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An entitlement is a provision made in accordance with a legal framework of a society.
That shows us that we can sum up our answer to "A".
Hopefully you understand, if not we can work on it some more :)
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Answer: C.) a breach
Explanation: The scenario described above, highlights a breach on the path of VMC, a breach in a legal context refers to the failure to comply or observe certain guiding principle. In contract terms, a breach is a violation of contract terms. Once talk talk has offered to buy from VMC, the order made available and to talk talk Inc. by VMC should meet the standard specification requested in Talk talk's order. Any violation of these specification without notifying talk talk will be considered a breach.
The correct answer for the question that is being presented above is this one: "TRUE." Although stocks can generate greater revenue, they are also more risky than many forms of investment. Dividends are not guaranteed; each company's board of directors has to vote to issue dividends, and they may not always do so.
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Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
