<span>Industrialization gave workers shorter working hours and time off on weekends, which allowed for more leisure time. Leisure time is also known as down time. This is time that is set aside for people to do and spend how they want. They can get things done around their home, have fun with friends and family or sit home and relax. Having shorter working hours resulted in more leisure time. </span>
A banker's acceptance is the payment guaranteed by a bank for a time draft that is payable to a seller of the goods.
A banker's acceptance is a short-term investment plan that is created by a company or firm with a guarantee from a bank. It is important that the company or firm is a non-financial firm. It is a guarantee that the bank gives that a buyer will pay the seller the amount at a future date. A good rating is a prerequisite for obtaining the banker's acceptance.
This is very useful, especially during foreign trade. During foreign trade, the creditworthiness of the importer is not known. The period of the banker's acceptance is usually lesser than 180 days. These acceptances are traded at discounts from the face value in the secondary markets. So, the banker's acceptance acts as a negotiable time draft.
This guarantee from the bank is a written promise by the bank to the seller to pay the sum specified if the buyer is not able to do so. This promise is backed by the bank so the seller feels confident in exporting his goods. As it is safe and liquid, the return on the banker's acceptance is low.
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Answer:
2.02
Explanation:
Each pail of plaster covers 97 Square feet of ceiling
The ceiling of the room is 14 ft long
= 14×14
= 196
Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows
= 196/97
= 2.02
Answer:
b. the public
Explanation:
When it comes to the legislative process of the government, the "citizens" <em>(the public) </em>play an active and direct role. This gives the public <u>the right to contribute regarding decisions that may have an impact on their lives.</u> It is very important that the government inform its citizens of their rights and responsibilities and the decisions that were made in order to obtain <em>"public awareness."</em>
The direct role of the public may be in the form of consultation, such as<em> asking for their feedback and considering their answers when it comes to the lawmaking process.</em> It is essential that their input in the decision-making process is considered.
So, this explains the answer.
