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MatroZZZ [7]
4 years ago
11

What is credit?............

Business
2 answers:
almond37 [142]4 years ago
6 0

<u>Credit</u>

Credit is the capacity to obtain cash or access merchandise or administrations with the understanding that you'll pay later.

Credit is a sound understanding in which a borrower gets something of significant worth now and consents to reimburse the moneylender at some date later on, for the most part, with premium. Credit likewise refers to a bookkeeping passage that either diminishes resources or builds liabilities and value on the organization's monetary record .

kondaur [170]4 years ago
4 0

Answer:

It’s trust you have in getting back the money that was borrowed

Explanation:

It’s trust you have in getting back the money that was borrowed

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Laney is a resident of Maine. Delacorte is a Canadian. They dispute the ownership of Petite Isle, an island in North Rapids Rive
Norma-Jean [14]

Answer:

a. federal jurisdiction

Explanation:

According to my research on different case jurisdictions, I can say that based on the information provided within the question the diversity of the parties’ citizenship could serve as a basis for federal jurisdiction. This can be said because the federal jurisdiction is handled by federal courts which usually handle cases in which the United States of America is one of the parties involved in the case, like in this situation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
When an allocation of resources maximizes total surplus, the result is said to be efficient.
ale4655 [162]

It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.

This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.

This is because, at the equilibrium of supply and demand, the output point is deemed efficient.

This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.

Hence, in this case, it is concluded that the statement above is True.

Learn more here: brainly.com/question/15060589

7 0
3 years ago
Tedd E. Bear has an annual salary of $48,000 with no other loans outstanding. Using the 25% guideline from class and with a 20%
Kobotan [32]

Answer:

The total loan value would be of $261,825

Explanation:

In order to calculate how expensive of a home can Tedd purchase using a 4%, 30 year mortgage we would have to calculate first the amount of annual payments as follows:

amount of annual payments = $48,000*0.25 = $12,000

PMT = 12,000/12 = 1000

FV = 0

rate = 4%/12

N = 30*12

Hence, use FV function in Excel  amount after down payment = $209,461.24

this represents 80% of the loan , so total loan value = $209,461.24/0.8 = $261,825

The total loan value would be of $261,825

3 0
3 years ago
Bank Teller:
timofeeve [1]

Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.

1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.

2. The stakeholders, in this case, are the bank, and the owner of the account.

3. The alternatives that the bank teller could have done include:

  • Borrowing from friends
  • Taking a loan.
  • Soliciting for help online or from non-profit organizations.

4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.

Read related link on:

brainly.com/question/21851842

8 0
3 years ago
Debt has been marketed to us for so long, most people struggle to imagine life without
Fantom [35]
This statement is true hope this helps you
3 0
3 years ago
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