A warranty is a kind of assurance that a manufacturer or other supplier of a good or service makes regarding the condition of its product. A warranty will contain the terms and conditions under which repairs and exchanges will be made in the event of malfunction.
Corporate tax refers to the charge that is placed on a company’s profits by the government which is used to finance activities that benefit the entire society. This levy is determined by calculating revenue and deducting allowable expenses and exemptions from its operating earnings to arrive at the obligation that is owed to the government.
Risk tolerance is the degree of variability in investment returns that an investor is willing to withstand in their financial planning. Risk tolerance is an important component in investing. Risk tolerance is often associated with age, although that is not the only determining factor. However, in a general sense, people who are younger and have a longer time horizon are…