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ValentinkaMS [17]
2 years ago
10

Which of the following is happening when a lending institution gains money from an individual's paycheck to cover outstanding de

bts?
A. Principal
B. Garnishment
C. APR
D. Harassment
Business
1 answer:
lozanna [386]2 years ago
4 0

When a lending institution receives an amount from the individual on his/her monthly paycheck for covering his/her due debts is called Garnishment.

Option B is the correct answer.

<h3 /><h3>What is a paycheck?</h3>

A paycheck is a check provided to the employee for the work done by him/her. It defines the amount of remuneration and other incentives earned by the employee on a monthly basis.

A legal technique that allows a third party to reduce a certain amount from the salary or wages of an individual against the payment of any dues, then this technique is called Garnishment. The third party can be the bank of the debtor and the receiver is the lending institution to whom an individual has to pay back the due amount.

Therefore, Garnishment is the process where the lender receives a certain amount from the salary of the debtor against his/her dues.

Learn more about the Garnishment on paycheck here:

brainly.com/question/14895353

#SPJ1

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The number of dependents that people are choosing to have is ?
joja [24]

Current demographic trends show that the number of dependents that people choose to have is <u>Decreasing</u>.

<h3>What is the trend in dependants?</h3>

A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.

The top reasons for this include more education and increased economic hardship.

Find out more on trends in population growth at brainly.com/question/521129.

#SPJ1

5 0
2 years ago
A sports nutrition company created an energy drink which they think improves athletic performance. In one study, weightlifters w
Len [333]

Answer:

C.

Explanation:

Based on the study being described it is not a valid claim because the stronger athletes were likely to drink the new sports drink whereas the weaker athletes were likely to drink flavored water. The companies need to sample athletes that are able to consistently lift a maximum of the same amount of weight. Once they have these participants they can then start the experiment. That way they know that the athletes are all on par with each other and if one is able to lift more than the other because they drank the energy drink they can isolate the drink as a cause.

4 0
3 years ago
Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventor
Elza [17]

Answer:

The beginning inventory was  $2000.

Explanation:

First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000  =  $6000

The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:

Cost of goods sold = Beginning inventory + Purchases - Closing Inventory

Plugging in the available figures in the formula,

6000  =  Beginning Inventory  +  8000  -  4000

6000 = Beginning inventory + 4000

6000 - 4000 = Beginning Inventory

Beginning Inventory = $2000

7 0
3 years ago
Sarah and Wei have an opportunity to buy a large parcel of land on the Willamette River, just two miles south of Salem. They wan
Andrei [34K]

Answer:

Explanation below.

Explanation:

The recommendation that I will give or propose is that the agreement must have a legal backing.

This is the best recommendation that a wise person can proposes. It is a show of height of stupidity when an individual go into conjunction with another person without any written agreement that is backed legally. This because, when there is a problem in the future, the documents will be a way to solve it.

The other secondary option is written and signed agreement with video recording. This is not as good as the one mentioned above, but can still be considered as an alternative.

8 0
4 years ago
Mona and her friends Jack and Bobby, all United States citizens, want to open a nail salon in Tennessee. They would all like to
Damm [24]

Answer: S corporation

Explanation:

The tax benefit for S corporations is that business income, as well as many tax deductions, credits, and losses, are passed through to the owners, rather than being taxed at the corporate level. This avoids the chance of “double taxation,” that occurs with C corporations, when dividend income is taxed first at the corporate level and then at the shareholder level.

3 0
4 years ago
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