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allsm [11]
3 years ago
15

A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru

st. The trustee may take action in those circumstances because he holds:A) naked title.B) equitable title.C) reversionary title.D) public title.
Business
1 answer:
Ganezh [65]3 years ago
4 0

Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.

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Answer:

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Explanation:

According to the law of supply, when the price of product is increases, then the quantity supplied of that product would also increases and if the price of product is decreases, then the quantity supplied of that product would also decreases. That means it shows a direct or positive relationship between the price and the quantity supplied keeping other factor constant i.e they do not changed.

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3 years ago
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6 0
3 years ago
Read 2 more answers
Bartlett Company's target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.0
anyanavicka [17]

Answer:

WACC is 9.26%

Explanation:

WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.

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WACC = ( Cost of common share x Weightage of common share ) + ( Cost of Preferred share x Weightage of Preferred share ) + ( Cost of debt x Weightage of debt )

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WACC = ( 12.75% x 45% ) + ( 7.5% x 15% ) + ( 6% x 40% )

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4 0
3 years ago
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