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3 years ago

After a lender notifies the trustee that a borrower is in default, the trustee must take all the following actions EXCEPT

Business

1 answer:

Marina86 [1]3 years ago

4 0

The trustee must take all the actions like care for the assets to notifies the trustee that a borrower.

The first and most important of a Trustee's obligations is to maintain, manage, and care for the assets of the belief for the sole advantage of the beneficiaries of the consideration under the terms of the agreement with the tool.

The trustee has the right to be reimbursed for the expenses incurred by way of him for the reason of the agree with, like costs incurred for the execution of the trust, for the protection of the acceptance as true with property, for the protection or support of the beneficiary, and so forth.

The trustee can't grant legitimate and reasonable requests from one beneficiary in a well-timed way and deny or postpone granting legitimate and reasonable requests from some other beneficiary certainly due to the fact the trustee does now not particularly take care of that beneficiary. invest agree with property in a conservative way.

Learn more about the role of the trustee here:-brainly.com/question/1362888

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Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs. Consumers are not ready to absorb much costs as they are presented with low-priced alternatives. The competition for customers among supply chain organizations is very high. Everyone competes for the dollar the consumer is willing to spend on goods. With property and advertising costs skyrocketing, careful management of the cost structure is required.

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3 years ago

A market-oriented organization believes that the social and economic justification for an organization's existence is the satisf

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Answer:

TRUE

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most multi national organisations like Coca cola,Amazon,McDonald,Nestle all use market oriented approach, they strategically determine the needs of customers before designing products

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3 years ago

Prepare adjusting entries for the following transactions. (Credit account titles are automatically indented when the amount is e

-Dominant- [34]

Answer:

Please see the adjusting entries below.

Explanation:

1. Depreciation on equipment

Debit Depreciation expense $1,340

Credit Accumulated depreciation $1,340

(To record depreciation expense for the period)

2. Interest on loans

Debit Interest expense $275

Credit Interest payable $275

(To record interest on loans)

3. Purchase of office supplies

Debit Office supplies $550

Credit Cash $550

(To record purchase of office supplies)

4. Prepaid rent

Debit Amortization expense $700

Credit Prepayment $700

(To record expired prepayment)

5. Accrued salaries

Debit Salaries expense $900

Credit Accrued salary $900

(To record accrued salaries)

7 0

4 years ago

PLEASE HELP WITH THIS

inna [77]

Answer:

She wait more for opportuniti cost

Explanation:

because he have no amount to go for trip in new Zealand

8 0

3 years ago

You are considering investment that is going to pay $1,500 a month starting 20 years from today for 15 years. If you can earn 8

Margarita [4]

Answer:

$31,858.57

Explanation:

1. First calculate the value of a constant annuity of $1,500 for 15 years at the 8% return.

The formula is:

$PV=C[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]$

Where:

PV is the present value of the annuity

C is the constant pay,emt: $1,500

r is the rate of return: 8%/12 = 0.08/12 =

t is the number of periods: 15 years × 12 moths/year = 180

Substitute and compute:

$PV=\$ 1,500[\dfrac{1}{(0.08/12)}-\dfrac{1}{(0.08/12)(1+0.08/12)^{180}}]$

$PV=\$ 156,960.89$

2. Discount to the present year.

You calculate the value of the annuity 20 years from now.

Then, you must discount that value at the same 8% rate to have the price today.

$Price=(Value\text{ }in\text{ }20\text{ }years)/(1+r)^t$

Here, the value in 20 years is $156,960.89, r = 0.08/12, and t = 240 (20 × 12).

$Price=\$ 156,960.89/(1+0.08/12)^{240}=\$ 31,858.57$

5 0

3 years ago