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Tomtit [17]
3 years ago
10

Covenants represent: A. The property that a company pledges to guarantee repayment B. Terms and conditions set forth in a lendin

g agreement to reduce the probability of nonpayment C. The maximum that a creditor will allow a customer to owe at any point in time D. Promises the company makes to the creditor
Business
1 answer:
Len [333]3 years ago
3 0

Answer:

D. Promises the company makes to the creditor

Explanation:

  • A covenants is a promise at the time of indenture or any other sort of the formal debt agreement that the certain activity will or will not be carried out  and a certain threshold will be met.
  • Thus is a form of conditioning in commerce which stops the buyers for  taking any certain decision and they can financial, the information, ownership, and affirmative and the negative or positive covenant.
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Compare a stock insurer to a mutual insurer with respect to each of the following: a. Parties who legally own the company b. Rig
NemiM [27]

Answer:

Explanation:

a. Parties who legally own the company

The kind of corporation that is owned by the shareholders is a stock insurer. While when policy holders elect board of directors then that is call a mutual insurer. This board of director enjoys control over the management control of the corporation.

b. Right to assess policyholders additional premiums

An asses sable policy can not be issued by the stock insurers, however policy of such kind can be issued by the mutual insurer. For mutual insurer, this policy depends on what kind of insurer is in place.

c. Right of policyholders to elect the board of directors

For stock insurer, its is the stockholders who elect the board of directors. While for mutual insurer, its the owners who elect the board of directors who have an effective control over the management.

5 0
3 years ago
The term? "market" in economics refers to
timurjin [86]
I'm pretty sure it's option D
7 0
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Team members can collaborate on ideas using telepresence. <br> a. True <br> b. False
Kisachek [45]
That statment is true
Telepresence is a tool that allow each team members to communicate with one another even though they're located far apart.
Actually,  if this tool is used correctly, it enhance team's capability to pay attention to a certain individual when he/he is talking about their ideas for the group
8 0
3 years ago
If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0
3 years ago
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The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights o
hjlf

Answer:

The statement is: False.

Explanation:

A life estate comprehends the property that someone owns during a lifetime. The benefit of a life estate is that property will transfer without the need of the beneficiary appearing in the will after the holder is deceased. They cannot put the property on sale until the holder's decease, though. As well, holders cannot do anything at will without consulting their simple-fee owners.

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