Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Explanation:
A security interest on a loan refers to a legal claim on collateral provided by the borrower ,it allows the lender to repossess the collateral and sell it if the loan goes default
A security interest reduces the risk for a lender, allowing it to charge lower interest on the loan.
Lower interest means that the borrower’s cost of capital will also be reduced.
Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Answer:
From a legal point of view this policy and the contracts that it includes are legal since the students are adults and can legally sign voluntary agreements.
Even though this policy is legal, I really doubt that it is ethical. My biggest concerns are not with the firm, but rather with the students that receive money in exchange for future employment. The accounting firm is well respected, so $2,000 will not be a lot of money for them even if they hand them out to several students. Students also probably need the money, but as accountants they will need to make sensitive judgements that will affect their clients and many stakeholders. Remember that this bonus is given to students that haven't yet decided what to study, and if they accept it and become accountants, their only motivation will be the money they can earn.
That is where our problem lies, is the company being irresponsible for hiring people whose main motivation is solely making money? As CPAs, that might be very complex and dangerous in the future.
Answer: The set of assets and liabilities linked to brand that add to or subtract from the value provided by the product or service is referred to as Brand Equity.
<u>Explanation:</u>
Brand Equity is the buzz word in the modern business and commercial world. It is the perceived and apparent value of brand name which can be the total worth of the organization. It is that value of the organisation that pulls consumers and customer as well as client base towards it.
Brand Equity in other words means the sum total worth or value added to an existing product under the same brand name. It can be done in multifarious ways such as putting up distinct logo for the product, easily recognizable and understandable names, adding more distinct titles and enhancing the durability of the product - all these contributes in a big way to add valuable and precious value to the existing brand.
Once measures such as above are taken to add distinct value to the brand the turnover and sales of the product subsequently increases since people get to know and recognize the product. Therefore, in order to develop sold brand one has to focus on brand equity by other measures such as creating awareness and developing loyalty for the product by the consumers.
Answer:
(E) boycott
Explanation:
Boycott refers to the avoidance of goods and products from an entity in an act of protest against an action by the entity. The entity could be a state, government, company, or any other body. The aim is usually to prevent economic benefits from flowing to the entity thereby forcing it to reverse the action being protested against.
Expropriation refers to the takeover of a property by a government usually for public use. Quota refers to limiting the quantity of goods to be imported from a foreign country to a given quantity. Tariff refers to a charge on imports from other countries. Exchange control refers to measures aimed at stabilizing the value of a nation's currency.
Answer:
When a taxpayer disposes of the entire interest in a passive activity, that activity is no longer subject to the passive activity rules. If the activity is disposed of in a fully taxable (as opposed to tax-deferred) transaction to an unrelated party, both current and suspended passive activity losses generated by that activity (as well as any loss on the disposition) can be deducted.