Is accepting a job offer a contract?
A verbal or oral job offer can form a legally binding contract if it’s accepted by the applicant. The legal position doesn’t change just because some impo...
Category: News
What is a retirement incentive?
Retirement incentive programs, unlike retirement benefit program (discussed in Chapter 4), are specifically designed to encourage faculty turnover, typica...
What are the causes of balance of payment deficit?
3 Important Causes of Deficit in Balance of Payments These factors can be divided into three groups: (i) Developmental activities: (ii) High rate of infla...
What are the advantages of an offshore company?
Advantages of offshore companies Privacy. Asset protection. Reduced tax liability. Protection against lawsuits. Flexible business laws. Ease of operation....
Does tax bracket apply to all income?
How much you will actually owe depends on both your income and your filing status. For example, if you are a single filer, you will pay 10 percent on the ...
Do you have to put 20 down on a construction loan?
Traditionally financed construction loans will require a 20% down payment, but there are government agency programs that lenders can use for lower down pa...
Is it easier to get loan or line of credit?
Personal loans are easier to budget for when compared with lines of credit. Yet lines of credit can offer you flexibility when borrowing. With a line of c...
Are IRA annuities insured?
Both IRAs and annuities offer a tax-advantaged way to save for retirement. An IRA is an account that holds retirement investments, while an annuity is an ...
What is a correctly priced stock?
How can you tell if a stock is correctly priced? If it has been trading sideways for a long time, it is correctly priced. The narrower the trading range, ...
What are the benefits of recording transactions?
What are the benefits of recording all business transactions? Well kept records means tax saving. Good accounting records act as backup for all income and...
