The law for making improvements in the streets where the local government hires a contractor and each of the owners pays the cost of improvement in proportionate share is called the Street Improvement Act.
What is meant by streets?Streets are the local surroundings of the state in which the people are living and are managed by the municipal government.
The Street Improvement Act was passed in the year 1911 which concerns making improvements in the streets by the local government. A contractor is being hired by the government for this in which the cost of the improvement is paid by the owners. The cost can be paid by the owners either within the time span of thirty days or if not paid by them, then the bonds have been sold by the government to reimburse the contractor.Therefore, the provided law relates to the act passed in the year 1911 being called The Street Improvement Act.
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If the organization selects someone who may pose a danger to coworkers and then harms coworkers in the company, what does the company potentially have
The business has a negligent hire if they go on to hire a person that is likely to pose a danger to workers.
What is a negligent hire?This is a wrong approach to hiring employees to an organization. It is a situation where the company goes ahead to hire the wrong person.
Such a person could be a criminal and a person that has delinquent behaviors which can put the lives of others in great danger.
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What is an example of form utility
A country with an absolute advantage can produce a good or service more slowly than another country. more efficiently than another country. less efficiently than another country. in twice the time as another country.
A country with an absolute advantage can produce a good or service more efficiently than another country and Option B is correct.
What is absolute advantage?Absolute advantage can be defined as an economic concept that talks about the superiority in production capabilities in comparison to the competitors.
Goods and services are produced more efficiently than others as less time and resources are consumed in order to produce a particular product or service.
A country that has an absolute advantage will not face any problems and competition because they are the leaders in the process of production.
Therefore, A country with an absolute advantage can produce a good or service more efficiently than another country.
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B. More efficiently than another country.
Which of the following is true of the impact of high product quality on competitive advantage? (A) It decreases the utility of the products. (B) It lowers unit costs of the products. (C) It adversely affects employee productivity. (D) It limits the company's ability to differentiate its products. (E) It increases the need for after sales services.
The option (B) which lowers unit costs of the products is true of the impact of high product quality on competitive advantage.
High product quality can provide a significant competitive advantage for companies. When a company produces high-quality products, it can attract more customers and build a loyal customer base. This, in turn, can lead to increased sales and revenue. Additionally, high-quality products can reduce costs associated with after-sales services and repairs, as customers are less likely to encounter problems with the product. Moreover, high product quality can also help to build a positive brand image and reputation, which can further increase sales and revenue. On the other hand, low product quality can negatively impact a company's competitive advantage, leading to reduced sales and revenue. Therefore, investing in high-quality products is essential for companies to maintain a strong competitive position in the market.
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Which is better, to promise delivery when a customer originally requests, and do our best to make that delivery date, or to inform the customer the product will not be available until some later date, which you are more certain you will be able to deliver by? Think of as many pros and cons to each alternative you can think of. Can you think of some businesses that try to use each approach?
Notice, the type of business referred to in this question does not necessarily have to be a retailer, and the customer does not necessarily have to be a retail customer. This issue exists at the business-to-business level as well. Moreover, we are not simply talking about delivery of items that are already in stock. What if this is an item we have to produce for the customer? How do we know, ahead of time, when we will be able to deliver a product that has to be worked into our production schedule?
What if you don't know how long it will take to delivery the product? (Why might this be the case?) Is it better to over-promise (with a short delivery lead time) or under-promise (with a longer lead time you are more sure of being able to make)?
The decision of whether to promise delivery when a customer originally requests or inform the customer of a later delivery date depends on several factors. Over-promising may lead to customer dissatisfaction, while under-promising can result in missed opportunities.
When deciding whether to promise delivery when requested or provide a later delivery date, there are pros and cons to consider. Promising delivery when requested has the advantage of meeting the customer's expectations and potentially securing the sale. This approach can be beneficial for businesses that prioritize customer satisfaction and value the immediate fulfilment of customer needs. However, there are risks associated with over-promising. If the delivery cannot be met as promised, it can lead to customer dissatisfaction, negative reviews, and damage to the business's reputation.
On the other hand, informing the customer of a later delivery date that the business is more certain it can deliver by has its own set of advantages. This approach allows for a more accurate estimation of the delivery timeline, reducing the likelihood of disappointing the customer. By under-promising, businesses can mitigate the risks of delays, unforeseen circumstances, or production challenges. It provides a buffer and ensures a higher likelihood of meeting the promised delivery date. This approach may be suitable for businesses that prioritize risk management, meeting specific deadlines, and avoiding customer dissatisfaction.
Several businesses use each approach based on their priorities and industry requirements. Retailers that prioritize customer satisfaction and immediate fulfilment may choose to promise delivery when requested. Online marketplaces like Amazon often adopt this approach. On the other hand, businesses involved in custom production or complex manufacturing processes, where uncertainties in delivery times are common, may opt to inform customers of a later delivery date they can confidently meet. Examples include automotive manufacturers, aerospace companies, or architectural firms that take into account design, production, and installation timelines. In cases where the business doesn't know how long it will take to deliver the product, it is generally better to under-promise with a longer lead time that the business is more certain of being able to make. This approach allows for contingencies and reduces the risk of disappointing the customer. Uncertainties in delivery times can arise due to various factors such as complex production processes, dependencies on suppliers, unforeseen challenges, or high demand fluctuations. By providing a longer lead time, the business can account for these uncertainties, manage customer expectations, and improve the chances of meeting the delivery commitment. It may lead to a more positive customer experience, even if the product is delivered earlier than expected.
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List your personal and professional goals and create an individual career plan. Your plan should have specific milestones and achievements and should span 10 years.
can someone help me I want to go into the Navy or be a Tattoo artist and I can't think of anything for this.
30 POINTS!!
Explanation:
Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.
Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.
Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.
Discuss confidentiality concerns relating to fax, email, cell phones, and pagers.
List the information that is essential when taking a telephone message.
List eight types of incoming calls to the health office. Discuss the appropriate methods of dealing with them and the rationale for each.
Describe the appropriate strategy for handling more than one telephone call at the same time.
Identify and discuss six methods to enhance efficiency when dealing with outgoing calls in the health office.
Discuss four ways to effectively deal with an angry patient.
Confidentiality concerns for fax, email, cell phones, and pagers include the risk of unauthorized access, interception, and storage of sensitive information. Safeguards should be implemented to protect patient privacy and comply with data protection regulations.
When taking a telephone message, it is essential to record the caller's name, contact information, reason for calling, date, and time of the call. Additionally, any specific details or instructions should be noted accurately.
Eight types of incoming calls to the health office may include appointment inquiries, prescription refills, medical emergencies, test results, insurance queries, billing inquiries, referrals, and general information requests.
Each type requires appropriate handling, such as prioritizing emergencies, scheduling appointments, directing billing inquiries to the finance department, and providing accurate information based on office protocols.
Handling multiple telephone calls simultaneously can be managed by utilizing call waiting, call forwarding, or voicemail. Prioritizing urgent calls, ensuring callers are aware of the wait time, and promptly addressing each call helps manage multiple calls effectively.
To enhance efficiency with outgoing calls, methods include creating call scripts, using pre-approved templates, maintaining a list of frequently called numbers, utilizing voice recognition software, scheduling calls during less busy periods, and documenting call outcomes promptly.
Dealing with an angry patient requires active listening, empathy, remaining calm, acknowledging their concerns, apologizing if necessary, offering solutions or assistance, and following up to ensure resolution. Effective communication and a patient-centered approach are crucial in diffusing anger and addressing their needs.
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Prepare journal entries for each of the following transactions. In addition, identify the fund in which each entry would be recorded. 1. The General Fund made its annual contribution of $1,500,000 to the fund that will pay $1,000,000 principal and $500,000 interest on outstanding general obligation debt. 2. The city paid $1,000,000 of principal and $500,000 of interest on outstanding general obligation bonds from resources previously accumulated. 3. A Debt Service Fund previously retired the total principal and the interest in full on an outstanding bond issue. Currently the fund carries a balance of $300,000. These resources can be spent by the General Fund in any way the city manager considers appropriate. 4. The Police Department paid $300,000 for equipment. This equipment was ordered 3 months prior to delivery at an estimated cost of $295,000 (assume a voucher system is used and the excess expenditure is approved and paid). 5. The fiscal agent for the city was paid its $10,000 fee from resources accumulated in the only Debt Service Fund used by the city
Debit: Expenditure - Principal ($1,000,000)
Debit: Expenditure - Interest ($500,000)
Credit: Other Financing Source - Contribution from General Fund ($1,500,000)
Fund: Debt Service Fund
Journal Entry:Debit: Expenditure - Principal ($1,000,000)
Debit: Expenditure - Interest ($500,000)
Credit: Cash ($1,500,000)
Fund: Debt Service Fund
Journal Entry:Debit: Fund Balance - Unreserved, Designated ($300,000)
Credit: Fund Balance - Restricted ($300,000)
Fund: Debt Service Fund
Journal Entry:Debit: Expenditure - Equipment ($300,000)
Credit: Vouchers Payable ($300,000)
Fund: General Fund
Journal Entry:Debit: Expenditure - Fiscal Agent Fee ($10,000)
Credit: Cash ($10,000)
Fund: Debt Service Fund
Note: The specific names of the funds may vary based on the organization's accounting system and terminology used. These entries provide a general illustration of the transaction and the fund in which it would typically be recorded.
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question 9(multiple choice worth 1 points) (03.03 mc) which answer best expresses what the articles of confederation said about taxing americans? only congress could raise taxes, so states had a hard time paying their debts and expenses. only the states could raise taxes, so the national government had a hard time paying its debts and expenses. both the states and congress could raise taxes, so americans often gave so much money to the government that they had a hard time paying their own debts. neither the states nor congress could raise taxes, so they depended on donations from wealthy americans to help pay their debts and expenses.
Because only the states could levy taxes, the federal government struggled to pay its debts and liabilities.
What is Federal Government?
The United States has 50 states, a city inside a federal district (the city of Washington in the District of Columbia, where most of the federal government is based), five significant self-governing territories, and a number of island possessions. The federal government of the United States, also known as the U.S. federal government or U.S. government, is the common government of the United States, a federal republic in North America. Legislative, executive, and judicial powers are respectively delegated to Congress, the president, and the federal courts under the U.S. Constitution. The federal government, sometimes known as Washington, is made up of these three different branches. Acts of Congress, such as the establishment of executive agencies and courts below the Supreme Court, further clarify the roles and responsibilities of these bodies.
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Leah is buying a car. She has saved money for a down payment, and she takes out a loan to finance the rest of the amount owed. How much will Leah have to pay back?
A. The principal only
B. The principal minus the down payment
C. The down payment only
D. The principal plus interest
Answer:
Answer: D
Explanation:
Leah takes out a loan to finance the rest of the amount owed. She will have to pay back the principal plus interest. The appropriate response is option D.
What is the principal ?The principal of a loan is the sum that was initially borrowed and is still owing. Any accrued but unpaid interest related to the loan is not included in this sum. The phrase can also be used to describe the principal party to a contract or other type of commercial transaction.
The principal serves as the cornerstone upon which everything else is paid off or constructed, respectively, for both loans and investment accounts.
When a debt is incurred by the borrowing of money, interest is the sum that is charged. It may take a company or person some time to pay off a debt, so interest is frequently charged on a regular basis to promote prompt repayment of the initial sum.
Simple interest and compound interest are the two methods for calculating interest. Simple interest is calculated on a loan's principal. Compound interest is often referred to as "interest on interest".
Hence, the appropriate response is option D.
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Eric has always dreamed of opening a café by the seaside. He decides he will save to help open the café by depositing money in an ordinary annuity that earns 6.6% interest, cpmpounded monthly. Deposits will be made at the end of each month. How much money will he need to deposit into the annuity each month for the annuity to have a total value of $24,000 after 7 years? Do not round intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas
In order to accumulate a total value of $24,000 in an ordinary annuity after 7 years, with monthly deposits and a 6.6% interest rate compounded monthly, Eric would need to deposit approximately $255.32 each month.
Explanation: To calculate the monthly deposit required, we can use the formula for the future value of an ordinary annuity:
FV = P * ((1 + r)^n - 1) / r
Where:
FV = Future value of the annuity
P = Monthly deposit
r = Monthly interest rate
n = Number of periods
In this case, the future value (FV) is $24,000, the interest rate (r) is 6.6% divided by 12 to get the monthly interest rate (0.066 / 12), and the number of periods (n) is 7 years multiplied by 12 months per year (7 * 12).
Plugging in these values, we can solve for P:
$24,000 = P * ((1 + 0.066 / 12)^(7 * 12) - 1) / (0.066 / 12)
Simplifying the equation gives us:
$24,000 = P * (1.066^84 - 1) / 0.0055
To isolate P, we divide both sides by (1.066^84 - 1) / 0.0055:
P = $24,000 / ((1.066^84 - 1) / 0.0055)
Calculating this expression, we find that P is approximately $255.32, rounded to the nearest cent. Therefore, Eric would need to deposit approximately $255.32 into the annuity each month to achieve a total value of $24,000 after 7 years.
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The Upper Tier has a current debt-equity ratio of .52 and a target debt-equity ratio of .45. The cost of floating equity is 9.5 percent and the flotation cost of debt is 6.6 percent. What should the firm use as their weighted average flotation cost?
Answer: 8.60%
Explanation:
Given the following :
Current debt-equity ratio = 0.52
Target debt-equity ratio = 0.45
Cost of floating equity = 9.5%
Floatation cost of debt = 6.6%
The Weighted average cost is calculated by finding the Weighted average cost of both debt and equity.
1 + 0.45 = 1.45
Weight of debt= 0.45/ 1.45 =0.31034
Weight * cost of debt
0.31034 × 6.6% = 2.0482758
Weight of equity = 1/1.45 = 0.6896551
Weight * cost of equity
0.6896551 × 9.5% = 6.5517241
Sum of both
(6.55 + 2.05) % = 8.60%
Jim had a car accident in 2021 in which his car was completely destroyed. At the time of the accident, the car had a fair market value of $30,000 and an adjusted basis of $40,000. Jim used the car 100% of the time for business use. He received an insurance recovery of 70% of the value of the car at the time of the accident. If Jim's AGI for the year is $60,000, determine his deductible loss on the car.
Answer:
3000 dalers oost
Explanation:
Four main types of uniform series?
The four main types of uniform series are: Uniform series present worth (USPW), Uniform series future worth (USFW), Uniform series sinking fund (USSF) and Uniform series gradient (USG)
Uniform series present worth (USPW): This represents the present value of a series of equal cash flows that occur at regular intervals over a specific period of time.
Uniform series future worth (USFW): This represents the future value of a series of equal cash flows that occur at regular intervals over a specific period of time.
Uniform series sinking fund (USSF): This represents the regular payments required to accumulate a future sum of money at a given interest rate over a specific period of time.
Uniform series gradient (USG): This represents a series of cash flows that increase or decrease at a constant rate over time.
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In what three ways does the government affect production of goods and services in the US economy?
suppose that two factors have been identified for the u.s. economy: the growth rate of industrial production, ip, and the inflation rate, ir. ip is expected to be 4%, and ir 3.5%. a stock with a beta of 2.0 on ip and 1.2 on ir currently is expected to provide a rate of return of 17%. if industrial production actually grows by 5%, while the inflation rate turns out to be 5.6%, what is your revised estimate of the expected rate of return on the stock? (do not round intermediate calculations. round your answer to 1 decimal place.)
The value of revised estimate is 18.6 %.
What is meant by unanticipated?When the initial sanctioned estimate is anticipated to increase by more than 5% as a result of changes in the amount of material or rates, this document is created. It is a brand-new, comprehensive estimate for the extra work in addition to the initial estimate. It is necessary when additional development is needed as work is being done.
The final budget, also known as the original budget adjusted for all reserves, carryover funds, transfers (virement), allocations, supplemental appropriations, and other authorized legislative or similar authority changes applicable to the budget period, is known as the "revised estimate"; Samples 1 and 2.
Given Information
Old rate of return = 17%
Unexpected changes in factors = 2.0 and 1.2
Sensitivity coefficients = 2.0
Solution
Revised estimate = 17% + [(1 x 1) + (0.2 x 1.)] = 18.6%
Therefore the revised estimate value is 18.6%
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According to the segment, when is career testing most effective?.
According to the segment career testing is most effective when it is When it is guided by a trained career counselor.
What is career testing?
These are assessments that are done to determine the skills that a person has for future jobs.
Career testing is very important for determining the core skills of a person and their soft skills. A counselor is very effective in helping out here:
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outline one impact that use if technology, such as contactless payment systems, could have on a restaurant
Answer: it will increase spending in the restaurant by customers.
Explanation: Contact less payment systems involve the use of credit cards, debit cards, smart cards and smart phone and other devices which uses radio frequency identification (RFID) or near by field communication to pay for goods or services.
Contactless payment systems have had impact on spending since it inspection, it has increase spending because of the ease in payment.
Suppose that currently 80 million hamburgers are being produced and sold at a price of $2.50. this outcome in the market for hamburgers is economically because:_________
This outcome in the market for hamburgers is economically because some hamburgers aren't made or sold because consumers value them higher than their opportunity cost of manufacture.
What is a market outcome?If all costs and benefits are covered by supply and demand curves, the market outcome is a quantity where marginal social costs and marginal social benefits are equal.
The majority of economists concur that more market-oriented economies produce better economic results, but they disagree on the precise ratio of markets to central planning that promotes stability, equity, and long-term gains.
An economic system known as a market economy is one in which business and individual people of a nation collectively engage to determine economic policy and the cost of goods and services. Government intervention and central planning are minimal.
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For each transaction, enter a plus sign (+) in the appropriate column if the account classification asset, liability, or owner's equity is increased. Enter a
minus sign (-) in the appropriate column if the account classification is decreased. Both a plus sign (+) and a minus sign (-) can be entered, if
necessary
Trans. No. Assets = Liabilities + Owner's Equity
1
2
3
4
Save & Continue
Continue without saving
hp
Answer:
the question is incomplete, so I looked for similar ones:
Transactions: 1. Bought supplies on account. 2. Received cash from owner as an investment. 3. Paid cash for prepaid insurance. 4. Paid cash on account.
1) When you buy supplies on account, both assets (supplies) and liabilities (accounts payable) increase.
2) When a company receives cash from its owners, its assets (cash) and equity (paid in capital) increase.
3) When a company pays cash for insurance, total assets will not be affected because on asset account (cash) will decrease while other asset account (prepaid insurance) will increase.
4) Paying cash in order to cancel or partially pay for accounts payable will decrease both assets (cash) and liabilities (accounts payable).
Assets = Liabilities + Owner's Equity
1) + +
2) + +
3) + / -
4) - -
ex 8. on january 1, 2016, jason company issued $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually. what was the issuance price of the bonds if the market rate of interest was 8%? a. $5,000,000. b. $5,670,000. c. $5,387,500. d. $5,712,500. hint: bond issue price
The issuance price of the bonds of $5 million of 10-year bonds at a 10% coupon interest rate to be paid annually if the market rate of interest was 8% was b. $5,670,000.
What is the issuance price of bonds?The issuance price of a bond is determined by its present value.
To determine the present value, we input the following parameters onto an online finance calculator.
N (# of periods) = 10 years
I/Y (Interest per year) = 8%
PMT (Periodic Payment) = $500,000
FV (Future Value) = $5 million
Results:
Present Value (PV) = $5,671,008.14
Sum of all periodic payments = $5,000,000 ($500,000 x 10)
Total Interest = $4,328,991.86
Thus, Jason Company's 10-year bonds' issuance price was Option B.
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An IRS auditor randomly selects 3 tax returns (without replacement) from 59 returns of which 11 contain errors. What is the probability that all the returns she selects do not contain errors?
The probability that all the returns the IRS auditor selects do not contain errors is approximately 0.5072 or 50.72%.
To find the probability that all the returns the IRS auditor selects do not contain errors, we will use the concept of combinations.
Step 1: Determine the number of returns with errors and without errors.
There are 11 returns with errors and 59 - 11 = 48 returns without errors.
Step 2: Calculate the total number of ways to choose 3 returns from 59.
This is represented by the combination formula: C(n, k) = n! / (k!(n-k)!)
In this case, n = 59 and k = 3.
C(59, 3) = 59! / (3!(59-3)!) = 34,093
Step 3: Calculate the number of ways to choose 3 returns without errors.
We have 48 returns without errors, and we need to choose 3 of them.
C(48, 3) = 48! / (3!(48-3)!) = 17,296
Step 4: Calculate the probability of selecting 3 returns without errors.
Probability = (Number of ways to choose 3 returns without errors) / (Total number of ways to choose 3 returns)
Probability = 17,296 / 34,093 ≈ 0.5072
So, the probability that all the returns the IRS auditor selects do not contain errors is approximately 0.5072 or 50.72%.
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If you pick up a rider for an Uber X trip, how
do you determine the route?
Answer: Go into the app, then there should be a map button or route button. Click on it and then press route.
Explanation:
which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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uestion 1 (1 point) One way to practice your entrepreneurial skills with a bit of a safety net, perhaps until you discover the business you want to start or build up the savings you need do it, is to find a career that uses the same kind of hustle and drive to get the job done. O True O False uestion 2 (1 point)
Answer:
true.
Explanation:
Skills (hustle, drive) can be adapted to work within each trade, learning the skills is the work that needs to be done. do the work and the skills will follow. Good sales and customer service can be used in many situations, a key to sales is the alternate close, you give the customer two options, they tend to chose one. This works great socially, hey Friend what restaurant do you want to eat at A or B. You can pick both A and B and your friend gets a choice.
According to Keynesian theory, what is the most important determinant of households' spending on goods and services
A) Autonomous consumption
B) Government spending
C) The price level
D) The interest rate
E) Disposable income
__ I can help protect clients’ confidential information.
A. Anti-virus software
B. Piracy
C. Identity theft
D. Licensing infringement
Answer:
a.
Explanation:
I think it’s a. Or anti-virus software because, it helps to prevent or try and help prevent someone from stealing your personal information.
HELP ASAP Which one of the following statements about the function of money is wrong? Money holds its value well in times of inflation. Money makes trading goods and services easier. Money makes it easier to save
The statements about the function of money that is wrong is Money holds its value well in times of inflation.
Money serves as a means which helps individual to perform exchange of goods and services.
However, during inflation, money tends to loss its value because of higher price of goods.
Therefore, during inflation the value of money will be loss, which means the function of money here is not justified.
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If you have to pay your car insurance deductible, which is the best place to get the money?
1. your emergency fund
2. your insurance company
3. your credit card
4. your family
Answer:
I think its 2
Explanation:
I may be wrong, if I am give me 1 star
A person have to pay your car insurance deductible, as the best place was the insurance company. Thus, option (b) is correct.
What is insurance?
The term "insurance" refers to a risk-management strategy. Insurance provides protection against unforeseeable risks. Companies sell insurance plans to customers who agree to the terms and conditions. There are numerous types of insurance, including life, general, medical, property, and family insurance.
A person is purchased the insurance policy to concerned of the future risk. The vehicle insurance are the protected the future consequence. The insurance was the necessary to pay the every month and the yearly basis. The car insurance deductible to the best place was the insurance company.
Therefore, option (b) is correct.
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3. a. illustrate a demand curve for chobani yogurt. label your axes appropriately.
The demand curve for Chobani yogurt would be a downward sloping curve. The vertical axis represents the price of Chobani yogurt, while the horizontal axis represents the quantity demanded. As the price decreases, the quantity demanded increases, resulting in a negatively sloped demand curve.
The demand curve for Chobani yogurt reflects the relationship between the price of the product and the quantity demanded by consumers. When the price of Chobani yogurt is high, fewer consumers are willing to purchase it, leading to a lower quantity demanded. Conversely, when the price is low, more consumers are willing to buy the yogurt, resultin g in a higher quantity demanded. This inverse relationship between price and quantity demanded is captured by the downward sloping demand curve. The axes, with price on the vertical axis and quantity demanded on the horizontal axis, help visualize this relationship and provide a graphical representation of consumer behavior.
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