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H5.
In this question explain wrong options also and explain with details
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- What is the name of the clause that permits the lender to declare the entire unpaid balance immediately due and payable upon default? O The defeasance clause O The acceleration clause O The alienation clause • The lis pedensWhich of the following terms best describes the action that is taken once a mortgage loan has b Closure BO Refinance O Reconveyance DO Substitution of trustee OC inf20) The certificates of indebtedness of the issuer to the holder is a type of loan, where corporations are borrowing from general public and to be repaid on the date of maturity. What does the term certificate stand for? a. All b. Share c. Bond d. Retained earnings
- What happens if the pledgor defaults on their obligations in a pledge agreement? What remedies are available to the pledgee?4 which of the following policies allows the insured to continue the policy at the end of the policy term with no questions insured, even the insured's death A decreasing term B non-convertible term CEndowment D renewable termOn January 1, 20X4, Gold Company purchased a computer with an expected economic life of five years. On January 1, 20X6, Gold sold the computer to TLK Corporation and recorded the following entry Consolidation Worksheet Entries Cash Accumulated Depreciation Computer Equipment Gain on Sale of Equipment Debit 39,000 Credit 16,000 40,000 15,000 TLK Corporation holds 60 percent of Gold's voting shares. Gold reported net income of $ 45,000 including the gain on the sale of equipment, and TLK reported income from its own operations of $ 85,000 for 20x6. There is no change in the estimated economic life of the equipment as a result of the intercompany transfer. In the preparation of the 20X6 consolidated balance sheet, computer equipment will be Multiple Choice Credited for $24,000. O Debited for $1,000. Debited for $15,000 Debited for $ 40,000
- The liability for special assessment bonds for which the city is not obligated in any manner should be recorded in a Multiple Choice Debt service fund general journal. None of the fund or governmental activities general journals, but should be disclosed in the notes to the financial statements. Governmental activities general journal. Custodial fund general journal.Assess the role of Clearing and Settlement in preventing default risk inexchange.7 which of the following statements is correct about an ordinary life policy A premium payment can be increased or decrease at the discretion of the premium payer B the beneficiary designation can be changed to another person only if that person a medical examination C the policy owner may borrow against the cash value of the policy D The named beneficiary must submit evidence of continuing insurable interest in the life of the insured
- Q. No. 1: Define the following terms as stated in the Companies Act 2017.(i) CDC(ii) Associated Companies(iii) Private Limited Company(iv) Redeemable Capital(v) Special ResolutionIn addition to the collateral already in debtor’s possession, which of the following can be included in a security interest? a. Future advances b. After-acquired property c. Proceeds d. Fire insurance payments after a lossExplain in detail the similarities and differences between the following types of annuities: a.SPIA b.SPDA c.FPDA d.Why no FPIA?