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
Liabilities of the commercial banking system include rev: 06_06_2018 Multiple Choice loans and deposits. reserves and loans. res
Zolol [24]

Answer:

deposits.

Explanation:

The liabilities of the commercial banking system involves capital that includes cash reserves, deposited, debts, checking, saving amount,

The deposits could be in terms of saving deposit, fixed deposits, etc

Therefore in the given case,  the deposits are the commercial banking liabilities and the rest options like loan & deposits, reserve and loans, etc are not the liabilities so these are wrong options.

7 0
2 years ago
In a large food or beverage establishment, on what form or schedule is any tip shortfall from a directly tipped employee recorde
Softa [21]
<span>A tip shortfall from a directly tipped employee should be recorded on form 8027. This form should be filed with the Internal Revenue Service (IRS) in order to account for allocated tips. This informs the IRS of tips that were unaccounted for to the server as being less than the expected (and set) percentage.</span>
3 0
3 years ago
When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.
VARVARA [1.3K]

Answer: Orientation

Explanation:

Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.

According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.

4 0
3 years ago
The company expects an annual need for 5,000 switches. If the company makes the product, it will have to utilize factory space c
WITCHER [35]

Based on the cost to produce each unit of the switches and the annual demand, the total costs will be $25,900 more than the cost of purchasing the switches.

<h3>What is the cost of producing the switches?</h3>

This can be found as:

= Variable cost + set up costs + supervisor's salary + opportunity cost of lost rent

= ( (6 + 5 + 4) x 5,000 units) + 45,500 + 41,000 + (3,700 x 12 months)

= $205,900

If they bought the switches at $36, they would cost:

= 36 x 5,000

= $180,000

Its cheaper to buy by:

= 205,900 - 180,000

= $25,900

Find out more on total costs computation at brainly.com/question/5168855.

#SPJ1

7 0
1 year ago
An experienced employee who supervises, coaches, and guides lower-level employees by introducing them to the right people and ge
torisob [31]

Answer:

Mentor

Explanation:

The mentor is the person who has knowledge, experience, skills and he or she is able to guide, motivate, gives the training, supervise the lower skill employees so that they can perfect in their work.

But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

3 0
3 years ago
Other questions:
  • A product sells for $200 per unit, and its variable costs are 65% of sales. the fixed costs are $420,000. what is the break-even
    13·1 answer
  • 1. Define stake holder<br>2. Explain internal and external stakeholder.​
    15·2 answers
  • You overhear a newly graduated RN telling one of your colleagues that leadership and management belong to the unit manager and n
    10·1 answer
  • Drew's company. Ace High sells customized sets of poker chips. he is developing a plan for next year on a quarterly basis. the e
    11·1 answer
  • _____ is defined as the collection of private, commercially oriented organizations, ranging in size from one-family proprietorsh
    5·1 answer
  • Suppose the price of a ticket to a Lenny Kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 pe
    11·2 answers
  • Fullerton Waste Management purchased land and a warehouse for $610,000. In addition to the purchase price, Fullerton made the fo
    9·1 answer
  • Which of the following is an example of a substitute for leadership within an organization?
    13·1 answer
  • Production and sales estimates for April for Ibis Co. are as follows: Estimated inventory (units), April 1 9,000 Desired invento
    11·1 answer
  • S
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!