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
lys-0071 [83]
1 year ago
8

Beau borrows $15,000 from credit center to buy a car. The lender assigns the right to receive the loan payments to debt collecti

ons inc. If beau does not pay the debt, the assignee can.
Business
1 answer:
alexandr1967 [171]1 year ago
5 0

Beau gets a $15,000 loan from a credit union to buy an automobile. Debt  receives the assignment from the lender of the authority to accept loan payments. Beau can be sued by the assignee if he refuses to pay the loan.

A payment is the voluntarily made exchange of money, its equivalent, or other valuables by one party (such as an individual or business) for a loan another's goods, services, or to satisfy a legal obligation. Payer refers to the party sending the money, whereas payee denotes the recipient of the payment.

In principle, the payee is free to choose the payment method he or she will take; nevertheless, most payments regulations often compel the payer to accept the nation's legal cash up to a specified maximum. Except loan otherwise otherwise agreed by the parties, payments are typically made in the payee's native currency.

Learn more about payments here

brainly.com/question/15138283

#SPJ4

You might be interested in
Once a trial balance has been prepared, the next step of the accounting cycle involves: a. Classifying the transactions into log
Mice21 [21]

Answer:

The correct answer is letter "B": Preparing financial statements such as the balance sheet, income statement, and statement of cash flows.

Explanation:

A trial balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, the total of all the debits must equal the total of all the credits. Since the trial balance is a list of all the accounts it serves as an accuracy check before the company prepares the financial statements including the <em>Balance sheet, Income </em>and <em>Cash Flows Statements</em>.

3 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
When choosing which foreign country to enter, a country will be less appealing when?
Gennadij [26K]
It is/was at war, it doesn't have the kind of financial sustenance you need.
3 0
3 years ago
QUESTION 5 of 10: Since you rely on your parent/guardian for your food, shelter, and clothing, you are considered:
Nookie1986 [14]

Answer:

C) A dependent

Explanation:

You depend on other people for what you want

Depend = rely = same thing different way that it is written

You are depending on your parent/guardian for food, shelter, and clothing.

d is incorrect because you are not being independent, since you are not doing it yourself

Resourceful, nahh.

Lucky...how is that considered lucky, I mean yh ur lucky you have them but in this case no

Hope this helped!

Have a supercalifragilisticexpialidocious day!

4 0
3 years ago
Read 2 more answers
jazz world inc. is considering a project that has the following cash flow and wacc data. what is the project's npv? note that a
Marianna [84]

The project's projected NPV is $185.11. (second option)

<h3>What is the NPV?</h3>

Net present value is the present value of after-tax cash flows from an investment less the amount invested. Only projects with a positive NPV should be accepted.

A project with a negative NPV should not be chosen because it isn't profitable. NPV is calculated by taking the present value of all cash flows over the life of a project. Then, the present value of cash flows is subtracted from the investment's initial investment

NPV = -1200 + 400 / 1.0975 + 425 / 1.0975² + 450 / 1.0975³ + 475 / 1.0975^4

= $185.11

To learn more about net present value, please check: brainly.com/question/25748668

#SPJ1

8 0
1 year ago
Other questions:
  • Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the nex
    9·2 answers
  • The newly opened Stone Restaurant was unable to attract a lot of customers. Since the owner of the restaurant had to pay back th
    14·1 answer
  • Each state heavily regulates the insurance industry. <br> a. True<br> b. False
    10·1 answer
  • 1. Assume that in the relevant jurisdiction, contracts with clauses restricting working for competitors for more than six months
    8·1 answer
  • Purchase of a house is:
    14·1 answer
  • At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha
    7·1 answer
  • The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected
    7·1 answer
  • Which of the following is a major reason that people move to exurbs?
    6·2 answers
  • The risk-free rate of return is 2% and the expected return on the market portfolio is 8%. Oklahoma Oilco has a beta of 2.0 and a
    11·1 answer
  • If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no workers and loses $1500.00
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!