Elaine wants to buy and operate an ice-cream truck but doesn’t have the financial resources to start the business. she borrows $10,000 from her friend george, to whom she promises an interest rate of 7 percent, and gets another $20,000 from her friend jerry, to whom she promises a third of her profits. what best describes this situation?

In financial terms, Jerry is a shareholder of Elaine's ice cream business and George is a bondholder.

Explanation:

Jerry is entitled to 33.3% of Elaine's ice cream business profit, so he owns a share of the businesses profit.

Elaine has to pay George $700 in interest for the money he lent her, the $700 would be the coupon and $10,000 the bond value.

answer///supply is elastic, and demand is inelastic;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.