Answer:
An entrepreneur is a person who finds an economic opportunity in the market, and exploits it for his own benefit and the benefit of his employees and constomers by setting up a firm.
Explanation:
Three characteristic of an entrepreneur:
Opportunity seeking: entrepreneurs "scan" the market, seeking for market niches that have not been exploited.
Work-ethic: entrepreneurship is a difficult task, especially during the first years of the company. It demands very long work hours, and the entrepreneur must be willing to do that in order to be successful.
Risk-taking: entrepreneurs should evaluate risk when taking decisions, but they should not be the most risk-averse indidivuals. They have to take risks in certain situations because otherwise, they would not be able to become entrepreneurs at all.
Answer:
he or she can potentially lose 100% of the principal amount due to a stock price decline.
Explanation:
The elderly investor is trying to invest in bluchip stocks that have high returns in order to recoup losses from his previous investment.
Generally the higher the returns on an investment the higher the risk of that investment. Investors are likely to lose their capital in higher yield investments.
A reverse convertible note is a product that is the obligation of the issuing bank and not the corporation. So if price falls below the knock in price, customer will only receive the stock at maturity and not at par. The stocks received could be worthless and investor could loose all his principal.
Answer:
May 1 2022 Cash 435540 Dr
Notes Receivable 408000 Cr
Interest Revenue 12240 Cr
Interest Receivable 15300 Cr
Explanation:
The interest revenue for 5 months was already recorded on 31 december against an interest receivable account that has a balance of 5 months of interest due.
The interest on note for 9 month period is = 408000 * 0.09 * 9/12 = $27540
The 5 month interest recorded on 31 december is 408000 * 0.09 * 5/12 = 15300
Thus, the interest revenue to be recorded on May 1 will be 4 months interest that is 27540 - 15300 = 12240
Answer:
The correct answer is C
Explanation:
Due process states or means the legal processes or procedure which need to take into account or consideration the legal rights of their citizens. This process is classified through providing or offering the people with fair as well as impartial process and also with the guarantees, though protecting the citizens right through law.
For example, in this case, the Centre City, they could not present the prison sentence without any trial to any person as they might be breaking the law, as everyone has the right of the due process and to be treated equally as well as fairly.
Answer:
C. The short-run Phillips curve shifts upward and the long-run Phillips curve does not shift.
