Equity Notes Are Considered to Be Part of Tier 1

question 93

True/False

Equity notes are considered to be part of Tier 1 capital.

Assess the factors influencing the choice of a cost driver in cost estimation.

Recognize the different classifications of costs in activity-based costing.

Evaluate the implications of volume changes on different types of costs.

Identify the assumptions and criteria necessary for regression analysis in cost estimation.

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Definitions:

Bilateral Contract

A type of contract involving mutual obligations whereby each party promises to perform an act in exchange for the other party's act.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.

Adequacy of Consideration

Assessing whether something of legal value has been exchanged in a contract to justify the parties’ obligations.

Consideration

In contract law, it refers to something of value, such as money, services, or goods, exchanged between parties as part of an agreement.