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Volgvan
11 months ago
6

margo has found her dream house. it’s listed at $370,000, and she plans to offer $365,000. she has a letter from her lender stat

ing that she’s been pre-approved for a maximum $375,000 loan. why should she ask her lender to re-write the pre-approval letter? unset starred question
Business
1 answer:
charle [14.2K]11 months ago
7 0

By providing the letter with her maximum loan amount Margot risks reducing her negotiating ability

This is further explained below.

<h3>What is a pre-approval letter?</h3>

Generally, A letter from a lender that states that the lender is willing to lend to you in the event of prequalification or preapproval is a document that states the lender is willing to lend to you up to a particular loan amount.

This is not a guaranteed loan offer, and the document that you are looking at is based on certain assumptions.

In conclusion, Margot runs the risk of decreasing her capacity to negotiate by diminishing her leverage by submitting the letter with the maximum loan amount.

Read more about the pre-approval letter

brainly.com/question/28221419

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Explanation:

The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.

Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.

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2 years ago
Monty has launched a company with the help of crowdfunding. He wants to secure the computer algorithm that he uses in his primar
ohaa [14]

Answer: A. Utility Patent

Explanation:

Generally speaking there are 3 types of patents including Utility, Design and Plant Patents.

The relevant patent here however is the Utility Patent.

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Algorithms fall under this patent as well and as such it is best that Monty uses it.

7 0
2 years ago
The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coa
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Answer:

$134,546

Explanation:

Calculation to determine the projected operating cash flow for this project

Projected operating cash flow=

{[820 × ($719 − 435)] + [(1,040 − 1,120) × ($369 − 228)] − $23,100} × {1 − .34} + {$10,400 × .34}

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Therefore the projected operating cash flow for this project is $134,546

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2 years ago
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Answer:

Volatility

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Volatility of industrial demand is the uncertainty in demand for product or parts by consumers. Companies need to adequately prepare for these changes in demand by the consumer so as to adequately provide the inventory or product to the customer.

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They are producing both traditionally furled cars and the Mirai (a car that uses electricity). By this move they are appealing to both demand for normal fuel cars and those that want to use alternative energy sources

8 0
2 years ago
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