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Elanso [62]
3 years ago
6

Someone who is applying for a loan from a bank can expect the bank to A investigate the person's parents to see if they were fin

ancially responsible B. check the person's credit history to make sure he or she pays debts on time C request proof that the person has graduated from a good college O D. demand that the person close all of his or her accounts at competing banks​
Business
1 answer:
Korolek [52]3 years ago
8 0

Answer:

B. Check the person's credit history to make sure he or she pays debts on time.

Explanation:

Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.

One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.

Thus, the correct answer is option B.

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Which of the following statements is CORRECT? a. The bid price in a hostile takeover is generally above the price before the tak
just olya [345]

Answer:

a.

Explanation:

Based on all the answers that were provided the statement that is correct is that the bid price in a hostile takeover is generally above the price before the takeover attempt is announced, because otherwise there would be no incentive for the stockholders to sell to the hostile bidder and the takeover attempt would probably fail. Which pretty much explains itself, except for that a hostile takeover is when a person or another business tries to purchase a business by going directly to the shareholders themselves.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
At the beginning of the year, Monroe Company estimates annual overhead costs to be $2,400,000 and that 300,000 machine hours wil
Andrei [34K]

Answer:

The amount of overhead applied during the year is $2,400,000

Explanation:

In determining overheads amounts to be included in product costing, a company uses Budgeted overheads.

Budgeted overheads are used rather than actual overheads because of the delays that are made to obtain Actual data for Actual overhead amounts which will delay product costing.

Therefore Using machine hours as a base, the amount of overhead applied during the year is $2,400,000

8 0
3 years ago
A firm creates value by?
djverab [1.8K]

Answer:

Paying more cash to its creditors and stockholders than the amount it received from them (1)

Explanation:

Stockholders are the primary owners of the company who have invested their money in the company's shares i.e equity holders and expect a reasonable returns higher than their investment.

Creditors are money lenders like banks i.e debt holders who have given loan or bank overdraft to the company and expecting the company to pay back at an agreed date with interest.

A firm creates value by being able to invest money sourced from various investors into a viable project that guaranteed greater returns than the weighted average cost of capital.

6 0
3 years ago
What is a sound recorder used for
VLD [36.1K]
It is used to record sounds that you can hear.
3 0
3 years ago
When a bond sells at a premium, interest expense will be:
inessss [21]
Less than the bond interest payment
8 0
2 years ago
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