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
dusya [7]
3 years ago
14

A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil

l have the necessary funding to complete the project. The firm may ask a bank for which of the following to allow it to obtain the permits?
Business
1 answer:
Ede4ka [16]3 years ago
4 0

The options are:

I. Commercial letter of credit II. Loan commitment III. Credit line IV. Repurchase agreement

Answer:

II. Loan commitment

III. Credit line

Explanation:

When a construction company wants to commence a project it will need to obtain a permit to start the process.

In obtaining the permit there are certain criteria that the development authorities look at before giving out permits.

They consider if the construction company has the capacity to complete the project and deliver quality work in the process.

To give this assurance the company will need to obtain a Loan Commitment and Credit Line from its bank.

These will show the development authority that the company will have sufficient funds to perform the task.

You might be interested in
1. Describe Village Volvo's service package.
Novay_Z [31]

Answer:

See the explanation for the answer.

Explanation:

1. Village Volvo’s service package involves following 5 service package:-

a) Implicit Service:-Mechanics of Volvo provides very friendly environment with positive attitude. They acts as helping hand to customers by providing them advice/consultancy.

b)  Explicit Service:-Volvo provide high quality of repair services with a reasonable price thereby ensuring that all Volvo vehicles are running smoothly with no problems.

c)   Facilitating goods:-They provide good waiting area for their customers with services such as TV, coffee, soft drink machine newspaper.

d)  Supporting facility: - They occupy new building and keep it neat and clean. This building include all facilities as per requirement.

e)  Information:-Mechanic understand vehicle’s problem first, analyze solution and notify customer with estimated cost and time required.

2. Distinctive characteristics of a service firm illustrated by Village Volvo are:-

a)  Trust

b)  Customer comfort and satisfaction

c)  Respect

3. Village Volvo can manages its back office like a factory by adoption framework of quality management i.e

a)  Giving more importance to safety of its employees.

b)  Stressing more on security of its employees

c)  Create friendly environment for employees to work in and provide employee satisfaction.

d)  Provide a sustainable growth.

4. Village Volvo can differentiate itself from Volvo dealers from following ways:-

a)  Sustainable customer touch points.

b)  Professional mechanics/agents

c)  Through service excellence, village Volvo can create a differentiation.

3 0
3 years ago
Which of the following statements is incorrect?
DedPeter [7]

Answer:

E. All information systems support businesses.

Explanation:

All information systems do not support businesses because it's there's many types of information systems such as Executive Support Systems , Management Information Systems (MIS), Decision Support Systems , Knowledge Management Systems , Transaction Processing Systems and Office Automation Systems and it depends on the purpose of that information system in particular, whether it supports businesses or not

4 0
3 years ago
Link between economic wants and preferences
mamaluj [8]
Economic wants are the products and goods that people need and want; if they had unlimited purchasing power, they would want to obtain all of them.

In contrast economic preferences are compared to something, so while you might prefer one thing to another, you might not necessarily need it, or you might even need and want both of them!
7 0
3 years ago
How does risk influence the rate of interest?
Andru [333]

Answer:

Interest rate risk directly affects the values of fixed income securities. Since interest rates and bond prices are inversely related, the risk associated with a rise in interest rates causes bond prices to fall and vice versa. Interest rate risk affects the prices of bonds, and all bondholders face this type of risk.

Explanation:

Hope this helped Mark BRAINLEST!!

3 0
3 years ago
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers?
ASHA 777 [7]

What could reduce potential conflicts of interest is the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions

Let understand that Shareholders are basically the “owners” of the company and they are entitled to dividend payments and stock price appreciation because they bought shares.

Let understand that Managers are the people or officers who manage the company (& shares) on a daily basis.

  • Now, there can be conflicts of interest between stockholders and managers because of disagreement on what should be and not.

  • The major actions that can help to reduce this conflict are covenants in bond agreements. By reason of this, the manager of limited on what to do with the funds of the shareholders and can be penalized if found defaulted by law.

Learn more about covenants in bond agreements

<em>brainly.com/question/15735678</em>

8 0
3 years ago
Other questions:
  • Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its
    14·1 answer
  • ________ are obstacles in which the design of organization structure, information processing, and reporting relationships, imped
    9·1 answer
  • A rumor is circulating that ridicules a new employee, accusing him of having typos in his latest slide presentation. You overhea
    13·1 answer
  • Actions, attire, grammar usage, and proofreading all affect the ________ of an employee.
    12·1 answer
  • Identify and explain three reasons that an artist would elect to present content through abstract or non-representational form,
    6·1 answer
  • A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period
    8·2 answers
  • A black market is A. a market in which buying and selling take place at prices that violate government price regulations. B. ver
    10·1 answer
  • The United States does not allow oranges from Brazil (the world's largest producer of oranges) to enter the United States. If Br
    15·1 answer
  • If a company is concerned about lending money to a risky customer, which one of the following would it not want to do? Require t
    10·1 answer
  • Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!