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Svetach [21]
3 years ago
8

The lender usually has the right to collect the principal, but is NOT allowed to collect the interest if the loan is:

Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

This question is incomplete, the options are missing. The options are the following:

a) For consumer purposes

b) For commercial purposes

c) Usurious

d) An online contract

And the correct answer is the option C: Usurious.

Explanation:

To begin with, in the area of law, the term known as <em>"Usury" </em>is refer to the practice that focuses on making the lender richer in unethical ways so therefore that this practice is considered to be the one that makes inmoral monetary loans that try to affect the borrower in order to benefit the lender. One example of the use of this term could be the case in where the lender charges or try to charges a higher interest rate to the borrower than the one that is prohibited by law as a maximun rate.

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Sunland Company sells its product for $90 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no begi
Sonja [21]

Answer:

Ending inventory value= $380,000

Explanation:

Giving the following information:

Costs per unit are: direct materials $25, direct labor $12, and variable overhead $1.

Ending inventory in units= 10,000

<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>

Unit product cost= 25 + 12 + 1= $38

Ending inventory value= 38*10,000= $380,000

3 0
3 years ago
Quiz - Motivational Theory
lozanna [386]

Answer:

Self-Actualization and Esteem

Explanation:

According to Herzberg's theory, motivators result in personal satisfaction. Motivators come from the intrinsic conditions of the job an employee performs, e.g. recognition (employee of the month), personal growth (a promotion).

Herzberg's motivators relate to the higher levels of Maslow's pyramid, which basically deal with developing the full potential of individuals.

On the other hand, Herzberg's hygiene are related to the lower levels of Maslow's pyramid.

7 0
3 years ago
A contractual arrangement between a parent company and an individual or firm that allows the latter to operate a certain type of
Serhud [2]

Answer:

Franchising

Explanation:

Franchising is defined as the contract that exists between a parent company (franchisor) and other firms (franchisee) in which an operating licence is given to the franchisee.

The franchisor gives access to use of their brand and also provides support and training to the franchisee.

Franchisee in turn gives an agreed amount of profit to the franchisor for using their brand.

An established name and specific rules of operation is agreed upon in the contract.

4 0
3 years ago
The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: C
WINSTONCH [101]

Answer:

Fox Resources

Units of common stock in issue = $5,000,000 divided $20 = 250,000 units

A. Earnings per share = Net income (after deducting preferred stock interest) divided by number of outstanding shares in issue

We assume the Net income provided already has deducted interest on preferred stock

= 600,000/250,000

= $2.4

B. Price Earning Ratio

= share price divided by the Earnings per share

= 20/2.4

= 8.33

C. Dividend Per share

= Dividend paid divided by number of common stock issued & outstanding

= $125,000/250,000

= $0.50

6 0
2 years ago
Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear
suter [353]

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

3 0
3 years ago
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