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prisoha [69]
4 years ago
6

If you have a financial professional advising you on investments, it is not necessary to do your own research.

Business
2 answers:
vovangra [49]4 years ago
4 0

Answer:

False

Explanation:

n200080 [17]4 years ago
4 0

Answer:

False

Explanation:

The fact that you have a financial advisor is no reason for you to stop doing your own research. You should interact with everything the counselor proposes, you must research to know the risks better. Sometimes he forgets or even omits information that may be relevant to you when deciding how to use your money.

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Croissants Corporation and Donuts Company transfer their assets to Edibles Inc., which manages the assets and distributes the pr
sergejj [24]

Answer:

Edibles Inc.

This arrangement whereby Croissants Corporation and Donuts Company transfer their assets to Edibles Inc. is called:

d. a business trust.

Explanation:

Edibles Inc., as a trustee, carries out business transactions on behalf of Croissants Corporation and Donuts Company, who are regarded as the trust's members (or beneficiaries).  It is a formal structure that safeguards an entity's assets against creditors and ensures that the business is professionally run in line with accepted practices.

5 0
3 years ago
Consumer protection laws are meant to:
irinina [24]
B , is the best answer
6 0
3 years ago
Read 2 more answers
Bank a has total deposits of $125 million and total reserves of $26 million. the required reserve ratio is 15 percent. the bank
olga2289 [7]

The bank has an excess of $7,250,000. The total deposits maintained by the bank are $125 million. The reserves maintained by the bank are $26 million. The required reserve ratio is 15%.

Total deposits are 125,000,000.

The Required reserve ratio is 15%.

So in actuality, the bank had to maintain a reserve of $18,750,000.

It is maintained a total reserve of $ 26,000,000.

Excess reserve of $7,250,000.

The banks are required to maintain a particular percentage as reserve of the amount deposited with them. Deposit is that amount that the customers maintain with them. The banks make a profit by lending this deposit to other lenders. The bank has to keep an amount as reserve to see that they are able to pay back the customer their deposit amount if required by the customer.

Learn more about reserve and deposits of bank here:

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8 0
2 years ago
Which of the following is not a characteristic of rent controls?
nexus9112 [7]

The greater availability of apartments is not one of the tools that can characterize rent control.

  • The term rent control refers to the rules and regulations that are given by the policymakers. The rent control can reduce the quality and the rental housing units.

Hence the option B is correct.

Learn more about the  is not a characteristic of rent controls

brainly.com/question/1331723.

7 0
2 years ago
Read 2 more answers
Decentralized purchasing is the practice where individual, local purchasing departments throughout a single corporation make the
likoan [24]

Answer:

True

Explanation:

Decentralised purchasing also means the purchase of each manufacturing center necessity in the organisation. This method, instead of dropping buying power with a single branch,it would be given to regional offices or branches. They have the power to buy the items needed as per their demands. Acquiring in large quantities lowers the cost to the company.

3 0
3 years ago
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