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3 years ago

Which type of credit is most likely to be unsecured?

Business

2 answers:

Elan Coil [88]3 years ago

8 0

the answer is d. personal loans

joja [24]3 years ago

6 0

The correct answer is B and D.

B. Credit cards.

D. Personal loans.

Unsecured loans are not backed by collateral. Based on the financial history is how the lender decides if someone qualifies for a loan.

If someone defaults on unsecured loan then the lender can not take your property automatically.

Example of unsecured loans include, student loan, personal loan, and credit cards.

The unsecured loan is not good because the APR is higher than the secured one reason being there is no assets which underlines for the creditor to stop if someone does not pay.

You might be interested in

Normative and positive statements.

deff fn [24]

Answer:

a. positive

b. normative

c. positive

d. normative

Explanation:

Note that a normative statement as used in economics refers to a view of what should be done, or how things or policies should be or not be. While the Positive statement gives a point blank description of what the state of things are.

a. It is a fact of course that in the past decades U.S. companies have outsourced millions of job overseas, thus this is a positive (descriptive) statement.

b. By saying companies that outsource jobs are acting immorally indicates a normative or judgemental view of what is morally right.

c. This statement is a fact, because such actions is in line with economic theory; in effect would stop outsourcing jobs.

d. This is rather a view of what should be done. Which clearly indicates the statement as normative.

6 0

4 years ago

Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at

fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

= Sales - reworked cost

= $55,700 - $1,750

= $53,950

And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

Which of the following characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive m

Oliga [24]

Answer:

A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions

Explanation:

A perfectly competitive market is a market with many firms selling identical product. There are free entry and free exist and the decision of a firm does not affect the price in the market as all firms are price takers. Therefore, each firm is independent under perfectly competitive market and production decisions of a firm in a perfectly competitive market does not affect the price in the market nor will it cause any reaction from other firms.

However, Oligopolistic market is a market where there are few firms which are 3 or more firms but not more than 20 firms selling identical or differentiated product.. Firms in oligopolistic market are interdependent which implies that the decision of one firm can affect price and this can cause reaction from other firms and then lead to a price war. A price war occurs when each firm continually reduces its own price in order to increase its market share which causes other firms to react reducing their own prices and this will make none of the firms to gain in the end. In order to avoid the price war, each firm in an oligopolistic market has to consider its own impact on price when making production decisions.

6 0

3 years ago

For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define

Anastaziya [24]

Answer: project manager

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

6 0

3 years ago

EX 7.13. Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno

lord [1]

Answer:

public class Icon implements Visible

{

// instance variable

//Constructor variable

Public Icon()

{

//implementation

}

//two methods will be implemented make visible and makeInvisible with the signage and return type

//displayed below

\ public boolean makeVisible()

{

//the implementation is registered here

public boolean makeInvisible()

{ //implemetation will be here

}

//other methods are of this type

Explanation:

Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno parameters and should return a Boolean result. Describe how aclass might implement this interface.public interface Visible{public: boolean makeVisibleO;public boolean makelnvisibleO;

The above can be executed as a javascript

public class Icon implements Visible

{

// instance variable

//Constructor variable

Public Icon()

{

//implementation

}

//two methods will be implemented make visible and makeInvisible with the signage and return type

//displayed below

\ public boolean makeVisible()

{

//the implementation is registered here

public boolean makeInvisible()

{ //implemetation will be here

}

//other methods are of this type

5 0

3 years ago