The correct option is B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses. A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
Answer:
price level changes
Explanation:
The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.
The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.
Aggregate demand curve shifts except when price level changes.
The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,
- When inflation is 1 percent, Diane will benefit more than Jack;
- When inflation is 0 percent; Diane will benefit more than Jack;
- When inflation is 4 percent; Jack will benefit more than Diane;
- When inflation is -2 percent; Diane will benefit more than Jack.
<h3>What is inflation?</h3>
A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.
The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.
Hence, the significance of inflation is as mentioned.
Learn more about inflation here:
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Answer: business to consumer
Explanation:
E-commerce simply means buying of goods and services online through the internet. Since it's a digitalized world now, this is common.
In the business to consumer form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.
Answer:
multiplying the number of physical units by the percentage of completion.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
An equivalent unit is calculated by multiplying the number of physical units by the percentage of completion.
