1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stellarik [79]
1 year ago
13

Scott is a 15-year-old student who works at a part-time job and gets paid every two weeks. His paycheck goes directly to his pre

paid debit card. Due to some unexpected expenses, Scott is applying for a payday loan. After visiting the storefront payday lender, Scott was denied the loan because he
Business
1 answer:
malfutka [58]1 year ago
4 0

Scott was denied the loan because he was not old enough to qualify.

<h3>What is the Payday loan?</h3>

Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.

According to the above situation, Scott is cannot get the payback loan because he is  minor to sanction a loan. He must have the age of 18 years or above.

Learn more about payday loan here:

brainly.com/question/3949419

#SPJ1

You might be interested in
Duress is a possible ground for rescission of a contract.​<br><br> a. true<br><br> b. fals
WARRIOR [948]

False

Duress is used to enforce a contract, not for the rescission of a contract.

5 0
3 years ago
On December 1, 2020, Bramble Corporation incurs a 15-year $1300000 mortgage liability in conjunction with the acquisition of an
weeeeeb [17]

The portion of the second monthly payment made on January 31, 2021, which represents repayment of principal is $15600.

<h3>Mortgage liability </h3>

Mortgage liability limits the liability of potential third parties who were not involved when the mortgage was arranged. For example, if a mortgage is in arrears, the debtor has to pay the outstanding principal and interest, plus late payment and other charges.

<h3>What is mortgage asset or liabilities?</h3>

A current liability for

1) the principal payments that will be coming due within one year after the balance sheet date, and

2) any accrued interest that is owed as of the balance sheet date.

To learn more about current liability  visit the link

brainly.com/question/14287268

#SPJ4

6 0
1 year ago
When researching your perspective business, it’s most important that you know your product and your
professor190 [17]

When researching your prospective business you should focus on your product and target customers.

6 0
3 years ago
(problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance
kirill115 [55]

Since Margo purchase her optimal consumption bundle, the marginal utility per dollar consumed on dance lessons must be equivalent to the marginal utility per dollar paid on dance shoes. The marginal utility per dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent to 2 utils per dollar. The marginal utility per dollar expended on dance shoes therefore has to equal 2 utils per dollar. Since the marginal utility of a pair of dance shoes cost 300 utils per pair, the value of a pair of shoes should be $150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils per dollar.

6 0
3 years ago
Karen is designing a process for issuing checks and decides that one group of users will have the authority to create new payees
Nataly [62]

Answer:

D. Separation of Duties

Explanation:

Separation of duties also know as segregation of duties refuses that one person he responsible of acquisition of assets, their custody and related record keeping. The process in which Karen is using to prevent fund by separating individuals who as the authority to issue checks is known as separation of duties. It is a form of internal control aimed at reducing risk of errors and frauds.

4 0
2 years ago
Other questions:
  • Harrison Corp. wants to raise its level of service to enhance customer experience. The board of directors send out an email cont
    15·1 answer
  • What should every prepared hunter carry for outdoor emergencies? hunting plan fanny pack global positioning system first-aid kit
    5·1 answer
  • John's car is hit by ben's truck. a doctor tells john that he will be disabled only temporarily. ben's insurance company offers
    7·1 answer
  • For the month of november, whetzel corporation. predicts total cash collections to be $1 million. also for november, whetzel cor
    13·1 answer
  • Significant accounting policies may not be:
    11·1 answer
  • During the year, Sheldon Company had net credit sales of $40,000. At the end of the year, before adjusting entries, the balance
    13·1 answer
  • In the market for silver bracelets, the supply curve is the typical upward-sloping straight line, and the demand curve is the ty
    9·1 answer
  • What is the difference between elastic and inelastic demand? Give 5 points?
    14·1 answer
  • B2B marketing requires a special, unique set?​
    15·1 answer
  • A trader wants to gain a profit by expecting a significant move in either direction of the underlying stock. Which strategy best
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!