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worty [1.4K]
2 years ago
6

Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?

Business
2 answers:
erma4kov [3.2K]2 years ago
8 0

Answer:

The correct answer is D

Explanation:

lapo4ka [179]2 years ago
5 0
<span>Pete is irresponsible and will not pay the loan back on time. Pete has a lower credit score. From the lenders perspective Pete is irresponsible. The lender would see it as he can't pay off his credit, then he wouldn't be able to pay back the loan. </span>
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A ___________ is established when an individual confers legal title to property to another person or institution to manage the p
swat32

Answer:

personal trust

Explanation:

3 0
3 years ago
Directions: Something that is valuable is scarce and give utility. Something that isn't value either doesn't give utility, or it
suter [353]

Answer:

Scarcity and Utility

I will explain the concepts of scarcity, value, and utility using my laptop and some writing pens.  I have only one laptop available in my family.  I use it 24-hours daily.  I attach so much value (utility) to the laptop because it is only one.  It is very scare in my household.  On the other hand, I have a packet of writing pens.  Pens are relatively not scare in my household.  If my laptop is missing, I will raise uproar in the house.  Everybody present will answer a tedious query.  But, if one of the pens gets missing, I may not even be aware that it is missing.  At the moment, I do not attach much value (utility) to the writing pens because I have many of them presently .  Writing pens are not scare in my household, as I said earlier.

Using these examples, I have demonstrated the concepts of scarcity, utility, and value.

Explanation:

Therefore, scarcity is defined by the value and the relative availability of a good.  Scarcity is a basic economic problem that shows the gap existing between limited resources and unlimited needs.  Based on the lack experienced with satisfying a need, one has to always choose between alternatives in order to maximize resource allocation and utility.

Utility in Economics refers to the value or satisfaction derivable from the meeting of a human or economic need.  It is initially connected to the concept of scarcity.  But after attaining some level of utility, scarcity temporarily evaporates.  And this is the dividing thin line.  This is why they are mostly used together.  "Something that is valuable is scarce and give utility."  Something that is not highly valuable is not usual scarce and does not give much utility, at least, to an extent.

6 0
2 years ago
Roberta is a customer service representative at a car rental company. Read the passage. Which actions might lead to increased cu
pochemuha

Answer:

Training

Explanation:

Learning within a workgroup is the only way to improve performance. An outstanding representative as Roberta needs to transfer her skills to the rest of the team. One strategy to accomplish that is naming her as responsible for on-board training for the new teamates.

Another strategy is to use surveys after the calls to know what are the opinions of clients regarding services. It allows to identify improvement opportunities.

3 0
3 years ago
HELP ASAPPPP HELPPP PLEASE HELP ME NO LINKS
Alenkinab [10]
Umhow are we supposed to help u with this?
7 0
3 years ago
BPS reported the following data for its first year of operations: Sales Revenue $8,000 Cost of Goods Available for Sale 6,200 Op
Fittoniya [83]

Answer:

D. $952

Explanation:

The computation of the net income in the case when the LIFO is elected

Particulars AMount

Net sales    $7,232   ($8,000 - $640 - $128)

less : cost of goods sold ($6,200 - $820) $5,380

Gross Profit $1,852

Less: Operating Expenses   $900

Income before taxes $952

less: Income tax $0

Net income $952

Hence, the net income is $952

5 0
3 years ago
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