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qwelly [4]
3 years ago
10

In an FRA, the buyer agrees to pay the seller

Business
1 answer:
guapka [62]3 years ago
8 0
C.

A Forward Rate Agreement (FRA) is an OTC rate derivative in which the buyer will pay or receive at maturity the difference between a fixed rate and a reference interest rate applied onto either a borrowing or lending (the notional is never exchanged), for a specific period of time.
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Metro Facilities, Inc., contracts to sell a parking garage to Nouveau Property Company. The contract provides that if Metro does
Inga [223]

Answer:

D) a penalty clause

Explanation:

Penalty clauses are usually not enforced by the courts since they generate an excessive charge against the other party for defaulting or breaching a contract. Generally penalty clauses are considered excessive since they aren't proportional to the damages incurred.  

6 0
3 years ago
Department and shift teams in many hospitals have brief stand-up daily huddles during which team members share information and e
nadya68 [22]

A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.

<h3 /><h3>What is media wealth theory?</h3>

It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.

Therefore, high media richness is related to reducing ambiguity in a communication, conveying a message more quickly and effectively.

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4 0
2 years ago
The tax professional can reduce the chances that staff personnel will incur IRS preparerpenalties by adopting a "tone at the top
poizon [28]

Answer:

True.

Explanation:

Preparer penalties are sanctions imposed by the internal revenue code on tax professional who are found negligent in discharging their professional duties in tax matters. These sanctions range from financial fines to imprisonment. And Internal Revenue Code has relevant sections for each category of negligence. Normally, it is the staff personnel that has the highest exposure to the risk of being negligent and tax professionals will put in place adequate measures to reduce this exposure to preparer penalties. One of such measures that are employed to reduce the chances of staff personnel incurring  IRS preparer penalties is tone at the top approach. This approach is used by management to establish the ethical value of the firm. It set up the environment in which management relay their commitment to upholding ethical values, such as integrity, diligence and objectivity.

This established tone will serve as guiding map to the staff personnel who are expected to follow the guideline in discharge of their duties. And in turn, this regulated behavior of staff personnel and demonstrated commitment of management to upholding ethical values will help to reduce the chances of staff personnel incurring IRS preparer penalties because of the presence of atmosphere of integrity and diligence in the organisation. So the answer is true.

4 0
3 years ago
To what degree a country's legal system is based on the rule of law matters little in international business.
marissa [1.9K]

Rule of law is very important in case of country’s legal system

This means that no one can be regarded to be above the law in a society where the rule of law exists. In a parliamentary democracy, the rule of law places a duty on all citizens to uphold the law, and in order to do so, the legislation must be just and not arbitrary. The goal of the rule of law, like other constitutional concepts, is to advance peoples' freedom and basic rights.

People and corporations must abide by the regulations set forth by the rule of law in order to avoid penalties. The rule of law establishes norms for businesses so that they, too, know what is required of them in their transactions and enables people to comprehend what is expected of them in their personal capacities.

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3 0
1 year ago
6. Respond to the following prompts about the goals and effects of government spending on the
zysi [14]

Any type of government-funded program, such as health care, social assistance, unemployment benefits, payments to banks, and national military, can have an impact on government spending.

What is government?

The term "Government" is legal authority or system which is controlled by office, public sector, country and state.

The government's main objectives are to increase the macroeconomic supply side, which includes spending on things like education, health care, and training to increase labor productivity as well as providing subsidies to help people financially.

Government spending has a negative impact on the economy because it drives inflation by raising living expenses through subsidies. Demand is artificially raised by government subsidies.

As a result, factors including health, social services, unemployment benefits, etc. may have an impact on government spending.

Learn more about on government, here:

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6 0
1 year ago
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