Answer:
Statement Savings Account is said to be a deposit account held by a bank where a customer can earn interest .
In Statement Savings Account, the interest will be relatively low and there may be a possibility of restricted number of withdrawals.
In Statement Savings Account, the interest rate gained can either increase or decline overtime while putting into consideration the interests rate set by the federal reserve.
In Statement Savings Account, a good number of this said savings investment offers debit cards which allows a customer to withdraw money via an ATM Machine or through electronic transfer.
In Statement Savings Account, there may be restrictions as regards the minimum account balance.
while
- In Certificates of Deposit, there is a strict requirement of meeting a minimum account and not being able to execute withdrawals from the said account for a given duration.
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In Certificates of Deposit, there is a significantly higher interest rate that that of a savings account.
- In Certificates of Deposit, a penalty is put in place for initiating withdrawals prior maturity.
- In Certificates of Deposit, one is allowed to carry out withdrawals or roll the funds into a another certificate of deposit once the certificate of deposit term is completed.
The assumption in perfect competition that there is an easy entry and exit from the market implies that firms will make a zero economic profit in the long run.
<h3>Why do firms make a zero economic profit?</h3>
In a pure competition, companies are allowed to freely enter and leave.
They take advantage of this to enter a market when prices are high and economic profit is being made.
As more firms enter, the economic profit keeps decreasing as prices decrease until this profit gets to zero and then turns to economic losses.
At this point, some firms will leave the market to stop making losses. When they do, the supply will decrease which leads to prices rising once more.
The cycle will then repeat itself and keep the companies at a zero economic profit in the long run.
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Answer:
B. The lessor does not have the right to stop delivery in transit due to the lessee's breach of the lease agreement; instead, the lessor must deliver the goods to the lessee in spite of the breach, and then sue the lessee for damages.
Explanation:
During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.
Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point
Answer:
The weekly gross pay is $ 360
Explanation:
The total number of hours for which Tamon worked in a week = 40 hours
The total amount of money made by Tamon per hour = $9
The total amount earned in the week for working for 40 hours at the rate of $9 per hour
= 40 * 9
= 360
The weekly gross pay is $ 360
<span>The different schools (beliefs) of decision making are :
</span>utlitarian decision making- ethical decision are primary
right decision making - everyone involved should be granted the same rights
fairness and justice decsion making - th
common good decision making - individuals as part of a larger community.
virtue decision making - <span>honesty, generosity and knowledge are the most important parts of the decision making process</span>