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Business & financial & corporate Law : Law & Legal & Attorney
Purpose and Effect of the Federal Reserve Bank
The Federal Reserve Bank (known casually as the Fed), was founded by Congress in 1913. There are 12 Federal Reserve Banks that form a network according to geographic districts. The main purpose and functions of the Federal Reserve Bank is to independently conduct U.S. monetary policy, maintain stabi
How to Pay by Wire Transfer
Sometimes debit or credit cards do not provide the assurance a business associate or creditor requires for a payment. Wire transfers are a safe and easy method of moving money from your bank account to a receiving bank account without sending a check or money order. The process is electronic and the
How to Get an Exempt Employee Unemployment Benefits
Finding yourself suddenly out of work can be quite a shock. Unemployment compensation benefits help to lessen that shock, at least financially. As soon as you find that your employment is ending, you should sign up for the unemployment benefits offered by your state. In some cases the human resource
Effectiveness of Control Self-Assessment
A control self-assessment initiative is a business practice that helps an organization's top leadership ensure that internal procedures, controls and mechanisms conform to laws and regulations as well as industry standards and human resources policies. Segment employees work under the guidance of de
About Money
Money. The word itself can bring smiles or frowns to people's faces. It brings so many joys to people, but without money, there can be a lot of sorrow. In the United States, there is a long history of money with many changes throughout the years. Money will be a main part of our civilized lives. Kno
What Year Was American Airlines Founded?
American Airlines was founded in 1930 as American Airways after Aviation Corp. bought 82 small, independent air transportation services throughout the Midwest and the East in 1929. Avco formed American Airways to bring the air carriers under one umbrella to establish routes in New York, Chicago, Dal
What Are Consulting Firms?
A consulting firm provides advice to other companies instead of offering a service to end users or manufacturing or selling products. Consulting firms hire experts in a field and send the experts out to client companies when the company's management needs help with a project. The client firm saves m
How to Tell If My Bank Is Solvent?
Fortunately, most ordinary consumers bear little or no personal risk if their bank fails. This is because the Federal Deposit Insurance Corporation, or FDIC, stands behind insured federal banks, and will guarantee deposits of up to $250,000 per customer, as of 2011. If a bank fails, the FDIC steps i
How to Broker Loans
A borrowing business owner may want to expand operations by upgrading equipment or purchasing property, or a homeowner might need a loan to refinance an existing mortgage. Yet the business owner or homeowner may have been turned down by several financial institutions. So they will go to a loan broke
What Is the Meaning of Direct Foreign Investment?
Direct foreign investment, also known as foreign direct investment, is a type of investment in which the company being invested in is located in a different country than the investor. For example, a Chinese company purchasing an automobile company located in Detroit would be an example of foreign di
How to Determine a Project's Investment Worthiness
New projects can demand significant outlays of resources. Project costs and timeline may require investment of both human resources and financial capital. Business decision-makers who seek to make the most of scarce resources perform a cost-benefit analysis -- an economic feasibility study -- to ens
What Is the Difference Between Foreign & International Investment?
It is very rare that a sharp distinction is made between foreign and international investment. But there is a difference, and the main distinction is in the form of investment. Foreign investment is a direct investment in the local economy dealing with physical structures like plants, markets and eq
Can I Make a Settlement on a HELOC From a Bank?
A HELOC, or home equity line of credit, is a form of second mortgage allowing homeowners to draw against home equity as needed up to their assigned credit lines. Drastic declines in home values since 2008 have caused many homeowners to owe more on primary and secondary mortgage loans than their home
Objectives of Seed Saving Banks
In recent times, we faced war escalating in frequency and size along with damaging natural disasters throughout the world. During a disaster, we look for human survival and attempt to save as many people as possible. However, when we look back on those times, we examine the environmental impact as w
Career Advancement Opportunities for an Investment Banker
Finance professionals beginning a career in investment banking can enter the field as an analyst. To get a foot in the door in investment banking, the individual must have an education in accounting, and will need a Master of Business Administration (MBA) degree to advance in the field. The Chartere
How to Protect Your Business From Employees Collecting Unemployment
When an employee is let go from a job, they may seek unemployment benefits. Unemployment benefits mean that an out-of-work person can still receive money from the company from which he was terminated, while searching for another job. It can be hard on a company to continue to pay out benefits to ter
Accounting for Debt Investments
Companies can invest in debt securities. These debt securities involve the company lending money to another person or company and then earning interest on the debt. The borrower must pay back the amount borrowed in addition to the interest.
History of Online Trading
The birth of online trading came with the debut of the Internet. Prior to this, everyone who traded placed their order through a broker who greatly influenced their purchase decisions. As a matter of fact, only large businesses had access to the web before 1979. Today, however, daily investments are
How to Create a Letter of Notification for Tax Preparation
Creating a letter of notification for tax preparation requires proper planning. A letter of notification for tax preparation is used to establish the business relationship between the tax professional and the tax professional's client prior to the preparation of the client's tax return. Certified pu
Crops Grown in Floodplains
Corn is one of several crops grown in floodplains.Corn on the stalk image by Jim Mills from Fotolia.comFloodplains are the areas of level land located along the stream banks of rivers and streams. The flood risk is great in these areas due to their location and level topography. Often,...