Answer:
A life insurance policy.
Explanation:
An assignment or collateral assignment is a type of guarantee for the lender. the most used is a life insurance policy that will cover the payments of the debt to the lender if Harry fails to pay.
Answer:
$18,640
Explanation:
Given that,
Balance as per books = $6,500
Non Sufficient fund checks returned by the banks = $3,200
Bank service charge = $60
The bookkeeper recorded a $ 1,700 check as $ 17,100 in payment of the current month's rent.
Adjusted book balance:
= Balance as per books + Wrong entry - Non Sufficient fund checks returned by the banks - Bank service charge
= $6,500 + ($17,100 - $1,700) - $3,200 - $60
= $18,640
Answer: $1.50 per each
Explanation:
6/4 = 3/2
3/2 = 1.5
1.5(4) = $6
Answer:
b. Compensation caps can discourage employees from being productive after the cap.
Explanation:
Performance compensation caps can be bad because it can discourage employees from being productive after the cap.
This means that the employee will not receive any other reward for his productivity outside what the cap value produces. This can be used in terms of the employee's salary.
