1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tigry1 [53]
3 years ago
13

Something of value that is used to back up a loan is known as what?

Business
2 answers:
lozanna [386]3 years ago
7 0
 B. collateral is the right answer

velikii [3]3 years ago
7 0

Answer: Collateral

Explanation:

Collateral is known to be something of value or a property which a borrower gives to a lender in return for money borrowed. Furthermore, this is usually a form of security for the lender in case the borrower does not pay the loan. Thus, if the borrower fails to pay back the loan, the lender takes the property.

You might be interested in
Risks of global trade include all of the following EXCEPT ________.
mihalych1998 [28]

Answer:

Option e: Increased opportunities for growth

Explanation:

Global trade is simply the exchange of goods between different countries.Trade is an exchange of items between people or countries.Countries are able to obtain goods they need from other countries.

four major risks in international business includes Country risk, commercial risk, cross-cultural risk, and currency risk.

Increased opportunities for growth is not an effect of risk in global trade.

6 0
3 years ago
Why do buissness complete an a free enterprise system ?​
Kitty [74]
Here u go this is really helpful I just had this question yw

3 0
3 years ago
If the government increases the excise tax on a gallon of gasoline we can expect the supply curve to shift rightward, quantity d
Bess [88]

If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.

<h3>What is Supply Curve?</h3>

The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.

The complete question is attached below.

According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.

It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.

Learn more about supply curve here:

brainly.com/question/15533680

#SPJ1

6 0
2 years ago
The staff training center at a large regional hospital provides training sessions in CPR to all employees. Assume that the capac
lys-0071 [83]

Answer:

Efficiency of the system = Actual output/ Effective capacity*100

Efficiency of the system = 850/950*100

Efficiency of the system = 0.894737*100

Efficiency of the system = 89.47%

Utilization of the system = Actual output/Design capacity*100

Utilization of the system = 850/1200*100

Utilization of the system = 0.708333*100

Utilization of the system = 70.83%

6 0
3 years ago
EA14.
cricket20 [7]

Answer:

$1.86; $3.5

Explanation:

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $27,200

= $37,200

Unit cost for materials:

= Total cost incurred ÷ equivalent units

= $37,200 ÷ 20,000

= $1.86

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $53,000

= $63,000

Unit cost for Conversion:

= Total cost incurred ÷ equivalent units

= $63,000 ÷ 18,000

= $3.5

3 0
3 years ago
Other questions:
  • The following information pertains to the Flying Fig​ Corporation:Total Units for information given7 comma 000Fixed Cost per Uni
    14·1 answer
  • What are the characteristics of a mixed economy?
    8·1 answer
  • Which concept do businesses Which professional source provides entrepreneurs with expertise and knowledge about buying an existi
    9·1 answer
  • A contract that is voidable
    9·1 answer
  • Yvonne works for a discount store that sells items only online. She is putting together a report and needs information pertainin
    15·1 answer
  • Flexible Fittings was a small manufacturing company that made shut-off valves for gas pipe used in home and building constructio
    13·2 answers
  • Which of the following happens when there are market failures? A) Firms compete more leading to more efficiency. B) The invisibl
    13·1 answer
  • A cosmetic company planned to launch a range of low-cost cosmetics. It decided to undertake research on what kind of cosmetics w
    15·2 answers
  • Suppose a farmer wants to borrow $176,590.00 to buy a tract of land. The BCS bank will make a 22-year loan fully amortized at 6.
    10·1 answer
  • A social media ad costs $2 per person reached and 60% purchase. A traditional media ad costs $0.10 per person
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!