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Over [174]
4 years ago
11

Which of the following is a characteristic of an installment loan?

Business
1 answer:
bazaltina [42]4 years ago
4 0
In my view this option is a perfect <span>characteristic of an installment loan: </span>The item purchased is used as collateral until the balance is paid in full.
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The period of delinquency allowed before a lender begins foreclosure proceedings is determined by statute. the secondary mortgag
DedPeter [7]

Answer: The lender

Explanation: Foreclosure proceeding involves the steps a lender takes in the process of seizing or selling a property in a bid to recover the payment or amount owed by a loan defaulter. The foreclosure proceeding involves different processes and will only begin when the mortgage is delinquent. Delinquency due to failure to make an agreed payment on a mortgage. This period is usually determined by the lender and the foreclosure proceeding will begin if the payment is not made before the period.

4 0
3 years ago
_____ is defined as the connection between an entrepreneur's skills, understanding of an industry, and the ability to create a c
Svetlanka [38]

Answer: Synergy

Explanation:

Synergy can be defined as a state in which two or more things work together in a particularly way that produces an effective result.

Synergy involves bringing so many parts together to achieve results.

Synergy refers to the achievement produced as a result of combined action or co-operation.

The results produced by synergy might be multiple of actions or skills directed to the event in a positive way.

3 0
3 years ago
To avoid the difficulties involved in starting a business from scratch, Sana decides to obtain the rights to operate an outlet o
Mariana [72]

Answer:

Franchisee

Explanation:

A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.

This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.

This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.

8 0
3 years ago
Read 2 more answers
This occurs when a person or firm purchases new capital. This occurs when a person's income exceeds his consumption. Which of th
Lostsunrise [7]

Answer: Buying $200 stock in AT&T is an example of investment. As in this case the persons income exceeds his consumption and he buys new capital.

Borrowing $1000 from a bank to buy a car to use in business is also an investment as in this case buying a car is like investing in a cash flow producing asset, as the car will be an asset which will help earn money from the pizza business.

Explanation:

Roommate depositing $100 is an example of saving and not investing.

Taking out a mortgage and buying a house is an example of consumption and not investment.

3 0
3 years ago
Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. lands'
Musya8 [376]
<span>Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. Lands' end is operating in the reseller market.
This company doesn't use the goods it has bought - it just sells it again to another company so as to get some profit.
</span>
7 0
3 years ago
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