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natita [175]
4 years ago
9

Can a local businessman pay a police officer $50 a week to watch his business more closely? Group of answer choices

Business
1 answer:
11111nata11111 [884]4 years ago
8 0

Answer: b. No, Public Officials cannot give consideration on duties they are already supposed to perform.

Explanation:

The options are:

a. Yes, as long as the contract is registered with the Secretary of State

b. No, Public Officials cannot give consideration on duties they are already supposed to perform

c. Yes, as long as 50$ is reasonable amount to watch the business

d. Yes, as long as a court reviews the contract within 30 days

e. No, unless a court approves the agreement.

From the question, we are asked whether local businessman can pay a police officer $50 a week to watch his business more closely. This is not true as Public Officials cannot give consideration on duties they are already supposed to perform.

The role of the police is to ensure that lives and properties are always safe and they're pair by the government for the role, therefore, they shouldn't be offered money to do what they're naturally expected to do.

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A bank has the following balance sheet: SETS RETURN % MILLION $ LIABILITIES COST % MILLION $ Cash 0.00 35 Fixed-rate Deposits 3.
snow_tiger [21]

Answer:

$1,140,000

Explanation:

Calculation to determine what the bank's NII will change by

First step is to calculate the bank's one-year repricing gap

Using this formula

Repricing gap=RSAs - RSLs

Where,

RSAs =Securities+Short-term loans

RSLs =Variable-rate Deposits+Fed funds

Let plug in the formula

($ Million)

Repricing gap=[$300 + $225] - [$260 + $75]

Repricing gap=$190

Now let calculate what the bank's NII will change by

Using this formula

Change in bank's NII=Repricing gap*Interest rates

Let plug in the formula

Change in bank's NII=$190,000,000*0.0060

Change in bank's NII =$1,140,000

Therefore If the spread effect is zero and all interest rates increase 60 basis points, the bank's NII will change by $1,140,000

7 0
3 years ago
Consider the single factor APT. Portfolio A has a beta of 1.8 and an expected return of 21%. Portfolio B has a beta of .8 and an
liberstina [14]

Answer:

... you should take a short position in portfolio <u>A</u> and a long position in portfolio <u>B</u>.

  • B: A;B

Explanation:

Portfolio A:

21% = 12% + 1.8F

1.8F = 9%

F = 5%

Portfolio B:

21% = 12% + 0.8F

0.8F = 9%

F = 11.25%

Since Portfolio B's F = 11.25% > Portfolio A's F = 5%, then you should take a short position in Portfolio A and a long position in Portfolio B.

5 0
3 years ago
Match the following:Part A1. colonialism 2. imperialism
NNADVOKAT [17]

Answer:

Colonialism ⇒ the control of an overseas colony by a foreign power

Imperialism ⇒ a policy extending political, economic, or military rule over a foreign nation

Supranational ⇒ membership in a group or organization that goes beyond national boundaries

Explanation:

Colonialism and imperialism are very similar and usually are used as synonyms, but their actual definition varies a little:

Colonialism refers to physically controlling another country while imperialism refers to political and/or economic control. For example, the Soviet Union had an imperialistic control (mostly economic) over eastern European countries, but it didn't rule over them directly. On the other hand, the British Empire controls and rules over its colonies (although it has shrunk, it still exists).

6 0
3 years ago
You are the manager of a monopoly that faces a demand curve described by p = 85 - 5q. your costs are c = 20 5q. the revenue-maxi
enot [183]

You are the manager of a monopoly that faces a demand curve described by p = 85 - 5q. your costs are c = 20 5q. the revenue-maximizing output is Q=8.5.

A demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded over a period of time. In a typical representation, price is displayed on the left vertical axis and quantity demanded is displayed on the horizontal axis.

In economics, a demand curve is a graph that shows the relationship between the price of a particular commodity and the quantity of that commodity demanded at that price. A demand curve can be used for the relationship between price and quantity for an individual consumer or for all consumers in a given market

Learn more about demand curve here: brainly.com/question/14297698

#SPJ4

7 0
2 years ago
Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are mad
elena-s [515]

Answer:

1. Dr Account receivable $20,500

Cr Service revenue $20,500

2. Dr Interest receivable $450

Cr Interest revenue $450

3. Dr Account receivable $1,420

Cr Service revenue $1,420

Explanation:

Preparation of the adjusting journal entries for each of the following for year ended December 31.

Based on the information given the adjusting journal entries for each of the following for year ended December 31 will be :

1. Dr Account receivable $20,500

Cr Service revenue $20,500

(Being to record Accounts Receivable)

2. Dr Interest receivable $450

Cr Interest revenue $450

(Being to record Interest receivable)

3. Dr Account receivable $1,420

Cr Service revenue $1,420

(Being to record Accounts Receivable)

5 0
3 years ago
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