Answer:
Option 1 is correct.
Explanation:
Law of supply indicates that there is a positive relationship between the price of a commodity and the quantity supplied of that commodity. This means that an increase in the price of a commodity then as a result there is an increase in the quantity supplied of that commodity because it will become more profitable for the producers to produce more and supply more.
Answer:
True
true
Explanation:
for both of these questions the answers are true. the loan repayment is made up of the prncipal and the interest. This is due to the fact that as the amout of the loan outstanding gets to be repaid, the remaining principal balance would be decreased too and the interest that is associated will also be decreased too with time. The payment principal amount is going to be bigger while the interest would be smaller.
When a lending institution receives an amount from the individual on his/her monthly paycheck for covering his/her due debts is called Garnishment.
Option B is the correct answer.
<h3 /><h3>
What is a paycheck?</h3>
A paycheck is a check provided to the employee for the work done by him/her. It defines the amount of remuneration and other incentives earned by the employee on a monthly basis.
A legal technique that allows a third party to reduce a certain amount from the salary or wages of an individual against the payment of any dues, then this technique is called Garnishment. The third party can be the bank of the debtor and the receiver is the lending institution to whom an individual has to pay back the due amount.
Therefore, Garnishment is the process where the lender receives a certain amount from the salary of the debtor against his/her dues.
Learn more about the Garnishment on paycheck here:
brainly.com/question/14895353
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Answer:
$2,640,000
Explanation:
Given the above information,
Creditor's claim is computer as
= Assets - Common stock - retained earnings
Given that
Assets = $4,345,000
Common stock = $1,076,000
Retained earnings = $629,000
Creditor's claim on their asset = $4,345,000 - $1,076,000 - $629,000
= $2,640,000
