Answer: C. MortgageMax may pay the counseling fees, but is prohibited from steering Jenny towards a particular counselor or allowing her to complete counseling from one of its affiliates.
Explanation:
MortgageMax is violating the law in recommending a particular counselor and recommending one of its affiliates. Lenders are not allowed to direct a loan candidate to a certain counselor in order to avoid any unfortunate situations that arise from the counselor being partial to the lender.
Lenders are also prohibited from offering the counselling via an affiliate for the same reason above. They are however, allowed to pay for the counselling.
Answer:
450 million is the firm’s value of equity
Explanation:
In this question, we are asked to calculate the best estimate for the firm’s value of equity in millions.
To calculate this, we proceed as follows;
Mathematically;
Firm’s value of equity= [(Total corporate Value - (Notes payable + Long term debt)]
From the question, we identify the total corporate value as 750 million, the notes payable as 100 million and a long term debt of 200 million
Now, plugging these into the equation above, we have ;
Firm’s value of equity = 750 million - (100 million + 200 million) = 750 million - 300 million = 450 million
Answer:
The correct answer is budget slack.
Explanation:
Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.
Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.
Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement
Explanation:
<u> when a licensing arrangement is structured in such a way that ir reduces the risks of a firm's technological know-how being expropriated by licensees, then licensing may be said to be appropiate.</u>
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<u> For example </u>: when a firm perceives its technological advantage can be intimated by its competitor ,in such case the company gets its technology licensed before the imitation of its technology occur.By doing so the firm may deter its competitors from developing their own, possibly superior, technology. And by licensing its technology the firm may be able to establish its technology as the dominant design in the industry. In turn, this may ensure a steady stream of royalty payments.
so we can say that Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement
<span>This is the recognition level of brand loyalty. Rose only remembers the cream from the name of the brand and the positive advertisements, and not necessarily from the claims or results that the brand showed. This shows a loyalty to the brand name and not so much the product itself.</span>
