59 What does it mean for a loan to be in default? when the borrower of a loan fails to repay on schedule according to a loan contract, without the agreement of the lender B when the lender of a loan s

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Answer 1

A loan is considered to be in default when the borrower fails to repay the loan according to the schedule and terms specified in the loan contract, without the agreement of the lender. This situation can lead to various consequences, such as penalties, increased interest rates, and potential legal actions against the borrower.

When a loan is in default, it means that the borrower has failed to repay the loan on schedule according to the loan contract, without the agreement of the lender. This can result in consequences such as late fees, negative impacts on the borrower's credit score, and the possibility of the lender taking legal action to collect the debt. It is important for borrowers to communicate with their lenders if they are experiencing financial difficulties and unable to make payments on time to avoid defaulting on the loan.

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Related Questions

Rishabh a brilliant student lives in a remote district of Orissa and has done mechanical engineering, He has won a lottery of Rs. 10 Lakhs. He wants to invest this money in some business opportunity, One of his friends suggested him to form a company. So he decided to manufacture tube lights and bulbs in his manufacturing unit and give jobs to unemployed youth in his village area. He has identified the business opportunity but is unaware about the other functions to be performed by him as a promoter of the company, Explain the other five steps to be performed by him as a promoter of the company, 2. Akriti, Manju and Sonali were friends who started a partnership business. They did not get their firm registered as it was optional. Soon, Manju and Sonali started having conflicts. Manju and Sonali wanted to approach a lawyer. If you were a lawyer than how would you guide them?​

Answers

Answer:

hall

Explanation:

kk off Krishan Kala

Describe the three different ways the argument section of a cover letter can be formatted.

Answers

Answer:

i think they are personal, formal and informal

Explanation:

im not sure but i think thats it

The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.

The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.

The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.

Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.

Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.

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Bart works as an accountant for Good Times Restaurant. He is responsible for not only keeping the books current but also for making daily bank deposits for Good Times. Bart has been struggling financially, so he decides to put some of the daily bank deposits for Good Times into his personal account, instead of the bank account of Good Times. Every day, for one month, he takes ten percent of the cash receipts from Good Times and deposits them into his personal checking account. When the manager of Good Times discovers what Bart is doing, she contacts the police, and Bart is arrested. Bart can be found guilty of:____.

a. Robbery.

b. Larceny.

c. Hacking.

d. Embezzlement

Answers

Bart found guilty for Robbery

giving wawy points im quiting

Answers

Thank you so much have a lovely day

Answer:

y=m x +b

Explanation:

5. When things become more scarce, do they become more or less valuable?

Answers

Answer:

They become more valuable

Explanation:

(similar to previous qn) when supply decreases and demand remains constant, people would have to pay more to obtain the item.

The value of the item would then increase.

It becomes more valuable because if it is scarce there is not a lot of that item

Sue wants to work as a chemical engineer for either a large corporation or the government. What would you advise her to
do while she is earning her bachelor's degree to gain some real-world experience in the field of chemical engineering while still earning
college credits ?

a) Apply for a cooperative education experience, through her university, at a company or an agency that will provide her real work
experience in her field of study

b) Study hard and wait until she earns her degree to get experience

c) Take a job on campus working in the office typing papers for engineering professors

d) Take a part-time job working nights at a pharmacy

Answers

Answer:

A

Explanation: The most common reason tbh.

Answer: A

And just trust

Which of the following is not a step in the decision making process
a.Identify Choices
b. MAKE a decision
c.Consult a career coach
d. DEFINE your needs and wants

Answers

Career Coach is wrong (Pretty sure)

Long setup times enable a manufacturer to have frequent changeovers and move toward single-piece flow, thus achieving high flexibility and product variety. a. True b. False

Answers

Answer:

b. false is the answer

Explanation:

How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300 ​

Answers

Answer:

2 months

Explanation:

Damian requires the first and last months rent = $1500

His monthly income is $1,300

The first month's expenses are $300 ( groceries, cable, and internet)

Possible savings from month one = $1000 ($1300 - $300)

To get $1500, Damian will need to save for two months.

Which of the following is true with regard to the control of administrative agencies?
Congress can seldom pass laws repealing regulations that agencies promulgate.
Federal agencies are not subject to the fiscal scrutiny of the Office of Management and Budget.
Agencies are not permitted to go directly to Congress for increases in budget
. A business having exhausted all administrative remedies cannot seek judicial review of a final agency decision.

Answers

A company that has exhausted all administrative remedies cannot seek judicial review of the final administrative decision. Administrative authorities control is as follows.

Option d is correct  .

This means that you must go through the agency's internal processes and procedures to challenge or appeal the decision before going to court. If, after all administrative remedies have been exhausted, the Company determines that the Company's final determination is illegal or unjustified, the Company may seek judicial review of the final determination.

Congress rarely passes legislation to repeal regulations enacted by government agencies. Congress has the power to pass bills to repeal or amend regulations enacted by government agencies. While it can be difficult to pass such laws for political reasons, it would be inaccurate to say that Congress rarely overturns government regulations.

Hence , Option d is correct  .

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the correct question is :

Which of the following is true with regard to the control of administrative agencies?

A . Congress can seldom pass laws repealing regulations that agencies promulgate.

B . Federal agencies are not subject to the fiscal scrutiny of the Office of Management and Budget.

C . Agencies are not permitted to go directly to Congress for increases in budget

D .  A business having exhausted all administrative remedies cannot seek judicial review of a final agency decision.

Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you watch the video, fill in the notes below that I have added. (to be brainiest you must complete the summary as well) complete a 4-5 sentence summary on the impact Zuckerberg has had on American business.

Entrepreneur Name: Mark Zuckerberg

4 Businesses/Companies (Over the span of their Lifetime):

4 Child-hood Experiences:

Personality Traits
2 Strengths and 2 Weakness
4 Challenging set-backs:
The person that had the most influence on them.
Who:

In 5 sentences answer the following prompt: What is their enduring contribution to American Business?

Answers

Answer:

This is what shows

Explanation:

Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you


1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?

Answers

Answer:

Here is a guide...

Explanation:

One place to find lists of index components or company stocks that make up an index is the website of the index maker. For example, you can find the list of company stocks included in the Nasdaq 100 by going to Nasdaq.com. Going straight to the primary source—the website of the index maker—is usually ideal.

Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.

Answers

The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.

How did the government encourage home schooling?

Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.

This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.

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Foster Industries has a project that has the following cash flows: Year Cash Flow 0 -$300. 00 1 100. 00 2 125. 43 3 90. 12 4 ? What cash flow will the project have to generate in the fourth year in order for the project to have a 15% rate of return?

Answers

The cash flow that needed to be generated in order to have a 50% return rate is $458.96 in the fourth year.

Initially the cash flows are$300, $1100, $2125.43, $390.124.

A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payout from a derivative or structured product. A loss rather than a profit is referred to as a negative return if the amount invested is larger than zero.

To compare returns across time periods of varying durations on an equal footing, each return should be converted into a return over a standard length of time. The rate of return is the outcome of the conversion.

Show from the formula let us suppose the 4 year investment is  X dollars

so, x - 390.124 / x = 15%

= x - 390.124/x = 0.15

= x - 0.15x = 390.124

= x = $ 458.96

Hence the cash flow in the 4th year will be $458.96.

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what factors help determine if a website author is credible

Answers

Answer:

1. Professional credentials: If a website author has professional credentials or a degree in the field they are writing about, that suggests they are credible.

2. Expertise or experience: If the author has expertise or experience in the subject matter, that also suggests they are credible.  

3. Objectivity: If the author is objective and has no clear bias or agenda, that is a good sign of credibility.

4. Sources: If the author cites sources for the information they present and the sources are reliable, that suggests the author is credible.

5. Reputation: If the author has a good reputation among peers and colleagues, that suggests they are credible.

Explanation:

Why are online sellers a stakeholder in Amazon?

Answers

These stakeholders are significant because they influence consumer perception on the company's goods and services it basically provides a better business

assuming that prices rise over time, which inventory cost flow assumption will result in the lowest ending inventory?

Answers

Answer: LIFO

Explanation:

HELP A GURL OUT! Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
PLZ ANSWER I NEED HELP!!!

Answers

Answer:

Decline the offer

Explanation:

I would most likely decline the offer. The fact that he is selling for higher but is willing to go 10% proves the meat isn’t worth the more money. I would stick with my current supplier. Unless there is a significant difference between the meats, there is no reason for him to be selling it any higher than his competitors and the fact that he is offering a discount proves that.

Tell me why you would use a local bank or an online bank.

Answers

I would use a local bank because I’m more used to the idea and trust the usage of this type of banking system. As for online banking, there may be some complications that may occur, such as hackers or technical difficulties.

What are 3 key takeaways you have about investing in a 401(k) plan that will help you when you’re ready to make this decision in the real world?

Answers

Explanation:

1. Always be sure to contribute enough to a 401(k) to qualify for matching contributions from your employer.

2. Be aware of the underlying costs and fees of the various investments within your retirement plan.

3. You can contribute to both a personal IRA and a 401(k) plan at work.

Investing early and consistently in a 401(k) plan can significantly increase your long-term retirement savings.

Understanding the fees, investment options, and employer matching policy can help you make informed investment decisions.

Diversifying your portfolio and regularly rebalancing it can help mitigate risk and maximize returns over time.

What is  401(k) plan?

A 401(k) plan is a type of retirement savings plan sponsored by an employer. It allows employees to contribute a portion of their pre-tax salary to a retirement account, which is then invested in a selection of mutual funds, stocks, bonds, and other assets.

These contributions and the earnings on them grow tax-deferred until they are withdrawn, typically in retirement.

One of the key benefits of a 401(k) plan is that many employers offer a matching contribution, which can help boost the account balance.

Additionally, 401(k) plans often offer a range of investment options and allow for convenient automatic contributions, making it easier for individuals to save for retirement. However, there may be fees associated with the plan, and early withdrawals may result in penalties.

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for each item listed below, indicate the allocation terminolgy for the ite. use the following terms for your answer: amortization depreciation none of theser

Answers

An allocation is a quantity of something, specifically cash, that is given to a selected individual or used for a specific motive.

>Intangible belongings are AMORTISED

>natural sources are DEPLETED

>Tangible properties are DEPRECIATED.

requirements asked [incorrect ones]

>Trademark = Intangible assets =  Amortisation.

>studies and improvement costs = None of these.

>gadget = Tangible asset = Depreciation

>Annual licensing prices = None of those.

>Land improvement = Depreciation [however, just ‘Land’ is not depreciated]

To allocate is to set aside a certain amount of money for a price. You normally listen to approximately the authorities allocating funds for education or the military, but you may in my view allocate some of your allowances to buying comedian books.

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any business ideas u guys want to do in the future?

Answers

Explanation:

I would like to be a pathologist because they peform autospys which is when they figure out how a person died or a paramedic

Which resource can you use to view business or suppliers divided into different categories?

You may use online or offline (blank) to view businesses or suppliers classified into different categories.

Answers

Answer:

yellow pages

Explanation:

Answer:

It's "Yellow Pages"

Explanation:

I got it right!!

Indicate whether the situation below will lead to a surplus, shortage, or neither.
The price of a product falls to a level that consumers consider a bargain.
O Neither
Surplus
Shortage

Answers

If the price of a product falls to what is considered a bargain price, a shortage would occur.

A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.

A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.

When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.

When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.

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in order to produce correct estimated voucher amounts,
view many fields need to be completed on the estimated tax
calculation adjustments popular entry screen
0
2
4
6

Answers

Option (c), The answer is 4. To produce correct estimated voucher amounts, you need to complete many fields on the estimated tax calculation adjustments popular entry screen. This means that multiple fields need to be filled out accurately in order to get the correct estimated voucher amounts.

1. Start by accessing the estimated tax calculation adjustments popular entry screen.
2. Look for the fields that require completion. These fields might include information such as income, deductions, credits, and other relevant tax information.
3. Carefully enter the necessary data in each field. Make sure to double-check the accuracy of your entries to avoid any errors.
4. Once you have completed all the required fields, the estimated tax calculation adjustments popular entry screen will calculate the estimated voucher amounts based on the information you provided.
5. The correct estimated voucher amount will be displayed, which you can then use for further tax calculations or planning.

Remember, accuracy and attention to detail are crucial when completing these fields to ensure the most accurate estimate of voucher amounts.

In summary, in order to produce correct estimated voucher amounts, you need to complete multiple fields on the estimated tax calculation adjustments popular entry screen.

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Do you think a team member needs to be constantly available to the rest of his or her team? Why or why not? What impact would ""pulling the plug"" have on a team? Be sure to use specific details and examples to support your opinion

Answers

A team member does not necessarily need to be constantly available to the rest of their team. While communication and collaboration are essential for a team's success, it is also important to recognize that members have individual tasks, responsibilities, and personal lives.

Constant availability could lead to burnout and negatively affect the team member's well-being and productivity. Instead, it is advisable to establish clear communication channels and schedules, enabling team members to manage their time effectively and achieve a healthy work-life balance.
Pulling the plug, or disconnecting from the team, can have both positive and negative impacts. On the positive side, it allows team members to focus on their tasks without distractions, promoting efficiency and higher quality work. Additionally, disconnecting can provide time for self-reflection and personal growth, which can ultimately benefit the team.
On the negative side, pulling the plug can hinder communication and create misunderstandings, causing delays and a lack of alignment within the team. To mitigate these risks, it is important to strike a balance between being available for the team and prioritizing individual work and personal time. Regular check-ins and updates, as well as setting clear expectations, can help maintain this balance and ensure team success.

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What is the volume of a box that is 3 m long, 0.5 m high, and 2 m wide?

Answers

the answer is three! you simply multiply all three together!

What is Jack doing to ensure savings for a new car?

Answers

Answer:

Could you add more context?

Explanation:

Answer:

He could be putting the money into the bank.

Explanation:

as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .

Answers

As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.

What is a strategic partner?

These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.

Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form  of financial exchange.

Therefore, this strategy is known as being a strategic partner.

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which variable of the retailing mix has the greatest influence on a consumer's initial perception of a retailer?

Answers

The store itself has the greatest influence on a consumer's initial perception of a retailer.

The importance of location in retail, the product mix, the shop layout and design, communication, and customer service are just a few of the essential components that make up the retail mix. Companies typically run their operations out of standalone stores or enclosed malls. The range and assortment of goods and services you provide make up your product mix.

The configuration of your stores, the visual presentation, and product placement are all parts of retail layout and design. The marketing promotion strategies you employ are referred to as communication. Retailers often offer low, moderate, or high levels of service in this area.

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