Counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.
Given an incomplete sentence related to potential exposure of the contract.
We are required to fill the blank with the appropriate word which means that the potential exposure that any individual bears that the second party to any financial contract will not be able to fulfill its obligations under a contract.
The appropriate word is counterparty risk.
Counterparty risk is basically the probability that the other party in an investment, credit,or trading transaction may not fulfill its part of the deal and may default on the contractual obligations.
Hence counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.
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Answer:
B. shift the demand curve leftward for tanning
Explanation:
According to the Food and Drug Administration, "...the ultraviolet (UV) radiation from these devices [sunlamps and tanning beds] poses serious health risks." As a result of reading this, the local mayor decides to introduce legislation that will put a 10% excise tax on tanning consumers. From an economic point of view, this will________
A. shift the demand curve rightward for tanning.
B. shift the demand curve leftward for tanning.
C. shift the supply curve rightward for tanning.
D. move down along the demand curve for tanning.
The excise tax is a legislated form of tax on specific goods and services at purchase; an indirect type of indirection taxation imposed on the manufacture, sale or the use of certain type of good and products. They are often levied upon goods services such as cigarettes, gasoline,alcohol, tobacco and gambling. They are considered unnecessary goods and services, Taxes are levied on them to raise their price and in order to reduce the amount they are been used.
The local mayor decides to introduce legislation that will put a 10% excise tax on tanning consumers in order to lower the demand for these devices
Consumer will now need to pay higher tax in addition to the price they will pay for the device, this is make people to tan less because of the extra cost. this will lead to a shift in the demand curve
Answer:
2%
Explanation:
To get the annual growth rate of real GDP per capita, the rule of 70 is employed.
The rule of 70 refers to technique to is used to calculate the numbers of years an investment, real GDP per capita, an investment, or any other amount will take to double. The formula for the rule of 70 is given as follows:
Number of years to double = 70 ÷ Annual growth rate ............... (1)
Since number of years to double is 35 as given in the question, we then substitute for it in equation (1) and solve for annual growth rate as follows:
35 = 70 ÷ Annual growth rate
Rearranging, we have:
35 × Annual growth rate = 70
Annual growth rate = 70 ÷ 35
Annual growth rate = 2
Note that the 2 obtained above conventionally mean 2%.
Therefore, the annual growth rate of real GDP per capita for this economy is 2%.
Answer:
The correct answer is d. Closed-loop verification
Explanation:
A CCTV or CCTV is an installation of connected equipment that generates an image circuit that can only be seen by a certain group of people, these are customized to adapt to the needs of each client whether they are oriented to security, surveillance or service improvement.
- CCTV systems have become a fundamental support in the prevention and control of loss and risks, as well as supervision to improve the effectiveness of companies.
- The supervision and control of customers and employees is more effective with the use of CCTV systems, the support of this task with intelligent systems make this work very simple with a small number of people.
- The coverage areas are more extensive, reducing surveillance costs and being more effective in terms of security.
- The control of lost thefts is more effective and not only because people know they are being recorded, but also because the culprits are easily discovered when reviewing the recordings.
- The existence of CCTV systems alone represents a deterrent, some companies prefer the use of cameras with sizes and appearances that look threatening to people with unhealthy intentions.