In calculating interest on a note, it is necessary to take which of the following factors into consideration?
a. the principal
b. the maker
c. the payee
d. the bank
a
Business
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A client invests $100,000 in a tax shelter as a limited partner, giving him a 10% interest in the program. However, the general partners cannot meet the program's expenses. A mortgage balance remains of $3 million, and the property of the program is liquidated for $1 million. How much does the investor get back from his original investment?
A) 0 B) 10000 C) 100000 D) 33000
Business
In a no-arrival, no-sale contract, the seller is not required to deliver replacement goods to the buyer
Indicate whether the statement is true or false
Business