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s2008m [1.1K]
3 years ago
7

Which term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?Se

lect one of the options below as your answer: A. collateral . B. interest . C. lien
Business
2 answers:
Kaylis [27]3 years ago
6 0

ANSWER: C. lien

EXPLANATION: Lien provides the right to a lender to sell off the collateral to get back the principal if the borrower fails to repay. Lien is a conditional right of ownership to the lendor which bars the debtor to sell off the collateral without paying the lendor.

Ugo [173]3 years ago
3 0
The correct answer to this question is this one: "C. Lien." The <span>term that describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan is called the lien. Hope this helps answer your question.</span>
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Coronado Industries purchased equipment in 2019 at a cost of $912000. Two years later it became apparent to Coronado Industries
Rasek [7]

Answer and Explanation:

The journal entry to record the impairment is as follows:

Loss on impairment of equipment $223,000 ($583,000 - $360,000)  

            To Accumulated depreciation- Equipment $223,000

(Being the impairment is recorded)

Here the loss would be debited as it increased the losses and accumulated depreciation is credited as it decreased the assets

6 0
3 years ago
In the above problem, the proposed new branch will _______ overall risk exposure and produce a(an) ______ effect. Fill in the ap
vfiekz [6]

Answer:

reduces; geographic diversification

Explanation:

In the above problem, the proposed new branch will economics reduces overall risk exposure and produce a geographic diversification effect.

7 0
3 years ago
If you wanted to work in the pharmaceutical industry, the only branch of chemistry that would be applicable is organic chemistry
ryzh [129]
The statement is FALSE.

Not only organic chemistry but also physical, inorganic, analytical, biochemistry and other branches of chemistry is applicable to the pharmaceutical industry.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
7 0
4 years ago
Your consulting firm has been hired by Eco Brothers Inc. to help them estimate the cost of common equity. The yield on the firm'
jeyben [28]

Answer:

a. 12.60%

Explanation:

The Eco Brothers Inc. cost of common can be determined through the following mentioned formula:

cost of common=Cost of debt+risk premium over cost of debt

In the given question

Cost of debt=8.75%

Risk premium over cost of debt=3.85%

Cost of common=8.75%+3.85%

                         =12.6%

So based on the above calculations, the answer is a. 12.60%

5 0
3 years ago
​The steps in the process of stereotype formation and maintenance in order are:
Brilliant_brown [7]
Expectations, categorization, inferences, maintenance.

Categorization, inferences, expectations, maintenance.

Inferences, categorization, expectations, maintenance.

Categorization, expectations, inferences, maintenance

4 0
3 years ago
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