The answer to this question is the Financial Responsibility
Law. The Financial Responsibility Law is a Law where in an individual should
prove that in case of a motor accident he or she can be able to pay the
damages. These are the situations where an individual need to show proof of
being financially responsible is when you have to register your car, after a
collision or accident happened, and when a police officer asked you during a traffic
stop.
Answer:
The correct answer is contingent.
Explanation:
Contingent employment is a short-term or on-call job that does not require the creation of a long-term contract between employer and worker. There are many different types of contingent employment, such as seasonal work, project-based jobs, and guard positions. Although contingent employment can be economically and practically useful for employers and workers, some economic experts believe that it can also be used to cover a multitude of legal and moral offenses. The most important distinction between the employment quota and traditional employment is the creation of a short-term contract. In a traditional job, workers are normally hired with no end date in mind, although both employer and employee retain the right to terminate the agreement at any time. In a contingent job, the contract generally specifies a period of employment, which can be a project end date or the inflection of a season. Some contingent employees may be hired as permanent staff at the end of their short-term contract, at which point they usually sign a new contract as a full-time worker.
Answer and Explanation:
The computation is shown below:
Last years Dividend, D0 = $2.48
Growth Rate, g = 7%
Required Return, r = 12%
Now
D1 = D0 × (1 + g)
= $2.48 × 1.07
= $2.6536
Now
1 The Current Price is
P0 = D1 ÷ (r - g)
= $2.6536 ÷ (12% - 7%)
= $53.072
2. For the stock price in 5 years is
P5 = P0 × (1 + g)^5
= $53.072 × 1.07^5
= $74.436
3. For the stock price in 20 years is
P20 = P0 × (1 + g)^520
= $53.072 × 1.07^20
= $205.37
Answer:
It reduces the incentive to work hard and take risks to succeed
Explanation:
The argument against the use of the ability-to-pay principal of taxation is that It reduces the incentive to work hard and make more money and take risks to succeed .
Although Ability to pay principal of taxation believe that a person or an individual tax should depend on what the tax will tend to create to such individual when compared to the wealth of that individual, but many people argue that there should be equity , meaning everybody should pay the same tax rate in such a way that a person or an individual tax rate should not be higher or lesser than another person tax rate.
