Answer:
Derek would be best described as a tactical leader/manager.
Explanation:
A tactical manager makes certain choices and decisions to get the job done as efficiently as possible. Such managers and leaders tend to inspire the employees to encourage them to complete the task. Influencing, negotiating, and motivating employees to succeed are the major characteristics of tactical managers. For e.g. Derek motivates and encourages his subordinates by providing them coaching and making sure that the job is being done properly.
Answer and Explanation:
The journal entries are shown below:
1. Inventory $1,800
Accounts Payable $1,800
(Being purchased on account)
2. Inventory $50
To Cash $50
(being freight paid)
3. Accounts Payable $51
To Inventory $51
(being the returned calculator is recorded)
4. Accounts Receivable $670
To Sales Revenues $670
(Being sales is recorded)
5. Cost of Goods Sold $460
To Inventory $460
(Being cost of goods sold is recorded)
6. Sales returns $40
To Accounts Receivable $40
(being sales return is recorded)
7. Inventory $28.20
To Cost of Goods Sold $28.20
(Being cost return is recorded)
8. Accounts Receivable $780
To Sales Revenues $780
(Being the sales is recorded)
9. Cost of Goods Sold $560
To Inventory $560
(Being the cost of goods sold is recorded)
Answer:
The term demand loan refers to a loan for which the entire balance must be paid immediately at the lender's request.
Answer: D
Explanation:
A demand loan lets the lender shorten the notice period for recalling the loan, thereby using it as a borrowing instrument. Upon immediate notification, the borrower has to repay the entire loan amount along with any interest associated with it. By means of this arrangement, the borrower is enabled towards loan repayment at any time sans any early penalty of repayment. To illustrate, overdraft arrangement is variable from the normal lending approach, having maturity date already determined along with the payable schedule of payments.
Answer:
Three part test.
The outcome: if the three requirements are not met, then there is not point the Government should interfere.
At the end, the law will be held.
Explanation:
In some cases, the courts are allowed to protect individual, company or business organization from Government interrupting with these individuals or business organization "fundamental right" and this is the "substantive due process rights " of insurance companies as mentioned in the question above.
The test that the United State Supreme Court can use to determine whether the regulations they want to enact would violate the substantive due process rights of insurance companies is what is known as the THREE PARR TEST.
THE THREE PART TEST has its root from cases such as that of Pasgraf V Long Island Railroad co. The three part test involves three main subjects and they are;
=> foreseeability: are the policies in which insurance companies work going to affect the consumers in the future?
=> proximity: what kind of relationship do the insurance companies have with there consumers?
=> fairness: are these policies just and fair?
CONCLUSION: if the three requirements are not met, then there is not point the Government should interfere.
