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antiseptic1488 [7]
3 years ago
11

Complete the description of how George financed his car purchase.

Business
1 answer:
Lena [83]3 years ago
4 0
<span>The correct answers are:- B. credit union- B. high-risk
Thus the sentence goes: George bought a new car at a car dealership that offered on-the-spot financing through a CREDIT UNION. George's credit score is poor, but he was still offered a HIGH-RISK loan.
These things are often associated with car dealerships to gain profit quick from customers who are quite impulsive. <span>
</span></span>
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__________ is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell
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Answer:

Franchise

Explanation:

This is a business arrangement where the owner of a successful business gives the right (through special business and legal arrangement) to another, to run such business in a specified location using his brand name in accordance with agreed terms and conditions. Under this arrangement, technical support and training are always provided by the franchiser.

The franchisor charges the franchisee a fee for the right which in most cases is periodic. The franchise is renewable.

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Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
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Under the mudarabah banking system, when an Islamic bank lends money to a business Multiple Choice it charges that business inte
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Answer:

It takes a share in the profits that are derived from the investment.

Explanation:

The Mudarabah banking system is a financial concept that is structured on partnership, wherein one partner is the financier (rabbulma) while the other partner is responsible for the supply of labor and skills (mudarib) for the management of the capital invested in the business. Consequently, the factors of production in this system are, labor, capital and entrepreneurship.

The Mudarabah is of two types:

1. Restricted mudarabah: if the financier states a particular business for which the capital is to be invested in.

2. Unrestricted mudarabah: if the financier permits the fund manager or entrepreneur (mudarib) to invest the capital in any business of choice.

Under the mudarabah banking system, when an Islamic bank lends money to a business, it takes a share in the profits that are derived from the investment for a specific period of time.

Hence, it's a banking system peculiar to the Islamic world and the contractual partners shares profit and loss based on a pre-defined and agreed ratio.

7 0
2 years ago
Howard Schultz of Starbucks, spotted the opportunity to ___
erma4kov [3.2K]

Answer:

Import

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importing goods and services

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Moura Company has $22,000,000 of notes payable due April 12, 2022. At December 31, 2021, Moura signed an agreement with First Ba
vodomira [7]

Answer:

$7,600,000

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Note payable outstanding = Notes payable due April 12, 2022 - Loan value = $22,000,000 - $14,400,000 = $7,600,000.

Therefore, the note payable amount that Moura should include in the noncurrent liabilities section of its December 31, 2021, balance sheet is $7,600,000.

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3 years ago
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