Answer:
legal system
Explanation:
There are five basic legal systems used in different countries around the world: civil law, common law, customary law, religious law, and mixed legal systems.
Generally business operations are included under common law (US and UK + former colonies) or civil law (based on Roman law used in most of Europe and Latin America), at least in western countries. This includes both North and South America, western European countries, and Australia + NZ.
Personally I don't know about the rest of the non western countries.
itis a "procedding pro se" which means youare representing yourselfin court which you are called "pro se littigent"
Answer:
.05241 or 5.241%
Explanation:
The computation of the interest rate earned on the bond is shown below;
As we know that
Interest rate = (Redemption price ÷ offer price)^1 ÷ number of years - 1
= ($5,000 ÷ $3,000) ^1 ÷ 10 - 1
= (1.67)^1 ÷ 10 - 1
= (1.67)^.1 - 1
= 1.05241 - 1
= .05241 or 5.241%
We simply applied the above formula so that we can easily determine the
interest rate earned on the bond
Answer:
A) $10,000
Explanation:
Since in the question it is mentioned that for $10,000 the loan made to supplier and the supplier filed for bankruptcy and go out from the business without paying off any money
So in this case the loss would be $10,000 i.e equal to the loan amount amde to the supplier as the non payment is also represents the bad debt and the same is allowed for the deduction
Hence, the first option is correct