Answer:
has a fair market net worth sufficient to sustain the risks of the program.
Explanation:
FINRA is an acronym for Financial Industry Regulatory Authority. It is a non-profit agency in the United States of America, which is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
A direct participation program (DPP) can be defined as a financial security which gives an investor (customer) access to the cash flow and tax benefits of a business venture.
Under FINRA rules, to recommend a direct participation program (DPP) to a customer, the registered representative must ascertain and ensure that the customer has a fair market net worth that is considered to be sufficient to sustain the risks associated with the program, including loss of investment and lack of liquidity.
Answer:
GDP is likely to remain same as a result of this conversion.
Explanation:
GDP is the total value of goods & services, produced by an economy, during a given year.
It can be calculated by 2 methods
- By Expenditure method : GDP = Private Final Capital Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
- By Income method : NDP = Compensation of Employees + Operating Surplus (Rent + Profit + Income) + Mixed Income
Given case - Converting a rented apartment into a resident owned condominium , with value of housing services = rent formerly paid :
This brings no change in the GDP, as : The apartment 'rent' previously paid was included in 'operating surplus' of national income, by Income method. And, the equal condominium value is now included in investment addition i.e 'Gross domestic capital formation' , by Income method.
When the value of technology utility and network externality benefits exceeds monopoly Costs.
Answer:
It is both qualitative data and primary data.
Explanation:
Qualitative data is data that is not expressed in numerical values. Kay & Maggie are asking for opinons in the survey and interviews. These opinons are not numbers, they are words, language, therefore, they are qualitative.
It is primary data because Kay & Maggie are collecting the information directly from the desired source, the customers, instead of collecting the data from a third party.
Answer: Escape avoidance
Explanation:
Escape avoidance also known as avoidance coping, is an approach that is used to deal with stress related issues. Escape avoidance is a form of coping which involves the changing of one's behavior in order to avoid thinking or feeling things that makes the person uncomfortable.
Escape avoidance involves trying to avoid stress than dealing with them.
It is a great way to relieve stress. Ron hanging out with friends after his losses is trying to take his mind away from the losses and relieve his stress. This is escape avoidance.