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alexandr1967 [171]
3 years ago
11

List at least three options you have when you cannot meet your responsibility to repay a loan, and explain why each of these is

a good choice. Explain which choice is the best for you. brainly
Business
2 answers:
Alex Ar [27]3 years ago
7 0
<span>You can delay your payments.
You can cancel the loan.
Discharge the loan by going bankrupt.
The best of these three would be your personal preference..

</span>
Sholpan [36]3 years ago
3 0

Answer:

-Refinance your loan

-File for bankruptcy

-Negotiate with creditor

Explanation:

Three options you have when you cannot meet your responsibility to repay a loan are:

-Refinance your loan: you can replace your loan with another one with different terms like a change on due date or the amount you have to pay to be able to meet your responsability.

-File for  bankruptcy: If you can't pay your debt and can't get a different agreement with your creditor, you can file for bankruptcy which can help you restructure your debt.

-Negotiate with creditor: Your creditor could offer options like letting you skip some payments or a settlement to pay the debt.

The best option will be to negotiate with your creditor when you can't pay your loan as it can offer an option that can help you in a easy and fast way to find a solution to repay the loan and that won't generate long-term consequences to your credit score.

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If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.
Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 =   _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg :  $1 =   5€ - change to -  $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

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4 years ago
2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat
krok68 [10]

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

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If you are applying for two different jobs, which of the these is true about the resumes you will turn
tigry1 [53]

Answer:

the first one ,you would turn in different resumes with different objective statements that match the different jobs you are

applying for

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How does the nurse manager or leader play a role in the reengineering of health care?
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