Voidable contract examples refers to the valid contract which gets rejected at the option of aggrieved party. There is a mutual agreement between the parties which is enforceable by law but stand voidable on grounds of misrepresentation, fraud, coercion, mistake etc. however, it depends on the unbound party to decide at the point whether to make the contract voidable or fulfil the contract obligations by noting on specified issues.
Tax shield approach is termed as the deduction that a business or a corporation can make in its taxable income to reduce their tax burden/obligation. This activity can be achieved by using various expenses like medical, interest, depreciation etc that are tax-deductible. They impact the profits or net income which decreases the tax liability.
Minimum balance definition is termed as the least amount that is required to maintain or hold an account by a customer in a bank. However, there are ways available to avoid this condition like student account, zero balance accounts etc. the minimum balances helps the client’s to receive certain benefits like receiving interest, open an account, keep it active etc.
The concept of mutual funds vs hedge funds determines the points of differences between the two terminologies. The basis for the same can be flexibility, investors, objectives, fund manager, redemption, fees and so on. This classifies that though both the funds need investment and are adopted for earning returns yet they stand at different places in the market.
Prime broker account mainly acts as an intermediary which can be an investment company or a large bank offering services relating to hedge funds. The service can be online trade execution, securities lending, risk management etc. There are various kinds of prime brokers in the market depending upon the requirements of the client.