Answer:
Specific country(Nigeria)
(1) High level of corruption in the Educational sector
(2) Inadequate funding
(3) Inconsistent public policy.
Why should solid elementary System take precedence over expansion of University.
(A) To reduce the level of illiteracy and out of school children.
(B) To build a good foundation for the younger Population.
Explanation:
Developing countries are countries that have not yet achieved their full potential,they are improving but still lack in several areas like Education, Infrastructures, funding, Unemployment etc
Nigeria is judged by the World bank, Transparency international as one of the most corrupt countries of the world this is affecting the utilisation of funds for education making it difficult to execute effective development projects in the Educational sector,in Nigeria successive Governments change education policies making it extremely difficult to achieve
greater positive development impact from their higher education programs.
Instead of expansion of the University System it is better to invest in the elementary school level to ensure that the level of illiteracy and out of school children is reduced or eliminated and to build a better future for the younger kids and Population.
Answer: Special endorsement
There are three types of check endorsement: blank, restrictive and special.
Joe smith received a check as payment for his car sold and decided to negotiate it to his aunt to whom she owe money. It is an example of special endorsement.
Answer: Odd first interest payment
Explanation: The Interest paid on the first installment is a odd first Interest payment. Such scenario comes into play when a loan with a fixed installment payment date, which is 6 months in this case (January 1st and July 1st), begins on a date which does not allow the immediate use to f this regular payment schedule. Hence, the odd first Interst payment is adopted in other to enable the lender cove r the initial period before beung able to use the usual regular payment schedule. In this case the odd first Interest schedule is between June 1st to January 1st. After which regular payment schedule commences on July 1st.
Equity in a business is simply the net worth of an individual or a company or a business organisation. It is calculated by subtracting liabilities from the assets (Assets - Liabilities). It is the sum of earnings, inventory and other assets less overheads, loans and other liabilities incurred by a business. Therefore, in this case the major types of transactions that affect equity in a business includes, revenues, expenses, owners withdrawals, and owners investments.