On january 1, year 1, parker company issued bonds with a face value of $81,000, a stated rate of interest of 12 percent, and a five-year term to maturity. interest is payable in cash on december 31 of each year. the effective rate of interest was 14 percent at the time the bonds were issued. the bonds sold for $75,438. parker used the effective interest rate method to amortize the bond discount

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.