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bonufazy [111]
3 years ago
9

Johnson Bailey and Kailey Clark's corporation, Bailey-Clark Financial, is branching out into the field of escrow handling. They

know the corporation must be licensed by the State of California. There are a total of 5 officers, trustees, and other employees who will have access to the money or negotiable securities in the possession of the corporate license, and have furnished a bond of indemnification against loss. Has the corporation fulfilled all necessary licensing requirements to work in escrow handling?
Business
1 answer:
irina1246 [14]3 years ago
4 0

Answer: No

Explanation:

In carrying out proper work that has to do with financial claims, it is relevant to always consider all terms in place before carrying out the work. Johnson Bailey and Kailey Clark's corporation, Bailey-Clark Financial must meet the requirements in section A and B in addition and the cooperation must furnish a surety bond in some amount depending on what's considered on yearly basis on average trust fund obligations.

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For each of the scenarios below, determine whether you think it is likely that an employer could be discriminating against apers
mihalych1998 [28]

Answer: A young lawyer who just finished work on a multimillion -dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation

This is not a case of discriminating against a person because of age, as we can see the young lawyer is better suited for a job in economic development as he already has worked on a development deal, where as the older lawyer is a litigator

A large retail outlet hires an 80-year-old woman to greet customers instead of a 30-year-old woman who has been greeting customers in other stores for a decade

This may be a case of age discrimination, because the 30 year old seems to be the better candidate, because she has experience in this work and will be more energetic than the 80 year old as well

The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

This may be a case of age discrimination because the employer is firing a graduate who has had 3 years of experience and hiring someone who hasn't graduated and has no experience

Explanation:

3 0
4 years ago
Which two forms of financial aid require the student to bear the costs of college education??
Oxana [17]
The two forms of financial aid that is required for a student to bear the cost of college education are the following; direct loans and work study programs. It is because direct loans can help a student to provide money that they could lend and be paid off based on the time period it provides while work study program assist students in means of providing money for the student in which in return, they should work for them with no money to be paid for them.
5 0
3 years ago
Russell Company collected cash of $780 immediately after providing consulting services to a client. Which of the following gener
Andrej [43]

Answer:

Debit Utilities Expense 400

Credit Accounts Payable 400

Explanation:

7 0
3 years ago
While setting the price of a product, what must managers consider? A cost of the whole marketing mix B) buying capacity of the c
Naddik [55]

Answer:

While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company

Explanation:

Key factors in calculating the sale price can be:

  • Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
  • Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
  • Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;

Cost-based pricing has its sub-methods such is Cost plus method

The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.

Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.

Formula: price = Direct costs + Indirect costs + Rate of profit

5 0
3 years ago
Select the correct answer, then click on Check. Statement: "This is Unit 1, we have a 10-37, Code 2." Does this statement comply
ICE Princess25 [194]

Answer: Select the correct answer, then click on Check. Statement: "This is Unit 1, we have a 10-37, Code 2." Does this statement comply with the NIMS Management Characteristic of common terminology? Yes No

Explanation:

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3 0
4 years ago
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