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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.
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New corporate bond issues in excess of $50,000,000 are:________.
tamaranim1 [39]

Answer: C. II and III

Explanation:

Under the Security Act of 1933, new corporate bond issues of such high amounts are not exempt from the Act and so need to be registered with the Securities and Exchange Commission (SEC).

Also, as the amount exceeds $50,000,000, the issue is subject to the Trust Indenture Act of 1939 which states that the issuer should include certain protective provisions that are recommended by the SEC in order to protect bondholders. The adherence to these covenants will then be monitored by an independent trustee that is to be appointed by the Issuer.

8 0
3 years ago
Don purchases a car from Downtown Motors. Downtown Motors had purchased the car from Cindy
vova2212 [387]

Answer: Norman has a good title to the car

Explanation:

Norman is the original owner of the car, the car was stolen from him, every other person only has a stolen car.

3 0
3 years ago
A microeconomist might study which of the following? how inflation changes over time for several countries how money supply aggr
Anastaziya [24]

Answer:

why wages for females are lower than for males in a particular labor market

Explanation:

Economics is the study of how people decide and how these decisions affect the world around them. Microeconomics focuses on particular markets, individuals and organizations, whereas macroeconomics focuses on the entire economy.  

Response is “ why wages for females are lower than for males in a particular labor market” because there the micro-economist would focus on a particular market: the labor market, and tries to understand the wage gap between female and male workers.

The remaining options focus on large scale factors on a “macro” level and thus do not pertain to the study of “micro”economics .

8 0
3 years ago
Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this
AlexFokin [52]

Answer:

differential analysis:

                         No further process      Process further         Differential

                                                                                                 amount

Sales revenue            $410,000                $1,213,400             $803,400

Production costs     ($340,000)               ($580,000)           ($240,000)

Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

6 0
3 years ago
Alan tells Sherry that he will pay her $5,000 if she runs the Boston Marathon. Once Sherry starts running the marathon, Alan, le
iragen [17]

Answer:

can revoke the contract as informal verbal agreements are not binding

Explanation:

Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other

So as per the given situation, the above statement should be considered

8 0
2 years ago
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