A liquid asset is cash on hand or an asset that can be easily converted to cash. In terms of liquidity, cash is supreme, since cash aslegal tenderis the ultimate goal. Assets that can be converted to cash quickly are similar to cash itself, and are thus also liquid. Liquid assets are...
to determine what shall be lawful money and a legal tender — is in its nature, and of necessity, a governmental power. It is in all countries exercised by the government. In the United States, so far as it relates to the precious metals...
process, we will treat the order as cancelled and notify you in writing. Please note that if the pricing error is obvious and unmistakeable and could have reasonably been recognised by you as a mispricing, we do not have to provide the product or service to you at the incorrect (lower)...
Curious to know what fiat money is? In this article, we'll tell you everything about what is fiat currency, like how it works and so.
Legal tender is any form of payment that must be accepted for a debt. Usually referring to coins or bills, legal tender may...
Theprofit motive, or the desire to earn profits from business activity, is the driving force of capitalism. It creates a competitive environment in which businesses compete to be the low-cost producer of a certain good in order to gain market share. If it is more profitable to produce a di...
Legal tender has a very narrow and technical meaning in the settlement of debts. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender.
Please note that if the pricing error is obvious and unmistakeable and could have reasonably been recognised by you as a mispricing, we do not have to provide the product or service to you at the incorrect (lower) price. 11. Our liability to you 11.1. The what3words Products are ...
athis note is legal tender for all debts.public and prlvate 这笔记是法定看护人为所有debts.public和prlvate[translate] a又累又饿,他停止工作去休息 Also tired also is hungry, his knock off rests[translate] a有借必有货,借货必相 Has taking advantage of must have the goods, taking advantage of...
Tender offer As mentioned in the previous section, an acquiring company might offer to purchase stock in the target company from shareholders at a premium to the marketvalue. The intention here is to obtain a controlling interest in the target by holding at least 50% or more of the voting ...