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Ne4ueva [31]
1 year ago
15

Ashton borrows $25,000 from Amanda, who lends the money without taking an interest in collateral for the loan. Amanda is relying

on Ashton's credit standing when she made the loan. In this case, what kind of creditor is Amanda
Business
1 answer:
polet [3.4K]1 year ago
3 0

Amanda is kind of an unsecured creditor.

<h3>What Is an Unsecured Creditor?</h3>

An unsecured creditor is an individual or institution that lends money without obtaining specified assets as collateral. This poses a higher risk to the creditor because it will have nothing to fall back on should the borrower default on the loan.

If a borrower fails to make a payment on a debt that is unsecured, the creditor cannot take any of the borrower's assets without winning a lawsuit first.

In other word, An unsecured creditor is a creditor other than a preferential creditor that does not have the benefit of any security interests in the assets of the debtor.

Therefore, we can conclude tat the correct option is A. Amanda is kind of an unsecured creditor.

Your question is incomplete, but most probably your full question was:

Ashton borrows $25,000 from Amanda, who lends the money without taking an interest in collateral for the loan. Amanda is relying on Ashton's credit standing when she made the loan. In this case, what kind of creditor is Amanda?

A) an unsecured creditor

B) a secured creditor

C) an administrative claim creditor

D) a post-petition creditor

Learn more about Unsecured Creditor on:

brainly.com/question/2872411

#SPJ4

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A liaison role exists when: _________
exis [7]

Answer:

Option b seems to be the correct approach.

Explanation:

  • Liaison seems to be collaboration as well as the communication of knowledge among various organizations as well as between multiple portions of the institution.
  • Communication among groups of the military services or indeed any entity shall be established in needed to guarantee coordinated action, partnership, respectively.

Some other options aren't relevant to the current situation in question. So choice b was its right one

8 0
3 years ago
The difference between the present value of future cash inflows and the present value of future cash outflows of an investment p
Katarina [22]

Answer:

The correct answer is "Net present value"

Explanation:

The Net present value (NPV) commonly is used in projects and investments to analyze the profitability and compare it with other projects or investments to decide which is better.  

Net Present Value (NPV) = Cash flow / (1 + discount rate) ^ number of time periods.

4 0
3 years ago
Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries
ololo11 [35]

Answer:

wages expense 212,000 debit

           Income tax payroll payable 42,400 credit

           FICA payable                        16,900 credit

           insurnace premium payable 4,000 credit

           wages payable                   148,700 credit

--to record wages to employees--

payroll tax expense 19,400  debit

        FICA payable                     19,400 credit

--to record employeed payroll taxes--

Income tax payroll payable 42,400 debit

FICA payable                        33,800 debit

insurnace premium payable 4,000 debit

            Cash                                         80,200 credit

--to record payment to gevernment agencies--

Explanation:

We have to deduct from the wages the employee deductions

the remaining is the wages payable

Then, we record the same amount of fica as expense as we, the employer are paying them

Then we debit all the liaiblities which arise from the employees and credit cash for the total amount

6 0
3 years ago
You have been asked to advise the Akawini management team how they should promote and monitor the transformation of risk managem
Temka [501]

Answer with Explanation:

To transform the risk management and promote the transformation process, Akawini must:

  • Implement Corporate Governance policies and enforce compliance with these guidelines.
  • Consistent Internal Control Reviews by conducting internal audits.
  • Compliance with the Sarbanes Oxley Act and Foreign Corrupt Practice Act will enable the risk management team to consider a wider aspect of its operation which includes domestic and foreign export policies enforcement.
  • Continuous Professional Development and advanced training will help them to act very efficiently and effectively minimize the level of risk the company is facing.

The progress is the process of movement towards achievement of goals and performance is the better movement towards achievement of goals.

To measurements that can be used to monitor progress and performance would be use of Key Performance Indicators and comparing the results with the actual results of company. This would help in understanding the under-performing areas and hurdles to progress. Some KPIs that the risk management team can consider are Value at risk reduced, risk threshold set, Risk to Rewards Ratio, etc.

Cost and Benefits of risk mitigation analysis will also be beneficial here because it helps the risk management team to consider the financial aspect of the decision making and thus helps in adding value to the business operation.

6 0
3 years ago
The amount of money that a worker's compensation claimant can recover
Dennis_Churaev [7]
The amount of money that a worker's compensation claimant can recover is :
C. depends on whether the employer carried worker's compensation insurance

hope this helps
3 0
3 years ago
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