Being costly due to high salaries and moving costs of managers
Answer: The Truth in Lending Act (TILA) of 1968
Explanation: TILA is a law enacted by the USA federal law to protect lenders and consumers generally are treated justly.
The laws requires lenders to disclose the APR (annual percentage rate) of loans, finance charge, repayment schedule and total repayment amount in the documents to be sent to and signed by the lenders.
This is to control the excesses of lenders and the terms used in the contact must be simple to understand by the borrowers.
Answer:
This question is incomplete, the options are missing. The options are the following:
a) He should consult lawyers about the possibility of suing for copyright infringement.
b) If the industry barriers to entry are low, he doesn't need to do anything.
c) He needs to find out if his company as well as other companies can provide the complements.
d) If the industry barriers to entry are high, he doesn't need to do anything.
And the correct answer is the option C
Explanation:
To begin with, the fact that Steve is the manager in charge of the product design and development at a toy company indicates that he has to be very open minded when new complementors arrive to the market so that he and his team could use their imagination to have an storm idea and try to implement them as good as they can so a perfect new toy will be produced in his company. Therefore that at first sight he should look up the fact that if they could use and provide those complements so that a plan to do that will start taking form in the team, otherwise if they could not provide those complementors then the joy for those arrivals will be for nothing.
A bank belonging to the Federal Reserve System is a <span>member bank<span>.</span></span>
Hope this helps!
Answer:
$6360
Explanation:
Contract value when the trader sold short = 76.98c * 50000 = $38,490
Contract value when he closed out his contract = 64.26c * 50000 = $32,130
Since the trader had sold short, he is speculating that the price of the futures contract will go down. The value of the contract did go down (in the traders favor) so the difference in value when he sold short and when he closed out his contract will be the profit gained in dollars. Please note that the initial futures prices are quoted in cents and would need to be converted to dollars by dividing by 100c i.e. 3,213,000c = $32,130
Therefore the profit made by the trader in dollars is $38,490 - $32.130 = $6360
