If a multinational company in England pays cash for a factory in India then the company in England has a

Rangle contracts with Siena to buy a certain horse for her. Rangle makes a deal with Timberline Stables, the owner of the horse,

Ann [662]

Answer: indemnification

Explanation: The indemnification clause is essentially the other party's obligation to compensate your damages if they do something that hurts you or allows you to be sued by a third party.

Indemnifying and keeping innocent means the same thing — making it whole after a defeat. Usually, but not always, the obligation to indemnify is reconcilable with the contractual obligation to "keep harmless" or "save harmless.

Hence from the above we can conclude that Rangle has right of indemnification.

6 0

3 years ago

Pete Rool made deposits of $6,000 at the end of each quarter to Rote Bank, which pays 8% interest compounded quarterly. After 3

Aleksandr [31]

Prt i=prt
p=$6000 i=6000x8%x3yr
r=8% i=1440x2=2880
t=3yr

8 0

3 years ago

The natural rate of unemployment is 4%, and the economy is producing 95% of its potential output. Okun's law predicts an unemplo

Anon25 [30]

Answer:

so correct option is C. 6.5

Explanation:

given data

natural rate of unemployment = 4%

economy producing = 95%

solution

we know here as Okun's law for the every 1 percentage increase in unemployment rate

GDP of country = 2% lower than potential GDP

but here is country GDP = 5% lower than potential GDP

so there is increase in the unemployment rate = 5% ÷ 2 = 2.5%

and unemployment rate is given = 4%

so effective unemployment rate will be

effective unemployment rate = 4% + 2.5%

effective unemployment rate = 6.5%

so correct option is C. 6.5

6 0

3 years ago

How much cash will an investor have to pay on a property where the bank is providing a loan at 75% LTV, on a purchase price of $

daser333 [38]

Answer:$1,837,500

Explanation:The LTV (Loan-to-value) ratio refers to the value signifying the difference between what is owed on a mortgage and the original mortgage value.

LTV = 75%

LTV = 0.75

Purchase price = $5,550,000

Bank will provide a loan to fund the mortgage at 75% LTV

Therefore,

Mortgage at 75% LTV equals 0.75*$5,550,000 = $4,162,500.

Therefore, The investor will pay the balance on the purchase price and the closing balance.

Closing costs = $450,000

Balance on purchase price equals

$5,550,000 - $4,162,500 = $1,387,500

Total= balance + closing costs

Total = $1,387,500 + $450,000=$1,837,500

5 0

3 years ago

why do you think governments want to influence the supply of alcohol and tobacco products by imposing excise taxes?

anastassius [24]

So that the government earn more revenue .Few governments for exampe India people are still ready to pay high to consume alcohol and tobacco,So therefore Indian government charges high tax(not too high) so that the consumers doesn't decrease their consumption and increase the government revenues to reduce the consumption .if taxes are high people might refuse to buy tobacco and alcohol thus reduces the consumption

4 0

3 years ago