Answer: adverse selection
Explanation:
From the question, we are told that an
insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.
The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.
Answer:
Best source of financing are Personal Investment, Angels, Crowdfunding and Banks.
Explanation:
There are many sources of funding available for the entrepreneur to avail when wanting to work independently. These are mentioned below:
<u>Personal Investment</u>
The first best source is funding it yourself if you have any savings or might be working in an organisation and have just received a handsome bonus that you might be able to invest in. One of the main advantage of this type of financing is that it sends a positive image to the external financiers, that the person wanting to work as an entrepreneur is willing to take risks.
<u>Angels</u>
These are experienced entrepreneurs who have some additional income and are willing to invest in new or small organisations. Sometimes the investment through an angel starts at low level investment and is then taken to a higher amount after some confidence has been built on the entrepreneur's business growth.
<u>Crowdfunding</u>
This type of method for financing is preformed via online where one person provides an investment opportunity to large group of people to invest in small amounts to meet the entrepreneur's needs. This can be either in form of loan or donations.
<u>Bank Financing</u>
Another good source for funding, however, in comparison to the above mentioned financing sources this type is more risk averse. This means that banks intend to provide financing to companies/businesses with low risk profiles. However, it does not conclude that they might not be willing to provide the required financing.
Answer:
$53
Explanation:
Tolar Corporation
Price per calculator × 400 calculators > $10,000 + $11,200
Price per calculator × 400 calculators > $
$21,200
Price per calculator = $21,200 ÷ 400 calculators
= $53 per calculator
They both use taxes to support a country’s growth. They both invest money to earn a profit. They both receive capital to use for growth. They both act as angel investors for start-ups.
They both invest money to earn a profit. This statement best describes the role that government and business play in investments.
1. An alcohol server must complete <u>b. community service</u> which is considered to be an administrative penalty that may be imposed by the ABC.
2. The maximum penalty for serving alcohol after hours is <u>a. 6 months in jail</u>.
3. The RBS (Responsible Beverage Service) training program and pass an ABC-administered exam within <u>a. 60</u> calendar days of employment
<h3>What is the ABC?</h3>
The ABC stands for Alcoholic Beverage Control.
The ABC regulates the legal and responsible dispensing of alcoholic beverages in states.
The ABC issues licenses and the ABC license guides the employees in enforcing the regulation of alcoholic beverages.
Thus, an administrative penalty imposed by the ABC is related to alcohol service abuse.
Learn more about Alcoholic Beverage Control at brainly.com/question/28000146
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