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melamori03 [73]
3 years ago
7

What are high-risk loans?

Business
2 answers:
Nesterboy [21]3 years ago
7 0
The answer should be C
Stolb23 [73]3 years ago
5 0

The answer is: C). loans that are given to consumers with bad credit

Consumers with bad credit tend to have high chance of not be able to give back their loan. This is why these consumers are considered to be 'high-risk' in the perspective of the credit providers.

Bad credit usually obtained due to inability to pay credit in the past, had higher spending compared to the amount of income, and do not possess any assets that can be used as collateral.

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jillian wishes to purchase an all-inclusive insurance policy for her new car. If an insurance company quotes her a price of $100
DerKrebs [107]

Ask what <u>coverage </u>is included for $100.

A low cost policy may not be an all-inclusive policy- you always have to look at the details.

6 0
3 years ago
A common defense known as _______ arises when a consumer knows that a defect exists but still proceeds unreasonably to make use
melomori [17]

Answer:

The correct answer is: Assumption of the risk.

Explanation:

If the risk inherent in a particular action that caused an injury is knowingly and voluntarily assumed, you cannot sue anyone to recover the damages. Suppose, for example, a situation in which he went to a friend's house and was warned about the use of the back door because the floor cover was seriously damaged and would not support a person's weight on it. If you have decided to ignore the warning and use the back door, the doctrine of risk taking will probably prevent the recovery of injuries sustained by a fall on that floor. The court will decide that you "assumed the risk" of such injury.

4 0
3 years ago
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewa
Sav [38]

Answer:

The correct answer to the following question will be "Cost-benefit analysis".

Explanation:

The cost-benefit analysis also referred to as Benefit-cost analysis, is a strategic approach to evaluating the weaknesses and strengths of approaches used only to define solutions that provide the best strategy for generating advantages while retaining costs.

This can be used to assess implemented or future actions or to measure the benefit of decision, initiative or program costs.

Therefore, this will be the right answer.

3 0
3 years ago
When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,
rewona [7]

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

6 0
3 years ago
Why would term life insurance costs be different for two people who are the same age
geniusboy [140]

Answer:

There are different factors that play into the costs.

Explanation:

For example, if you are a male, you tend to be more reckless. It also depends on the job you would be working at.

3 0
3 years ago
Read 2 more answers
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