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Rashid [163]
3 years ago
6

Many substandard condo developments have been built by small corporations that declare bankruptcy or go out of business when leg

al actions are started against them by condo buyers. What legal remedies might reduce this moral hazard​ problem? Legal remedies that might reduce moral hazard among small corporations that build condos include A. prohibiting these builders from receiving deferred payments. B. excluding these builders from insurance mandates. C. providing limited liability for these builders who incorporate. D. required these builders to post a surety bond. E. establishing wage maximums that these builders can be paid.
Business
1 answer:
xenn [34]3 years ago
3 0

Answer:

required these builders to post a surety bond.              

Explanation:-

A protection bond is described as just a three-party deal that technically bonds a contractor in need of the security, an obligatory in need of the bond and a security firm that markets the security. The contract promises that the trustee must behave according to certain legislation.

Therefore, a protection guarantee would be provided in the statutory remedy that just might minimize specific incentives for small condo-building companies.

If I'm considering purchasing a house in such a new facility, a few of the developer 's features would make purchasing more probable are his credibility on the industry as well as his regulatory compliance the specifics of the apartment.

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The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. If the price o
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Answer:

16.7 percentage

Explanation:

bond price = $1000 - $100 = $900

fixed amount / bond price * 100 = IR

(150/900) * 100 = 16.7%

The reason for this equation is that interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal.

originally the price if the bond is $1000 which later falls by $100, so that leaves us to a $900 bond rate.

The interest rate is typically noted on a annual basis known as the annual percentage rate (APR).

4 0
3 years ago
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12.The competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making A. entails little or no s
Vladimir [108]

Answer:

D. is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

Explanation:

A think global act local is a strategic business approach or concept which is aimed at achieving a low cost, effective cost, efficiency and focused strategy theme in all the locations where the firm has its operations but nonetheless avails local managers the opportunity and ability to adjust product

specifications, distribution and marketing channels to better satisfy local consumers, as well as effectively and efficiently match local market conditions.

Hence, the competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

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3 years ago
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3 years ago
What tends to happen to earnings as a person becomes more educated?
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As a person becomes more educated, the person may gain more money while working or applying to jobs and will gain more knowledge of their surroundings.
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3 years ago
A store has a $179.99 item on sale for 25% off, plus an additional 20% off. What is the percentage of savings off on this item?
Irina-Kira [14]

Answer:

Percentage of savings off=45%

Explanation:

Savings=discount×Original item price

First save=(25/100)×179.99=$44.9975

Additional save=(20/100)×179.99=$35.998

Total savings=(44.9975+35.998)=$80.9955

Percentage of savings=(Total saving/Original price)×100

(80.9955/179.99)×100=45%

8 0
3 years ago
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