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Bad White [126]
3 years ago
7

1. The discount rate is the interest rate the Fed charges on loans of reserves to banks.

Business
1 answer:
krek1111 [17]3 years ago
7 0

Answer:

1. True.

2. True.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

1. The discount rate is the interest rate the Fed charges on loans of reserves to banks.

2. The federal funds rate is the interest rate banks charge for overnight loans of reserves to other banks.

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Fallsview Glatt Kosher Caterers ran a business that provided travel packages, including food, entertainment, and lectures on rel
inessss [21]

Answer: The Contract is valid.

Explanation:

Under the UCC’s Statute of Frauds, transactions above $500 for goods cannot be made orally alone and have to be written in writing as well. This is the law that Rosenfield relied on.

However, Fallsview can argue that the Passover Retreat is not a Good, but rather a Service in which case it does not fall under the Statute.

The main bone of contention thereby becomes, if indeed it is a service or a good.

If it is a Hybrid of both, then the Court needs to decide if the services outweigh the goods involved.

From the text we see that the following were included in the package, food, entertainment, and lectures on religious subjects.

Food is the only good there and is outweighed by Entertainment and lectures on religious subjects.

As such, the contract is valid as it is for more service than good.

4 0
3 years ago
Read 2 more answers
Which term refers to the target toward which the open management system is​ directed?
ipn [44]

<span>The correct answer is organizational objectives</span>

<span>Organizational objectives are the targets toward which the open management system is directed. </span>
Organizational objectives are derived from the organization’s Mission and Vision. An organization that is
accomplishing its objectives, is also simultaneously accomplishing its purpose and thereby justifying its reason for existence(mission)

6 0
3 years ago
Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus
Nastasia [14]

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

6 0
3 years ago
What is a good sport or activity to do in high school that looks good on your college application?
nekit [7.7K]

Answer:

football,volleyball,tennis, basketball or

singing,dancing e.t.c

3 0
3 years ago
The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balan
VMariaS [17]

Answer: d. $240,400

Explanation:

To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).

That would be,

= 233,000 + 31,600 - 24,200

= $240,400

$240,400 is the Cost of Goods sold for the year so Option D is correct.

8 0
3 years ago
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