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
mestny [16]
3 years ago
13

A loan that is less risky for a lender and is associated with a valuable asset is called a(n) . Rayna needs to get a new set of

tires for her car, so she uses her credit card. If she does not pay her bills, there is no asset that can be collected. This means she has received a(n) . Jack agrees to take out a mortgage. If he fails to make his payments, the bank may repossess his house. He has received a(n) .
Business
2 answers:
kykrilka [37]3 years ago
8 0

A loan that is less risky for a lender and is associated with a valuable asset is called a <u>"secured loan".</u>

Rayna needs to get a new set of tires for her car, so she uses her credit card. If she does not pay her bills, there is no asset that can be collected. This means she has received an <u>"unsecured loan".</u>  

Jack agrees to take out a mortgage. If he fails to make his payments, the bank may repossess his house. He has received a <u>"secured loan".</u>


A secured loan is a loan which is normally given on a lien. It is ensured by an advantage/hardware. For instance, we can say that anchored advance is taken to a house or a vehicle and it is secured by the equivalent. As it is ensured by the advantage, the financing cost is lower than an unsecured loan and in the meantime, the bank of the advance feels safe.  

On the other hand, an unsecured loan refers to a loan which doesn't have any insurance. That is the reason the hazard natural in the loan gets upgraded. Furthermore, accordingly, the financing cost of the unbound credit is higher than the secured loan.

eimsori [14]3 years ago
4 0
1. secured
2.unsecured loan
3.secured loan
You might be interested in
Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?
sertanlavr [38]

Answer:

2

Explanation:

It’s just right, trust

3 0
3 years ago
Read 2 more answers
FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the orga
Tomtit [17]

Answer:

The correct answer is "corporate strategy"

Explanation:

FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the organization should take over the next five years. The focus of this team is to increase their clientele in Europe. The company is keen on taking advantage of the opportunities and avoiding threats in the changing environment. This team is involved in developing the corporate strategy  for the organization.

Corporate Strategy takes a group of people to take strategic decisions making by looking across all of a firm’s businesses to determine how to create the most value to achieve company objectives while achieving a competitive advantage.

4 0
3 years ago
Identifying the needs a business will address is a good example of the _______ of the organization.
Flura [38]
The answer for this question is C.
8 0
3 years ago
Read 2 more answers
The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
kap26 [50]

Full Question:

Directions: The following excerpts come from reports of child labor practices submitted to Parliament.

The first is from a report by Superintendent of Factory Inspections Robert A. Baker in 1836, three years after the 1833 Factory Act went into effect.

The second is a personal narrative from a report compiled by the Children's Employment Commission nearly 30 years later in 1864. Read the excerpts and answer the questions that follow:

<em>My Lord, in the case of Taylor Ibbotson, and Co., I took the evidence from the mouths of the boys themselves. They stated to me that they commenced working on Friday morning, the 27th of May last, at six, A.M, and that, with the exception of meal hours and one hour at mIdnIght extra, they did not cease working till four o'clock on Saturday evening, having been two days and a night thus engaged. Believing the case scarcely possible, I asked every boy the same question, and from each received the same answer. I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  My Lord, by a clause In the factory act, it Is enacted that, “no more than one penalty can be obtalned from any one person for any one description of offence in any one day” Had I laid the information, therefore, on all the boys for the same offence, the penalty could have only been 20/. [About $100 in 2010] a sum which appeared to me inadequate to the gross nature of the offence committed, I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, could I have obtained them, laying the first for working two boys more than twelve hours on the Frlday; the second for working a boy before five o'clock on the Saturday morning; the other for working two boys in the night time, between FrIday and Saturday; and the fourth for keeping a false time-book, as to the hours of working. These views, however my lord, were not responded to, I very much regret to say, by the magistrates before whom the case was heard. The parties were only fine 50/. [about $50 fo In 2010] on each Information, and wIth an aggregate of penalties of 102 [about $100 In 20101 escaped.  —Robert A. Baker, Superintendent of Factory Inspections, 1836 </em>

Question: The situation described in the first excerpt, what is the inspector's opinion of employer Taylor, Ibbotson, and co.? what phrases in the report support this

Answer:

The inspectors opinion of Taylor Ibboston and Co, is that they have engaged in criminal activities which are in violation fo the 1833 Factory Act. He is also is of the opinion that they ought to be punished to the full extend of the Law.

Explanation:

In the excerpt, he clearly states:

<em>I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  </em>

<em />

Another phrase which supports his position states:

<em> I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, ... </em>

<em />

Cheers!

7 0
3 years ago
When recording depreciation, which of the following statements is true?
professor190 [17]

Answer:

D. None of the above are true.

Explanation:

As while recording depreciation, the total assets is decreased and the stockholder equity is also decreased as depreciation is a contra asset account

In the side of stockholder equity, the net income, the retained earning and the stockholder equity is decreased

whereas, the total asset is decreased as the amount of asset is reduced by deducting the accumulated depreciation amount

The journal entry is shown below for better understanding

Depreciation Expense A/c XXXXX

To Accumulated Depreciation XXXXX

(Being depreciation expense is recorded)

5 0
3 years ago
Other questions:
  • inancial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 Net income
    13·1 answer
  • What three words would you use to describe yourself as it relates to both your business style and work ethic?
    10·1 answer
  • Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
    13·1 answer
  • The fastener division of Southern Fasteners manufactures zippers and then sells them to customers for $8 per unit. Its variable
    14·1 answer
  • Match the specifications to the type of creditors.
    10·1 answer
  • During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash us
    10·1 answer
  • Babak owns a sports practice facility called Boston Batting Cages in Boston, Massachusetts. During the first year of operation,
    12·1 answer
  • For the same example as (1), what is the markup if the price is $89 and the cost is $72? Please round your answer to the nearest
    14·1 answer
  • You recently started a new job working with databases. you receive training on maintaining the database from your boss, gregor.
    13·1 answer
  • An example of an increase in human capital is _______.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!