$500 Balance Assist - Bank of America customers can now borrow up to $500 (in increments of $100) for a $5 flat fee, regardless of the amount advanced to their account, thanks to this new short-term, low-cost loan.
<h3>Persuades bank of America to loan money?</h3>
Collateral Promise to Pay Another's Debt - In order to be enforceable, debt surety or guarantee arrangements must be in writing. These documents serve as evidence of a pledge to pay back a loan.
- This includes scenarios in which business owners guarantee their company's debts.
- Jennifer persuades bank of America to loan money to her friend by orally agreeing to guarantee the loan, in exchange the friend promises to give her 50% ownership in the company that she establishes with the loan Sales of products valued at $500 or more are covered by the UCC's rules. Any contract for the sale of goods for $500 or more must be in writing in order to be enforceable under the UCC. Any such agreement may only be modified in writing.
- Generally speaking, the person being enforced upon must sign the agreement. A handwritten agreement or a mark, seal, stamp, or electronic signature can all be considered signatures. Even though it is not signed by the other merchant, a confirmation of the contract made by one merchant that is accepted by the other merchant will be considered sufficient between merchants.
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When communicating during a job interview, an advantage is that you can let the potential employer be aware of your interest in the position, question you may have and share more information with the interviewer other than what is listed on your resume. When you are in the interview, making sure you communicate all of your thoughts is important because you want to give the best side of yourself that the employer may see fit for their business.
Answer:
a.balance sheet as a current liability
Explanation:
Unearned fee refers to money received from a customer for services not yet done, or for goods not delivered. It is a prepayment for work not yet done. Unearned fees are reported in the accrual accounting system. The economic activity that results in earning revenue has not been executed.
Unearned fees create an obligation for the business to honor. The business becomes indebted to the customer who has made a prepayment. An unearned fee is thus a debt and has to be recorded as a liability. In practice, the service or goods paid for in advance should be delivered within the same period. Therefore, the unearned fee is recorded as a current liability.
With the real money supply held constant, the theory of liquidity preference implies that a higher income level will be consistent with a higher interest rate
.
Option A
<u>Explanation:
</u>
The choice for liquidity in economic theory is money demand, which is seen as liquidity. In his novel The Central idea of Jobs, Interest, and Money, John Maynard Keynes created this concept to illustrate the determining of interest rates by market forces for money.
In practical terms, the faster the asset has become currency, the more liquid it becomes. The liquidity selection theory refers to cash demand as calculated by liquidity.
Example: a Treasury bill could pay a 2% interest rate, a Treasury bill of 10 years might pay a 4% interest rate, a Treasury bond of 30 years might pay a 6% interest rate. To order for a higher rate of return for the lender to surrender equity, they must agree that cash is stuck for a long period of time.
Answer:
Expected return will be 22.65 %
Explanation:
We have given recently paid dividend = $1.26
Growth rate g = 20.16 %
Current stock price 
$
Next year dividend 
We have to find the expected return 
We know that current stock price is equal to 
60.72 - 12.241 = 1.514
60.72 = 13.755
= 0.2265 = 22.65 %
So expected return will be 22.65 %
