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Jobisdone [24]
3 years ago
5

Raul needed an expensive piece of equipment to expand his business. He borrowed the money from the bank and pledged the equipmen

t as ___________. If Raul does not repay the loan, the bank can take his equipment.
Business
1 answer:
MatroZZZ [7]3 years ago
5 0

Answer:

Collateral

Explanation:

The property or asset that a bank accepts as security for advancing credit is called collateral. The borrower offers collateral as an assurance to the lender that they will repay the loan.  If the borrower fails in repaying the loan, the bank or lender may seize the asset offered as collateral. The lender will sell it to recover part or all his losses.

In the case of Raul, the expensive equipment is the collateral. Should he not pay back the loan, the bank will sell the equipment to recover its money. Collateral does not have to be a physical asset, financial assets such as investment portfolio accounts, or savings accounts can be used as security.

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In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Mult
CaHeK987 [17]

Answer:

gained the ability to produce and distribute sport content and commentary.

Explanation:

In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.

4 0
3 years ago
In​ March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 100 million out o
Lubov Fominskaja [6]

Answer:

a). Unemployment rate in March=8%

b). Unemployment rate in April=9.4%

Explanation:

a).

The unemployment rate can be expressed as;

R=P/L

where;

R=unemployment rate

P=number of unemployed persons

L=labor force

In our case;

R=unknown

P=number of unemployed persons=labor force-number of employed persons

P=100-92=8 million

L=100 million

replacing;

R=8/100=0.08×100=8%

The unemployment rate in March=8%

b).Unemployment rate for April

Unemployment rate={(total unemployed+discouraged workers)/(labor force+discouraged workers)}×100

total unemployed=8 million

discouraged workers=1.5 million

labor force=100 million

replacing;

Unemployment rate=(8+1.5)/(100+1.5)=(9.5/101.5)×100=9.4%

Unemployment rate in April=9.4%

6 0
3 years ago
How much money is 75 pounds of gold worth?
Agata [3.3K]
<span>$1,347,472.70 is the correct answer</span>
7 0
3 years ago
Schwartz Industry is an industrial company with 100 million shares outstanding and a market capitalization (equity value) of $4
Fudgin [204]
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Economic growth and public policy Suppose Vaabo, a Finnish-owned auto manufacturer, builds a production facility in Kentucky. Th
Yakvenalex [24]

Answer:

The correct word for the blank space is: direct.

Explanation:

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