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
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.

You might be interested in
Shawn goes to the library to pick up a copy of a common tax form used file taxes. Which of the following is MOST likely the form
NemiM [27]

Answer:

Shawn would choose form 1040 filing tax form.

Explanation:

7 0
3 years ago
Read 2 more answers
Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m
NemiM [27]

Answer:

The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.

Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.

6 0
3 years ago
It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A mea
NeTakaya

It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

<h3>What is meant by the hits on a page?</h3>

This is the term that is used to refer the ways that the number of traffics that happens on a particular web page can be ascertained. The hit is the number of people that are known to visit the particular site that is in question.

Hence we would say that It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

Read more on website traffic here:

brainly.com/question/14744708

#SPJ1

3 0
2 years ago
Machine Malfunction. Bruno, the president of a corporation operating work out facilities, convinced the board of directors to ap
andrew-mc [135]

Answer:

The correct answer is letter "C": The Business Judgment Rule.

Explanation:

The Business Judgment Rule is a law that protects a company's Board of Directors (BoD) from inconsistent allegations from shareholders stating that the BoD is acting against the stakeholders' interest. The law presumes that members of the BoD act in "<em>good faith</em>" and that they do not always make the best decisions.  

The Business Judgment Rule helps managers, in such a way, to avoid laws where there is no substantial proof that they had intentions to go against the investors' will.

8 0
4 years ago
Which one of the following is NOT one of the benefits of self-regulation? Select one: a. Less expensive b. Practical and realist
UNO [17]

Answer:

Option E.

All 4 of the listed benefits are correct

Explanation:

Self-regulation in business is a practice whereby businesses come together to set standards and guidelines for themselves and any other new business that are coming into the industry.

All the options are correct when we are talking about the benefits of self-regulation

A. It is less expensive when businesses self regulate since they would set standards and prices that favour themselves rather than when those regulations are out in place by external bodies.

B. The guidelines set by the businesses are practical and realistic as they will only agree on what will work out well for themselves

C. Since the bodies can regulate their industrial activities themselves, there is no need for the government to step in.

D. It is relatively easier for the associations to enforce the guidelines since they are all in the same industry and they belong to the same association.

6 0
4 years ago
Other questions:
  • Equate, a brand of health and beauty care products, is available only at walmart stores. equate is a ____ brand.
    15·1 answer
  • Some of the factors that affect how much income an individual makes are _____.
    15·1 answer
  • Which of the following is one of the basic functions of government
    9·1 answer
  • Which of the following is NOT an example that falls within the four major categories of business environment factors for today's
    9·1 answer
  • Use the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compu
    13·1 answer
  • Which of these government policies pursues the economic goal of equity?
    5·2 answers
  • Renewable Resources, Inc., files a suit against Sunrich Utility Company and seeks to examine certain documents in Sunrich’s poss
    5·1 answer
  • Has electronic banking made it easier for you to manage your finances?
    13·1 answer
  • The next two questions pertain to the problem below: You researched Jersey Kids Corp on Yahoo Finance and you found the followin
    9·1 answer
  • Career development is a lifelong process in which we become aware of, interested in, knowledgeable about, and skilled in a caree
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!