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Alex_Xolod [135]
3 years ago
6

Roundwell motors purchases a manufacturing plant for​ $15 million, pays​ $5 million in cash as down​ payment, and borrows the re

maining​ $10 million from home providence bank. to secure the​ loan, roundwell gives the plant as collateral to home providence bank. if roundwell defaults on their​ payment, what is the recourse available to home providence to recover the​ loan?
Business
1 answer:
gregori [183]3 years ago
7 0
A mortgage is the resource available to home providence to recover the loan. 

A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay. 
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A job analysis method is ________ if it accurately assesses each job's duties.
sveta [45]
A job analysis method is valid if it accurately assesses each job's duties. 

A job analysis helps companies list appropriate taste and expectations for a job listing. It's important to make sure the people applying for the job and ultimately getting hired are well aware of their tasks and responsibilities in that position. 
8 0
4 years ago
The following refers classification of space except
crimeas [40]
Bbbbbbbbbbbbbbbbbbbbb
8 0
3 years ago
A listing given to any number of brokers without liability to compensate any broker, except the one who first secures a buyer re
german

Answer:OPEN LISTING

Explanation:

Open listing is a term used in the Marketing of securities like bonds,stocks and other marketable securities and real estates, in this type of listing it is made open to all the brokers available who are ready to help facilitate the sale.

Compensation can only be paid to the Broker who first brings the buyer of the listing. A broker is compensated based on the amount made buy the owner of the listing.

6 0
3 years ago
If you take out a loan, which two things do your loan payments go toward?
Alborosie
Shelter and food? unless you have that loan for something else
5 0
3 years ago
Read 2 more answers
If Tex's Manufacturing Company purchases the component externally, $20,000 of the fixed costs can be avoided. At what external p
Delvig [45]

Answer:

$210,000

Explanation:

The computation of the external price is shown below

Making cost =  buying  cost

$120,000 + $25,000 + $45,000 + $30,000) = external price + Unavoidable fixed cost (30,000-20,000)

$220,000 = External price + $10,000

So,

External price = 210,000

Hence, the same is to be considered

Therefore the external price is $210,000

5 0
4 years ago
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