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Rashid [163]
1 year ago
10

Tom is a loan officer that persuades Jerry to sign up for an exotic mortgage that turns out to be very expensive for him and pro

bably not the best financial choice. This is an example of an action that:_____
Business
1 answer:
IgorLugansk [536]1 year ago
5 0

Answer: is legal but ethically questionable

Explanation:

Th information given in the question is an example of an action that is legal but ethically questionable.

This is because exotic mortgage will be profitable for the mortgage firm and the loan officer will benefit from these but on the other hand, Jerry did not make the best financial decision as he may feel the impact of the decision in a negative way. Even though what Tom did is legal, ethically, it is wrong.

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Type the correct answer in the box. Spell all words correctly.
e-lub [12.9K]

Answer:

<u>autocratic</u> environment.

Explanation:

It can be said that Peter works in an autocratic environment, characterized by the authoritarianism of the leaders and the decision-making process totally focused only on the high hierarchy.

This work environment has greater control over employees and their activities because there is an inflexible chain of command, and subordinates must obey the decisions of their superiors even if it is not convenient.

There are some unfavorable points of the autocratic environment, such as the demotivation of employees due to lack of freedom and autonomy at work.

4 0
2 years ago
If Starbucks raises its price by 5 percent and McDonald’s experiences a 0.5 percent increase in demand for its coffee, what is t
Gnesinka [82]

Answer:

<em>Cross-price elasticity of demand = 0.1</em>

Explanation:

We have the formula to calculate the cross-price elasticity of demand as below:

<em>Cross-price elasticity of demand = % change in quantity demanded for product X/ % change in price of product Y</em>

<em />

Starbucks raises its price by 5 percent, so that <em>percentage changes in price of Starbucks' products</em> are 5

McDonald's experiences a 0.5 percent increase in demand for its coffee, so that <em>percentage changes in quantity demanded for McDonald's coffee </em>is 0.5

=> <em>Cross-price elasticity of demand = % changes in quantity demanded for McDonald's coffee/ %changes in price of Starbucks' products</em>

<em>= 0.5/5=  0.1</em>

6 0
1 year ago
Which statement is TRUE regarding oil drilling programs? A. These programs incur intangible drilling costs which are 100% deduct
nalin [4]

Answer Choices:

  1. A and C
  2. A and D
  3. B and C
  4. B and D

Answer:

  1. A and C

These programs incur intangible drilling costs which are 100% deductible in the year the drilling takes place.

These programs give an immediate deduction for intangible drilling costs.

7 0
2 years ago
Which of the two project below would you pursue, if you based the decision on ROI (Discount rate: 10%)? Project 1 had a cash flo
Mila [183]

Answer:

Project 2 should be accepted as it's net present value (NPV) is higher

Explanation:

Project 1

Year     Cash Flows    Discounting factor @10%   Present Value(in $)

0            (5000)                      1                                (5000)

1             3000                     0.909                            2727                    

2            2000                     0.826                             1652                

3            1000                      0.751                                <u>751</u>

                                                                     NPV     $130          

Year    Cash Flows   Discounting Factor @10%   Present value (in $)

0           (7000)                      1                                  (7000)

1             5000                    0.909                            4545

2            3000                    0.826                             2478

3            2000                    0.751                               1502

                                                                    NPV    $1525  

Note: Cash flows in brackets denote cash outflows or negative cash flows.

5 0
2 years ago
Jesse and Francis hear some friends talking about how much money they earn using Airbnb to rent out their room on weekends when
Kitty [74]

Answer and explanation:

Rental agreements are legal documents where the landlord or owner of the property establishes to whom, what, when, and for how much a property or part of it will be leased. The landlord becomes responsible for granting conditions that allow the regular and peaceful living of the tenants within the property and the tenant becomes responsible for damages caused to the property and for the payment of rent on a regular basis established in the agreement.

<em>In Jesse and Francis's case, they hear their friends are renting their room on the weekends using an online house rental service. Under the rental agreement that would not be allowable since Jesse and Francis's friends would be leasing a property that does not belong to them. They cannot become landlords being only tenants. The real owner of the room can even evict the tenant for breaching the contract.</em>

8 0
1 year ago
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