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Free_Kalibri [48]
3 years ago
8

Sam is a promoter acting on behalf of a corporation that has not yet been fully incorporated. Under the Revised Model Business C

orporation Act, if Sam acts on behalf of the yet-to-be-formed corporation, who is liable in the event of a breach of contract?
Business
1 answer:
Artyom0805 [142]3 years ago
5 0

Answer:

The corporation becomes liable once formed, and Sam will be shielded from liability.

Explanation:

Before the revised model business corporation, liabity of any contract entered to or on behalf of a yet to be formed corporation will be borne by the person or agent and not by the yet to be formed corporation.

As a result of the above mention, it has become extremely difficult for persons or agents acting on behalf of an unincorporated business thereby making them suffer for the liability of the yet to be formed corporation.

Since the revised model business corporation act has been amended, the interest of persons or agents entering into contracts on behalf of a yet to be formed corporation is now being protected as the corporation(after being formed) will now be held liable for any breach of contract and not the agent.

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A 4.75 percent coupon municipal bond has 20 years left to maturity and has a price quote of 101.30. The bond can be called in ei
Vladimir79 [104]

Answer:

Answer is given below.

Explanation:

Par value of bond = $ 5000

Coupon rate = 4.75% * 6 / 12 = 2.375% Per period

Term = 20Years *2 = 40 Periods

Current price of bond = Par value * 101.30% = $5,000 * 101.30% = $5,065

Callable price = Par value + Call premium = $5,000 + $5,000 * 4.75% = S5,237.5

Callableterm = 8 Years * 2 = 16  Periods

Couponamountperperiod =Parvalue • Couponrate = $5000*2.375% = $118.75

Current yield = Coupon amount /Current price = $118.75/$5,065 = 0.023445212 = 2.345%Per period Rounded)

Currentyield = 2.345%Perperiod *2 = 4.69%Perannum

YTM = [Coupon amount + (Maturity value - Current price ) / Term] / [(Current price + Maturity value ) /2]

= [$118.75+($5,000-$5,065)/40]/[($5,065+S5,000)/2]

= $117.125 / $5032.5

= 0.023273721 = 2.33%Perperiod

YTM = 2.33% * 2 = 4.66% Per annum

Tax rate = 36%

After tax equivalent yield YTM (1 -Tax rate) = 4.66%(1-36%) = 2.9824% Per annum

Yield to call (YTC) = [Couponamount+(Call price - Current price)/Callable Term/ [(Current price+Call price)/2]

= [$118.75 + ($5,237.5 - $5,065)/16 ] / [($5,065 + $5,237.5)/ 2]

= $129.53125/ $5151.25

= 0.025145596 = 2.515%Per period (Rounded)

YTC = 2.515%2 = 5.03%Per annum (Rounded)

4 0
3 years ago
Read 2 more answers
Which of the following is a good time management technique
Sauron [17]
A. Knowing how to prioritize
4 0
3 years ago
Read 2 more answers
Creating a Multimedia Presentation to Demonstrate Knowledge of Agriculture, Food, and Natural Resource Careers For this assignme
professor190 [17]

Answer:

Create a bulleted list describing four tasks for Farmworkers and Laborers, Crop that are listed as

common tasks on the O*NET site.  

• Harvest plants, and transplant or pot label them.

• Harvest fruits and vegetables by hand.

• Set up and operate irrigation equipment.  

Create a bulleted list describing four work activities for Farmworkers and Laborers, Crop that are listed

as common work activities on the O*NET site.  

the slide.

• Handling and moving objects.

• Preforming general physical activities.

• Getting information.

• Identifying objects, actions, and events.

Create a bulleted list describing work contexts for Farmworkers and Laborers, Crop that are listed as

common work contexts on the O*NET site.  

to the slide.

• Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or

Controls

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Spend Time Standing

 

Common Tasks for Foresters

Create a bulleted list describing four tasks for Foresters that are listed as common tasks on the O*NET

site.

• Monitor contract compliance and results of forestry activities to assure adherence to

government regulations.

• Plan and supervise forestry projects, such as determining the type, number and

placement of trees to be planted, managing tree nurseries, thinning forest and

monitoring growth of new seedlings.

• Establish short- and long-term plans for management of forest lands and forest

resources.

• Determine methods of cutting and removing timber with minimum waste and

environmental damage.

 

Create a bulleted list describing four work activities for Foresters that are listed as common work

activities on the O*NET site.  

• Getting Information

• Identifying Objects, Actions, and Events

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates  

Common Work Contexts for Foresters

Create a bulleted list describing work contexts for Foresters that are listed as common work contexts on

the O*NET site.  

• Electronic Mail

• Face-to-Face Discussions

• Telephone

• Freedom to Make Decisions    

Common Tasks for Nursery and Greenhouse Managers

Create a bulleted list describing four tasks for Nursery and Greenhouse Managers that are listed as

common tasks on the O*NET site.

• Collect and record growth, production, and environmental data.

• Manage nurseries that grow horticultural plants for sale to trade or retail customers, for

display or exhibition, or for research.

• Direct and monitor trapping and spawning of fish, egg incubation, and fry rearing,

applying knowledge of management and fish culturing techniques.

• Direct and monitor the transfer of mature fish to lakes, ponds, streams, or commercial

tanks  

Common Work Activities for Nursery and Greenhouse Managers

Create a bulleted list describing four work activities for Nursery and Greenhouse Managers that are

listed as common work activities on the O*NET site.  

to the slide.

• Making Decisions and Solving Problems

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates

• Scheduling Work and Activities  

Common Work Contexts for Nursery and Greenhouse Managers

Create a bulleted list describing work contexts for Nursery and Greenhouse Managers that are listed as

common work contexts on the O*NET site.  

to the slide.

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Freedom to Make Decisions

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Veterinarians  

Create a bulleted list describing four tasks for Veterinarians that are listed as common tasks on the

O*NET site.  

• Treat sick or injured animals by prescribing medication, setting bones, dressing wounds,

or performing surgery.

• Inoculate animals against various diseases, such as rabies or distemper.

• Examine animals to detect and determine the nature of diseases or injuries.

• Collect body tissue, feces, blood, urine, or other body fluids for examination and

analysis.  

Create a bulleted list describing four work activities for Veterinarians that are listed as common work

activities on the O*NET site.  

• Making Decisions and Solving Problems

• Getting Information.

• Updating and Using Relevant Knowledge

• Identifying Objects, Actions, and Events  

Common Work Contexts for Veterinarians

Create a bulleted list describing work contexts for Veterinarians that are listed as common work

contexts on the O*NET site.  

• Face-to-Face Discussions

• Telephone

• Indoors, Environmentally Controlled

• Contact with others

Explanation: hope this helps this is what I got

5 0
3 years ago
Read 2 more answers
Last month some of your friends were riding in a car together and were injured in an accident. Their total injuries were as foll
Klio2033 [76]

If they  were injured in an accident. The total medical coverage in this accident is: $225,000.

<h3>Total medical coverage</h3>

$100,000 is for bodily injury liability insurance per person.

Hence:

Using this formula

Total medical coverage=Total injuries + Coverage

Let plug in the formula

Total medical coverage=$125,000+$100,000

Total medical coverage=$225,000

Therefore the total medical coverage in this accident is: $225,000.

Learn  more about Total medical coverage here: brainly.com/question/16760144

brainly.com/question/13851009

#SPJ1

4 0
2 years ago
Suppose that a store sells candy bars for $0.89 for one and $1.50 for two. The marginal cost of the second candy bar is:
hoa [83]

The marginal cost of the second candy bar is:$0.61.

<h3>Marginal cost</h3>

Using this formula

Marginal cost=Selling price for two-Selling price for one

Where:

Selling price for one=$0.89

Selling price for two=$1.50

Let plug in the formula

Marginal cost=$1.50-$0.89

Marginal cost=$0.61

Inconclusion the marginal cost of the second candy bar is:$0.61.

Learn more about marginal cost here:brainly.com/question/16615264

4 0
2 years ago
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