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Lana71 [14]
3 years ago
8

Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amount

s, are insufficient to retire the entire loan amount, which then must be repaid in one lump sum?
A. Amortized loan.
B. Continuing loan.
C. Balloon loan.
D. Pure discount loan.
E. Interest-only loan.
Business
2 answers:
Harrizon [31]3 years ago
4 0

Answer:

C. Balloon loan

Explanation:

Balloon loans are loans that can not fully amortize over its term. They are loans that are paid of with a large single final payments. A lump sum amount. It involves the borrower paying back a lower monthly percentage in exchange for paying a large one time payments at the end of the loan term. Either fixed or flexible interest rate structure can be used on it. Ballon loans are usually reserved for conditions when a business has to wait until a specific period before receiving payment from a client for its product or services.

timurjin [86]3 years ago
4 0

Answer: (C) Ballon

Explanation:

This type of loan does not fully amortised at the end of its term. Since it is not fully amortized, hence a balloon payment is necessary at the end of the loan term to pay off the remaining initial principal balance of the loan. Balloon loans are usually attractive in short-term loans because they typically carry lower interest rates than loans with longer terms. However, the borrower must be aware of refinancing risks as there's a risk the loan might be reset at a higher interest rate which is not favorable to the borrower.

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Albee Township’s fiscal year ends on June 30. Albee uses encumbrance accounting. On April 5, year 1, an approved $1,000 purchase
Mice21 [21]

Answer:

Encumbrances $1000

Reserved for encumbraces $1000

Explanation:

Encumbrance is in the debit because is the money that we have destined for the purchase and  since we have to get the money from our funds Reserved for encumbrances is in the credit.

5 0
3 years ago
Adding a chart to the header of a form will result in a(n)
Sonbull [250]

Answer:

Chart without a legend.

Hope this helped.

8 0
3 years ago
The relationship between the natural environment and business organizations can best be described as:_________
Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.  

Similarly, the natural environment utilizes the products and services of business organizations for continued development.  Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

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<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

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6 0
1 year ago
From the list choose the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed o
qwelly [4]

Answer:

Matching with the Best Word, Phrase, Name, etc:

1.        J.  Affirmative action

2.       B.  Requires that men and women be given equal pay for equal work in the same establishment

3.        M.  A process of negotiation between firms and labor unions regarding wages, compensation, working conditions, and other factors affecting workers

4.       C.  May increase demand for unionized labor

5.       L.  Relations Act of 1935. A law granting workers the right to unionize

6.       G.  Companies in many states could legally refuse to hire a black worker regardless of the credentials or experience of that worker supplied of labor and lower quantity demanded of labor

7.       A.  Legislative proposal providing path to legal residency to qualifying immigrants who entered the United States as minors (before the age of 16)

8.       I.  Lead to a decline of labor unions in the United States

9.       K.  Lead to a decline of labor unions in the United States

10.      D.  A law requiring companies to pay equal wage to all their workers regardless of race, age or sex

Explanation:

The DREAM Act, Relations Act of 1935, Equal Pay Act of 1963, Civil Rights Act of 1964, and Affirmative action are some of the government-sponsored programs to ensure that some level of equity applies to individual cases.

 

8 0
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Ne4ueva [31]

Answer:

As per the examples of the creators code Many things related to the performance of the company. It is critical to have a solid plan, to have a profitable products and services and to have effective methods. Although it is up to the individuals inside the organisation to actively enforce policies, plans ,and procedures that make a company a success.

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3 years ago
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