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Greeley [361]
3 years ago
12

why might a bank offer to make a loan to a consumer at a low initial rate which will increase after a set period of time?a. too

fool the customer into making an unmanageable commitmentb. too make the loan look more attractive and competitive in the long runc. too make the loan look more attractive and competitive nowd. the bank accepts making less money in the later years of the loan
Business
1 answer:
Whitepunk [10]3 years ago
8 0

I believe the answer is: c. to make the loan look more attractive and competitive now

By offering it at low initial rate, the people who borrow money would experience low burden if they plan to return the money within short period of time. This would make them much more likely to obtain a loan, and it also would make the bank that create the loan program looks better compared to their competitors.

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The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice
forsale [732]

Answer:

The statement is: False.

Explanation:

In supply chain management, incremental analysis is in charge of determining the cost of ordering one more additional unit of a product over the cost of no requesting that additional unit. The cost of overstimulating demand is the loss of ordering one additional unit and discovering that it cannot be sold. The cost of underestimating demand is the opportunity loss for nor requesting one additional and discovering it could have been sold.

<em>The cost of underestimating demand is more difficult to determine than the cost of overestimating demand because underestimating demand because it involves customer's desires</em> on purchasing a product when not having the resources to do so.

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3 years ago
A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,
ella [17]

Answer:

Supply Chain Management

4 0
3 years ago
Read 2 more answers
Warner Corp. sells goods on account for $10,000 on April 2. On April 20, the customer returns $3,000 of the merchandise. The cus
Studentka2010 [4]

Explanation:

The journal entry are as follows

On April 20

Sales returns A/c Dr $3,000

       To Account receivable A/c $3,000

(Being the sales returned of goods is recorded)

While recording this given transaction, we debited the sales return account and credited the account receivable account so that the proper posting could be done

6 0
2 years ago
The environmental protection agency was formed in 1970 and began to monitor the environmental impact of united states companies,
Lorico [155]

The environmental protection agency was formed in 1970, Exchange in the immediate environment is this an example of Governmental bodies and the firm.

<h3>What was the goal of the 1970 Environmental Protection Act quizlet?</h3>
  • This act's objective is to "promote productive and joyful harmony between man and his environment." In 1970, the Environmental Protection Agency (EPA) was established. The cleanup of toxic waste left behind from decades of unrestricted dumping was its primary focus.
  • The Environmental Protection Agency's principal responsibility is to regulate environmental law. It was founded in 1970. They put in place programs to reduce pollution and protect the environment. Describe the federal rules and regulations in place to protect the environment from air pollution.

To learn more about Environmental Protection Agency  refer,

brainly.com/question/14956213

#SPJ4

7 0
1 year ago
By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.
Anna007 [38]

State law in Texas posits that local sales tax cannot be more than<u> 2%</u> of the value of sale.

<h3>What does Texas state law say?</h3>

Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.

They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.

In conclusion, this is 2%.

Find out more on local sales taxes at brainly.com/question/802898.

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2 years ago
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