Answer:
B- Surety is liable in full immediately upon default by Burns but will be entitled to the collateral upon satisfaction of the debt.
Explanation:
A surety comes to play when a party lacks certainty about whether or not another party in a contract will be able to fulfill all stated requirements. The other party could be required to provide a guarantor, who will be involved in the contract of suretyship. The essence of this is to reduce possible risks for the lending party.
This surety bond involving 3 parties, allows the lending party, file a claim against the bond to recover losses incurred, if the borrower fails to adhere to the terms previously stated.
Answer:
Yes
Explanation:
Given:
- Coupon rate = 9%, because it pays the coupon semiannually, so
=> Coupon payment = 1000*9%/2 = 45
- Current market rate, YMT= 10%
So the current value of bond is:
C(1- (1+r)^(-n)/r + F/(
<=>45(1 - (1+0,1)^(-7/0.1)) + 1000(1+0,1)^7
<=> C = $951
So she will buy the bonds at the offered price 943.22 because it is smaller than $951
Answer: Option A
Explanation: In simple words, ethical behavior refers to the behavior which is seen as as morally correct from the perception of the society.
In the given case, Johnson technologies is giving award to their employees based the person skill traits such as safe driving etc. Hence they are awarding their employees for traits that are considered ethical and morally correct in the eyes of law and society.
Thus, from the above we can conclude that the correct option is A.
Answer:
The asset’s anticipated percentage rate of return is 5%
Explanation:
Rate of return is the annual return that an investor earns on an Initial investment in an asset.
RatReturn on Asset = Expected selling price - Initial Purchase price
Return on Asset = $1,050 - $1,000
Return on Asset = $50
Rate of return = Return on Asset / Initial Purchase price = $50 / $1,000 = 0.05 = 5%
Answer:
Collectivism
Explanation:
The collectivism refers to the group who worked as a team and given the priority according to their roles, designations.
As we use the concept synergy that 1 + 1 give 11 i.e means due to efforts of group we can accomplish the company target as compare to the individual effort.
Since in the given question, the Daniel workplace does not have any structured hierarchy and all employees are treated equally so in this case, the collectivism is low in this organization.
