Answer:
The correct answers in order are:
Executory
Fulfilled their obligations
Not illegal
Explanation:
The Statute of Frauds prevents the enforcement of an executory contract, which is a contract in which the parties have not fulfilled their obligations. These contracts are not illegal.
An increase in the velocity of the money refers to a situation when the rate of changing leads to hand rises and ultimately results in an increase in the price level, indicating an inflation.
<h3>What is velocity of money ?</h3>
Velocity of money refers to a method with the help of which the movement of the money in an economy can be measured. When the number of hands changing money increases, there is an economic growth.
So, option C; states that there is an increase in the velocity of money when the rate at which money changes hands rises, the price level also increases.
Learn more about velocity of money here:
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Answer:
E. You should accept the $200,000 because the payments are only worth $195,413 to you today
Explanation:
We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate
C 1,400.00
time 240 (20 years x 12 month per year)
rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)
PV $195,413.0804
Answer:
price for selling 3000 share right is $25060.87
Explanation:
Given data:
Total Amount raised= $4,400,000
Spreading rate = 6%
Subscription price = $20 per share
Number of share owned by company = 500,000
Per share cost = $45
Totals share own in the company = 3000
subscription price after deducting spreading rate ![= 20\times (1 -0.06) = $18.80](https://tex.z-dn.net/?f=%3D%2020%5Ctimes%20%281%20-0.06%29%20%3D%20%2418.80)
Now, Right share ![= \frac{4400000}{18.8} = 234,043](https://tex.z-dn.net/?f=%20%3D%20%5Cfrac%7B4400000%7D%7B18.8%7D%20%3D%20234%2C043)
Right price is calculated as
Right price = ((Number of share held * market price) + (Right share *Right price))/( Number of share held + Right share)
plugging all value in above relation
![= \frac{500000 \times 45 + 234043\times 18.8}{500000 + 234043}](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B500000%20%5Ctimes%2045%20%2B%20234043%5Ctimes%2018.8%7D%7B500000%20%2B%20234043%7D)
Right share = $36.65
single right value = 45- 36.65 = $8.35
Price for 3000 share right = 8.35 *3000 = $25060.86