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otez555 [7]
3 years ago
6

All the following statements about residual value guarantees are correct about residual value guarantees, except that they:

Business
1 answer:
lozanna [386]3 years ago
6 0

Answer:

c. protect lessees against lessors who abuse leased assets.

Explanation:

The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.

The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.

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Jenna wishes to deposit $250 in the bank every month in order to save for the future. Which of these options will best suit her?
Andrej [43]
The answer is A.<span>a savings account that offers an interest rate of 4.5%</span>
8 0
3 years ago
If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes
Viefleur [7K]

Answer:

C) the industry would more closely approximate pure competition

Explanation:

A monopolistically competitive industry is one with different firms selling similar products that are slightly differentiated. It is very easy for firms to enter into industries that are monopolistically competitive. They also have the autonomy to increase their prices.

If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes they would then resemble a pure competition because they would all be selling identical products which would result in little or no competition.

5 0
2 years ago
What is technical profession?Give examples.​
guapka [62]

Answer:

Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.

6 0
3 years ago
Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the heal
MA_775_DIABLO [31]

Answer:

b. Battery

Explanation:

Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the health risks. The retired workers did not learn of the prolonged exposure until long after their retirement because the company engaged in a systematic cover up of the exposure. The retired workers' cause of action is for battery.

In Business law, battery can be defined as the act of intentionally causing physical harm to an individual or group of people through physical contacts.

Hence, in this case the employers knowingly or intentionally exposed the retired workers to asbestos without warning them of the health risks associated.

<em>Simply stated, a battery in criminal law is completed assault. </em>

8 0
3 years ago
Q 7.1: a _____ would be properly classified as cash.
kotegsom [21]
A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account. 
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3 years ago
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