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3 years ago

Gary did not pay his past three payments on his mortgage. What is the possible consequence he is facing?

Business

1 answer:

Lapatulllka [165]3 years ago

6 0

Answer: Foreclosure

Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.

Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.

It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.

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A firm that uses an international division structure sometimes experiences intra-organizational conflict because ________

AfilCa [17]

Answer:

Explanation:

A firm that uses an international division structure sometimes experiences intra-organizational conflict because more resources and management attention tend to get channeled toward the international division than toward the domestic divisions

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3 years ago

About how many tax returns are selected by the IRS of adults each year?

Trava [24]

A little over 1% of all returns are selected for audit each year.

4 0

4 years ago

TINSTAAFL stands for "There is no such thing as a free lunch".

arsen [322]

Answer:

True

Explanation:

TANSTAAFL is an abbreviation for the phrase -- "There ain't no such thing as a free lunch."

The expression means that every decision has its cost. The message it conveys is that even the things presented as free, have a cost. In other words, there is nothing that is absolutely for free in life.

The expression is essential in decision making, whether financial or lifestyle. The concept urges customers to consider the "silent" costs before making a decision.

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3 years ago

Read 2 more answers

If company Z is receiving a government subsidy, the government is taking money from ____________ and giving it to company Z. If

nikitadnepr [17]

If company Z is receiving a government subsidy, the government is taking money from taxpayers and giving it to company Z.

If company Z is getting a tax deduction (instead of receiving a subsidy) then company Z is paying less in taxes than it would without the tax deduction.

<h3>What is subsidy?</h3>

A subsidy is a government payment made directly or indirectly to individuals or businesses, usually in the form of cash or a targeted tax relief.

A subsidy, often known as a government incentive, is a type of financial assistance or support given to a certain economic sector.

Thus, the correct option is taxpayers, and is paying less in taxes than it would without the tax deduction.

Learn more about subsidy

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2 years ago

The northern rock building society (LSE:NRK) just paid an annual dividend of $0.8 per share. NRK's dividends are anticipated to

Gnesinka [82]

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3 years ago