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Montano1993 [528]
1 year 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]1 year 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

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A company had the following purchases during its first year of operations: Purchases January: 18 units at $128 February: 28 unit
Archy [21]

Answer:

$8,584

Explanation:

Cost of ending inventory can be calculated by multiplying the remaining units of the given month by their purchase cost in the following month

DATA

Total remaining units n ending inventory = 58 units

10 from January at $128

12 from February at $138

14 from May at $148

12 from September at $158

10 from November at $168

Calculation

January  =  10 x $128       = $1,280

February = 12 x $138        = $1,656

May = 14 x $148                = $2,072

September = 12 x $158     = $1,896

November = 10 x $168      = $1,680

Cost of ending inventory = $8,584

7 0
3 years ago
You want to learn more about how to align individual employee's goals with the overall organization's goals. which HRM function
pav-90 [236]

Answer:

The HRM (Human Resources Management) function that covers concerns about how to align individual employee's goals with the overall organization's goals is:

Performance management.

Explanation:

In Human Resource Management (HRM), there are various functions dealing with Human resource planning, Recruitment and selection, Performance management, Learning and development, Career planning. The performance management unit ensures that individual employee's goals are aligned with the overall goals of the organization in order to achieve organizational success.  The performance management function helps HR managers to establish, agree, and marry the goals of employees with organizational performance expectations.

5 0
3 years ago
Liliana needs to furnish her new apartment. She found all the items she wanted on the manufacturer's website and can save over $
maw [93]

Answer: The price that Liliana will pay for shipping the furniture may be higher than the amount she saved.

Explanation:

Liliana wants a new furniture for her apartment which she found on the website of the manufacturer. From the information given in the question, we were informed that she will save $500 when she buys from the manufacturer directly.

From the information provided, the deal is good since she'll save $500 but the only thing that might stop her from making the purchase is when the shipping fee is more than the $500 she'll save. In that case, buying the furniture isn't really worth it as other options may be considered.

8 0
3 years ago
Q. An urban planner is designing a new urban housing development. It will have fiveapartment buildings, two basketball courts, a
Scrat [10]

Complete Question:

An urban planner is designing a new urban housing development in a currently rural area near an existing city. The urban development will have five 10-story apartment buildings, two basketball courts, a playground with permeable foam pavers, a 10-acre green space with a small man-made pond, one 5-story parking deck, and direct access to the mass transit train line. Which of the following aspects of the design for this new urban development will best help to reduce the amount of carbon dioxide released into the atmosphere?

A. The land cleared to build the new development occurs in a rural area rather than within the city limits.

B. The playground is made with permeable foam pavers rather than with impervious concrete.

C. Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

D. Food and other resources must be transported to the development from up to 200 miles away.

Answer:

Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

Explanation:

The best option that will help to reduce the amount of carbon dioxide released into the atmosphere is to create access to the mass transit train line which will consequently provide inhabitants an alternative to driving personal vehicles.

8 0
3 years ago
Bob DeSlob is CEO of Westlake Inc. that manufactures and sells widgets. Bob has decided that a safety feature recommended by the
Citrus2011 [14]

Answer:

The correct answer is letter "B": Profit maximization.

Explanation:

Top executives are in charge of decision-making in companies. The path the firm will take depends on them. Their ultimate goal is always to maximize the profits of a firm. For such a thing to happen several accounting and operations analysis is conducted to make adjustments on production or engage in the manufacturing of new goods.  

An ethical dilemma arises when <em>profit maximization</em> implies affecting others through pollution or the manufacturing of products that could be somehow risky. Managers in most cases would prefer to cut the costs of production but they must find a balance between generating more revenue and fulfilling the minimum quality requirements so that the goods or the production of them does not put others at risk.

6 0
3 years ago
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