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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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True Tomato Inc. makes organic ketchup. To promote its products, this firm decided to make bottlesin the shape of tomatoes. To a
Fittoniya [83]

Answer:

3) physical-asset specificity

Explanation:

In a business to business relationship, physical asset specificity refers to an asset, or product or service designed to fit a particular or specialized customer's need.

In this case, True Tomato needs a very specific type of bottle that probably no other ketchup manufacturer may use or want to use. So their bottle supplier specifically manufactures the tomato shaped bottle to meet True Tomato's specific requirements.

5 0
2 years ago
Mike Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of retur
Tanya [424]

Answer:

The answer is $7,900

Explanation:

Formula of Residual Income=Net Operating Income-(minimum required rate of return*average operating assets)

Residual income (RI)=$143,700-($970,000*14%)

RI=$7,900

Further we can alsocalculate

Return on investment (ROI)=$143,700/$970,000=14.81%

8 0
3 years ago
Read 2 more answers
Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 14 percent. You als
mina [271]

Answer:

$5.89

Explanation:

The computation of current dividend per share is shown below:-

(Dividend in One Year) ÷ Current Price

= 14% ÷ 2

= 7%

Dividend = Dividend yield × Stock currently sold per share

= 0.07 × $90

= 6.3

Current dividend per share = Dividend ÷ (1 + Dividend yield)

= 6.3 ÷ (1 + 0.07)

=  6.3 ÷ 1.07

= $5.89

Therefore for computing the current dividend per share we simply applied the above formula.

6 0
3 years ago
in the context of business-level strategies, which of the following statements is true of generic strategies
valina [46]

Organizations have three fundamental strategic alternatives at their disposal to acquire a competitive edge. These include Cost Leadership, Differentiation, and Focus.

<h3>What do you mean when you refer to general business-level strategies?</h3>

This level of strategy outlines whom the company will serve, what products it will provide for them, and how it will provide those services.

<h3>One of the four general growth methods is which of the following?</h3>

Product differentiation, pricing leadership, marketing power, and distribution efficiency are Michael Porter's four general techniques for gaining a competitive edge.

To know more about  strategic visit:-

brainly.com/question/16699515

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4 0
1 year ago
Human services management includes grant writers, executive directors, program directors, and.
katovenus [111]
Budget writers, just took a test that had the same question.
6 0
3 years ago
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