1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnyKZ [126]
3 years ago
15

If a lender is not paid and they take the collateral that secured the loan, this is called _____. garnishment bankruptcy foreclo

sure repossession
Business
2 answers:
laiz [17]3 years ago
8 0

Answer:

<em><u>Foreclosure</u></em>

Explanation:

The legal process by which the lender takes control of a property, expels the owner and  and sells the home if the homeowner is unable to principle and interest his mortgage is called foreclosure.

It derives legal basis from deed of trust contract, bit gives the lender right to use the property as a collateral if the buyer is unable to repay the amount. The foreclosure process starts when the borrower misses mortgage payment.

Amanda [17]3 years ago
7 0
It would be repossession like if you miss any payments on a vehicle it can be repo'd.
You might be interested in
MV Corporation has debt with market value of $ 95 ​million, common equity with a book value of $ 102 ​million, and preferred sto
irakobra [83]

Answer:

Total market value $383.8 million

Debt is 24.75%

Preferred stock is 5.21%

Common equity is 70.03%

Explanation:

Calculation of the weights that MV Corporation should use in its WACC

Debt value : $95 million

Preferred stock value : $20 million

Market value of common equity:

$48 per share×5.6million shares= $268.8 million

Total market value of firm: $95 +20 +268.8 =$383.8 million

Weights for WACC calculation:

Debt =95/383.8

=24.75%

Preferred Stock =20/383.8

=5.21%

Common Equity =268.8/383.8

=70.03%

Therefore the total market value of the firm will be $383.8 million Debt is 24.85% of the total value, preferred stock is 5.21%, and common equity is 70.03%

4 0
4 years ago
Which of the following accurately describes the effect target costing has on the manufacturing design function? Select one: A. T
UkoKoshka [18]

Answer:

B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department

Explanation:

Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.

5 0
3 years ago
Vandelay Industries' VP of support wants an automated way to notify the support team when an unresolved case has been open for o
Zina [86]

Answer:

Escalation rules

Explanation:

Escalation rules are provisions in a software that allows it to reroute a case that meets certain criteria such as number of hours it stays open and unresolved.

Escalation rules are used on software Salesforce CRM package to escalate cases that need attention.

In the given instance where the Vandelay Industries' VP of support wants an automated way to notify the support team when an unresolved case has been open for over six hours, escalation rules can be used to alert support managers.

6 0
3 years ago
What kind of business organization are caleb and anna operating under now?
slava [35]

Answer:

Sole proprietorship

Explanation:

Sole proprietorship, general partnership or limited partnership

3 0
3 years ago
Identify the sentence that relies most strongly on emotional language. (1 point) if this project isn't successful, you will rece
steposvetlana [31]
<span>Identify the sentence that relies most strongly on emotional language. You will be held responsible if this project does not succeed. Emotional or emotive language are words and phrases that evoke an emotional response to something. Though none of these have great use of language. But this sentence specifically had the most negative connotation and denotation. </span>
7 0
3 years ago
Other questions:
  • The total factory overhead for Bardot Marine Company is budgeted for the year at $367,500. Bardot Marine manufactures two types
    10·1 answer
  • The official unemployment rate and the U-4 measure of labor underutilization are two different measures of joblessness in the ec
    5·1 answer
  • Consumption expenditures: a. Account for over two-thirds of total spending. b. Include purchases of new and used goods by consum
    5·1 answer
  • PBJ Corporation issued bonds on January 1, 2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face
    9·1 answer
  • Adison Winery had beginning long-term debt of $39,476 and ending long-term debt of $44,875. The beginning and ending total debt
    14·1 answer
  • Destin Corp is comparing three different capital structures. Plan A would result in 10,000 shares of stock and $90,000 in debt.
    14·1 answer
  • Suppose Stan holds a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is
    5·1 answer
  • Company Zeta bought new office furniture in the year 2000. The purchase cost was 92,420 dollars and in addition it had to spend
    5·1 answer
  • The next dividend payment by Hoffman, Inc., will be $2.80 per share. The dividends are anticipated to maintain a growth rate of
    7·2 answers
  • Is $1970.00 rental income debit or credit
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!