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Leni [432]
3 years ago
7

Why do some lenders require borrowers to secure credit

Business
1 answer:
joja [24]3 years ago
4 0

<u>Complete Question:</u>

Why do some lenders require borrowers to secure credit?

A. To prevent defaults

B. To guarantee full repayment

C. To avoid any losses

D. To reduce risk

Answer:

Option D. To reduce risk

Explanation:

The reason is that the lender faces the credit risk which is the risk of the loss of the repayment in whole or in parts and the risk of default of the interest payments by the borrower.

So if we see the options, the option A, B and C are basically the credit risk that the lender is facing so the only option that is more general (not specific as the option A, B and C) and includes these three options is option D.

So the option D is correct.

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Agency costs faced by MNCs may be larger than those faced by purely domestic firms because: a.monitoring of managers located in
mars1129 [50]

Agency costs faced by MNCs may be larger than those faced by purely domestic firms because:

  • monitoring of managers located in foreign countries is more difficult AND foreign subsidiary managers raised in different cultures may not follow uniform goals.
  • monitoring of managers located in foreign countries is more difficult.
  • .MNCs are relatively large.
  • foreign subsidiary managers raised in different cultures may not follow uniform goals.

<h3>What are multinational corporations?</h3>

Multinational corporations can be regarded as one that have the license to operates in more than one country at a time.

Agency costs faced by MNCs may be larger than those faced by purely domestic firms due to how foreign subsidiary managers raised in different cultures may not follow  uniform goals.

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8 0
2 years ago
An investor buys an 8% municipal bond in the secondary market on a 10% basis. The investor does not accrete the bond discount an
adell [148]

Answer: C

Explanation:

This is because although the coupon rate is devoid of federal income tax any market discount is taxed as interest income earned. So so if there is a way that they can be taxed without jeopardizing their basic Federal income tax-free status, why not? The discount can be accreted annually and tax paid, or the tax can be paid at maturity or sale date.

5 0
2 years ago
Read 2 more answers
Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $842000 Common stock 17700
posledela

Answer:

555,000

Explanation:

Sunlad assets on December 31 2017 can be calculated as follows

= equipment + cash + supplies + account receivables

= 229,000 + 203,000 + 33,000+ 90,000

= 555,000

Hence Sunland total assets in December 31 2017 is 555,000

7 0
3 years ago
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In the Overview tab of the Client List, what filter can be applied to only show clients assigned to a specific team member?
Allisa [31]

The filter that can be applied to only show clients assigned to a specific team member is the Client list lead filter. This is further explained below.

<h3>What is a Client List?</h3>

Generally, a client list can be defined as a list of selected, prequalified, and potential clients' names, addresses, and contact information.

In conclusion, the Client list lead filter can limit your client list to only those assigned to you or a member of your team.

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7 0
2 years ago
The last step of the human resource planning system is to: publish a human resource inventory listing the names, ages, job title
Anastaziya [24]

The last step of the human resource planning system is to: establish a strategic plan for recruiting, selecting, training, appraising, compensating, and scheduling the labour force

Explanation:

Human Resource Planning (HRP) is the method of forecasting the company's future human resource demands and deciding how the company's existing human resources expertise can be used to meet these requirements.

The strategy employed by the company to keep a steady supply of qualified personnel while avoiding vacancies or surpluses in its workforce is human resources preparation. A successful HRP approach will mean a company's competitiveness and profitability.

The HRP process consists of four key steps:

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7 0
3 years ago
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