Answer:
Covenant.
Explanation:
A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.
Answer:
1. False
The higher the figure, the higher the risk. Kindly note that loans are usually insured against default. The higher the amount insured, the higher the premium payable as insurance on such amounts.
2. False
It does not make for good internal control to have one person regardless of their position to have the final say on loans of great magnitude such as $5 Million. This can quickly degenerate into a situation where the officer involved is tempted to abuse that power. It makes for good corporate governance and risk management to ensure that the board is responsible for loans of such magnitude.
3. True
If a bank lost $100 in a thousand places, from loan default, that translates to a loss of $100,000. This relatively is large however it is small and will have less impact that a loss of a million dollars in 3 places. That's $ 3,000,000.
As already indicated, it makes for good loan disbursement governance, to ensure that there is at least two persons involved in the risk acceptance criteria (RAC) evaluation and loan disbursement process.
4. False
Separation of duties is the foundation of good internal control. It allows for greater objectivity. It is also key to carefully select signatories to loan disbursements. They have to be people of impeccable character and the company must exercise proper risk management to ensure that every protocol such as opportunity that may create the impulse or inclination to breach policy is removed completely.
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Answer:
The break-even point measured in sales dollars is $8
To maintain effective levels of competition in as many markets as possible, the government enforces "Antitrust Laws." <span>Antitrust laws are designed to create greater competition in the marketplace. It was put in place in order corporations will be regulated by the state governments and federal. It regulate companies from imposing large and fixing prices. Competition will be encouraged for the consumers advantage of reasonable prices on quality products.</span>
The country of origin effect occurs when the location of a product changed into manufactured affecting how clients understand the product.
The country of origin is the country of manufacture, production, or growth where an article or product comes from. The united states' beginning is u. s. a . you come back from. In fashionable, it's far from the united states of nationality. For a few expatriates who accumulate another nationality, their united states of beginning might be that of their “1st” nationality. country of beginning impact (COE) can be described as any impact that the country of manufacture, meeting or design has on a purchaser's tremendous or bad perception of a product.
In the country of origin, the beginning is of manufacture, manufacturing, or growth from which a piece of writing or product comes from. us of an origin is not to be stressed with wherein the product became shipped from as this will no longer be similar to wherein it become in the beginning produced. u. s. a . of the foundation is vital for clients with ethnocentric notion structures and lots of customers select merchandise from advanced international locations. The united states starting place is used as an external sign for purchasers in evaluating the first-class of the product.
Normally talking, the Country of origin is the USA of manufacture, production, or increase in which a piece of writing or product comes from. u. s. a . of starting place isn't to be stressed within which the product changed into shipped from as this can no longer be the same as wherein it turned into at the start produced. The authority's e-market (GeM) portal, that's utilized by government departments for public procurement, has additionally made it obligatory for dealers to publish the USA of starting place whilst registering new products.
Learn more about your country of origin here
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