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harkovskaia [24]
2 years ago
12

Erin works at a financial Institution. She has offered a housing loan to a customer. While carrying out the transaction, which l

egal responsibility
should she address?
OA. arrange an informal meeting with the customer
B. organize a success party for the department
C. disclose all confidential Information about the organization to the customer
D. ensure that she credits the loan amount accurately to the customer's account
E show the customer a list of people who defaulted on similar loans
Business
1 answer:
disa [49]2 years ago
5 0

Answer:

D. Ensure that she credits the loan amount accurately to the customer's account.

Explanation:

Financial institutions are companies that offer a wide range of monetary and financial services to various customers. The financial institutions include; commercial banks, brokerage firms, investments firms and currency exchange companies. The services offered are; cash deposits and withdrawals, loans, investment services and currency exchange services.

These services can be offered to individuals or even companies that might need a wide range of financial services. In order for these services to be conducted in an orderly fashion, the services offered have to be regulated. This means that the service providers and the customers have to operate within a legal threshold. A knowledge of the legal responsibility of each party is therefor important in these type of environment.

In our case, the legal responsibility of Erin who works as a representative of the financial institution would be to ensure that she credits the loan amount accurately to the customer's account since Erin had already approved the customer's housing loan.

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The Accounts Payable account has a beginning balance of $11,400 and the company purchased $52,000 of supplies on account during
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Answer:

$44,300

Explanation:

The account payable had a beginning balance of $11,400

The company purchased $52,000 worth of supplies

The ending balance is $19,100

Therefore the amount in which the company paid to the creditors can be calculated as follows

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3 years ago
A year ago, you purchased 300 shares of Stellar Wood Products, Inc. stock at a price of $8.62 per share. The stock pays an annua
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Answer:

D. -$1,116

Explanation:

Total amount of purchase = number of shares * price per share

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3 0
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Select the correct answer
Luda [366]

Answer:

option. C. $50

Explanation:

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7 0
2 years ago
Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrate
Brilliant_brown [7]

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>

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As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.

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1 year ago
Gaden company sells a product for $50 per unit. Warialbe costs are $40 per unit. Calculate the contribution margin per unit, in
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The Garden company sells a product for $50 per unit. Variable costs are $40 per unit.  50 % of the contribution margin per unit, in total, and as a ratio.

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7 0
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