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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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The argument advanced by Milton Friedman for adopting a monetary growth rule is that A. the growth rate of M1 has been unstable.
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C. active monetary policy potentially destabilizes the economy.

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2 years ago
_____ is a strategy used when giving constructive feedback.
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Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the
JulsSmile [24]

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3 years ago
Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes
elixir [45]

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