Answer:
The correct answer is A
Explanation:
Unsecured loan is the kind of loan which is not attached to any kind of collateral. The assurance which is required from the lender that the person will repay the debt, which is the person creditworthiness and on the words of the person.
The unsecured loans involve the student loans as well as personal loans. And credit cards is also the another kind of unsecured credit, referred to as revolving credit, where the person borrow and repay the money monthly.
So, Carla applying for the loan, the condition which make the loan likely is that she has a good credit history, in order to get the unsecured loan.
Please find the full question below:
A problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong is called a(n) _____.
a. fraud
b. conflict of interest
c. crisis
d. indictment
e. ethical issue
Answer:
The answer is - an ethical issue (option E)
Explanation:
Ethical (from the root word ethic) is a word that describes anything relating to right or wrong.
On the other hand, an issue is an important topic, situation, subject or opportunity that is discussed, evaluated or being deliberated on (considered).
Therefore, Ethical Issue describes the disscussion, evaluation or deliberation on an important topic, situation, subject or opportunity in order to determine wether it is right or wrong.
The answer to this question is <span>it allows for flexibility in letting unusual concepts be included in a category.
The prototype model under in this context refers to the understanding of a certain conecept based on the current existing requirements. If, there is new information arrive, we just need to integrate it and formulate a new understanding on that concept.</span>
The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
Answer:
The day the property was contributed.
Explanation:
A holding period refers to the time period an asset or investment is held by a business or an investor, or the period between when the asset is bought and when it is sold.
The character or type of an asset contributed to a partnership in exchange for a capital and profits interest determines the beginning of the partner’s holding period as follows:
1. If the capital asset or property contributed by the partner has been used in a trade or business just before it is contributed to the partnership, the holding period of the partner for the partnership interest will include the holding period of the capital asset or property contributed.
2. If the capital asset or property contributed by the partner is exchanged for money, capital or other property, the beginning of the holding period of the partner in the day of acquisition of the interest, i.e., the day the property was contributed.
Since the question states that the property is contributed to a partnership in exchange for a capital and profits interest, rule number 2 above therefore applies. That is, the partner’s holding period begin for the partnership interest the day the property was contributed.
