Financial literacy<span> is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others.</span>
Answer: Relationship building is considered a waste of time.
Explanation:
A low context culture emphasis verbal and direct communication among participating people. There is no ambiguity in relationship terms which allows new entrant an easy entry and understanding for relationship building is secondary rather emphasis is on achieving set goals.
Answer: have utility..
Explanation: in order for anything to have worth you must br able to use it and it must work properly
Answer:
The answer is: Joan is not bound to buy Jack's car.
Explanation:
Jack is the offeror in this sales offer (the person that offers to sell a product) and Joan is the offerre (the person that wants to buy the product). In order for any agreement to be bounding, both the offeror and the offerre must accept the agreement's conditions. There are multiple reasons why Joan may have not been able to even look at Jack's offer, and unless she accepts it, it has no legal value.
As an extreme example, I can not send Tim Cook an offer to buy Apple Corporation for $10 and give him 10 days to reject the offer or else I would immediately become the owner of Apple Corporation.
Answer:
(C) A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue Indefinitely Into the future.
Explanation:
a false
the principal is never repaid on a perpetuity
d false the perpetuity is for an indefinite period of time.
definition:
the perpetuity consist in a principal which yield a return over time indefinite. this return do not include any amortization in the principal neither principal installment are done through the investment or loan life