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
Montano1993 [528]
2 years ago
10

jennifer persuades bank of america to loan money to hre friend by orally agreeing to gurantee the loan, in exchange the friend p

romises to give her 50% ownership in the company that she establishes with the loan
Business
1 answer:
Elden [556K]2 years ago
4 0

$500 Balance Assist - Bank of America customers can now borrow up to $500 (in increments of $100) for a $5 flat fee, regardless of the amount advanced to their account, thanks to this new short-term, low-cost loan.

<h3>Persuades bank of America to loan money?</h3>

Collateral Promise to Pay Another's Debt - In order to be enforceable, debt surety or guarantee arrangements must be in writing. These documents serve as evidence of a pledge to pay back a loan.

  • This includes scenarios in which business owners guarantee their company's debts.
  • Jennifer persuades bank of America to loan money to her friend by orally agreeing to guarantee the loan, in exchange the friend promises to give her 50% ownership in the company that she establishes with the loan Sales of products valued at $500 or more are covered by the UCC's rules. Any contract for the sale of goods for $500 or more must be in writing in order to be enforceable under the UCC. Any such agreement may only be modified in writing.
  • Generally speaking, the person being enforced upon must sign the agreement. A handwritten agreement or a mark, seal, stamp, or electronic signature can all be considered signatures. Even though it is not signed by the other merchant, a confirmation of the contract made by one merchant that is accepted by the other merchant will be considered sufficient between merchants.

Learn more about bank of America and loan money here:

brainly.com/question/27282615

#SPJ4

You might be interested in
When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all
Reika [66]

When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.

<h3>What is a destructive competition?</h3>
  • Multiple producers being driven out of the market by competition.
  • When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.

<h3>What do you mean by internal competition?</h3>
  • The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.

<h3>Is competition is constructive or destructive?</h3>
  • However, competition can really be divided into two types: healthy competition and unhealthy competition.
  • Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.

Learn more about destructive internal competition here:

brainly.com/question/27911918

#SPJ4

3 0
2 years ago
On Monday morning you sell one June T-bond futures contract at 97:27, that is, for $97,843.75. The contract's face value is $100
-BARSIC- [3]

Answer:

A. Wednesday

Explanation:

On which of the given days do you get a margin call? On Wednesday

Margin account will falls below the maintenance margin of $2,000 after the market close on Wednesday.

The margin call will be $2,000 - [2,700 - (100,000 - 97,843.72)] =$1,456.28.

7 0
3 years ago
Marcel supervises a group of paralegals serving the firm's lawyers. He gets along well with his employees, and he has created de
svet-max [94.6K]

Answer:

Task-oriented

Explanation:

Task-oriented leaders focus on getting necessary tasks done to accomplish  set objectives. These leaders are concerned with finding step-by-step solutions needed to meet set goals. The leaders will often define the roles required, put structures in place, organise necessary resources, and monitor progress towards accomplishing tasks within the team.

8 0
3 years ago
What are the pros and con's for the arrive alive campaign?
Elena-2011 [213]
The Arrive Alive campaign was launched to prevent road accidents or at least lessen the instances of accidents due to drunk driving and reckless driving.

The advantages of this campaign are:

1. It promotes awareness among drivers to drive safely. 
2. It educates drivers on the rules and safe acts when on the road. 

The disadvantages of this campaign are:

1. It does not completely eliminate the risk of accidents due to drunk and reckless driving. It merely 'educates' the drivers about safe acts. 
2. It still allows the drivers to drink and drive but at 'allowable alcohol level' which does not help at all.

In the end, the Arrive Alive campaign failed. 
3 0
3 years ago
Read 2 more answers
At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec
juin [17]
1 MONTH (SO far) $125.26 + $987.25 - ( rate: 1x $15.00) - $43.22 - $57.26 + $100.00
= C :
$1097.03

Answer is A
3 0
3 years ago
Read 2 more answers
Other questions:
  • Probably the most critical 'premise' of the marketing concept is that the firms should focus on identifying and satisfying custo
    12·1 answer
  • What can influence a stocks price
    12·1 answer
  • On January 1, 2021, Blair Company sold $800,000 of 10% ten-year bonds. Interest is payable semiannually on June 30 and December
    10·1 answer
  • Can someone please help me ! (Wingstop)
    5·1 answer
  • An adjusted trial balance:Is a list of all accounts and their balances after adjusting entries.Is a list of all accounts and the
    6·1 answer
  • U.S. Treasury deposits at the Federal Reserve Banks are:A. A liability of the Federal Reserve Banks and the U.S. TreasuryB. An a
    11·1 answer
  • If Dakota Company issues 1,500 shares of $6 par common stock for $75,000,
    7·1 answer
  • Pacific Ink had beginning work-in-process inventory of $959,660 on October 1. Of this amount, $402,560 was the cost of direct ma
    15·1 answer
  • A factory wishes to maximize its profit by choosing how many of each of its products to produce every week. The factory cannot p
    7·1 answer
  • Which inventory costing method generally results in the most recent costs being assigned to ending inventory?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!