Answer:
articles of incorporation.
Explanation:
An article of incorporation also known as corporate charter, can be defined as a set of formally written documents that legally establishes the existence of a corporation when filed with the government.
Hence, the document filed with the state that begins the incorporation process in most states is called the articles of incorporation.
For example, in the United States of America, an article of incorporation should be filed or petitioned to the Office of the Secretary of State where it chooses to establish its corporation.
Additionally, an article of incorporation typically comprises of information such as the business firm's address, business name, type of stock issued, amount of stock issued etc.
Answer:
$16,000
Explanation:
Computation of what the customer must deposit for purchasing $100,000 of corporate bonds at 80% in a margin account
Since the minimum maintenance is the standard that is set by FINRA is the greater of 7% of the face amount or 20% of the market value.
Hence,
The bonds are purchased at 80% of $100,000 par, thus the first step is to find the 80% of $100,000. Calculated as :
80%×$100,000= $80,000
Second step is to find the 20% of $80,000 which is calculated as:
20% ×$80,000 = $16,000.
Third step is to find the 7% of $100,000, calculated as:
7% of $100,000 face = $7,000.
Based on the above calculation the greater amount is $16,000 which means that the customer must deposit the amount of $16,000 which is the greater amount.
True. Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity
.
Explanation:
Most people do report higher levels of personal satisfaction when they invest their own time and do public service instead of just donating their money for charity and never seeing what good or bad it did for the people it was supposed to go to.
This is because when people volunteer they are actually able to see the impact of their work and meet the people they want to help, not just send money for donations.
This makes them feel more fulfilled as now they can see they have made a difference.
Hey!
About 25.6 percent of U.S. households have limited or no access to banking services.
Hope this helps! :)