Honestly it’s not dangerous to live on credit unless you DON’T PAY YOUR BILLS because with cash you have a higher chance of your money being lost or stolen, and with debit you can only pay exactly what you have in your account penny for penny, but with credit you can over spend a little on Thursday if your pay check comes tomorrow.
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Answer:
Trey owns 250 shares of common stock in a toy-store company. This means that he owns a percentage of the company based on the proportion of shares he owns out of the total shares issued by the company. With this ownership he also acquires rights to: vote. George owns 300 shares of preferred stock in a company.
Explanation:
Answer:
<h3>the government gives entrepreneurs the right to purchase capital i.e.,land which can be used to sustain economic growth.</h3>
Explanation:
If governments can relax property rights and change the laws and policies of property rights in order to give individuals and firms more freedom, it will have a great impact in the economic growth of the country.
This is because if individuals or firms can purchase capital such as land, it will induce the entrepreneurs to take more risks to create new products, ideas, and more technology. Land can be used as an asset to mortgage or to avail loans to enhance productivity of the firms.
