news

Can an 18 year old sign a contract?

Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void...

Published: Jul 19, 2026

updates

Which is an example of the elasticity of demand?

To calculate the elasticity of demand, consider this example: Suppose that the price of apples falls by 6% from $1.99 a bushel to $1.87 a bushel. In respo...

Published: Jul 19, 2026

general

When bonds are issued at a premium this indicates that?

issues 10-year bonds with a maturity value of $200,000. If the bonds are issued at a premium, this indicates that: the contractual interest rate exceeds t...

Published: Jul 19, 2026

updates

What is the best reason for organizations to still have an ethics program?

Ethics programs are most effective when perceived by employees to be “values-driven,” rather than simply compliance-driven and values-based programs are m...

Published: Jul 19, 2026

general

What is budgetary control in business?

Budgetary control is financial jargon for managing income and expenditure. In practice it means regularly comparing actual income or expenditure to planne...

Published: Jul 19, 2026

news

What are values attitudes?

Values help to guide our behavior. Attitudes are the response that is a result of our values. Values decide what we think as for right, wrong, good, or un...

Published: Jul 19, 2026

general

Is WACC a rate of return?

Put simply, WACC is the minimum acceptable rate of return at which a company yields returns for its investors. To determine an investor’s personal returns...

Published: Jul 19, 2026

news

How are taxes calculated on lease?

Calculating the taxes on your lease is easy. As with any other sales tax, you simply multiply your state tax rate by the sum of your monthly payments. If ...

Published: Jul 19, 2026

updates

What is default risk of a bond?

Default risk occurs when the bond’s issuer is unable to pay the contractual interest or principal on the bond in a timely manner or at all. Credit rating ...

Published: Jul 19, 2026

news

What are the 3 requirements of a health and safety policy?

But what are the key points of a Health & Safety Policy? A ‘Health and Safety Policy Statement of Intent’ (your aims and objectives); The organisation...

Published: Jul 19, 2026