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xenn [34]
3 years ago
13

MTH Bank has given the McKelvey's a written pledge to lend $250,000 on a new construction home, for 30 years, at 6.53%. The McKe

lvey's will now present this pledge to the subdivision's sales agent to continue with their new home's construction. Which loan definition applies?
A. Conditional Approval
B. Underwriting
C. Exculpatory Clause
D. Non-Recourse Clause
Business
1 answer:
ra1l [238]3 years ago
8 0

Answer:Conditional approval

Explanation:This is a loan that has been approved but there are still conditions which are still pending that need to be met such as some outstanding documents or other conditions such as in this case they still need to take this pledge to the subdivision sales agent.

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An increase in the selling price per unit will decrease an organization's operating leverage, assuming sales unit volume doesn't
xenn [34]

Answer:

a) true

Explanation:

This is true because, increasing the price of the product sold by an organisation directly lead to the reduction of the operating cost of the said organization, all other things being equal. <em>For example, a glass manufacturing company increasing the selling price per unit glass from $40 to $90 will definitely lead to operating cost reduction.</em>

7 0
3 years ago
A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions
Katen [24]

Answer:

Letter of Credit is the correct answer.

Explanation:

7 0
3 years ago
Should people volunteer? Why or why not? Justify your response. (Site 2)
Softa [21]

People should volunteer to help out the community and overall make you a better person. Helping out can drastically change someones overall appearance making them seem like a nicer and more chill human being to be around. Volunteering also works on Social Skills that many people lack every human should work on there social skills and interacting with people by volunteering.

5 0
4 years ago
Hoogle has the beta of 1.95 which you calculated by running a regression. The annual T-bill rate is currently at 2.5%. Your proj
Rudik [331]

Answer:

The required rate of return on this equity is 16.15 percent

Explanation:

Using the capital asset pricing model (CAPM) the required rate of return on an asset can be calculated. The equation for the required rate of return under this model is,

r = rRF + β * (rpM)

Where,

  • rRF is the riskfree or tbill rate
  • β is the stock's beta
  • rpM is the market risk premium

Thus for Hoogle, the required rate of return is:

r = 2.5% + 1.95 * 7%  = 16.15

5 0
3 years ago
e. suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their persona
Elis [28]

Answer:

The amount of taxes owed by Vanessa won't alter. She will be able to purchase health insurance for $5000. She won't favour HeadBook anymore while purchasing insurance.

Explanation:

Vanessa's taxable income won't change as a result of the fact that people can now deduct the expense of health insurance. As a result, she will still owe the same amount of income tax (so that her taxes paid will increase by zero dollars.) The cost of her health insurance will be $5000. As she can now afford just as much if HeadBook gives her the $5000 raise as if HeadBook spent the $5000 directly buying her health insurance, she will no longer prefer for HeadBook to purchase insurance for her.

Learn more about Vanessa visit: brainly.com/question/27703998

#SPJ4

3 0
1 year ago
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