Answer:
The first investment is more profitable than the general market interest rate.
Explanation:
Giving the following information:
An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. The market interest rate is 7.9% over the same period.
<u>To compare both options, we need to calculate the final value of investing the $182,000 in other investment that pays a 7.9% interest rate.</u>
We need to use the following formula:
FV= PV*(1+i)^n
FV= 182,000*(1.079)= $196,378
The first investment is more profitable than the general market interest rate.
Answer: Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Explanation:
From the information given, we can infer that Mason has a recourse. Even though the salesperson did not make any express warranties, it should be noted that the UCC imposes an implied warranty of merchantability and hence, the rotisserie will be guaranteed to be fit for the purposes ordinarily for which it is used.
Therefore, the correct option will be D.
Answer: General partnership.
Explanation:
Gaston has formed a general partnership with the two other business owners.
A general partnership is a business set up where two or more individuals own a business, take part in it's decision taking process and share profits equally.
Answer:
The correct answer is B
Explanation:
Retention of the employee comprise the various steps which is to be taken in order to retain the employee who wishes to move on. The employee need to find his job challenging and as per the interest at work and stay or retain with the firm or business for the longer period of time.
So, if there is lower in the rate of employee attrition by using the technique of the retention and motivation, the valid and correct criticism for this objective is that it does not provide or offer the time frame for accomplishing the objectives.
The answer is letter D.
Credit unions are perfect descriptions of cooperative lending associations. The other three choices are granted either by government or by private institutions. Credit unions are usually composed of people who have agreed in mutual trust about their lending and borrowing policies.
