Answer:
uncertainty avoidance
Explanation:
People in the Middle East tend to follow strict rules and follow established procedures. this makes them less willing to take risks, and entrepreneurship is about following a dream, and dreams are risky. Middle eastern business people like to avoid risk, therefore, being an entrepreneur and defying established procedures is not common.
Answer:
Explanation:
Before showing how short term debt should be presented before doing this we have to classify the items in each head
Like - In current liabilities, notes payable is recorded at $11,500
And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.
The total amount would remain the same i.e $1,159,000
Kindly find the attachment below:
This loan is best classify as a <u>conventional mortgage loan</u>.
<h3>What is a conventional mortgage loan?</h3>
This refers to a conforming loan which simply means that it meets the requirements for Fannie Mae or Freddie Mac.
This type of mortgages have a fixed rate of interest and means that the interest rate does not change throughout the life of the loan. Also, they are not guaranteed by the federal government and as a result have stricter lending requirements by banks and creditors.
In conclusion, the entities Fannie Mae and Freddie Mac are government-sponsored enterprises that purchase mortgages from lenders and sell them to investors.
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Answer:
The correct answer is option C and D.
Explanation:
There are two approaches to calculate GDP.
- Income approach
- Expenditures approach
The income approach calculates GDP by looking at the factor incomes earned by the factors of production.
The expenditure approach looks at consumption expenditure, investment expenditure, government expenditure, and net exports to calculate GDP.
