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valina [46]
3 years ago
8

The difference between a secured loan and unsecured loan is that the secured loan is

Business
2 answers:
SSSSS [86.1K]3 years ago
8 0

Answer:

Explanation:

A secured loan is a type of loan on which the borrower uses  some assets for collateral . That means it is secured on the assets in the case of any default in terms by the borrower.

An unsecured loan on the other hand is a type of loan that is not secured on any assets . The risks related to this type of loan is higher as there is no security to cover or minimize the loss in the situation of a default in terms.

Looking at the definition given above , the difference between a secured and unsecured loan is that assets are promised by the borrower as security over a secured loan , hence the cost can be lower while in the unsecured loan , no asset is promised as security and the cost can be higher

zalisa [80]3 years ago
8 0

Answer:

has a lower interest rate

Explanation:

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Each unit requires 2 pounds of direct materials, which cost $6 per pound. The company’s policy is to maintain direct materials i
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Answer: Budgeted Raw Material to be consumed in July.

Quantity         Price per pound             Total

10,200                 $6                             $61,200

Explanation:

As for the information provided, the material at month end in hand shall be:

20% of upcoming month's sale.

If in June at month end, the inventory in hand = 2,040 pounds of raw material.

Then, this represents 20% of total requirement of July.

Therefore, total requirement in July = \frac{2,040}{0.20} = 10,200\ pounds

This basically means:

Total inventory required =

Quantity         Price per pound             Total

10,200                 $6                             $61,200

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3 years ago
Suppose that a recent purchase of a residential home has been facilitated equally by a listing agent and a buyer broker. Based o
alexgriva [62]

Answer:

The correct answer is

D) both the listing broker and the buyer broker

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8 0
3 years ago
"When the price of a product rises, consumers purchase less of that product." This statement describes:
IRINA_888 [86]

Answer:

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7 0
3 years ago
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Which form certifies a container's serviceability and identifies the month and year the next reinspection is due?
Colt1911 [192]

Answer:

DD Form 2282 decal.

Explanation:

A container can be defined as a metallic object, which is usually rectangular in shape and used for freight or the transportation of goods from one location to another.

A DD Form 2282 decal is a form which certifies a container's serviceability and identifies the month and year the next reinspection is due. It is a type of form which gives a visual representation of the certification of a container, indicating its eligibility to transport cargoes (products or goods) such as automobiles, electronic gadgets, clothes, and other items.

Also, it gives an information about the particular month and year the next reinspection of a container would be.

Generally, before the expiration date of the DD Form 2282 decal, a container must be reinspected and this is usually 30 months after the previous inspection.

4 0
3 years ago
the main purpose of writing a business plan is to a. meet a state requirement for new businesses. b. inform employees of your bu
tamaranim1 [39]
The correct answer is c. prepare a "blueprint" for the development of your business

The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
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3 years ago
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