Answer: 1. Yes he should
2. Municipal.
Explanation:
1. Tom seems to have a lot of medical expenses coming up and so he should set aside as much as he can to cover them.
Another reason he should is that contributions to this type of account are treated as tax deductible. This means that not only does he get to cover his medical expenses, they can also reduce the taxes that he pays for the year.
2. Municipal Bonds are tax exempt and so Karen stands to gain by investing in Municipal Bonds given her tax bracket.
With her tax bracket, the interest earned on the Corporate bond would be,
After tax interest earned = 7% ( 1 - 0.35)
= 4.55%.
This is less than the 5% she would receive from the high quality Municipal bond so she should invest in the Municipal Bond.
Answer:
b. They reflect the laws and regulations that affect social and economic behavior.
Explanation:
Morals are not universal and vary greatly depending on the underlying culture and religion. Even still in each civilization, there are many grey areas in the concept of morals. One thing that seems to be constant is that they reflect the laws and regulations that affect social and economic behavior. In this scenario, some developing countries believe that using children as a cheaper form of labor is fine since the children are getting paid and therefore, there are no laws prohibiting this action so people see it as morally correct. While other countries that see it as morally wrong have laws and regulations to prevent people from performing such actions. These laws and regulations are a form of dictating social and economic behavior by stating that it is morally wrong.
Answer:
External failure costs
Explanation:
A recall of a process is determined as a recommendation for a good or service to be returned, exchanged or replaced after a retailer or consumption watch group uncovers deficiencies that could impede performance, cause frustration or cause producers legal problems.
The thought of loosing money and being a failure is the one thing you must have confidence and start each day as if it was your last
Answer:
The correct answer is letter "A": strategic planning.
Explanation:
Strategic planning refers to the set of actions companies take to identify <em>strengths and opportunities</em> that could lead the firm through new paths to increase efficiency. When organizations look for diversification in the products they offer, thanks to strategic planning they can identify what plan they will use to increment their chances to be successful in the new venture.