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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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Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour;
kobusy [5.1K]

Answer:

the opportunity cost is in the case when you choose to go to the movies is $20

Explanation:

The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:

= Earning per hour × number of hours

= $10 × 2 hours

= $20

Hence, the opportunity cost is in the case when you choose to go to the movies is $20

5 0
3 years ago
What is the percentage change in the multifactor labor and raw materials productivity measure for sunpath between 2011 & 201
scZoUnD [109]
2013,2014,2015,2016,2017,2018,2019,2020,2021

6 0
3 years ago
Which one of the following statements is correct? Question 19 options: A longer payback period is preferred over a shorter payba
stich3 [128]

Answer:

The payback period ignores the time value of money.

Explanation:

This could primarily be classified to be amongst the major disadvantages of the payback period that it ignores the time value of money which is a very important business concept. In the other hand, the payback period disregards the time value of money. It is determined by counting the number of years it takes to recover the funds invested. Some analysts favor the payback method for its simplicity. Others like to use it as an additional point of reference in a capital budgeting decision framework.

The payback period does not account for what happens after payback, ignoring the overall profitability of an investment.

8 0
3 years ago
Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l
MArishka [77]

Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>

7 0
3 years ago
_____ involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and servic
masha68 [24]
Sustainability involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and services. greenwashing eco-marketing greener advertising eco-selling green marketing.

Therefore I think the answer is Sustainability
Hope it helps
8 0
3 years ago
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