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8090 [49]
3 years ago
5

Clement applies for a home loan at Global Bank Inc. As part of the process, he provides his personal details to the banker who i

s responsible for sanctioning loans. The banker uses Clement's personal information to sell him insurance policies. In this scenario, the banker's action is considered _____.
Business
1 answer:
julia-pushkina [17]3 years ago
6 0
Based on the scenario provided above, the banker's action is still considered to be legal despite of the fact that he provides personal details to the banker though it is also considered as highly unethical because using this information is his way of selling insurance policies in which isn't the best thing to do as a banker's job.
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Oceanview Enterprises offers scenic cruises to exotic destinations in the South Pacific, such as Tahiti and the Marshall Islands
Luden [163]

Answer:

The answer is: No

Explanation:

In order for this clause to be enforceable against Malik or his friend Jecala, they should have been notified about it before they purchased the ticket. Oceanfront is changing the contract terms unilaterally without notifying the other party and that is not legal. A contract (the ticket is a type of contract) is an agreement between two parties, not one party imposing his conditions over the other.

3 0
4 years ago
In its first year of operations, Roma Company reports the following. Earned revenues of $47,000 ($39,000 cash received from cust
Elina [12.6K]

Answer:

Net Income

Cash basis $10,800

Accrual basis $20,500

Explanation:

Computation of Roma company’s first-year net income under both the cash basis and the accrual basis of accounting will be:

Cash basis Accrual basis

Revenue $39,000 $47,000

Expenses $28,200 $26,500

Net Income $10,800 $20,500

Cash paid $20,950

Add Prepaid cash $7,250

=$28,200

Therefore first-year net income cash basis will e $10,800 and accrual basis will be $20,500

6 0
3 years ago
When lisa and loretta santiago ran away from home a second time, frank haines made temporary arrangements for them to receive ca
Lana71 [14]

D. The child protective service unit.

In this case study, the arrangements were made through CPS because the children had been absent from school for years and then ran away from home.

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A local charity spent $15,000 on a fundraising campaign. The charity raised $7 for each dollar it spent on the fundraising campa
marysya [2.9K]

$15,000 * $7= $105000

5 0
3 years ago
Select the correct answer from each drop-down menu.
Aleks [24]

Answer:

As Fabian opened his store and made a purchase in credit, this made the asset as current assets and they are mainly getting converted to current liabilities as because he is liable to pay for the products he purchased but was unable to sell those items.

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There are many ways of making money, but when there is a way of earning money which is not predictable, then it becomes very difficult to make decisions and analyze for anything,

3 0
3 years ago
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