1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksju [112]
2 years ago
12

Family members may lend you money based on

Business
2 answers:
Katarina [22]2 years ago
6 0

Answer :a obligation.

The word obligation means “to be bound to act in a certain way either morally or legally.”

Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.  

Loans from family members are usually interest free.

However, if the loan is not repaid, relationships quickly turn sour.

Hence loans from family member must be treated with respect and care, in order to maintain relationships.


Airida [17]2 years ago
4 0

Answer:

The correct answer is Obligation.

Explanation:

When we live with the family, we have responsibilities towards the members of the family. We are responsible to help them in the time of their need. Normally it is our obligation to stand beside our family members through thick and thin. So if any member of the family needs to lend money, the money is given due to our obligation towards him or her. This interest free, easy to pay lending helps the member to stand on his or her feet. This increases the bonding between the family members.

You might be interested in
The amount of time it takes Robby to go grocery shopping is continuous and uniformly distributed between 20 minutes and 45 minut
labwork [276]

Answer:

0.4

Explanation:

This problem has been solved using the method of integration.

We are required to solve for the probability that it takes Robby between 29 and 39 minutes to go grocery shopping

= X~U(20,45)

= 1/45-20

= 1/25

Then we get computation for p[29<x<39]

When we take the integrals with x = 1/25

We get

Probability that it takes Robby between 29 and 39 minutes to go shopping to be 0.4

6 0
2 years ago
A federal unemployment tax is levied on
Leya [2.2K]

Any business with employees are subject to a payroll tax under the Federal Unemployment Tax Act (FUTA).

Payments of unemployment compensation to workers who have lost their jobs are made possible by the Federal Unemployment Tax Act (FUTA), which works with state unemployment systems. Most businesses are required to pay both federal and state unemployment taxes. Visit the U.S. Department of Labor's Contacts for State UI Tax Information and Assistance for a list of state unemployment tax agencies. FUTA tax is not taken out of an employee's paycheck; it is only paid by the employer.

Therefore, it is imposed on any business with employees

To know more about federal unemployment tax click here:

brainly.com/question/27646312

#SPJ4

6 0
2 years ago
On December 31, 2017, Jerome Company has an accounts receivable balance of $316,000 before any year-end adjustments.
katovenus [111]

Answer:

The Allowance for Uncollectible Accounts at December 31, 2017 is $10,430

Explanation:

In order to calculate the Allowance for Uncollectible Accounts at December 31, 2017 we would have to make the following calculation:

Allowance for Uncollectible Accounts at December 31, 2017=Estimated Allowance 1-30 days+Estimated Allowance 31-60 days+Estimated Allowance 61-90 days+Estimated Allowance over 90 days

Estimated Allowance 1-30 days=Balance*% Uncollectible

Estimated Allowance 1-30 days=$152,000*1%=$1,520

Estimated Allowance 31-60 days=$87,000*2%=$1,740

Estimated Allowance 61-90 days=$50,000*3%=$1,500

Estimated Allowance over 90 days=$27,000*21%=$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$1,520+$1,740+$1,500+$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$10,430

5 0
3 years ago
Otool Inc. is considering using stocks of an old raw material in a special project. The special project would require all 150 ki
frez [133]

Answer:

The relevant cost of the 150 kilograms of the raw material when deciding whether to proceed with the special project: $979.

Explanation:

We do not use the original cost $2,236 because it is sunk cost.

We do not use market value because Otool Inc. does not either incur this cost nor sacrifice any benefit from not buying at market price.

The relevant cost of these raw material should be the benefit sacrificing from not selling the raw material, instead using it in the project; calculated as:

Selling price x Amount sold - Cost of delivery = 7.1 x 150 - 86 = $979.

Thus, the answer is $979.

5 0
3 years ago
Consider two nations, Spendia and Savia. The MPC for Spendia is 0.8, and the MPC for Savia is 0.5. Assume that both nations expe
ruslelena [56]

Answer: See explanation

Explanation:

The increase in income for Spendia will be:

= 1 / (1 - MPC)

where MPC = 0.8

= 1 / (1 - 0.8)

= 1 / 0.2

= 5

Increase in income = Gross investment × multiplier

= $100 × 5

= $500 million

The increase in income for Savia will be:

= 1 / (1 - MPC)

where MPC = 0.5

= 1 / (1 - 0.5)

= 1 / 0.5

= 2

Increase in income = Gross investment × multiplier

= $100 × 2

= $200 million

6 0
3 years ago
Other questions:
  • The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lo
    5·1 answer
  • You want to buy a house that costs $285,000. You will make a down payment equal to 20 percent of the price of the house and fina
    5·1 answer
  • A bank money manager estimates that the bank will experience a liquidity deficit of $400 million with a probability of 10 percen
    9·1 answer
  • Label demand as elastic, unit elastic, or inelastic for each scenario. Use the midpoint method when applicable to calculate the
    8·1 answer
  • C. Describe how organizational structure can impact the effectiveness of the business in the scenario by doing the following: 1.
    9·1 answer
  • Describe the auto industry in terms of the five market characteristics
    7·1 answer
  • ...hype me up ayeeee
    5·2 answers
  • Even if it is making economic losses, a perfectly competitive firm should keep operating in the short run so long as the price i
    5·1 answer
  • The communication process begins with a(n) ______, the person who ______ a message.
    12·1 answer
  • (a) what criteria might chobani use when it seeks markets in new countries and (b) what three or four countries meet these crite
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!