Answer:
c. drafting a contract illegally.
Explanation:
In the contracting process, a licensee must be careful to drafting a contract illegally. The licensee can be defined as an individual or group of people holding a license given to them by an authority or authorized agencies, to engage legally in an activity.
Hence, it is required by law that whatever the licensee does after the acquisition of a license must be legal and not a violation of standard rules, and policies of the state or society. Licensee are to abide by the terms and conditions of the license.
Answer:
6.816%
Explanation:
The real rate of return is nominal rate of return less inflation rate
(1 + nominal rate ) = (1 + real rate ) x (1 + inflation rate)
= 1.097 = real rate x 1.027 = 1.06816 - 1 = 0.06816 = 6.816%
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The rate of return if the price of Telecom stock goes up by 6% during the next year is 8.00%
What is rate of return?
The rate of return on the bullish strategy is the return on the stock minus the interest on the borrowing.
The share price increase of 6% means the total amount invested would increase by 6%
new value of investment=$16000*(1+6%)
new value of investment=$16,960
interest on borrowing=4%*$8000
interest on borrowing=$320
Gain on investment=new value of investment-initial investment-interest on borrowing
Gain on investment=$16,960-$16,000-$320
Gain on investment=$640
rate of return=gain on investment/equity investment
rate of return=$640/$8000
rate of return=8.00%
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The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
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Answer:
(C) Partner A will have a smaller loss absorption potential than L