Answer:
It is beneficial because it makes money from the trade.
Answer:
4 years
Explanation:
It takes 4 years to accumulate the required amount.
Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
Answer:
The correct option is b. de jure corporation.
Explanation:
A de jure corporation is a business that has fulfilled all the requirements mandated under the law of its state incorporation statute and has had limited liability protection granted to the corporation. De jure means "a matter of law," which validates the corporation as a legal entity.
It is created when steps are taken to incorporate, but not all of the statutes are in compliance. With a de facto corporation, it is not protected if the state challenges it in a "quo warranto" proceeding. It is protected against third parties.
Courts can decide on a finding of de facto if three requirements are met by the corporation:
• A statute must be in existence that allows legal incorporation.
• The corporation has attempted to comply with the statute, which is considered a good faith effort.
• There has been actual use or the exercise of the corporate franchise.
Answer:
Compound interest (or combining interest) is that the interest on a loan or deposit calculated supported each the initial principal and also the accumulated interest from previous periods.
