All categories

4 years ago

To be in litigation is the same thing as to be in arbitration.

Business

1 answer:

n200080 [17]4 years ago

3 0

Answer:

That statement is false.

Explanation:

In litigation, both parties involved will settle the dispute in a court. The decision that determine their fate will be handed to the judge or juries.

An arbitration on the other hand, is an effort that both parties made to settle their dispute outside of the courts so They can rely on negotiation and finding common grounds. Typically, arbitration is used for commercial cases.

You might be interested in

Technological advances are difficult to predict. One great advance can replace or substitute for existing products in a relative

deff fn [24]

Answer:

The answer is: 3) Printed media

Explanation:

This is already happening, cell phones and tablets have already replaced digital cameras, Netflix is replacing cable TV and sooner than later cell phones and tablets will replace printed media completely.

Ask yourself, when was the last time you bought a newspaper? I haven´t bought a newspaper in years but I can also guarantee that I read more news outlets today that ever before. I can read the New York Times, The Washington Post, Sports Illustrated, etc. all on my cellphone. Using my phone is cheaper and faster (and also more ecological) than buying a printed version. In a few years probably no newspaper will have a printed edition, not even magazines will be printed anymore.

5 0

3 years ago

Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company

ryzh [129]

<span>Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.</span>

6 0

3 years ago

Analyse why a commercial bank may prefer to sell its services in foreign countries rather

faltersainse [42]

Answer:

They'll make more business and money.

Explanation:

They will sell their country's services to them since they don't have their services in that country.

3 0

4 years ago

technician a says that a ratio is a comparision between two valves. Technician b says that in a compressed ratio, the main value

alekssr [168]

Technician A is correct. It is true that there is a ratio of comparison between the two valves. Technician B is incorrect because it is only compressed in TDC. That is the reason that makes his statement wrong and making technician A right.

4 0

4 years ago

Colin is 40 years old and wants to retire in 27 years. His family has a history of living well into their 90s. Therefore, he est

NARA [144]

Answer:

$2.1 million

Explanation:

Colin will retire at 67 and expects to live 28 more years. Be believes that he will need approximately $112,500 (in current dollars) per year to live while he is retired. His social security benefits are $30,000 + $20,000 in a government sponsored annuity (in current dollars) per year, so that means that he needs to cover the remaining $62,500. In order to calculate this, I will assume that Colin receives his first distribution on his 67th birthday (annuity due) and each distribution is made on an annual basis and received on the subsequent birthdays until he turns 94 (28th distribution).

The $62,500 that Jordan expects to need once he retires must be adjusted to inflation (3%). In 27 years they will equal $62,500 x (1 + 3%)²⁷ = $138,830.56

Using an excel spreadsheet, I calculated the present value of Colin's 28 distributions using an 8% discount rate = $2,064,637.04 , which we can round up to $2.1 million

Colin currently has $200,000 in his retirement account and in 27 years (age 67), his account will be worth $200,000 x (1 + 8%)²⁷ = $1,597,612.29

this means that Colin will be $2,064,637.04 - $1,597,612.29 = $467,024.75 short

using the future value of an annuity formula, we can calculate the annual contribution:

annual contribution = future value / annuity factor

future value = $467,024.75
FV annuity factor, 8%, 27 periods = 87.35077

annual contribution = $467,024.75 / 87.35077 = $5,346.54

3 0

4 years ago