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iren [92.7K]
3 years ago
13

What is an incentive for a person to contribute to an IDA? It earns the highest interest rates available at a bank. It is good f

or the government. An organization matches the amount deposited. The interest on the account is not taxed.
Business
2 answers:
hjlf3 years ago
7 0

Answer:

The answer is: An organization matches the amount deposited.

Explanation:

Individual Development Accounts (IDAs) are used by low income savers for predefined purposes such as buying a house or starting a small business. The greatest advantage of IDAs is that another organization (e.g. foundations, government, corporations) agrees to deposit money in the account that match the amount deposited by the saver.

vagabundo [1.1K]3 years ago
5 0
The correct answer for the question that is being presented above is this one: "An organization matches the amount deposited." An incentive for a person in order to contribute to an IDA is that an organization matches the amount deposited.
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enny has applied for a loan to purchase a home and learns that she is unable to qualify for any loan other than a high-cost mort
nataly862011 [7]

Answer: C. MortgageMax may pay the counseling fees, but is prohibited from steering Jenny towards a particular counselor or allowing her to complete counseling from one of its affiliates.

Explanation:

MortgageMax is violating the law in recommending a particular counselor and recommending one of its affiliates. Lenders are not allowed to direct a loan candidate to a certain counselor in order to avoid any unfortunate situations that arise from the counselor being partial to the lender.

Lenders are also prohibited from offering the counselling via an affiliate for the same reason above. They are however, allowed to pay for the counselling.

5 0
2 years ago
Any establishment formed to carry on commercial enterprises is a
Colt1911 [192]
<span>Business organizations I bet. Hope this helps. :)</span>
6 0
2 years ago
Outsourcing (Make-or-Buy) Decision
ivann1987 [24]

Answer:

If the company makes the units, it will save $7,000 per period.

Explanation:

Giving the following information:

Make in-house:

Number of units= 16,000

Variable cost per unit= $22

<u>Avoidable fixed cost per unit= $3</u>

Buy:

Number of units= 16,000

Buying price= $27

Rent= $25,000

<u>First, we will determine the total cost of each option:</u>

Make:

Total cost= 16,000*(22 + 3)= $400,000

Buy:

Total cost= 16,000*27 - 25,000= $407,000

If the company makes the units, it will save $7,000 per period.

7 0
3 years ago
If the sellers bid against each other for the right to sell the good to a consumer, then the producer surplus will be $0 or slig
erica [24]

Answer:

$50 or slightly less

Explanation:

If we assume that there is four persons namely E, S, A and K

The producer surplus is the surplus that shows the difference between the seller value and the seller cost

In the case when the seller bid against each other so here the producer surplus would be $100 or slightly less

Here only one person could able to send the good i.e. person E As the cost to the person would be lowered by the goods value

Therefore the option B is correct

4 0
2 years ago
Downward influence is best achieved through A. citing the firm's goals. B. forming alliances. C. an inspiring vision. D. forming
Aloiza [94]

Answer:

B. forming alliances

Explanation:

4 0
2 years ago
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