refers to transferring a portion of money during the duration of such callable bonds to a separate reserve known as sinking fund, which is created for the purpose of redemption of funds. So when such bonds are to be called, the total money transferred to sinking fund reserve would be raised and used for payment to bondholders.
Creation of such a reserve helps the issuer avoid the pressure of lump sum payment as periodically funds are set aside for the purpose of redemption.
Answer:
15 ounces.
Explanation:
The first ounce is worth 0.40, and the additional x ounces are worth 0.25 each. So, the inequality should be Y > A + B * X, where Y is equal to 4, A is the value of the first ounce (0.4), B is the value of the additional ounces (0.25) and x is the quantity of additional ounces.
- 4 > 0.4 + x * 0.25
- 4 - 0.4 > 0.25x
- 3.6/0.25 > x
- 14,4 > x
14 is the maximum of additional ounces that can be mailed, we have to add the first one, for a total of 15 whole ounces that can be mailed for no more than $4.