Answer:
3%
Explanation:
The computation of the real interest rate is shown below:
Since the inflation rate is 2% so the rate on loaned amount is
= $1,200 × 2%
= $24
Now the paid amount is
= $1,260 - $24
= $1,236
So, the remaining amount is
= $1,236 - $1,200
= $36
So, the real interest rate is
= (Remaining amount ÷ loaned amount) × 100
= ($36 ÷ $1,200) × 100
= 3%
Answer:
The correct answer is letter "A": sign the instrument.
Explanation:
When talking about negotiable instruments, there are two types of liabilities: <em>Signature Liability </em>and <em>Warranty Liability</em>. Signature Liability refers to those documents where who signs is potentially liable for the responsibilities of the document stated. Warranty Liability is where the liability relies on the person to whom the document was transferred in good faith.
In both cases, <em>the initial holder of the document must sing the instrument so it will be clear to whom belongs the liability.</em>
In my opinion, it is called subtle discrimination. Unlike blatant discrimination, which consists in openly humiliating a member of a minority based on their personal traits, subtle discrimination is much more perfidious, as it is not always easy to point finger at it or to legally assess it. Sometimes, it even happens as a consequence of seemingly good intentions. For example, if I use lower standards to grade Afro-Americans in a class of mixed students, it still means I assume they are less capable or educated, even if I do it because I know that they had been oppressed and had historically had less chance to educate themselves.
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