Your deposit of $900,900 will increase by $<span>99,099 given the require reserve ratio
of 0.11. Remember that the reserve ratio is a part of a bank depositor’s total
account that banking institutions must keep as available cash. This is as
regulated and determined by the Federal Reserve.</span>
Their is no profit because customer do not need it
Answer:
The correct answer is "
Implied agency/ostensible".
Explanation:
- An effective power implicitly granted by that of the principle to its agent has demonstrated or derived from some kind of relationship across the accused principle as well as the agency, would be considered as Implied agency.
- The connection between 2 organizations allows individuals might assume that one of those would be a separate operator, as well as inversely, is a ostensible agency.
Answer:
The correct answer is letter "C": usually have chief officers, human resource managers, and board member committees involved with the ethics and compliance program.
Explanation:
The integrity-based approach is the practice in which top executives of a company including members of the <em>Board of Directors</em> (BoD) hold the responsibility of the firm's ethical culture and spread it to their employees. This is done to promote good practices among workers and to spot where might be possible ethical issues appearing in the company.