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maxonik [38]
3 years ago
10

Mike and David signed a loan agreement together to borrow money for a boat. If David leaves town and cannot be found, what happe

ns to the loan?
Business
2 answers:
laila [671]3 years ago
7 0

Answer:

A - Mike must pay the full monthly payment

Explanation:

iren [92.7K]3 years ago
4 0
<span>I this case, the loan is still valid and at that point Mike would be responsible for finding a way to pay the loan back as agreed upon in the contract. This is called co-signing, when two parties both sign for a loan together. Both parties are responsible for the loan and even though David cannot be found, the loan must still be paid and Mike would be held responsible for this.</span>
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________ is another term for a defensive strategy.
Westkost [7]

Another term that can be used for Defensive strategy is retrenchment strategy.

  • Defensive strategy can be regarded as marketing tool which is been used by companies in  retaining valuable customers that can be easily loose to their competitors.
  • Competitors can be regarded as  other firms that are present in the same market selling almost similar products
  • This strategy is been utilized by  companies in market leadership positions in defending market share from attacks by challengers;
  • Some if the defence strategies are;

<em>counter-offensive defence</em>

<em>contraction defence</em>

<em> position defence</em>

<em>mobile defence</em>

<em>flanking defence</em>

<em> pre-emptive defence</em>

Therefore, defensive strategy can be explained as marketing tool that is been utilized by management in defending  their business from potential competitors.

Learn more at: brainly.com/question/9063582?referrer=searchResults

6 0
3 years ago
Answer pleaseee I want fastly
lapo4ka [179]

Explanation:

Hey there!!!

Your required answer is option D.

Because, when you engage or serve others for money or salary or wage it is termed as wage employment.

<em><u>Hope it helps</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em>

5 0
3 years ago
In _____ innovation, innovations in products or services end up completely replacing existing products or service technologies.
MakcuM [25]

Answer:

disruptive

Explanation:

The term that is being described is known as a disruptive innovation. In the context of business theory, this term refers to an innovation that creates an entirely new market and value network which ultimately disrupts the old market and value network, while at the same time taking over market-leading firms, products, and alliances. One example of this are Smartphones which disrupted laptops as the primary way consumers use the internet in today's world.

4 0
3 years ago
Taxes represent __________ of the business. Multiple Choice an equity liability a cash inflow a cash outflow an accounts receiva
Eduardwww [97]

The taxes that are being paid by a business firm represents: C. a cash outflow.

Taxation can be defined as the involuntary and compulsory fees that are usually levied on individuals or business firms (entities) by the government, so as to generate revenues which are used in funding public institutions and activities.

Basically, these taxes that are being paid by individuals or business firms (entities) is considered as a cash outflow because it represents money that are flowing out of their accounts.

In conclusion, an amount of money that is flowing out of an account such as taxes is referred to as a cash outflow.

Read more: brainly.com/question/16477816

5 0
3 years ago
Jan pay $70 each month for her auto insurance policy. This regular payment is call a
Svetach [21]
Monthly payment because she pays it every 30 days
7 0
3 years ago
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