Which three things do creditors consider to be most important when judging a persons creditworthiness to buy a house or car?

1 answer:

4 0

Creditors consider character, collateral and, capacity to be most important when judging a persons creditworthiness to buy a house or car.

Character - who you are as a person, honest, true, based on reports you are able and make payments on time.

Capacity - you're ability to make the payments and understand how to.

Collateral - what you own that they could take in a form of "payment" if you don't repay your loan.

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Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,

Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

X = minimum number of shares that must be owned = ?
S = total outstanding shares = 10,000,000
N = number of directors we want to elect = 1
D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

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weqwewe [10]

Answer:

 we produce the goods and services that people value less

Explanation:

Remember, an inefficient activity is one that fails to achieve maximum productivity with minimum wasted effort.

Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing laptops. However, it later determined that the allocated resources were inefficient since most consumers according to a survey now prefer tablet computers. The company received low sales volume as result.

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777dan777 [17]

Answer:

siness and Industry Endorsement.

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Explanation:

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Sav [38]

Answer:

Use a software program

Explanation:

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Paper layouts can be stolen but if lost it may be found.Paper layouts are easier to make though because you dont have to add special effects by scrolling and scrolling because you can do it quickly with you pencil.

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4vir4ik [10]

The right answer for the question that is being asked and shown above is that: " Changes to the marketing plan are acceptable, but only in the earliest stage." Marketing plans are business activities involved in accomplishing specific marketing objectives within a set time frame.

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