A mortgage clause that states that the mortgage is due and payable upon certain conditions, such as the non-payment is the option(d) i.e, the Acceleration clause.
<h3>What is
a mortgage clause?</h3>
A provision in an insurance policy (such as a fire insurance policy) that allows the designated mortgage to receive payment for property damage or loss.
There are different types of clauses:
- Acceleration clause
- Due-On-Sale clause
- Prepayment Penalty clause
- Subordination clause
- Release clause
If the borrower breaches the conditions of the agreement, an acceleration clause in a mortgage or trust deed states that the entire obligation is payable immediately. Additionally, it will specify the circumstances under which a lender may request full loan payback. For instance, home loans frequently feature an acceleration provision that kicks in after a certain number of missed payments.
Most of the time, it is harmful to accelerate a loan. Typically, it denotes that the borrower has fallen behind on payments or broken the terms of the agreement, and the lender is requiring prompt repayment of the whole loan balance to avoid foreclosure.
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Answer:
Date Account Detail Debit Credit
June 1 Cash $4,080
Common Stock $4,080
Date Account Detail Debit Credit
June 2 Equipment $1,720
Accounts Payable $1,720
Date Account Detail Debit Credit
June 3 Rental expense $910
Cash $910
Date Account Detail Debit Credit
June 12 Accounts Receivable $800
Welding Revenue $800
Answer:
forward integration
Explanation:
Forward integration -
It refers to a business strategy , where the business is expanded in order to control the direct distribution or supply of the company's product , is referred to as forward integration .
The method helps to expand and flourish the business .
Hence , from the given scenario of the question ,
The correct answer is forward integration .
2 year college = associates degree you can earn this in community colleges or technical colleges. 4 year degree = bachelors degree this is the highest you can go in college or university therefore is very awarding.
<u>Answer:</u>
Unicorn Medicines, a pharmaceutical company based in the United States, has its research and development units spread across the globe. These research and development units have lately not been receiving adequate financial support.
(B) Most innovative ideas do not become a successful new product.
This is typically the cause for such a situation.
<u>Explanation:</u>
Whatever that comes to your mind will not necessarily take shape in reality. Success comes to that person who had the perspective of success in their mind and bring their thoughts to reality. Similarly, if we want to build a product for that, the innovative ideas that come to our mind should be applied and from that, the final product achieved will become desirable.
Nowadays most of the innovative ideas do not become a successful new product thats why the financial supporters are hesitating to invest in any kind of research and development. So that's the reason why the research and development units have lately not been receiving adequate financial supporters.
