The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.
The unsecured loan is the type of loan in which there is no need for any type of collateral property.
The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.
Examples are:
- Personal loans.
- Students loans.
- Credit cards.
The following information related to unsecured loans is
- It does not for cars, houses, or any other large purchases
- In this, the collateral does not involve.
- It contains high interest.
Therefore we can conclude that, option d is correct.
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The questions should I ask myself in order to avoid frustration and inaccurate messages are :
- How should the receiver respond?
- How should the receiver respond?
- What details regarding this subject should the receiver be aware of?
<h2>How can I develop a company message that is effective?</h2>
You must first gather the relevant data by completing either formal or informal research before you can start to write a good business message. Frequently, the data you gather while conducting research aids in the development of your message.
<h2>Which of the following best sums up a message with a long-term impact?</h2>
A message that is highly complicated and has a long-term impact should be delivered verbally." Identify whether the claim is accurate or not. Despite the possibility that audiences will accept imprecise, vague, or conflicting business communications.
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Answer:
The correct answer is option d.
Explanation:
The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.
An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.
<span>This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.</span>