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dezoksy [38]
3 years ago
12

In 1945, an African American family tries to purchase a home in a White neighborhood, but realtors and mortgage lenders refused

to facilitate their purchase. This practice is an example of ______.
Business
1 answer:
stira [4]3 years ago
7 0

Answer:

The correct answer will be "Redlining".

Explanation:

  • Redlining seems to be the technique of refusing, or paying more than that for, service providers including certain banking, affordable healthcare, and perhaps even convenience stores, or refusing jobs especially to people, particularly disproportionately influenced communities.
  • In commercial property, it would be a discriminatory activity, especially when it involves investors who refuse to offer extra income and perhaps make payments to borrowers in many of these sections of the province.

So that given instance is an example of "Redlining".

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Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the
natali 33 [55]

Answer:

The correct answer is $10,000, 4% and 4th year.

Explanation:

According to the scenario, the given data are as follows:

Initial purchase = $10,000

At the end of 1st, 2nd and 3rd year = $400

At the end of 4th year = $10,400

(1). The principal amount of this bond is $10,000.

As Initial purchase of bond = Principal amount of bond.

(2). The coupon rate is 4%.

As, at the end of 4th year it pays = $10,400

Here, Principal amount = $10,000 and coupon value = $400

So, Coupon rate = $400 ÷ $10,000 = 4%

(3). The term of this bond is 4 years.

As the principal amount is repaid fully at the end of 4th year.

3 0
2 years ago
Which is the branch of the US Treasury Department that collects taxes?
romanna [79]
The answer to your question is IRS
6 0
3 years ago
Kuong Inc. sold a commercial office building used in the corporate business for $1.5 million. Kuong purchased the building in 20
mars1129 [50]

Answer: $107,600 ordinary gain and $530,400 Section 1231 gain

Explanation:

Section 1231 property is when a business property that's either real or depreciable is held for more than one year. It should be noted that section 1231 gain which arises when the property is sold will be taxed at lower capital gains tax rate which is versus the ordinary income rate.

Therefore, Kuong should characterize the $638,000 gain recognized on sale as $107,600 ordinary gain and $530,400 Section 1231 gain.

The correct option is C.

7 0
2 years ago
On December 29, 2005, BJ Co. sold an equity security investment that had been purchased on January 4, 2004. BJ owned no other ma
sineoko [7]

Answer:

AFS 2004 market price decline exceeded 2005 market price recovery

No No

The security cannot be classified as available-for-sale because the unrealized gains and losses are recognized in the Income Statement. Unrealized gains and losses on available-for-sale securities are recognized in owners' equity, not earnings.

The second part of the question is somewhat ambiguous. The 2004 price decline could exceed or be exceeded by the 2005 price recovery. The loss in the first year is not related in amount and does not constrain the realized gain in the second year.

The way to answer the question is to read the right column heading as implying that the earlier price decline must exceed the later price recovery. With that interpretation, the correct answer is no.

For example, assume a cost of $10 and a market value of $4 at the end of the first year. An unrealized loss of $6 is recognized in earnings. During the second year, the security is sold for $12. A realized gain of $8 is recognized-the increase in the market value from the end of the first year to the sale in the second year. Thus, the market decline in the first year did not exceed the recovery in year two. (It could have exceeded the recovery in year two but there is no requirement that it must.)

Explanation:

3 0
2 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Ne4ueva [31]

True. This is one of the most basic economic concepts which you should recite by heart.

7 0
3 years ago
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