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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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In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio
valkas [14]

Answer:

The answer is: decrease government spending or increase tax rates.

Explanation:

Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).

Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.

5 0
3 years ago
Carl Carpenter buys a drill press. The price, including tax, is $725.00. He finances the drill press over 24 months after making
netineya [11]
First calculate the amount financed
Amount financed=725−50=675

The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44

Total of payments=675+98.44=773.44

Monthly payment is
773.44÷24=32.23

Hope it helps!

7 0
3 years ago
Read 2 more answers
What six factors are found in every type of economy
ira [324]

Answer:

producers, distributors, consumers, labor, resources, and capital

Explanation: hope this heps<3

6 0
2 years ago
Read 2 more answers
Which sales channel is projected to top $450 billion within the next several years?
pshichka [43]
According to one source from the internet, the cross-border sales is projected to top $450 within the next 5 years.  Cross-border trade is the process of buying and selling of products, selling goods and services between business domestically or in the neighborhood countries.
6 0
3 years ago
define the various technologies that are emerging as noted in the article. Note how these emerging technologies are impacting or
brilliants [131]

Answer:

Biometric

Robotics

Big data

AI technology

Virtual business process

Explanation:

There are many technologies that are emerging everyday. We are in an era where there is new thought to digitalization every hour. The experts have paced their work to contribute towards digitalization and make the business process easier. The business process has been eased but there are many impacts that an organization has to face for digitalization. There is robotics and many employees has been made redundant due to robotics as the robots perform tasks better than human and they do not need any breaks.

Artificial intelligence is also one the impact that modern day businesses face. There are decision making process which is now converted to AI and reliance is made on their results. Instead of analyses by employees and company management complete reliance is placed on AI.

8 0
2 years ago
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