Yee-Wei and Paula have made a bilateral contract.A bilateral contract is a type of contract where both parties make promises to each other.
In this scenario, Yee-Wei promises to pay Paula $90 for three of her textbooks from the previous semester, and Paula promises to provide Yee-Wei with the textbooks in exchange for the payment.
The contract is considered binding once both parties have agreed to the terms, in this case, when Paula agrees to Yee-Wei's offer. This means that both parties have legal obligations to fulfill under the terms of the contract. Yee-Wei is obligated to pay $90 to Paula, and Paula is obligated to provide Yee-Wei with the textbooks.
If either party fails to fulfill their obligations under the contract, the other party may have legal recourse to seek damages or other remedies.
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HYee-wei calls Paula on the telephone and offers to buy three of Paula's textbooks from the previous semester for $90. Paula agrees. Yee-wei and Paula have made a contract. A contract is formed when one party makes an offer, and the other party agrees to the offer.
In this situation, Yee-wei initiates the transaction by calling Paula on the telephone and making her an offer to purchase three textbooks for $90. Paula, in turn, agrees to the offer made by Yee-wei. This agreement between the two parties is the foundation of a contract. In this case, Yee-wei is the offeror, and Paula is the offeree.
Here is a step-by-step explanation:1. Yee-wei calls Paula on the telephone: This is the method used to communicate the offer.
2. Yee-wei offers to buy three textbooks: The offer is made by Yee-wei, and specifies the items he wants to buy (three textbooks) and the price he is willing to pay ($90).
3. Paula agrees to the offer: Paula's agreement to sell the three textbooks for $90 solidifies the contract between the two parties.
In conclusion, Yee-wei and Paula have made a contract by agreeing to the terms of the offer through a telephone conversation. Yee-wei, as the buyer, offers to purchase three of Paula's textbooks for a total of $90. Paula accepts this offer, and both parties are now bound by the terms of the contract.
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What is the difference between adjustment refusal and other refusals
Answer:
Your company most likely has clear, reasonable guidelines regarding what is a legitimate reason for adjustment, while other refusal messages may deal with a variety of issues that are less clearly defined.
Which government action would be taken in a command economy to address the problem of economic scarcity?
The government actions taken will be central planning, price control, resource allocation etc.
In a command economy, the government would take various actions to address the problem of economic scarcity. These can be noted as -
Central planning: The whole economy would be planned and managed by the government, which would determine the types of commodities and services to be produced as well as their methods of production and distribution.
Price control: To make sure that basic essentials are affordable for everyone, the government would establish prices for goods and services and manage the costs of these items.
Resource distribution: The government would distribute resources including labour, capital, and raw materials in accordance with its overall plan and would make sure that resources are used effectively.
Production Ownership: The government would be in charge of, and own and control, the factories, mines, and farms that were used to generate commodities and services in accordance with its overall strategy.
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Question 6 of 10
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
O B. banks are not allowed to use deposited funds to make loans.
O C. banks can change the interest rates on loans at any time.
O D. banks only keep a portion of their deposits as cash reserves.
Answer:
D. banks only keep a portion of their deposits as cash reserves.
Explanation:
A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained
So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves
The market capitalization rate for Admiral Motors Company is 12%. Its expected ROE is 15% and its expected EPS is $7. The firm's plowback ratio is 40%.
a. Calculate the growth rate. (Input your answer as a nearest whole percent.)
Growth rate
6:%
b. What will be its P/E ratio? (Do not round intermediate calculations.)
P/E ratio
%
a. the growth rate is 6%.
b. the P/E ratio is approximately 13.333 (rounded to three decimal places).
To calculate the growth rate, we can use the formula:
Growth rate = Retention ratio × Return on Equity
Given that the plowback ratio (retention ratio) is 40% and the expected ROE is 15%, calculate the growth rate as follows:
Growth rate = 0.40 × 0.15 = 0.06 or 6%
Therefore, the growth rate is 6%.
To calculate the P/E ratio, we can use the formula:
P/E ratio = Market capitalization rate / (ROE - Growth rate)
Given that the market capitalization rate is 12%, the expected ROE is 15%, and the growth rate is 6%, calculate the P/E ratio as follows:
P/E ratio = 0.12 / (0.15 - 0.06) = 1.2 / 0.09 = 13.333...
Therefore, the P/E ratio is approximately 13.333 (rounded to three decimal places).
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explain why two sets of points aling the linear demand curve can be price elastic or price inelastic depending on whwre theybare on the curve
Two sets of points along a linear demand curve can be price elastic or price inelastic depending on where they are on the curve. The lower the price, the greater the quantity demanded, and the more elastic the demand curve.
Price elasticity of demand measures how responsive quantity demanded is to a change in price. A demand curve is considered to be elastic if a small change in price causes a large change in quantity demanded. A demand curve is considered to be inelastic if a large change in price causes a small change in quantity demanded.
On a linear demand curve, the price elasticity of demand varies from point to point. The lower the price, the greater the quantity demanded, and the more elastic the demand curve. This is because consumers have more substitutes available to them when the price is low.
For example, if the price of a gallon of milk is $5, a small increase in price might cause consumers to switch to other beverages, such as water or juice. This would make the demand for milk elastic.
However, if the price of a gallon of milk is $10, a small increase in price might not cause consumers to switch to other beverages, because milk is a relatively essential good. This would make the demand for milk inelastic.
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MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study
Answer:
Name one component/feature of each business environment in the case study
Fill in the blank... (business!)
Answer:
Local market conditions or Local environmental conditions.
Explanation:
The answer is - Local market conditions or Local environmental conditions.
Reason -
Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
In the A-B-C classification system, items which account for about 60 percent of the annual dollar value, but only about 10 to 15 percent of the items in inventory, would be classified as
Article. The purpose of cycle counting is to: Reduce discrepancies between inventory records and actual quantities.
ABC taxonomy is a ranking system for identifying and grouping items according to their usefulness in achieving business goals. In this system, things should be grouped into three categories: A - VERY IMPORTANT. B - Moderately important. C - Relatively unimportant.
ABC analysis is an inventory management technique that determines the value of inventory items based on their importance to the business. ABC ranks items based on need, cost, and risk data, and inventory managers group items into classes based on these criteria.
The ABC method of materials management classifies materials according to their values. ABC analysis suggests that the inventories of the tissues are unequal. Inventory is therefore divided into three categories (A, B, and C) in order of estimated importance.
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Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term
Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.
We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.
Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.
The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,
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Terrell has $300 to open a checking account. He plans to use the ATM four times per month at his local branch. He does not overdraft his account.
Answer:
Terrell needs a checking account that offers him either no fees at all for ATM withdrawals at the local branch, or that offers him the lowest fees in the market.
The reason is that Terrell will open his account with a relatively small amount of $300, and he plans to make 4 withdrawals in total. Given the small balance and the quantity of withdrawals, a high fee could easily represent an important percentage of the total balance, making him lose money, essentially.
Answer:
B
Explanation:
¿Cuáles de estos son agentes económicos?
Three fundamental economic agents are present in every economy: Families, businesses, and the government, despite current economic theories.
What are the four types of economic agents?There are four primary economic agents: individuals, businesses, governments, and central banks are all examples.
What economic agents are there and what are their functions?Economic agents are one of the most important parts that make up a country. Simply put, these subjects are financial or legal participants in an economic activity. Numerous economic agents produce and distribute goods and services in a territory.
Incorporating four figures: one of the banks, given their increasing prominence when it comes to influencing the economy.
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All of the following tests are included in the ethical decision-making metric exceptA) the admired observer test.B) the legality test.C) the moral mentor test.D) the publicity test.E) the transparency test.
The ethical decision-making metric typically includes tests such as the legality test, the moral mentor test, and the admired observer test.
What is the legality test?The legality test refers to whether the decision aligns with the laws and regulations in place. The moral mentor test involves considering what a respected moral authority, such as a religious figure or personal hero, would do in a similar situation. The admired observer test involves asking how one's actions will be perceived by those they admire and respect.
Option D, the publicity test, is not typically included in the ethical decision-making metric. The publicity test refers to whether a decision would be considered ethical based on how it would be perceived by the public. While public perception can be a factor in ethical decision-making, it should not be the sole determining factor.
Option E, the transparency test, also may not be included in the ethical decision-making metric but it is an important aspect of ethical decision making. Transparency refers to being open and honest about one's actions, and ensuring that all relevant information is disclosed. This helps to build trust and accountability, and ensures that decisions are made in an ethical and responsible manner. Ultimately, the specific tests included in an ethical decision-making metric may vary, but the aim is to help individuals make decisions that are in line with their values, principles, and the greater good.
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if a firm reduces its leverage... group of answer choices ... its cost of equity will go down. ... its cost of equity will not change. ... its wacc will go down. ... its cost of debt will go up. ... its cost of capital will go down.
Reducing leverage entails the company's capital structure's debt component being reduced. By doing so, the loan will be paid off and WACC will rise. It has no effect on equity cost. The solution to the posed question is E. Its equity cost won't alter.
The weighted average cost of capital (WACC) demonstrates to a business how costly it is to fund new initiatives or other expenses by obtaining funding from outside sources. Stocks and bonds comprise the two main divisions of these sources.
Given that the overall cost of capital is unrelated to the level of leverage, any change in leverage will not affect the firm's overall value or the market price of its shares.
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Honda and Toyota have used insourcing for years to produce cars in the United States. Insourcing:
A. helps offset the number of jobs being outsourced.
B. increases the number of jobs being outsourced.
C. damages the United States economy.
D. causes jobs to be lost to overseas competitors
Insourcing is a business strategy that involves delegating a task to an internal team instead of outsourcing it to a third-party vendor.
In the automotive industry, Honda and Toyota have been using insourcing for years to produce cars in the United States. The strategy has proven to be highly beneficial for both companies as it helps them maintain quality control and save costs on shipping and logistics. Moreover, insourcing also creates job opportunities for American workers, thereby offsetting the number of jobs being outsourced overseas. Therefore, the correct answer to the question is A. Insourcing helps offset the number of jobs being outsourced. It is a win-win situation for both companies and workers in the United States as it promotes economic growth and development.
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In Dividend Discount Model , why the growth rate g is deducted from the required rate of return at denominator rather than multiplying (1+g) to the dividend at numerator in the equation?
The Dividend Discount Model (DDM) is a method used to estimate the intrinsic value of a company's stock based on the present value of expected future dividend payments.
The formula for the DDM is V = D/(r-g)
where:
V = intrinsic value of the stock
D = expected dividend payment
r = required rate of return
g = expected growth rate of the dividend
In this formula, the growth rate is deducted from the required rate of return in the denominator rather than being multiplied by (1+g) in the numerator because it is more accurate to discount future cash flows back to their present value using a single discount rate.
The required rate of return (r) is the minimum rate of return that an investor expects to earn on an investment, and it represents the opportunity cost of investing in the stock rather than other investment options. The growth rate (g) is the rate at which the company's dividends are expected to grow in the future. By subtracting the growth rate from the required rate of return, the formula effectively captures the present value of future dividend payments, accounting for both the expected growth and the investor's required rate of return.
In other words, by using the difference between the required rate of return and the growth rate in the denominator, the DDM formula discounts future dividend payments at a rate that reflects both the investor's required return and the expected growth rate of the company's dividends, providing a more accurate estimate of the stock's intrinsic value.
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How to investigate whether or not an employee at a local hospital has been accessing patient records or not?
By using some techniques we can investigate whether or not an employee at a local hospital has been accessing patient records or not.
Investigation of the following data sources is necessary.
1. Four key data sources are covered in the sections that follow.
System logs, file systems, and intrusion detection and prevention systems are a few examples of these sources. images stored in computer memory.
2. Patient data audit trail: Take into account all of the database's tables that include patient information; auditing these tables will reveal information about who is accessing the data, what data has been accessed, and when. This data will give a timeline of the actions taken by staff members with regard to the data.
3. Information-exchange source Through email, a shared drive, or any hardware device could be the method.
4. Various sources of data, such as administrative data, claims data, patient medical records, and electronic clinical data, are accessible for use in assessments.
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با ما
Outline two reasons why a business such as AEC could not be
Successful without other firms providing natural resources
Answer:
Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.
Explanation:
The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.
The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.
Which action will most improve a workers attitude
Answer:
to always
Explanation:
smile and be on there best behavior
Answer:
be a responsible worker
The difference between an extensive-form game and a simultaneous-move game is that . simultaneous-move games have zero-sum payoffs, but extensive-form games do not in simultaneous-more games players have only two actions to choose from, but in extensive-form games the players can have more than two choices simultaneous-move games have two players, but extensive-form games can have more than two players in extensive-form games the player can observe the other player's action before deciding, but in simultaneous-move they can't
A simultaneous move game is different from an extensive form game in that moves are made simultaneously in the former and sequentially in the latter.
An explanation of simultaneous move gamessimultaneous move game when players make decisions in a game without knowing what the other players will do, it is referred to as simultaneous-move. Even while it's possible, it doesn't mean that all of the players are definitely acting at the same moment. Rock-paper-scissors is a straightforward example where everyone makes their decision at the same time. Players may move without being aware of the decisions made by other players, therefore moving at precisely the same moment is not always taken literally.
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the fed uses to regulate the money supply. a. the political negotiation process b. stock market investments c. the discount rate d. the deposit requirement
The fed uses to regulate the money supply. d. the deposit requirement.
Money is any proper this is broadly used and standard in transactions regarding the transfer of products and offerings from one man or woman to another. Economists differentiate among 3 unique sorts of money: commodity cash, fiat money, and bank money. Commodity cash is a great whose cost serves because the cost of money.
You simply need a market in which to promote your goods or services. In that market, you do not barter for character items. as an alternative you exchange your items or services for a not unusual medium of alternate—that is, cash. you may then use that money to buy what you need from others who additionally accept the same medium of change.
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The customer sells the pdq position. the sma account will be:_________
a. credited by $2,100
b. debited by $2,100
c. credited by $4,200
d. debited by $4,200
Direct answer:
b. debited by $2,100. When the customer sells the PDQ position, the SMA account will be debited by $2,100.
Based on the given information, the customer sells the PDQ position. When a customer sells a position, the SMA (Special Memorandum Account) is typically debited or reduced by the amount of the sale. Therefore, the SMA account will be debited by $2,100.
When the customer sells the PDQ position, the SMA account will be debited by $2,100. This means that the amount will be deducted from the SMA balance.
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Explain what you learned about ethics in a work place
An organization that is perceived to act ethically by employees can realize positive benefits and improved business outcomes. The perception of ethical behavior can increase employee performance, job satisfaction, organizational commitment, trust, and organizational citizenship behaviors.
We want to be moral as it defines who we're for our part and as a society. These are norms of conduct that everybody must follow. Our society may fall into chaos if we take delivery of that every people ought to select out and pick what the proper component to do is.
According to this knowledge, “ethics” leans in the direction of choices primarily based totally upon character, and the greater subjective knowledge of proper and incorrect through individuals – whereas “morals” emphasizes the widely-shared communal or societal norms approximately proper and incorrect.
Ethics calls for that we enhance lifestyles' circumstances, now no longer from a wealth angle or success, but through accomplishing virtuous conduct. Making matters higher is to guide lifestyles of virtue -- try to obtain happiness in our lives and keep away from harming others. Treat Others Fairly. The Golden Rule comes into play here.
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MANY BUSINESSES FIND IT DIFFICULT TO ENTER MARKETS THAT ARE PERCEIVED TO BE OLIGOPOLY OR MONOPOLY MARKETS IN SOUTH AFRICA. HOW DOES BARRIERS TO ENTRY IMPACT ON SMALL BUSINESSES IN SOUTH AFRICA? INTRODUCTION/RESTATEMENT Body ldentify the types of South African businesses/market share Common/general barriers of entry of small businesses into markets (Make special reference to "township entrepreneurship" barriers) Interventions strategies to reduce/prevent restrictions or barriers Conclusion A summary of your key arguments and/or findings. Overall presentation Neatly typed/written presentation Quality of research Logical flow of information Facts correct and within context of discussion References to sources / Bibliography ECONOMICS RESEARCH PRCJECT Marks 2 2 8 20 8 10
Barriers to Entry and their Impact on Small Businesses in South Africa
Entering markets perceived as oligopolies or monopolies can be a daunting task for many businesses, particularly small enterprises in South Africa. This paper aims to explore the impact of barriers to entry on small businesses in South Africa, with a specific focus on township entrepreneurship. It will identify the types of South African businesses and their market share, discuss common barriers of entry faced by small businesses, including those in township areas, and propose intervention strategies to reduce or prevent these restrictions. The overall presentation will adhere to quality research standards, ensuring a logical flow of information with accurate facts and proper referencing.
I. Types of South African Businesses and Market Share:
a. Overview of the South African business landscape
b. Identification of key sectors and dominant players
c. Analysis of market concentration and oligopoly/monopoly tendencies
II. Common Barriers of Entry for Small Businesses:
a. Capital and financial constraints
b. Regulatory and legal barriers
c. Access to resources and technology
d. Branding and market differentiation
e. Limited market information and asymmetry
f. Barriers specific to township entrepreneurship (e.g., lack of infrastructure, limited access to financing, cultural and social challenges)
III. Interventions Strategies to Reduce/Prevent Barriers:
a. Government policies and support programs
b. Enhancing financial inclusion and access to credit
c. Promoting entrepreneurship education and training
d. Facilitating networking and mentorship programs
e. Encouraging collaboration and partnerships
f. Improving infrastructure and basic services in township areas
Conclusion:
This study highlights the significant challenges faced by small businesses in South Africa when entering markets perceived as oligopoly or monopoly. Barriers to entry, including those specific to township entrepreneurship, hinder the growth and development of small businesses. To address these issues, intervention strategies such as government policies, improved access to finance, and entrepreneurship support programs are necessary. By reducing or preventing these barriers, South Africa can create a more inclusive and competitive business environment, enabling small businesses to thrive and contribute to economic growth.
Overall Presentation:
This research project maintains a neatly typed/written presentation, adhering to quality research standards. The information is logically organized, providing a clear flow of ideas. The facts presented are accurate and within the context of the discussion. Proper referencing and a comprehensive bibliography are included to support the research findings.
References:
(Include a list of sources used for research purposes, formatted according to the chosen referencing style)
free creditsssssssssssssssssssssssssssss
Answer:
ty
Explanation:
can someone tell me what car u like bc i need inspo, like a V6 or something
Answer:
My personal favs are the Ford GT 2017, the Lamborghini Veneno, the Aston Martin Vulcan, and the Koenigsegg Jesko.
Three business partners Shelly-Ann, Elaine and Shericka share R150 000 profit from an invest- ment as follows: Shelly-Ann gets R57000 and Shericka gets twice as much as Elaine. How much money does Elaine receive? A. R124 000 B. R101 000 C. R62000 D. R31000
Let's assign variables to the unknown quantities:
Let E be the amount of money Elaine receives.
Since Shelly-Ann gets R57,000, we know that:
E + 2E + 57,000 = 150,000
Combining like terms:
3E + 57,000 = 150,000
Subtracting 57,000 from both sides:
3E = 93,000
Dividing both sides by 3:
E = 31,000
Therefore, Elaine receives R31,000.
The correct answer is D. R31,000.
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Choose one of the following companies and describe their value chain, with particular focus on the primary activities that they undertake to bring their product/service to market. Reebok Rolex Kia
Rolex Value Chain:
Rolex, a renowned luxury watch manufacturer, undertakes various primary activities to bring their product to market:
1. Rolex focuses on sourcing high-quality materials and components from trusted suppliers worldwide. They maintain strict quality control and ensure the timely delivery of these inputs to their manufacturing facilities.
2. Operations: Rolex's manufacturing process combines traditional craftsmanship with advanced technology . Skilled watchmakers assemble and hand-finish each timepiece meticulously. The company prioritizes precision, attention to detail, and quality control throughout the production process.
3. Outbound Logistics: Once the watches are manufactured, Rolex distributes them through authorized retailers worldwide. They have a sophisticated supply chain management system to ensure efficient shipping and delivery of their products to various markets.
4. Marketing and Sales: Rolex's marketing strategy revolves around exclusivity, luxury, and timeless elegance. They employ various marketing channels, including print media, digital marketing, sponsorships, and brand ambassadors, to promote their watches. Rolex's sales primarily occur through authorized retailers and their own boutiques, where they provide a luxurious and personalized shopping experience.
5. After-Sales Service: Rolex places significant emphasis on customer satisfaction and offers exceptional after-sales service. They provide warranties, servicing, and repairs for their watches through their authorized service centers worldwide. This ensures the longevity and reliability of their timepieces, fostering customer loyalty.
Additionally, Rolex engages in supportive activities to enhance their primary activities:
1. Procurement: Rolex carefully selects and manages relationships with suppliers to ensure the highest quality of materials and components for their watches.
2. Technology Development: Rolex invests in research and development to advance their watchmaking techniques, precision, and durability. They continuously innovate to maintain their reputation as a leader in the luxury watch industry.
3. Human Resource Management: Rolex values highly skilled watchmakers and craftsmen. They provide training, workshops, and apprenticeship programs to nurture talent and preserve the art of watchmaking.
4. Firm Infrastructure: Rolex's firm infrastructure includes their headquarters, administrative functions, and management systems, which support the overall operations and strategic decision-making of the company.
By excelling in each of these primary and supportive activities, Rolex has established itself as a global leader in luxury watches, known for their exceptional quality, craftsmanship, and timeless appeal.
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That a company may need security clearance is a possible reason for offering which type of tender?
A company may need security clearance is a possible reason for offering a Restricted tender.
What is a security clearance?Upon the execution of a comprehensive criminal record check, persons are given the status of having possession of restricted locations or classified material.
With restricted tendering, only a small group of manufacturers, suppliers, or telecommunications companies are invited to submit bids. This is due to the possibility that the firm requires clearance with regard to security.
This provides them with the security that the company is a legit one and would not be any complications in future.
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Will you borrow and act on the business idea of others?
Stop Killing Your Ideas. "Ideas," John Steinbeck once said, "are like rabbits. ... Most ideas don't stand a chance.
why should everyone that is interested in post secondary education, complete the Free Application for Federal Student Aid
Answer:
It allows you to be eligible for federal student aid and other scholarships and grants.
Explanation:
Both of them will be beneficial for you if you have some additional money to pay for your tuition without having to take a job.
Unlike any other forms of loan, Federal students aid do not have a time limit on when you could pay the loan back. This means that you can focus on your study and pay for the loan later on after you get a job in the future.
Grants and scholarships are even better. They usually give some students with direct financial helps=. You don't have to pay them back. But typically, grants and scholarships only available for students with specific criteria.