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
gizmo_the_mogwai [7]
3 years ago
6

what would happen if the family owed $10,000 on the property, but were only able to sell it for $6,000?

History
1 answer:
True [87]3 years ago
5 0

The about the given question is explained below.

Explanation:

If a family owed 10 thousand dollar on the property, which means, they borrowed the amount against their property, and then they were unable to return the loan of 10 thousand dollars against their property.

So the person or bank or institution who gave them loan, will be liable to sell their property and will take their loan back from them by selling it.

But the question is, if their property's worth is less than the amount owned, then what they will do. So the answer is, they will have to pay them extra money to return their full loan of 10 thousand dollars.

If the property is sold for 6 thousand dollars and the family owned 10 thousand dollars, they will have to pay back another 4 thousand dollars to the lender.

Learn more about Loans and payments at:

brainly.com/question/9054592

#LearnWithBrainly

You might be interested in
28. What is the name of the President of the United States now?
Dima020 [189]

Answer: Donald Trump

Explanation:

5 0
3 years ago
Read 2 more answers
Which statement accurately describes the U.S. Constitution? A. It proved unwieldy and was replaced by the Articles of Confederat
xenn [34]
C. All the other ones are way off. I was thinking maybe D but it wasnt a law so C for sure
6 0
3 years ago
Read 2 more answers
I’ll mark you as brainliest! Answer the following question!
Karolina [17]
Brandon Teena, a transgender teen was raped and murdered due to her sexual orientation. Also in 1993, Minnesota became the first state to pass a law prohibiting hatred towards transgender people.
7 0
3 years ago
Through the successful study of personal finance, an individual will be
Tomtit [17]

The first alternative is correct (A).

Personal finance courses aim to teach people how to balance their budget by controlling spending and increasing revenue. If a person takes a course and learns to take care of their financial health, he or she will probably be prepared to deal with any future financial problems.

6 0
3 years ago
Read 2 more answers
Identify the differences between Hamilton’s senate and the actual senate
Reika [66]

Hamilton participated in the formation of the US as a Federation, so we are talking about the first US Senate.

A very distinctive feature is transparency. At that first moment, the meetings were secret, there was no permission from spectators and for a long time did not even have the publication of minutes. Today, with Democracy consolidated, there is transparency. Everything that happens in the Senate is documented and transmitted to society through official media and the press.

In addition, the role of the vice president of the republic should be emphasized. In that Senate, the vice president had the power to command the Senate. Today, the vice president only fulfills his missions in executive power, while the president of the Senate is chosen by a vote among the senators.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Which country in Asia became a democratic, capitalist country after world War II
    15·1 answer
  • What event in World War II, marked the darkest chapter in the history of
    7·1 answer
  • What were the name of the continents of europe at middle age, like britannia or something like that
    5·2 answers
  • What is the main function of the executive branch?
    12·1 answer
  • What book does douglous buy when he is thirteen ​
    8·2 answers
  • Why did General Eisenhower keep the note, Document 1, with him at all times during the planning and execution of Operation Overl
    5·1 answer
  • Only Jewish people were murdered in the concentration camps <br><br> -True <br><br> -False
    11·2 answers
  • ASAP HELP PLEASE!!! Compare and contrast the economic systems of Socialism, Communism, and Capitalism.
    11·1 answer
  • What new pilitical party formed as result to the fight over slavery in the mid 1800s?
    6·1 answer
  • What are the four major areas of society that migration affects
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!