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Anestetic [448]
3 years ago
11

Obie accuses Portia, a broker with QT Financial Services, of fraudulently inducing him to invest in Risky Development Company, w

hose stock price declines in value. The reliance that gives rise to liability for fraud requires​
Business
1 answer:
Ghella [55]3 years ago
7 0

Options:

A. Subjective statement

B. Misrepresentation of a fact knowing that it is false.

C. Puffery

D. Seller's talk

Answer:B. Misrepresentation of a fact knowing that it is false.

Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.

Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.

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On January 1, 2018, Moonbucks, Inc., received $79,380 and agreed to pay $100,000 in 3 years on December 31, 2020. The market rat
solniwko [45]

Answer:

Explanation:

Interest expense refers to charges paid for borrowing money. It is the money that a lender charges  borrower for borrowing money from him. In the income statement, it represents interest to be paid on borrowings such as bonds, loans, convertible debt or lines of credit. It is calculated as product of the interest rate times the outstanding principal amount of the debt.

Given that:

Moonbooks received $79,380 =  principal amount of debt (P)

The interest rate (r) = 8% annually = 0.08.

Interest expense payable for 2018 (first year) = P × r = $79380 × 0.08 = $6350

For the second year i.e 2019 The principal amount of debt = $79380  + $6360 = $85730

Interest expense payable for 2019 (second year) = P × r = $85730 × 0.08 = $6858

6 0
4 years ago
Lance Chips granted restricted stock units (RSUs) representing 40 million of its $1 par common shares to executives, subject to
Rom4ik [11]

Answer:

$200 million

Explanation:

Data provided in the question

Number of granted restricted stock = 40 million at $1 par common shares

The market price per share = $5

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= Number of granted restricted stock × market price per share

= 40 million × $5 per share

= $200 million

Basically we multiplied the number of granted restricted stock with the market price per share

8 0
4 years ago
To get a complete picture of your target market, you must do Question 2 options: door-to-door surveys. primary research. seconda
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Primary research To get a complete picture of your target market,
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Vikki [24]

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