You will need a My Business account as well as local inventory data via a product inventory feed and a local products feed, respectively, to participate in local inventory ads.
The product inventory feed displays the price and quantity of what is available in your store.
What are ads for local inventory?
You can showcase your products and store information to nearby searches using the local inventory ads feature.
How do ads for local inventory operate?
Within a 25- to 35-mile radius of your store, Local Inventory Ads are displayed. When a potential customer uses their mobile device within this range, the ads are triggered. Increasing bids from shoppers who are closest to your stores is a particularly useful strategy in this situation.
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Scamming is a national issue; in fact, the vast majority of scamming schemes come from within the United States which make it extremely easy to trace and control. t or f
True theft/larceny occurs when someone or something takes money or property or uses it in an illegal way with the intention of profiting from it. This includes financial crimes such as fraud Scamming.
How widespread is fraud?Every year, one in ten adults in the US become the victim of a scam or fraud. Identity theft affects 1.3 million kids each year. Theft of your wallet increases your risk of being a victim of identity fraud more than online fraud does.
Threat and penalty scams: what are they?Threat and penalty scams—also known as extortion schemes—occur when con artists use threats of harm (emotional or bodily), arrest, legal action, or other demands as leverage.
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if subduction is getting deeper from left to right, which is the correct order of placement going in the same direction?
Oceanic crust is frequently pushed into the mantle near convergent plate borders, where it starts to melt. Granite, the rock that forms the continents, is formed when magma rises into and through the other plate.
Therefore, at convergent boundaries, oceanic and continental crust are annihilated. At convergent borders, the oceanic lithosphere is recycled into the Earth's mantle through the geological process of subduction. Where a tectonic plate's oceanic lithosphere meets another plate's less dense lithosphere, the heavier plate falls beneath the second plate and into the mantle. A subduction zone is the location where this process takes place, and an arc-trench complex is where it manifests itself on the surface. Most of the continental crust on Earth was formed during subduction. The average rate of convergence at most plate borders is between two and eight millimeters per year, with rates of subduction commonly recorded in centimeters per year.
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if the buyer perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, but there are problems, the buyer is most likely to:
If the buyer perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, but there are problems, the buyer is most likely to share information to find a mutual solution.
The formation of relationships is expedited as businesses work to forge connections in order to accomplish their objectives, and buyer-supplier interactions have now taken on a "strategic" status. Due to demand to improve quality, cut costs, establish just-in-time systems, and shorten time to market, many procurers are creating single source suppliers, which is a significant occurrence in the context of buyer-supplier interactions.
Cost savings are the ultimate objective of developing these competencies. One of two models can be used to achieve these cost savings. Procurers pit suppliers against one another in an adversarial approach to reduce costs. In a cooperative approach, both parties obtain lower costs by collaborating to reduce the operating costs of suppliers and procurers.
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directors are under what type of duty to conduct themselves on behalf of the corporation as a reasonably prudent person in the conduct of personal business affairs?
Directors are under what type of duty to conduct themselves on behalf of the corporation as a reasonably prudent person in the conduct of personal business affairs due to duty of care.
The U.S. Department of State's Bureau of Economic and Business Affairs (EB) is responsible for advancing economic security and prosperity both domestically and internationally. The Under Secretary of State for Economic Growth, Energy, and the Environment receives its reports. The work of the Bureau focuses on the intersection between national security and economic growth. A variety of economic issues are also covered by EB, including as intellectual property rights, piracy, and counterfeiting. The EB contributes to the promotion of a consistent economic policy throughout the U.S. government as the one location where the instruments and threads of international economic policy converge. The Bureau of Economic and Business Affairs is overseen by the Office of the Assistant Secretary of State for Economic and Business Affairs of the U.S. Department of State. From December 1944 through September 15, 1972, it was known as the Assistant Secretary of State for Economic Affairs.
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Suppose the government wants to levy a new excise tax. For each of the following goods, determine whether you would expect an excise tax to result in large or small deadweight loss.
1. Alcohol
Deadweight loss is relatively
a. large
b. small
2. Milk
Deadweight loss is relatively
a. large
b. small
3. Diamonds
Deadweight loss is relatively
a. large
b. small
4. Tropical vacations Deadweight loss is relatively
a. large
b. small
5. Socks
Deadweight loss is relatively
a. large
b. small
Note that where the government wants to levy a new excise tax, the goods where the excise tax would result in deadweight loss are enumerated accordingly:
In economics, deadweight loss is the disparity between the production and consumption of any given commodity or service, including government taxes.
The existence of deadweight loss is most typically detected when the quantity generated compared to the amount consumed departs from the ideal concentration of surplus.
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what are intangible assets, what costs associated with them are capitalized and how are they amortized. also, how do you determine if they have been impaired?
Intangible assets, such as patents and trademarks, are amortized into an expense account called amortization. Tangible assets are instead written off through depreciation.
An intangible asset is an asset that lacks physical substance. Examples are patents, copyrights, franchises, goodwill, trademarks, and trade names, as well as software. This is in contrast to physical assets (machinery, buildings, etc.) and[1] financial assets (government securities, etc.). Intangible assets are usually very difficult to value. They suffer from the typical market failures of non-rivalry and non-excludability.[A large part of a company's economic value (NPV) today is made up of intangible assets.
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yoshi carries a balance on her credit card each month. in may, she decides she wants to use her card to buy a new dishwasher. in which part of the billing cycle should she make her purchase to keep her finance charges to the minimum?
When you do not have any past due she or anyone else should make their purchase to keep her finance charges to the minimum.
Your credit card issuer will not classify your account as "past due" in exchange for a minimum due, monthly payment. Yoshi will be charged the least if she pays every amount by the due date, but if she pays an amount at any point during the cycle after the due date, she will be charged a significant late fee.
The time between billing statements is known as a billing cycle, sometimes known as a billing period. The length of billing cycles might vary based on the good or service provided, though they are often set at one month. The billing cycle typically lasts between 20 and 45 days.
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what is the set of rewards that organizations provide to individuals in return for their willingness to perform various jobs and tasks within the organization?
Compensation is the set of rewards that organizations provide to individuals in return for their willingness to perform various jobs and tasks within the organization.
Compensation is the set of rewards that organizations provide to individuals in return for their willingness to perform various jobs and tasks within the organization.
A representative can be a utilized by a characterized as a person boss of work to perform explicit undertakings, obligations or capabilities in an association.
Fundamentally, a worker is burdened with the obligation of offering explicit types of assistance to the association or organization where he is right now utilized while being paid a specific measure of cash hourly, everyday, week by week, or month to month relying upon the legally binding understanding between the two gatherings (boss and representative).
Thus, while a business might be the proprietor of a business firm or organization, a representative is a subordinate utilized to offer steadfast types of assistance to the business while likewise, being proficient and determined consistently.
A correspondence standard alludes to a prize framework where the business or human asset chief choose to redress or pay the whole labor force a similar measure of cash without separation or bias.
Fundamentally, it's paid paying little mind to individual efficiency levels, to elevate the capacity to work really in gatherings.
In any case, one of the determinants of workers' eagerness to apply exertion is how much they esteem the prizes presented by the association. These prizes ordinarily incorporates pay, additional time, transportation (vehicle), house, annuity, medical care, remittances, and so forth.
Consequently, the eagerness of a representative to place in his best at his work environment by applying more exertion, is generally subject to the prize framework planned and being executed in the association.
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explain why a capability-based system provides greater flexibility than a ring-protection scheme in enforcing protection policies.
The reason why a capability-based system provides greater flexibility than a ring-protection scheme in enforcing protection policies is that: The ring-based protection mechanism necessitates that the modules be organized strictly hierarchically. It also enforces the restriction that system programs in internal rings cannot call external-ring actions.
What is a Capabilty-Based System?In general, a capability-based operating system is one that employs capability-based security. Hydra is one example. Fuchsia Control Program Facility KeyKOS EROS CapROS Midori seL4 Genode
The constraint in the Ring-Based Protection system restricts the code's flexibility and is needlessly restrictive. Hydra's capability architecture not only allows for unstructured interactions between modules but also for the dynamic creation of new modules as needed.
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the following relates to a proposed equipment purchase: initial investment $ 155,400 salvage value $ 4,600 estimated useful life 4 years annual net cash flows $ 46,700 annual depreciation expense $ 37,700 the annual average investment amount used to calculate the accounting rate of return is:
The annual average investment amount used to calculate the accounting rate of return is $80,000.
The Accounting Rate of Return (ARR) formula is used to determine the net income anticipated from an asset or investment relative to the investment's initial cost.
ARR is commonly used to guide capital budgeting decisions. An ARR calculation, for instance, can assist in determining whether moving forward is the best course of action if your company wants to decide whether to proceed with a specific investment, whether it's a project or an acquisition.
Annual average investment amount
= (155,400+4,600)/2
= 160,000/2
= 80,000
To calculate ARR we need average investment, in the given question we have two investments, to get the average we divide it by 2.
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in a legal dispute, when there is a conflict between the preprinted clauses and the handwritten information in a real estate contract, which information takes precedence?
In a legal dispute, when there is a conflict between the preprinted clauses and the handwritten information in a real estate contract, Handwritten information takes precedence.
In the event that a handwritten agreement fulfills the requirements for all agreements, including common assent, limit, thought, and lawful legitimacy, it is enforceable. With regards to the enforceability, there are no lawful qualifications among manually written and composed arrangements.
An officially composed, proficient agreement ordinarily rings a bell when a great many people consider an agreement. In any case, a written by hand agreement might be comparably lawfully restricting as a composed one.
Contrasting written by hand data with composed ones uncovers specific commonsense restrictions. Be that as it may, if appropriately designed and drafted, they are absolutely legitimate and, in practically all conditions, desirable over verbal agreements.
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tasha invests $5,000 at 6% annual interest and an additional $5,000 at 8% annual interest. thomas invests $10,000 at 7% annual interest. which stateme
Tasha's investment will generate more over time since the 8% rate of return leads the entire sum to grow quicker.
What is the connection between investment and interest rate?The interest rate and investment have an inverse relationship. If the interest rate is high, individuals will take fewer loans from banks and have less money to invest in the business, whereas if the interest rate is low, people will take more loans from banks and have more money to invest in the firm. When interest rates rise, stock prices tend to decline due to fewer future earnings. Rising interest rates contribute to higher inflation, which has an effect on the stock market. To weather stock market downturns, investors must establish a diverse portfolio. Interest rate changes can have a major impact on several types of investments. Some stock values may fall as corporations pay more for loans and raw materials.
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Answer:
D: Tasha’s investment will yield more over many years because the amount invested at 8% causes the overall total to increase faster.
Explanation:
for two months in a row, aaron realizes he has a budget deficit of roughly $175. which of these options makes the most sense for him to fix his problem?
Aaron can fix budget deficit by a. Cancel his cable TV subscription and go out to dinner three fewer times each month with friends.
What is Budget Deficit?When spending exceed income, there is a budget deficit, which is a sign of a nation's financial stability. Instead of enterprises or individuals, the term is frequently used to allude to government spending.
Budget deficits have an impact on a country's overall debt, annual budget deficit total, and total amount owed to creditors.
Tax increases and spending reductions are two ways that nations might deal with budget problems.
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Complete Question:
For two months in a row, Aaron realizes he has a budget deficit of roughly $175. which of these options makes the most sense for him to fix his problem?
a. Cancel his cable TV subscription and go out to dinner three fewer times each month with friends
b. Start paying just the minimum monthly payment on his student loan and credit card debt, instead of the extra he's been contributing
c. Contribute $100 less to savings each month and $75 less to his retirement fund
d. Sell his current car and get a less expensive vehicle
what is double-entry accounting? a a budgeting method where you plan for double every expected expense to ensure that you never budget less than you need. b a budgeting method where you record your earnings twice: once to track where your money is going, and once to decide what it is for. c a department at most companies that handles all the money and tracks receipts. d a way to double-check y
Double-entry accounting is a budgeting method where you record your earnings twice: once to track where your money is going, and once to decide what it is for.
Every transaction is recorded in two accounts one for a debit and one for a credit in a double-entry bookkeeping system. Businesses can record transactions in double-entry accounting using any combination of the five categories of accounts: assets, liabilities, equity, revenue, expenses, gains, and losses. Debits are shown on the left side of each journal entry while credits are listed on the right.
Double-entry accounting lowers mistakes and increases the likelihood that your accounts will balance. Double-entry accounting has several advantages for businesses since it not only lowers mistakes but also aids in financial reporting and thwarts fraud.
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internal controls have at least three specific objectives in regards to fraud. which of the following is not one of those objectives? a. detection b. mitigation c. deterrence d. prevention
The concept given here is Internal Control. The answer is option C, mitigation.
Internal control is a process, effected by an reality's board of directors, operation, and other labor force, designed to give reasonable assurance. That information is dependable, accurate, and timely.
Of compliance with applicable laws, regulations, contracts, programs, and procedures. The primary purpose of internal controls is to help guard an association and further its objects.
Internal controls serve to minimize pitfalls and cover means, insure the delicacy of records, promote functional effectiveness, and encourage adherence to programs, rules, regulations, and laws.
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When padgett properties llc was formed, nova contributed land (value of $200,000 and basis of $50,000) and $100,000 cash, and oscar contributed cash of $300,000. Both members received a 50% interest in llc profits and capital.
Padgett’s tax basis in the land is $50,000 that is Nova contributed land of Basis.
What do you mean by Capital?The resource known as capital, which can be money in the form of cash or kind, is used to further purchase inputs and raw materials.
According to the Question, the given data are as follows:
Nova contributed land of value = $200,000
Nova contributed land of Basis= $50,000
Oscar Contributed cash = $300,000
Nova contributed cash = $100,000
Nova contributed land of Basis is the only tax basis in the land for Padgett's.
So, Padgett’s tax basis in the land is equal to Nova contributed land of Basis
Padgett’s tax basis in the land = $50,000.
Therefore, $50,000 is Padgett’s tax basis in the land.
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government issues a security in increments of $1,000 with a maturity of 6 months. this is security is called a:
Government issues security in increments of $1,000 with a maturity of 6 months. this is security is called a: Bond.
Bonds are investment securities wherein an investor lends money to a corporation or a central authority for a set time period, in alternate for ordinary interest payments. as soon as the bond reaches maturity, the bond provider returns the investor's money. A bond among people is a robust feeling of friendship, love, or shared ideals and studies that unites them. The revel created a totally unique bond among us. [ + between].
Examples of bonds encompass treasuries (the safest bonds, however with low interest - they may be commonly sold at auction), treasury payments, treasury notes, financial savings bonds, employer bonds, municipal bonds, and company bonds.
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for her sales presentation, myra wants to design a chart which shows how much faster wounds heal when protected with solosite, a water-based ointment. to create the most effective chart, she should
For her sales presentation, myra wants to design a chart which shows how much faster wounds heal when protected with solosite, a water-based ointment. to create the most effective chart, she should- None of the above
A sales pitch is another name for a sales presentation. It is a stream of reasoning meant to convince someone or something. It aids in the opening and closing stages of a presentation plan for a good or service. The four categories—memorized (structured), persuasive selling (semi-structured), need-satisfaction (unstructured), and problem-solution (centralized)—are typically presented in a zig-zag manner to leave plenty of room for the additional details.To know more about Sales here
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an individual is more likely to free ride when a good is: question 3 options: a) artificially scarce. b) nonexcludable. c) private. d) nonrival.
Option b. non-excludable is the correct answer. An individual is more likely to free ride when a good is non-excludable
Public commodities that cannot be used in a way that excludes a specific person or group of people are known as non-excludable goods. This makes limiting access to the consumption of non-excludable items all but impossible. An illustration of a non-excludable good is a public road. A public road is accessible to almost everyone, even if they are only using it for walking (rather than driving a motorized vehicle). The opposites of excluded commodities are those that are not excluded. The former refers to products that all people may access and consume, whereas the latter describes goods that only certain people can use.
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with a site under control, the developer will begin to evaluate the feasibility of the project. the main tool that a developer will use in determining the financial feasibility of a project is
Net Present Value (NPV) , The value of prospective hazards is evaluated through feasibility studies. Real business possibilities can be distinguished from potentially risky investments through a thorough feasibility study.
What do you mean by Feasibility ?
A feasibility study is a thorough evaluation that takes into account all of the important factors of a proposed project to ascertain the chances of success. Return on investment, which indicates that the project will produce enough profit to justify the investment, is one way to describe success in business.
the likelihood that something can be manufactured, accomplished, or justified: We're examining the viability of constructing a shopping center there. Achievable.Analyzing a business idea's viability is the process of doing so. A: What does "feasibility analysis" entail? It is the initial assessment of a company idea, carried out to ascertain whether the idea is worthwhile pursuing.To know more about Feasibility please click here ; https://brainly.com/question/15016731
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the jewelry buyer took a markdown on bracelets from $24.00 to $17.99. what is the markdown to the customer and the markdown journalized by the retailer?
The markdown to customer is 25% and markdown journalized by the retailer is 33.4%.
What is markdown?In the world of finance, a markdown is the difference between a dealer's lower price for a security and the highest current bid price among dealers in the market. Sometimes dealers would cut prices to encourage trade with the intention of making up the losses with higher commissions. In the world of finance, bid prices refer to what purchasers are willing to provide. Ask prices represent the sums that vendors are prepared to take. The bid-ask spread is the difference between the highest price being offered and the lowest price being asked. Trading in a specific security amongst market makers is referred to as the "inside market." The prices and spreads on the inner market are typically lower than those on the market for regular investors.
Markdown=1-(17.99/24) *100=25%
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a public good is and in consumption. a excludable; rival b nonexcludable; rival c nonexcludable; nonrival d overpriced; underconsumed e excludable; nonrival
A public good is nonexcludable and in nonexcludable consumption.
intake is an hobby wherein institutional devices dissipate items or services; intake can be both intermediate or very last. it's miles using goods and services for the delight of character or collective human desires or wants. Tuberculosis, also called consumption, is a sickness resulting from micro organism that commonly assaults the lungs, and at the flip of the 20th century, the leading purpose of death in the usa.
weight reduction and the so-referred to as 'losing away' related to TB brought about the famous 19th century name of consumption, because the disease become visible to be consuming the person.
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the political, economic, demographic, sociocultural, technological, and legal factors that affect a company's ability to meet its marketing goals are all part of
The marketing environment is made up of the political, economic, demographic, sociocultural, technological and legal aspects that have an impact on a company's capacity to achieve its marketing objectives.
What does the term "marketing" mean?The process of developing, communicating, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing.In a nutshell, it is an action made to draw attention to a company's offerings, which may include both tangible products for sale and services provided. Television ads, billboards at the side of the road, and magazine ads are typical instances of marketing at work.What Are Marketing Objectives?The results that a brand hopes to achieve from its marketing efforts are known as marketing objectives. They ought to be measurable (and practical) so that you may organise your efforts in a planned and directed manner.The marketing environment is made up of the political, economic, demographic, sociocultural, technological and legal aspects that have an impact on a company's capacity to achieve its marketing objectives.
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As per the _____ , the entity will remain in operation for the foreseeable future.
A. cost principle
B. economic entity
C. going concern
D. monetary
As per the going concern principle the entity will remain in operation for the foreseeable future.
An accounting theory known as the going concern assumption can be used to assess a company's financial stability. One of the fundamental tenets of generally accepted accounting standards is this (GAAP).When an auditor reports a negative going concern during an audit, it means they believe the firm will have to close its doors within the following 12 months due to financial constraints.This concept assumes that an entity will continue to operate for the foreseeable future an further also ensuring that the company will not be compelled to suspend operations and liquidate its assets in the near future at what may be very low fire-sale prices. Taking this in account the accountant is justified in delaying the recognition of some costs to a later period, when the entity is presumably still in operation and making the best use of its assets.
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during a sale, a store offered a 40% discount on a couch that originally sold for $880. after the sale, the discounted price of the couch was marked up by 40%. what was the price of the couch after the markup? round to the nearest cent.
The camera now costs $378 after the following price rise.
How do equations work?
Equations are statements in mathematics that have two algebraic expressions on either side of the equals (=) sign.
It shows that the expressions printed on the left and right sides have an equal relationship.
Some of the elements of an equation are coefficients, variables, operators, constants, terms, expressions, and the equal to sign. When creating an equation, the "=" symbol and terms on both sides are a need.
given the data,
Let the price rise following the discount be = I
Let A = $ 450 serve as the camera's initial purchase price.
Let the camera's discount rate be 40 percent.
The equation is now given by.
The cost of the camera after the discount is therefore equal to 450 - (40/100) times 450.
After the discount, the camera's cost is: 450 - ( 450 x 0.4 )
After the discount, the camera's cost is equal to 450 minus 180.
After the discount, the camera costs $ 270.
The equation is also:
The discounted price is increased by 40% following the sale.
Therefore, the price of the camera has grown by 270 + (40/100) x 270.
The camera's increased cost is I = 270 + ( 270 x 0.4 )
The camera's increased cost is equal to 270 plus 108.
The camera I's increased cost is $ 378.
I thus has a value of $378.
Consequently, the camera now costs $378 after the increase.
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Answer:
$739.20
Explanation:
a historical summary of the publicly recorded documents that affect the ownership of a property is known as a(n): group of answer choices
A historical summary of the publicly recorded documents which affect the ownership of a property is known as an Abstract of Title. The correct answer is option C.
What is the Abstract of Title?Abstract of Title is a summary giving details of the title deeds and documents which prove an owner's right to dispose of land, together with any encumbrances which relate to the property.
Abstract of Title is important for purchasers or investors of a property as a summary of a title’s status to ensure clear title and to validate its provenance.
The abstract of title will also record outstanding liens against the property, back taxes owed, or unresolved building code violations.
Although part of your question is missing, you might be referring to this full question: A historical summary of the publicly recorded documents that affect the ownership of a property is known as a(n): group of answer choices: a) Estate; b) Deed; c) Abstract of title; d) Lien.
Hence, the correct answer is option C.
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in the united states, what are programs such as the interstate highway system and services to the unemployed most accurately considered?
In the United States, the programs such as interstate highway system and services to the unemployed are most accurately considered as state programs.
What are the state programs?State Programs are programs created, sponsored, and/or funded by a state, county or local government. States also fund a broad variety of other services, such as transportation, economic development, pensions and health benefits for public employees, care for people with mental health conditions and developmental disabilities, assistance to low-income families, environmental protection, corrections, state police, etc.
What are the federal programs?Federal program means any federal and state extended benefits program under federal law which provides benefits to exhaustees of regular benefits during times of high unemployment or economic downturn and any program which pays benefits under federal law, including but not limited to, Disaster Unemployment Assistance.
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the trading activity involving purchases of large blocks of securities on the expectation of a favorable price move over the next several weeks or months is called
Position trading is a type of trading that entails buying significant quantities of securities in anticipation of a positive price change over the following several weeks or months.
What Is a Position Trader?A position trader purchases an investment in the hope that its value will increase over the long run. Short-term market changes and current events are less important to this type of trader until they change their long-term perspective on the position.Position traders seek to profit from long-lasting patterns in the pricing of assets by spotting these trends and taking advantage of them. Position trading typically has the potential to offer profitable profits that are not negated by excessive transaction costs.Is positional trading better than investing?Positional trading lasts longer than long-term investing. Deals made by position traders may extend for several weeks or even months.In contrast, a trader who engages in positional trading takes both short and long positions, as opposed to an investor who simply takes a long stake.Position trading is a type of trading that entails buying significant quantities of securities in anticipation of a positive price change over the following several weeks or months.
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according to the electronic communications privacy act, when can an employer legally intercept and monitor oral and wire communications of employees?
An employer legally intercepts and monitors oral and wire communications of employees when there is a legitimate business reason for doing so.
The Electronic Communications Privacy Act and the Put away Wire Electronic Communications Act are usually alluded together as the Electronic Communications Privacy Act (ECPA) of 1986. The ECPA refreshed the Federal Wiretap Act of 1968, which tended to block attempt of discussions utilizing "hard" phone lines, however didn't have any significant bearing to capture of PC and other computerized and electronic communications. A few resulting bits of regulation, including The USA PATRIOT Act, explain and refresh the ECPA to stay up with the development of new communications advancements and techniques, remembering facilitating limitations for policing to put away communications at times.
The ECPA, as changed, safeguards wire, oral, and electronic communications while those communications are being made, are on the way, and when they are put away on PCs. The Act applies to email, phone discussions, and information put away electronically.
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in the case of multiple offers being received by the broker, the listing broker must a) present all offers at the same time. b) first present the offers produced in-house.
The listing broker is required to present all offers simultaneously in the event that the broker receives more than one.
What incorrect statement should the broker have been aware of in relation to a fact?False assertions of fact that have an impact on another party's choice regarding a contract are considered misrepresentations.
What else may a purchasing offer be called?Although "offer to purchase" is frequently used, the right phrase is "promise to purchase." It is a legal document in which the buyer offers the seller a formal contract to buy their property. The offer contains a proposed purchase price as well as a list of requirements that must be met for the deal to go through.
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