If an individual is in financial difficulty due to which she cannot be able to pay their loans, in that case, she can ask the creditor for a lower payment plan.
<h3>What is meant by a loan?</h3>
A loan occurs when an individual who is in need of funds takes the money from the lender. The amount taken is required to be paid back along with interest.
The lower payment plan can be made by the creditors from whom she has taken the loan. She must explain her financial hardship regarding the non-payment of their current loans so that the creditor can reduce the payments accordingly. This means negotiating the loan payments in equal monthly installments as per her financial capability.
Therefore, she can ask for the minimum payment plan from the creditors in order to pay off her loans.
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Answer:
The answer is option A. Designing a new backpack at an outdoor sports equipment company is an example of Product-level activity.
Explanation:
A product-level activity is carried out in support of a specific product or activity.
These actions are taken irrespective of the amount of production or service volume associated with a product.
Product level activities relate to specific products and must be carried out regardless of how many batches or units of product are produced or sold.
For example, designing a new backpack at an outdoor sports equipment company is product specific and could involve the production of units or batches to be sold.
Answer:
It is <u>safer</u> for a company to issue equity than debt
It is <u>riskier</u> for an investor to buy equity in a company than debt in the same firm
Explanation:
If company issues debt that it has to make fixed interest payments, thus even if company is making losses, it has to pay interest which is not in case of equity. Hence, it is riskier option for the company to raise debt.
On the other, if investor in debt, then he will get fixed interest, thus debt option is relatively cheap than equity for investor