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Helen [10]
3 years ago
12

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders

need 10 rights to subscribe to 1 new share at a price of $19. Fractional shares can be rounded up to purchase 1 full share. As of the ex date, the stock is trading at $29. The value of the right is:
Business
1 answer:
VashaNatasha [74]3 years ago
4 0

Answer:

The value of a right is $1

Explanation:

10 rights are needed to buy 1 share at the price of $19

Value of total rights = $29 - $19 =$10

Value of a right = \frac{10}{10} = $1

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Fred Arden is tried in a criminal court and found innocent of the charge of theft. Shawn Finister, the victim of the alleged cri
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Answer:

The civil court filing must be dismissed because of the constitutional right against double jeopardy.

Explanation:

Double jeopardy is the legal concept that protects a person from being tried again for the same or similar charge following his aquittal or conviction.

Fred Arden has been tried in criminal court and found innocent. Shawn is trying to sue him again for the same act in civil court.

This is against the rule of double jeopardy.

6 0
3 years ago
Which of the following economic systems best describes the economy of the United States?
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The BEST description of the economic system of the United States is <u>D. free-market capitalism.</u>

<h3>What is free-market capitalism?</h3>

Free-market capitalism is known for the following features:

  • Private individuals control the factors of production.
  • It is a purely capitalist economic system.
  • The laws of supply and demand regulate production, labor, and the marketplace.
  • An unregulated system of economic exchange reigns.
  • Non-existence of or minimal presence of centralized economic interventions.

The best description of the economy of the United States is not:

  • Marxism
  • Command
  • Socialism
  • Closed economic system.

But the BEST description of the economic system of the United States is <u>D. free-market capitalism</u>.

Learn more about free-market capitalism at brainly.com/question/3369578 and brainly.com/question/600577

8 0
2 years ago
Read 2 more answers
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What
navik [9.2K]

Answer:

The property will be transferred according to the Statute of Descent and Distribution.

Explanation:

Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.

When this happens the descent and distribution statute comes into play.

The heirs or next of kin are beneficiaries to the estate. Heirs can be be blood relatives, adopted children, adopted parent, or surviving spouse.

The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.

In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.

6 0
3 years ago
Using a spreadsheet computer software program, construct a supply chain finance model to determine the redelivery/rehandling cos
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Those links are scams you should try using the app Socratic it’s just as good as Brainly:)
8 0
3 years ago
Hollister Company amended its defined benefit pension plan at the beginning of 2020 and recognized prior service cost of $1,700,
zzz [600]

Answer: b. $ 1,900,000

Explanation:

The Net Increase in PBO can be calculated by the formula;

= Prior service cost + Service cost + Interest on the PBO - Benefits paid

= 1,700,000 + 400,000 + 190,000 - 390,000

= $1,900,000

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3 years ago
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