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
UNO [17]
3 years ago
14

The difference between a secured loan and an unsecured loan is blank

Business
1 answer:
ella [17]3 years ago
4 0
A secured loan has claim on assets in case the lender defaults. For example, a home buyer takes out a loan (secured against the home) with a bank to buy home. If the home buyer can't make repayments (or even goes bankrupt), the bank can sell the home to recover their lost money.

An unsecured loan does not have claim on any assets. All else being equal, an unsecured loan has higher interest rate.
You might be interested in
When conducting a SWOT analysis, in what phase of the strategic marketing process is an organization presently engaged?
Marysya12 [62]

Answer:

Planning Phase

Explanation:

Strategic marketing process deals with planning to develop and to implement operations so as to attain a competitive edge  in the market over competitors.

The aspect of strategic management process that deals with conducting SWOT analysis is the planning phase it is the first phase and a very important phase in  strategic marketing. It is the phase that assess the strength of the organisation, its weakness, its opportunity as well as the threat that it might face when trying to achieve its goals.   This process requires an organisation to conduct a SWOT analysis, set marketing goals, determine how to manage the four p's among other things.  

8 0
3 years ago
7. Prepaid expenses require what type of adjusting entry?
elena55 [62]

Answer:

accumulated is the answer I think

7 0
3 years ago
Presented below are two independent situations. a. George Gershwin Co. sold $2,000,000 of 10%, 10-year bonds at 104 on January 1
andreev551 [17]

Answer:

(a) Bond cost 2000000

Bond discount 10%

Bond years 10

Bond yield 4%

Interest (Jan-June) 100000

Less: Premium Amortisation (4000) (2000000*0.04)/10 *6/12

Interest expense 96000

(b) Bond cost 562500

Bond discount 9%

Bond years 10

Bond yield 10%

Interest (June 30-Oct 30) - ((1.10)^4/12) - 1=3.228%

Interest expense= 562500*3.228% =18157.5

6 0
4 years ago
Read 2 more answers
I’m tired of being broke! Help
Dennis_Churaev [7]

Answer:

ok its A

Explanation:

7 0
3 years ago
Read 2 more answers
The scarcity problem:- Persists only because countries have failed to achieve continuous full employment.- persists because econ
ladessa [460]

Answer:

Persists because economic wants exceed available productive resources.

Explanation:

According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

The problem of scarcity is that our wants are always beyond what we can produce with our resources.

Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.  

Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.

The opportunity cost of taking action is what we could have got if we had taken an alternative action.

3 0
4 years ago
Other questions:
  • Griffin corp. is evaluating its piquette division, an investment center. the division has a $60,000 controllable margin and $400
    10·1 answer
  • Which of the following is an advantage of nonfinancial measures of​ quality? A. They help managers aggregate costs to evaluate t
    13·1 answer
  • What would be the marginal and average tax rates for a corporation with an income level of $100,000?
    10·1 answer
  • Which of the following situations would not result in auditors adding an additional paragraph to their report without modifying
    14·1 answer
  • O’Bryan Company began the year with a balance of $18,000 in Salaries and Wages Payable and ended the year with $11,000 in the ac
    14·1 answer
  • On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and Decembe
    7·1 answer
  • The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of
    13·2 answers
  • Explain in more than 3 sentences why does the USA imports so much from China.
    6·1 answer
  • According to a supply and demand model for apples, if the average household income decreases at the same time ten apple orchards
    15·1 answer
  • Japan and other market-based economies enjoy economic growth, but also face greater risks due to:.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!