Telfonix Corporation, a U.S. firm, and Adex, Inc., a British firm, are parties to a contract that includes a forum selection clause. This clause specifies that any legal disputes between the two parties must be resolved within the geographic boundaries of a particular location. This location can be a country, state, or city, depending on the clause's specific terms. The purpose of a forum selection clause is to provide clarity and predictability to both parties, ensuring they are aware of the jurisdiction in which any legal disputes will be addressed.
The forum selection clause in the contract between Telfonix Corporation and Adex, Inc. specifies that any legal disputes must be resolved within a particular geographic area. This means that any legal proceedings must take place in a specific location, which is within the boundaries of the forum specified in the clause. The clause must be followed by both parties in the event of any disputes that may arise during the contract period. As Telfonix Corporation is a U.S. firm and Adex, Inc. is a British firm, the forum selection clause will likely have been agreed upon during negotiations to ensure that any disputes can be resolved in a mutually agreed upon location.
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which part of the result block should you evaluate to determine the needs met rating for that result?
You always need to evaluate both the block and the landing page. For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
The quality of the web page and the material inside the block are both taken into account when determining if a requirement is met. The Needs fulfilled rating would not succeed if the landing page's quality was acceptable but the desired content was not delivered.
Videos, live cricket scores, and sports videos are all included in the special content result block and may be seen right away after entering the search term.
When a user searches in websites that are related to their search query, the possibility of finding distinct content that seems irrelevant to them exists in the online search result block.
In particular content result blocks, only the content inside the block is evaluated.
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Sam and Alice are married and together they own a house that has a market value of $250,000. The loan balance on the house is $175,000. Sam also owns a care valued at $15,000 and has no debt on it. Alice owns a SUV valued at $20,000 and it has a loan balance of $12,000. Sam has a IRA retirement account for $2,000 and Alice has jewelry worth $5,000. Finally, they have a joint bank account with a balance of $7,500. What is the net worth of Sam and Alice
Answer:
The net worth of her is $486,500
Explanation:
I added all values listed.
Net worth of Sam and Alice 's net worth is $ 112,500.
What is net worth ?Wealth is measured by net worth. A person's or a company's net worth is the total of all of their assets, less any liabilities or commitments. A person or institution's net worth is determined by deducting the value of all of its outstanding liabilities from the total value of all of its financial and non-financial assets.
Net worth can alternatively be succinctly represented as non-financial assets plus net financial assets because financial assets minus outstanding obligations equal net financial assets. It can be used by businesses, people, governments, entire nations, or even certain economic sectors like the financial industry.
Computation of Net worth
Assets and Liabilities of Sam and Alice are as listed below
Assets
House = $250,000
Sam's car = $15,000
Alice's SUV = $20,000
IRA retirement account = $2,000
Alice's Jewellery = $5,000
Joint Bank Account balance = $7,500
Total value of assets = $250,000 + $15,000 + $20,000 + $2,000 + $5,000 + $7,500 = $299,500
Liabilities
House Loan Balance = $175,000
Alice's SUV loan = $12,000
Total value of liabilities = $175,000 + $12,000 = $187,000
Net Worth = Assets - Liabilities = $299,500 - $187,000 = $112,500
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Which of the following describes how the U.S. government protects and supports farmers and ranchers?
through establishing and maintaining food standards
through programs that provide direct payments
through allowing agribusiness companies to create oligopolies
through strict measures of qualis for commodities
first one to get it right gets Brainliest
Answer:
through allowing agribusiness companies to create oligopolies
Explanation:
Answer:
through programs that provide direct payments
Explanation:
The United States government gives free money to farmers and ranchers through a government subsidiary.
When you receive a loan, the money the lender gives you is called the
Answer:
The Principle
Explanation:
There are two main parts of a loan: The principal -- the money that you borrow. The interest -- this is like paying rent on the money you borrow.
DEFINE MARKETING RESEARCH AND DRAW AND EXPLAIN WHAT IS MARKETING
MANAGEMENT PROCESS
Marketing research is the process of collecting and analyzing data to understand consumer behavior, preferences, and market trends. It involves gathering information about customers, competitors, and the market in order to make informed decisions and develop effective marketing strategies.
On the other hand, marketing management refers to the process of planning, organizing, implementing, and controlling marketing activities to achieve organizational goals. It involves identifying and understanding customer needs and wants, developing products or services that meet those needs, determining pricing strategies, promoting and communicating the value of the products or services, and distributing them to the target market.
In summary, marketing research provides valuable insights that inform marketing management decisions. The marketing management process involves market analysis, objective setting, strategy development, program implementation, monitoring and controlling, and evaluation and improvement.
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Marketing research is the process of gathering, analyzing, and interpreting data to obtain information about consumer preferences, market trends, and competition. It involves systematically collecting and evaluating information to aid decision-making in marketing strategies and campaigns.
Marketing management is the process of planning, organizing, implementing, and controlling marketing activities to achieve organizational goals and satisfy customer needs. It includes activities such as market segmentation, target market selection, product development, pricing, promotion, and distribution.
To better understand the marketing management process, let's break it down into steps:
1. Market analysis: This involves conducting research on the market, including understanding consumer behavior, market trends, and competitor analysis. The goal is to identify opportunities and challenges in the market.
2. Market segmentation: In this step, the market is divided into distinct groups of consumers with similar needs, characteristics, or behaviors. This helps in identifying target markets and designing marketing strategies that cater to their specific needs.
3. Target market selection: Once the market is segmented, the next step is to select the target market(s) that the organization wants to focus on. This involves evaluating the attractiveness and feasibility of each segment.
4. Product development: This step involves designing and developing products or services that meet the needs and wants of the target market. It includes features, packaging, branding, and positioning decisions.
5. Pricing strategy: Determining the price of the product or service is crucial for profitability and competitiveness. The pricing strategy should consider factors such as production costs, competition, and customer perception of value.
6. Promotion: This step involves developing and implementing marketing communication strategies to promote the product or service to the target market. It includes advertising, personal selling, sales promotion, public relations, and digital marketing.
7. Distribution: Determining how the product or service will reach the customers is an essential part of the marketing management process. It involves decisions related to distribution channels, logistics, inventory management, and customer service.
8. Control and evaluation: Once the marketing strategies are implemented, it is crucial to monitor and evaluate their effectiveness. This helps in identifying areas of improvement and making necessary adjustments to achieve the desired outcomes.
In summary, marketing research is the process of gathering and analyzing information to understand the market, while marketing management is the process of planning, implementing, and controlling marketing activities to achieve organizational goals. The marketing management process involves market analysis, market segmentation, target market selection, product development, pricing, promotion, distribution, and control.
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the external financing need will limit growth if unfunded. A) will limit growth if unfunded.B) is unaffected by the dividend payout ratio.C) must be funded by long-term debt.D) ignores any changes in retained earnings.E) considers only the required increase in fixed assets.
The external financing need will limit growth if unfunded. Option A is correct.
External financing refers to the funds a company needs to raise from outside sources, such as issuing bonds, stocks, or borrowing from a financial institution, to support its growth. If a company cannot secure sufficient external financing, its growth potential may be limited due to a lack of funds to invest in new projects or expand operations.
It's important to note that external financing need can be affected by the dividend payout ratio, as this ratio determines the portion of earnings paid out to shareholders as dividends. A higher dividend payout ratio means that less money is being retained within the company for investment, which may lead to a higher need for external financing.
External financing need does not necessarily have to be funded solely by long-term debt. It can also be funded through issuing equity, like stocks, or through short-term borrowing options.
Furthermore, external financing need does not ignore changes in retained earnings. Retained earnings are a significant source of internal financing for a company, and an increase in retained earnings can reduce the need for external financing.
Lastly, the external financing need does not solely consider the required increase in fixed assets. It also takes into account other factors such as working capital requirements and changes in current liabilities.
Therefore, option A is correct.
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Discussion Topic
In this unit, you learned about several documents that businesses commonly use. Why
are clarity and accuracy such important parts of writing reports, proposals, instructions,
policies, and contracts? What are some of the challenges of analyzing and interpreting
policies and contracts? Why?
Answer:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.
Explanation:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about and makes for a more effective message. If the author didn’t use these things, clients and consumers could become confused about the message and meaning and the execution of whatever plan was intended. Some challenges of analyzing and interpreting policies and contracts are that everyone has their own way of looking at things and will place those opinions over whatever they are working through.
ECON QUESTION !!
What is the overall objective of a business raising financial capital?(1 point)
A) decrease operating costs and increase the number of investors
B) increase revenues and the number of investors
C) reducing financial obligations and increase revenue
D) grow and increase profit
chapter 5 test, banking and finance...if you have all the answers that would be greatly appreciated
The main goal is to increase shareholder value as much as possible.
Businesses frequently make decisions that include spending money now while planning to turn a profit later. Examples are when a business purchases a machine with a 10-year lifespan, constructs a new facility with a 30-year lifespan, or launches a research and development initiative. Four basic methods exist for businesses to obtain the funding they require to fund these initiatives: (1) early-stage investors; (2) profit reinvestment; (3) bank or bond borrowing; and (4) stock sales. Business owners decide how to pay for financial capital sources when they select those sources.
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Which are more economically efficient, perfectly competitive markets or monopolies?Compared to monopolies, perfectly competitive markets are?A. More economically efficent because they produce at lower average total cost.B. Less economically efficient because they rusutl in more deadweight loss.C. More economically efficient because they produce where marginal revenue ewuals marginal cost.D. Less economically efficient because they result in more economic surplusE. More economically efficient because they result in more emonomic surplus.
More economically efficient than monopolies are markets with perfect competition. In a market where there is competition, businesses have an added motivation to increase production efficiency and reduce the likelihood of wasteful overproduction.
Why monopolies are less effective than markets with complete competition?A competitive market outperforms a monopoly in terms of total gains from trade.
What makes monopolies superior to perfect competition?Consumers benefit more from the local monopolist's sales since they are sold in greater quantities and at lower prices than what outside competition could offer. Due to cheaper costs and the fact that outside competition limits the local monopoly's market power, consumers profit overall from it.
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a country is experiencing economic difficulties as a result of pressure being put on the government by numerous parties. the negative impact on the economy is the result of:
If country is experiencing economic-difficulty as a result of pressure being put on government by numerous parties, then the negative impact on economy is result of Political risk.
The "Political-Risk" is defined as risk of financial, economic, loss which arises from political changes in a country.
The Political risk arise from factors such as changes in government policies, civil unrest. When pressure is put on a government by numerous parties, it lead to political instability, which leads to economic difficulties and increased political risk.
Therefore, the negative-impact on economy is result of political risk.
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According to the processual approach, external context includes:_____.
a. administrative structures and human resources
b. .market and legislation.
c. neither of these
d. both of these
In step with the processual approach, the outside context consists of d. both of those.
The processual method ambitions to study alternate procedures as they emerge and interweave over time with the purpose of identifying interlocking patterns of activities with a purpose to gain temporal know-how.
The premise of processual electricity is within the social interaction among hobby organizations.This approach corresponds with the paintings of Hardy (1996), who includes four dimensions of strength (useful resource, system, which means, and gadget) into a framework.
Processual evaluation indicates that case research carried out on organizational selection-making ought to no longer be concentrated on the process itself, but on issues encountered throughout selection-making and perceptions of teachers as selection-makers.
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a c corporation description
ompared to most other derivative offerings, weather derivatives are very actively traded - Weather Derivatives tend NOT to be very actively traded
Weather derivatives tend not to be very actively traded compared to most other derivative offerings. Weather derivatives are highly specific to weather conditions, making them more limited in terms of market participants and trading volume.
Weather derivatives are financial instruments that allow individuals or businesses to hedge against weather-related risks, such as temperature, rainfall, or other weather variables. These derivatives are typically used by industries that are directly influenced by weather conditions, such as agriculture, energy, and tourism.
One reason why weather derivatives are not as actively traded as other derivatives is their specialized nature. Weather derivatives are highly specific to weather conditions, making them more limited in terms of market participants and trading volume. The demand for weather derivatives is often driven by specific industries or businesses that have direct exposure to weather-related risks.
Additionally, the complexity and uniqueness of weather derivatives can create barriers to liquidity and trading activity. Weather patterns can vary significantly across regions and can be influenced by numerous factors, making it challenging to establish standardized contracts and pricing models for weather derivatives.
While there is a market for weather derivatives, it tends to be smaller and more specialized compared to other derivative markets, such as interest rate derivatives or commodity derivatives. However, as the awareness and understanding of weather risk management grow, the trading activity in weather derivatives may increase over time, particularly in regions and industries where weather-related risks are more pronounced.
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The website leftyslefthand. Com markets products to left-handed consumers only. Which targeting strategy does this represent?.
The website leftyslefthand. Com markets products to left-handed consumers only Concentrated marketing targeting strategy does this represent.
An individual or group that does not directly engage in entrepreneurial or business operations but who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs is referred to as a consumers. A consumers purchases goods or services primarily for personal use in an economy rather than for resale or other business objectives. Customers make a financial (or comparable) payment for goods or services. Marketing is the process of identifying, producing, and providing value to satisfy a target market's wants for goods and services. Marketing is normally carried out by the seller, who is usually a retailer or manufacturer. A specialized marketing company or advertising agency may be hired on occasion to complete responsibilities.
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which of the following is an example of a technical ("hard") skill?. for A P E X
A. cooperating well with other maintenance technicians
B. Delivering an oral report in an interesting manner
C. Filling out purchase order forms accurately
D. Helping a group choose the best alternative
Filling out purchase order forms accurately is an example of a technical or hard skill. As for filling the form, there is need of the knowledge of about the technical things.
What is hard skills?Hard skills are the technical skills that are which are required to do work in the company. Hard skills and soft skills have different department in an organization.
Some hard skills include Computer skills. Microsoft Office skills, Analytical skills, Marketing skills, Presentation skills and Management skills.
Thus, option C is correct.
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Answer:
Filling out purchase order forms accurately
Explanation:
Match the items in the following two lists by matching the letter (or let- ters) of the information quality (qualities) that best describes the informa- tion quality violation presented in the second column. Some letters may not be used at all and some may be used more than once. 1. Bruce in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, he uses a monthly report of items ordered but not shipped in the past month. A. Accuracy B. Completeness 2. Brooks Company has been recording shipments of goods that were not ordered by their customers. 3. Shipments at Ever Ltd, are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered. C. Relevance 4. Order entry clerks at Carolina Inc. enter cus- tomer orders into PCs connected to the D. Timeliness accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Conse- quently, data on the recorded orders regarding the type of order is not reliable. o 5. Emerald Co.'s warehouse workers write the quan- tities of what they pick goods are removed from the warehouse shelves. These workers are not careful, and the recorded quantities of what they picked is frequently wrong. E. Validity on the picking ticket as the od benidp
Bruce in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, he uses a monthly report of items ordered but not shipped in the past month. This violates timeliness. Therefore, D is the correct option.
Brooks Company has been recording shipments of goods that were not ordered by their customers. This violates relevance. Shipments at Ever Ltd, are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered. Order entry clerks at Carolina Inc. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable. Emerald Co.'s warehouse workers write the quantities of what they pick goods are removed from the warehouse shelves. These workers are not careful, and the recorded quantities of what they picked are frequently wrong.
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.Which career is best described by someone who organizes and tracks merchandise during storage and display?
O Wholesale Buyer
O Marking Clerk
O Purchasing Agent
O Stock Clerk
The career that is best described by when someone who organizes and tracks merchandise during storage and display is Stock Clerk. Thus option (d) is correct.
Who is Stock Clerk?A stock clerk, also known as a stockroom clerk, is a person who works in a retail or wholesale store, warehouse, or distribution center, responsible for receiving, storing, and distributing merchandise or supplies.
Their job duties may include: Receiving shipments of goods and verifying the accuracy of orders; Unloading, unpacking, and labeling items.
Stock clerks typically work under the supervision of a manager or supervisor and may use various equipment and tools, such as forklifts, hand trucks, and pallet jacks, to move and handle goods.
The Stock Clerk is the person who organizes and tracks merchandise during storage and display.
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Which action should a job seeker take prior to an interview?
A.
send a follow-up letter
B.
place a call to confirm the interview
C.
send an email asking job-related queries
D.
research the employer or company
E.
inform the employer about your references
Answer:
D. research the employer or company
Explanation:
A good and recommended way to prepare for a job interview is to research the company they want to join. Understanding as much as possible about the company gives one confidence in the interview room. Knowledge about its products and services helps answer questions and formulate the questions to ask.
One should also research what the company expects of them in their role. This information gives one an edge over the other candidates in the interview.
Answer: place a call to confirm the interview
Explanation:
I apologize if that’s wrong but I think that’s the right one
Why is it important for o evaluate your advertising campaign when it is complete?
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
Which of the following summarizes the essence of field work standards of GAAS?
A. Quality of professionals that perform an audit
B. Criteria for judging the quality of audit work
C. Whether the auditor was independent in conducting the audit
D. Whether the auditor reviewed the client's financial statements for adherence to GAAP
The correct answer is B. Criteria for judging the quality of audit work.
How does GAAS define field work standards?The answer is B. Criteria for judging the quality of audit work. Field work standards of Generally Accepted Auditing Standards (GAAS) establish the criteria by which the quality of audit work is assessed.
These standards guide auditors in planning, executing, and documenting their work to ensure a high level of quality and reliability. The field work standards focus on factors such as sufficient evidence gathering, proper application of auditing procedures, adequate supervision and review, and professional skepticism.
By adhering to these standards, auditors aim to obtain reasonable assurance about the accuracy and integrity of financial statements, providing stakeholders with confidence in the reliability of the audit process and the resulting financial information.
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Eagleton Manufacturing is developing an activity-based costing system to improve overhead cost allocation.One of the first steps in developing the system is to classify the costs of performing production activities into activity cost pools.Using your knowledge of the four categories of activities, classify the cost of each activity in the following list into unit-, batch-, product-, or facility-level cost pools
Using the four categories of activities - unit-level, batch-level, product-level, and facility-level - let's classify each activity in the list.
1. Unit-level cost pools:These costs are incurred for every single unit produced. They include costs such as direct labor, direct materials, and machine operating costs.
2. Batch-level cost pools:These costs are incurred each time a batch of products is produced. Examples include machine setup costs, quality control checks, and materials handling.
3. Product-level cost pools:These costs are associated with developing, producing, and supporting specific products. They include costs such as product design, engineering changes, and specialized equipment.
4. Facility-level cost pools: These costs are incurred to maintain the overall production facility and are not tied to specific products, batches, or units. Examples include factory rent, building maintenance, and general factory administration.
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Eagleton Manufacturing is developing an activity-based costing system to improve overhead cost allocation.One of the first steps in developing the system is to classify the costs of performing production activities into activity cost pools.Using your knowledge of the four categories of activities, classify the cost of each activity in the following list into unit-, batch-, product-, or facility-level cost pools.
Cost Activity Cost Pool
a. Wages of maintenance staff
b. Labeling and packaging
c. Plant security
d. Ordering materials for a specific type of product
e. Wages of workers moving units of work between workstations
f. Factorywide electricity
g. Salary of a manager in charge of a product line
h. Sales commissions
i. Engineering product design
j. Supplies
Which of the following explains why both competitive bids and noncompetitive bids, no one bidder is allowed to purchase more than 35% of any one issue? a. to avoid the "winner's curse" due to the uncertainty over the value of the T-bills being auctioned b. to make the bidding fair c. to make the bidding unfair d. to avoid the "loser's curse" due to the uncertainty over the value of the T-bills being auctioned N
The correct answer is B)
The 35% rule in both competitive and noncompetitive bids for Treasury securities is known as the noncompetitive bidding limit, which restricts the amount that a single bidder can purchase to prevent any single entity from dominating the market and creating an unfair advantage over other bidders.
By limiting the amount that any one bidder can purchase, the Treasury aims to maintain a level playing field, allowing for fair competition and efficient market pricing. This rule is not related to the concepts of "winner's curse" or "loser's curse".
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What is one major function of retail banks?
A. Keeping all deposits in reserve at all times
B. Offering loans that use car titles as collateral
C. Providing credit and debit cards to customers
D. Managing the payroll of major corporations
SUBMIT
Answer:
The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.
Explanation:
Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.
What are retail banks?Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.
Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.
Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.
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Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider
Answer:
Policy holder
Explanation:
There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.
Answer:
Policy Holder
Which post-secondary program requires minimal prerequisites?
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.Which of the following would most likely negatively affect a person's net worth?
A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account
Answer: c
Explanation:
$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c) a $500,000 mortgage is correct.
What is net worth?
Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.
A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.
The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.
Therefore, option (c) a $500,000 mortgage is correct.
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Which job in the Finance career cluster is ideal for a person with a master’s degree?
A. Bank Teller
B. Controller
C. New Accounts Clerk
D. Loan Officer
Answer:
i put d
Explanation:
Answer:
ddddddddddddddddddddddddddddddddddddddddddd
Explanation:
PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.
Answer:
They become victims of fraud by those looking to take advantage of the wealthy.
Explanation:
The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.
What does financial problems mean?Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.
Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.
Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.
Therefore, Option B is correct.
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After 7 years of working for a company that installed underground sprinkler systems for homeowners, terrance was ready to venture into his own business. As he prepared his swot analysis, he evaluated where he stood at this time. He was fortunate to have $120,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as.
In reviewing his SWOT analysis, Terrance, who was ready to venture into his own business after working for 7 years as an underground sprinkler installer, has two strengths and one threat.
What is a SWOT analysis?A SWOT analysis is a framework for analyzing a company's competitive position to enable the development of competitive strategies.
A SWOT analysis includes Strengths, Weaknesses, Opportunities, and Threats.
Thus, for Terrance, he has two strengths ($120,000 financing and three skilled installers who were willing and interested in working for him) and one threat (low construction activities) with increasing foreclosures.
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