Answer:
The loan officer takes the following steps (not necessarily in this order) to assess the creditworthiness of the borrower:
- Run a credit report using any of the major credit reporting agencies like TransUnion, Experian or Equifax.
- Obtain accounts receivable aging reports.
- Check references.
- Conduct a gut check using creative investigative methods.
Explanation:
There are some factors that can affect creditworthiness or credit score such as: bill payment history, which comprises 35 percent of the total credit score and the most important factor in calculating credit scores, the level of debt, credit history age, types of credit on a report and number of credit inquiries, credit utilization, length of credit history. There are five “C's” to consider during a credit risk assessment: character, capacity, capital, condition, and collateral. Whether a sale is a domestic or international transaction.
The main factor lenders consider in determining a person's creditworthiness is investigation of a person's income, current debts, personal life, and past history of borrowing and repaying debts, capacity to pay, character, and any collateral you may have for loan guaranteed only by a promise to repay.
Answer: b. False
All analysis of variance procedures <em><u>assume</u></em> that the compared populations have equal variances.
In all analysis of variance procedures, tests like F-test, Bartlett’s test, Levene’s test and Brown-Forsythe test are used to verify or test the assumption if k samples are from populations with equal variances.
When two or more populations have equal variances, we say that homoscedasticity or homogeneity of variances exist.
The F-test and Bartlett’s test yield best results only if the population is normally distributed. However, Levene’s test and Brown-Forsythe are known to yield good results for data that is not normally
distributed.
Answer:
7.5430%
Explanation:
Treasury securities are the governmental bills, notes, and bonds.
Yield is the amount you earn by holding on to these treasury securities.
Given yield on 1-year Treasury security = 5.38% = 0.0538
and
yield on 2 year Treasury security = 6.456% = 0.06456
THe formula to use would be:
Where
is the yield of 2 year security (here, n = 2)
and
is the yield of 1 year security ( here, n = 1)
Now, substituting, we get:
<u>Converting this to percentage:</u>
0.075430 * 100 = 7.5430%
Answer:
Mobility of Labor and Capital: "One very important difference between home trade and international trade is that labor and capital are not so mobile between different countries as they are in their own countries."
Explanation:
hope this helps c:
Answer:
no damages from the driver.
Explanation:
In common law, he doctrine of contributory negligence establishes that if a person is injured by another party, but the injured person had some degree of responsibility or contribution to the incident that caused his/her injury, then the injured is not allowed to collect any money from the party that caused the injury.
In this case, since the pedestrian is responsible for 20% of the accident, then he/she cannot collect any money from the driver or the driver's insurance.
