You can have mine if you need it
Answer:
this promise is enforceable only if it is agreed upon in writing
Explanation:
In the scenario described in the question it can be said that this promise is enforceable only if it is agreed upon in writing. This is because by putting it in writing all details of the contract are displayed for both parties to read/analyze and decide whether they actually want to agree to this agreement/contract or not. Once the contract is signed and agreed upon by both parties it can then be completely enforced because both parties knew exactly what they were getting into at the time of signing.
Answer: <em>Loss = $8000</em>
<u><em>Option (e) is correct.</em></u>
Given:
Jerry sold stock to Julie for $5,000
The stock cost Jerry $10,000
Jerry sold Carol stock for $2,000 that cost $10,000
Here; it should be noted that, Jerry and Julie are brother and sister.
whereas;
Jerry and Carol are unrelated party.
Here, the total loss will be computed in regards with the unrelated party:
Loss = Price of stock - Selling price
Loss = $10000 - $2000
Loss = $8000
Answer:
19.05%
Explanation:
the approximate yield to maturity (YTM) formula is:
approximate YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- C = coupon payment = $130
- FV = face value or value at maturity = $1,000
- PV = present value or current market value = $690
- n = 10 years
approximate YTM = {$130 + [($1,000 - $690) / 10]} / [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%
Answer:
National income
Explanation:
Income method of gross domestic product (GDP) measurement is focused onto the accounting fact that almost all economic spending should be equivalent to the amount of revenue earned by the output of all consumer products and services.
This method also supposes that an economy has 4 major production determinants and all earnings must go to any of these 4 sources. Thus a simple calculation of the gross tangible value of commerce over a span could be made by combining all revenue sources.
Thus, from the above we can conclude that the correct option is C.