1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leona [35]
3 years ago
13

What type of clause is inserted in a financing document when the lender agrees to waive the right to a deficiency judgement? A r

elease clause A subordination clause An exculpatory clause A specific clause
Business
2 answers:
lyudmila [28]3 years ago
6 0

Answer:

An exculpatory clause

Explanation:

Exculpatory clause requires that the lender waive the right to a deficiency judgement against the borrower. The word exculpate actually means to exonerate from guilt. It relieves the borrower of personal liability to repay the loan.

An exculpatory clause is a contract provision that relieves one party of liability if damages are caused during the execution of the contract. The party that issues the exculpatory clause is typically the one seeking to be relieved of the potential liability. For example, You go to a restaurant and decide to use the valet parking service. The ticket the valet driver gives you contains an exculpatory clause, which states that the valet company is not responsible for any loss of contents or damage that may happen to your vehicle

TiliK225 [7]3 years ago
3 0

Answer: It is called An EXCULPATORY CLAUSE

Explanation: A deficiency judgment is a court ruling against a debtor in default on a secured loan, indicating that the sale of a property to pay back the loan did not cover the outstanding debt in full.

In waiving the right to a deficiency judgement, AN EXCULPATORY CLAUSE is inserted in the financial contract which states that the borrower no longer has a financial liability. It relieves the borrower the personal liability to repay the loan.

You might be interested in
Taylor loves the lifestyle associated with being a salesperson, allowing her to take a day off during the week and make it up on
Readme [11.4K]

Answer: Flexibility

Explanation:

  According to the question, Taylor likes the flexible values so that she creates her own comfortable schedule.

The flexibility in the schedule provide the job satisfaction and balanced the life as she loves the lifestyle of being sales person.

It also helps in reduce the stress if you are satisfied with the work-life balance and also increase the productivity of an organization. Therefore, Flexibility is the correct answer.

3 0
3 years ago
everything else held constant, the interest rate on municipal bonds rises relative to the interest rate on treasury securities w
posledela

Interest rates would increase since the tax-exempt status of municipal bonds would lose some of its appeal and there would be less of a market for them as a result of the lower income tax rates.

When the income tax rate is reduced for municipal bonds, the value of the bonds will also decline because the tax-exempt status for the bonds will also be reduced as a result of the lower income tax rate. Additionally, it lessens the demand for municipal bonds.

To know more about the municipal bond visit here :

brainly.com/question/23962246

#SPJ4

6 0
1 year ago
Which of the following statements is true regarding today's marketing communications?
Blababa [14]

Answer:

Letter E is correct. <em>Today's consumers are better informed about products and services.</em>

Explanation:

We live in the information age, this means that today's marketing communication is much more direct and accurate. Information is easily disseminated through all easily accessible channels: internet, television, newspapers and magazines, so access to knowledge increases the participation of individuals, who now have much more power to modify their relationship with companies, brands and Marketplace.

The new consumer is much more aware of what they buy, so their demands for quality products and services are growing, they also have the power to actively influence companies, making them act transparently and adopt processes that contribute to the process. development of society in general.

Therefore, business marketing mix should be geared to new consumption patterns and requirements, knowing your actual target audience and anticipating their needs.

3 0
3 years ago
SMITH FAMILY'S 2018 TAX SCENARIOJoseph L. Smith (age 45, Social Security number 145-26-9210) and Rita M. Smith (age 43, Social S
Neporo4naja [7]

Answer:

ssdfgfssssdffgggtwaaad cffddsaaserrtygttrreesss1 ffdde3455 re wwwertfsassfc cddwwadrtggcccxzds

7 0
4 years ago
Christian spends a significant amount of his time at work performing tasks such as distributing work among his subordinates and
Margaret [11]

Answer:

Distributing work among his subordinates and arranging their shifts and tasks to be performed is related most closely to controlling and analyzing performance against goals managerial function.

Explanation:

A manager is who is in charge of departments in companies, guiding the people, making decisions planning for better.

The are four functions of management in industries include distributing work among subordinates and arranging their shifts and tasks to be performed, controlling a workflow, analyzing performance against goals and leading to internal goals achievement.

6 0
3 years ago
Other questions:
  • At December 31, the records of Nortech Corporation provided the following selected and incomplete data:Common stock (par $1; no
    12·1 answer
  • Effect of junk status on unemployment
    15·1 answer
  • Which is not a trade-off for students who spend a semester abroad? seeing friends from home daily eating all of their favorite f
    5·2 answers
  • What is Constant Term? ​
    13·2 answers
  • The listing agreement in which a broker is entitled to a commission no matter who sells the property is known as
    13·1 answer
  • Fees in 1st year Suppose Adrian and Clemens each Invest $10,000. Adrian Invests in an actively managed mutual fund that has an a
    15·1 answer
  • The Rose Co. has earnings of $1.40 per share. The benchmark PE for the company is 15. What stock price would you consider approp
    7·1 answer
  • Using the weighted-average method, the equivalent units for materials are: 33,000. 41,000. 36,000. 44,000. 32,000.
    5·1 answer
  • atman Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total A
    10·1 answer
  • 19. 14 oz of gold equals how much in dollars.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!