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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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What is a specialty good?
Anuta_ua [19.1K]

Answer:

 The specialty goods are one of the type of consumer products an it basically categorized under the category of shopping and the convenience goods.

The specialty products are basically purchased by the consumers or users because of its unique characteristics and high efficient brands. Exotic perfumes, designer clothe and famous printing cloths are some examples of the specialty products.

The main objective of the specialty goods is that the customers group are wiling for purchasing the specific products due to its unique features or high brand and also make special efforts for purchasing the specific products and the services.

5 0
3 years ago
Tony, age 15, is claimed as a dependent by his grandmother. During 2019, he had interest income from Boeing Corporation bonds of
lidiya [134]

Answer: d.$1,800 – $1,150 = $650

Explanation:

In 2019, the IRS listed that a Dependent who is claimed by another tax payer ( Tony's Grandmother) can have a tax deduction of $1,100, or their earned income plus $350 depending on which is higher.

Tony's earned income is $800 from his part-time job so his deduction is $1,150 (800 + 350) as this is higher than $1,150.

His tax is therefore,

= Unearned Income + Earned Income - Deduction

= 1,000 + 800 - 1,150

= 1,800 - 1,150

= $650

6 0
3 years ago
When Beck's Bicycles, Inc., volunteered to send its expert riders up mountainous terrain to rescue a lost dog that was unable to
Ronch [10]

Answer:

public relations

Explanation:

The effort quickly turned into an important public relations campaign for the firm.  This is the process in which a company manages how information is spread between them and the public/society that surrounds them. This is done in order to increase a company's following, relay information, or deal with a problem. Many times this is either done through social media or news outlets.

4 0
3 years ago
1. What is the name of Walmart’s CEO and President? 2. How much operating cash flow did Walmart generate in Fiscal 2020? 3. How
pychu [463]

Answer:

1. The name of Walmart’s CEO and President is Doug McMillon.

2. For the fiscal 2018 the company generated $28.3 billion as operating cash flow.

3. The amount of provisional benefit recorded by Walmart as a result of tax reform was $207 million. This amount was for both the full quarter and full year.

4. For fiscal 2018 the company had employed 2.3 million associates across the world.

5. Gross margin = gross margin/net sales.

Gross margin = net sales – cost of goods sold.

Gross margin % for Q418:

Net sales (excluding membership and other income) 135,150.00

less: cost of sales -102,640.00

Gross margin 32,510.00

Gross margin % (gross margin/net sales) 24.05

7 0
3 years ago
ABC Company has elected to adopt the dollar-value LIFO inventory method when the inventory is valued at $125,000. The adoption t
Brut [27]

Answer:

Explanation:

K

8 0
3 years ago
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