That is False because a editor edits things.
Eco is most likely liable for FRAUD.
In contract law, misrepresentation refers to a false statement or fact made by one of the contract party to the other party which has the effect of inducing the other party into the contract. Misrepresentation is considered to be a fraudulent act.<span />
Answer:
False
Explanation:
The formula to compute the conversion ratio is shown below:
Conversion ratio = Par value of convertible security ÷ conversion price
The conversion ratio is computed by dividing the par value of convertible security or bond by the conversion price. The example is presented below:
Example: The par value is $1,000 and the conversion price is $20, so the conversion ratio is 50
Hence, the given statement is false
Answer:
b. 7.496%
Explanation:
Suppose the amount borrowed by the Sarah is $1,000 and its interest rate is 7.250% compounded monthly, the below mentioned amount will have to be paid by the Sarah after one year.
Amount to be paid after one year=1,000(1+7.250%/12)^12
=$1,074.96
Now we have to calculate the effective annual interest rate
interest rate=(1,074.96-1,000)/1,000=7.496%
So based on the above discussion and calculation, the answer is b. 7.496%