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Sonbull [250]
2 years ago
6

When you take out a mortgage your home becomes the collateral. True or Fals

Business
1 answer:
gogolik [260]2 years ago
7 0

Answer:

The statement is true.

Explanation:

Mortgage is the long term loan which is issued by the financial institution like banks. These are those loans which are obtained or acquired for a large amount of finance required.

For example, an entrepreneur need a 50 million for the business expansion. Therefore, in this case, usually a house is worth the amount so it is offered as collateral security.

And if entrepreneur fails to make the payment to the lender that is bank, in that case, the bank has an option of claiming the ownership of the property. This result in seizing the mortgage collateral.

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Quarry Mining Inc. and Riverside Vineyards agree to resolve a dispute in arbitration. The arbitrator meets with Quarry’s represe
Molodets [167]

Answer:

The correct answer is letter "D": set aside any award.

Explanation:

Arbitrators are individuals without the range of judges that are called in disputes to resolve a matter before taking it to court. Similar to trials, each party involved in the dispute present their defense in front of the arbitrator who promotes the mutual agreement between the two parties but, if that does not happen, the arbitrator provides a resolution that tends to be definite.

<em>Arbitrators must be impartial. Thus, if the arbitrator meets with one of the parties and, eventually, the decision of that case favors that party, the court can take away any reward provided until an investigation is conducted.</em>

4 0
3 years ago
What does a bdc invest in? a publicly-held small-cap companies b publicly-held mid-cap companies c privately-held small-cap and
Anna007 [38]

Business development companies are known as BDCs. It is a 1940 Act-registered investment company that trades and is listed just like any other stock.

<h3>What is BDC?</h3>

A closed-end fund called a "business development company" (BDC) invests in growing and struggling businesses. Retail investors can invest in many BDCs, which are listed on public markets. High dividend rates and some possibility for capital growth are offered to investors by BDCs.

A BDC often invests in private enterprises using equity securities or debt (loans). It looks for ways to produce current income and/or capital gains that are tax-efficient. BDCs are regulated in a similar way to mutual funds, but they often use leverage to produce excess returns.

A BDC is a closed-end fund that must allocate at least 70% of its assets to long-term debt and/or equity investments in privately held or thinly traded public companies in order to generate current income and/or capital gains.

Business development companies are known as BDCs. It is a 1940 Act-registered investment company that trades and is listed just like any other stock. It makes "private equity" investments in privately held start-up companies as well as mid-sized businesses rather than making investments in securities.

Hence, The correct option is  C.

What does a BDC invest in?

A. Publicly-held small-cap companies

B. Publicly-held mid-cap companies

C. Privately-held small-cap and mid-cap companies

D. Privately-held large-cap companies

To learn more about Business development companies refer to:

brainly.com/question/1621812

#SPJ4

8 0
1 year ago
Given the law of​ demand, you would expect the rise in the price of gasoline to​ ______ the quantity of gasoline demanded and​ _
just olya [345]

Answer:

C. decrease; not change

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

The rise in price of gasoline only affects the quantity demanded. Other factors affect the demand for gasoline.

I hope my answer helps you

6 0
3 years ago
2. A book by Henry Goldman and Elizabeth Howard called Ancient Civilizations. It was published in Philadelphia by Gold House in
777dan777 [17]

Answer:

The question is incomplete because it didn't tell us what action to carry out. However, kindly find the complete question below:

Question:

Using the information from the narrative, create the appropriate MLA citation as if it were going on a  Works Cited page.

Answer / Explanation:

First we need to understand what MLA means: This is simply the abbreviation for modern language association. It refers to a unique style of writing recommended by Modern Language Association (MLA) for preparing research, project paper and manuscripts. This method of writing details issues like quotations, punctuation's especially the documentation of references.

Now referring back to the question asked, the answer goes thus:

Godman, Henry, and Elizabeth Howard. Ancient Civilizations. Philadelphia: Gold.

House, 1989. Print.

6 0
3 years ago
Why is entrepreneurship important to the community and economy? ​
SashulF [63]

Answer:

Explanation:

New and improved products, services or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.Entrepreneurs boost economic growth by introducing innovative technologies, products, and services.

6 0
2 years ago
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