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ladessa [460]
3 years ago
11

All of the following are potential consequence of not paying debts on time EXCEPT

Business
2 answers:
Dahasolnce [82]3 years ago
8 0
I believe that the answer is B  
Agata [3.3K]3 years ago
5 0

Answer:

B: an increase in credit limits is the correct answer.

Explanation:

A poor credit score and A fine or fees are potential consequence of not paying debts on time.

An increase in credit limits is not potential consequence of not paying debts on time.

If you do not pay your debt on time, you may face the following consequences:

  • higher interest rates on later loans.
  • your card may get stopped.
  • loads of charges.
  • acquire losses on your credit score.
  • The banker must accuse you and procure a court decision before it can get your salaries or resources to make paid.
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Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging that a
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Answer:

it was a foreseen party

Explanation:

Key Largo bank would most likely sue Humphrey on the ground that it was a foreseen party. This is because Humphrey(CPA) being an auditor, knew that the audited financial statements are required for a filing with the regulatory body. Moreover, the auditing firm- Humphrey knew about the specific purpose of the audit report including the fact that his or her opinion(report) will will relied upon by other parties hence a foreseen third party for the auditor.

Based on the aforementioned, Key Largo Bank can sue Humphrey because he is aware of the intended purpose of the audit report.

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3 years ago
Which services are bannks most liikly to offer
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Answer:

checking accounts, saving accounts, certificates of deposit, and loans.

Explanation:

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3 years ago
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Answer:

The correct answer is letter "A": Developing human capital.

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3 years ago
Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out
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Answer:

All answers except 2 and 3 can be treated as correct.

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The other options provide wonderful opportunities to afford him his studies without getting into debt so matt should try one of those options.

Explanation:

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