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GuDViN [60]
3 years ago
5

If you co sign for a friends credit card, what is the danger to you if your friend fails to play?

Business
1 answer:
Pepsi [2]3 years ago
8 0

If you co-sign for a friends credit card and they fail to pay it will damage your credit history and lower your credit score.

When you co-sign for someone it will negatively affect your credit it they do not pay as they should. This is going to lower your credit score. With a lower credit score, it will be more difficult for you to get credit for things like buying a car or a house. When you do get a loan, the interest rate will be higher than what is charged for someone with good credit.

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A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of
Levart [38]

Answer: (2) Conformity

Explanation:

The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.

The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.

It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.  

Therefore, Option (2) is correct.

7 0
3 years ago
Which term refers to the bond between product and consumer that is difficult for competitors to break
Ede4ka [16]

Answer: brand loyalty

Explanation:

7 0
2 years ago
Waupaca Company establishes a $410 petty cash fund on September 9. On September 30, the fund shows $120 in cash along with recei
Aleonysh [2.5K]

Answer:

1. Sep 09

Dr Petty cash $410

Cr Cash $410

2. Sep 30

Dr Merchandise inventory $59

Dr Postage expense $74

Dr Miscellaneous expenses $144

Dr Cash short and over $13

Cr Cash $290

3. Oct 01

Dr Petty cash $30

Cr Cash $30

Explanation:

1-Preparation of the journal entry to establish the Petty Cash fund

Sep 09

Dr Petty cash $410

Cr Cash $410

2- Preparation of the journal entry to Record the reimbursement of the petty cash fund.

Sep 30

Dr Merchandise inventory $59

Dr Postage expense $74

Dr Miscellaneous expenses $144

Dr Cash short and over $13

Cr Cash $290

($59+$74+144+$13)

3- Preparation of the journal entry to Record the increase of the petty cash fund

Oct 01

Dr Petty cash $30

Cr Cash $30

($410-$440)

5 0
3 years ago
How is the balance sheet used to record amortization and why might it be useful as coupon payments are made?
MrMuchimi

Answer:

An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.

Explanation:

4 0
3 years ago
A business established a website. now their customers can order products online without visiting the store, they are engaged in
Lelechka [254]

A business established a website, now their customers can order products online without visiting the store, they are engaged in e-commerce, as seen below.

<h3>What is e-commerce?</h3>

E-commerce is a term used to refer to any transaction involving selling and buying that is carried out online. That is why a business selling products through the use of a website, as well as customers ordering such products on that site, is called e-commerce.

The term e-commerce is basically a shortened version of electronic commerce, just like the term e-mail is a shortened version of electronic mail.

Learn more about e-commerce here:

brainly.com/question/27419175

#SPJ1

5 0
2 years ago
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