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Reptile [31]
2 years ago
12

all of the following types of clauses are intended to protect a lender's interests if the borrower defaults on a loan EXCEPT

SAT
1 answer:
dlinn [17]2 years ago
4 0

All of the following types of clauses are intended to protect a lender's interests if the borrower defaults on a loan EXCEPT exculpatory clause.

What is a lenders interest?

This is the clause that is done in order to take care of the payment that the borrowers has to make back to the lender based on the loan that they collected.

This clause is done with the interest of the person that gave out the money in mind. This is in order to avoid issues that may arise when payment is due.

<h3>What is the exculpatory clause?</h3>

This is the idea that a person is not going to be responsible for or held for damages if there happens to be issues with the contract, that may appear in the form of damages.

If the other party is inured, the other party would be free totally from all forms of damages.

Read more on money lending here: brainly.com/question/26054995

#SPJ1

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True, because adverbs modify verbs, adjectives, and other adverbs. Hope this helps :)
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3 years ago
Invasive species often unbalance the ecosystems into which they are introduced because _______. a. they did not co-evolve with t
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Answer:

a.

they did not co-evolve with the natural species and lack natural controls, like predators

Explanation:

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3 years ago
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Youmin has accounts receivable of $95,400 at march 31, 2021 (amounts in thousands). Credit terms are 2/10, n/30. At march 31, 20
Elodia [21]

Based on the information given bad debt expense is $8,675 and the journal entry is: Debit Bad debt  $6,575; Credit Allowance for Doubtful Account $6,575.

<h2>a. Bad debt expense:</h2>

Accounts Receivable   Amount       %          Estimated Uncollectible

Current                          $65,000         2%              $1,300

1–30 days past due      $12,900          5%              $645

31–90 days past due    $10,100          30%            $3,030

Over 90 days past due $7,400          50%            $3,700

Total                                                                         $8,675

<h2>b. Journal entry:</h2>

March 31 2021

Debit Bad debt  $6,575

Credit Allowance for Doubtful Account $6,575

($8,675-$2,100)

Inconclusion bad debt expense is $8,675 and the journal entry is: Debit Bad debt  $6,575; Credit Allowance for Doubtful Account $6,575.

Learn more about bad debt expense here:brainly.com/question/24871617

6 0
3 years ago
Why was it important to expand american influence in china
sleet_krkn [62]

Answer:China was "lucrative trade markets."

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7 0
3 years ago
What is the molarity of a solution that contains 5.80 grams of nickel (ii) nitrate in 500. ml?
Rus_ich [418]

Answer:- 0.0634 M

Explanation:

molarity is defined as the number of moles of solute in 1 L of solution

molar mass of Ni(NO₃)₂ - 182.7 g/mol

number of moles of Ni(NO₃)₂ - 5.80 g/ 182.7 g/mol = 0.0317 mol

number of moles in 500 mL - 0.0317 mol

therefore number of moles in 1000 mL - 0.0317 mol / 500 mL x 1000 mL/L

molarity of the solution is - 0.0634 M

7 0
2 years ago
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