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Stells [14]
3 years ago
6

Question I - Debbie Debtor borrowed $1,000.00 from First Big Bank. Debbie Debtor agreed to repay the $1,000.00 over eight months

plus interest. Debbie Debtor loses her job and stops making payments to First Big Bank after two months. What is the source of law that governs the subsequent remedies that may be available to First Big Bank
Business
1 answer:
Cloud [144]3 years ago
3 0

Answer:

First Big Bank can file a lawsuit.

Explanation:

Debbie took the loan when he has the job and agreed to refund the loan or borrowed money. Unfortunate circumstances lead to the loss of his job resulting in the stoppage of loan repayment. Since Debbie did not make any crime so it will not come under criminal law but the bank can file a lawsuit against Debbie and he will be liable to pay a fine and penalties.

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Customer value creation is made possible by __________, the practice of building ties to customers based on a salesperson's atte
Vinil7 [7]
Relationship selling, or the concept of Relations Marketing.
4 0
3 years ago
Leisure Enterprise’s total cost of producing speedboats is given by TC = 10 Q 3 – 4 Q 2 + 25 Q + 500. On the basis of this infor
Anastasy [175]

Answer:

The marginal cost of producing the 25th speedboat is 18,575.

Explanation:

Note that the given Leisure Enterprise’s total cost (TC) of producing speedboats is correctly stated as follows:

TC = 10Q^3 - 4Q^2 + 25^Q + 500 …….………….. (1)

Where Q represents the quantity of speedboats produced.

To obtain the marginal cost (MC) of producing speedboats, equation (1) is differentiated with respect to Q as follows:

MC = dTC/dQ = 30Q^2 - 8Q + 25 ………………… (2)

Finding the marginal cost (MC) of producing the 25th speedboat implies that Q = 25.

Substituting Q = 25 into equation (2), we have:

MC = (30 * 25^2) - (8 * 25) + 25 = 18,575

Therefore, the marginal cost of producing the 25th speedboat is 18,575.

4 0
3 years ago
Suppose that the market demand curve for scooters is given by P = 300 - 5Q, where P is the price and Q is total industry output.
BigorU [14]

Answer:

The total number of scooters is 10

Explanation:

Total profit is maximized where Marginal Revenue (MR) = Total Marginal Cost

= 50 + 50 + 50 + 50 = $200

TR = P × Q = (300 - 5Q) × Q = 300Q - 5Q²

So, MR = \frac{d(TR)}{dQ} = 300 - 2(5Q) = 300 - 10Q

Now, MR = 200 gives,

300 - 10Q = 200

So, 10Q = 300 - 200 = 100

So, Q = \frac{100}{10}

So, Q = 10

7 0
3 years ago
Boris cannot afford his current car insurance payments. How can he most easily lower them?
vredina [299]
C. buy a cheaper car
4 0
3 years ago
Read 2 more answers
The term protectionism, when applied to international trade, refers to governmental restrictions and incentives to affect trade
SVETLANKA909090 [29]

Answer:

True

Explanation:

Protectionism refers to barrier on import products by restricting products from the foreign market. it can be achieved by putting heavy taxes on imports or implying strict regulation on import products.

it is not a fixed approach it is done when a country decides to go strong in the manufacturing field or want to strengthen its domestic industries by giving subsidy for setting up industries.

5 0
3 years ago
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