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lubasha [3.4K]
3 years ago
6

In a payday loan, what happens at the date of loan maturity?

Business
2 answers:
natka813 [3]3 years ago
5 0

The answer is <u>"borrower must pay off loan".</u>



Payday loan stores offer a place to turn when individuals have a money crisis, however payday's as yet a couple of days away. Numerous individuals exploit the payday advances offered by non-bank organizations. The loans enable borrowers enough assets to break through to their next payday, at which time the advance and intrigue end up due.  

Payday loans are advertised intensely to individuals who experience issues bringing home the bacon every month. When you begin taking out payday credits, it turns out to be anything but difficult to rely upon them.

Elena L [17]3 years ago
3 0
Borrower must pay off loan
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A seller tells a real estate professional "don’t show my house to anybody not born in the United States." In this circumstance,
Lady_Fox [76]

Answer: b. must decline to take the listing with this requirement

Explanation: A real estate professional must not take any listing with discriminatory requirement based on race such as the requirement made by the seller in the scenario above. This in accordance with the Fair Housing Act which prohibits acts of discrimination in housing based on color, religion, race, sex or nationality. A listing stating that an apartment or property shouldn't be offered to individuals who aren't nationals of the United States has discriminated on the basis of nationality which is illegal.

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3 years ago
Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Co
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Answer:

d. Claims exchange transaction

Explanation:

Claims exchange transaction -

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In this case the claim of one reduces and others increases and hence the total claim remains constant .

Hence , from the given scenario of the question ,

The correct option is d. Claims exchange transaction .

6 0
4 years ago
Manufacturing overhead costs incurred for the month​ are: Utilities $ 39 comma 000 Depreciation on equipment $ 24 comma 000 Repa
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Expense accounts are debited

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4 0
4 years ago
Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a
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E. $60,500

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Therefore, the value of Cassandra's Boutique to Sally's is $60,500.

7 0
3 years ago
Frictional unemployment is the result of Group of answer choices
Mrac [35]

Answer:

4. the normal process of jobs being created and destroyed.

Explanation:

Frictional unemployment is unemployment that is related to switching of jobs also called transitional unemployment. It occurs when workers leave jobs and get jobs as a result of normal labor tunover in a healthy economy.

In a growing economy frictional unemployment is the lowest type of employment bad there are abundant opportunities for workers.

Quitting a job is a voluntary type of frictional unemployment, while when an employee bis fired it is involuntary type of frictional unemployment.

8 0
3 years ago
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