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Answer:</h2>
<h3>Predatory lending typically refers to lending practices that impose unfair,selective, or abusive loan term on borrowers.</h3>
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Explanation:</h2>
<h3>Hope It's Help</h3>
<h3>#Carry On Learning</h3>
Answer:
a. We have:
Four your Uncle: Debit the T-accounts under Assets (Checking) for $100; Credit the T-accounts under Liabilities (Loans) with $100.
Four Tenth National Bank: Debit the T-accounts under Assets (Loan) with $100; Credit the T-accounts under Liabilities (Deposits) for $100.
b. We have:
Four your Uncle: Debit the T-accounts under Assets (Checking) for $0; Credit the T-accounts under Liabilities (Loans) with $0.
Four Tenth National Bank: Debit the T-accounts under Assets (Loan) with $100; Credit the T-accounts under Liabilities (Deposits) for $0.
c. False
Explanation:
a. Complete the following T-accounts for your uncle and TNB before your uncle repays the loan.
Note: See part a of the attached excel for the T-accounts for your uncle and TNB before your uncle repays the loan
b. Complete the following T-accounts for your uncle and TNB after your uncle repays the loan.
Note: See part b of the attached excel for the T-accounts for your uncle and TNB after your uncle repays the loan
c. True or False: Your uncle's wealth has changed.
False, his wealth has not changed. The reason is that his assets are now zero and his liabilities or loans are also now zero.
Answer:
D. It exempts the borrowing from SEC regulation
Explanation:
Commercial paper is a short-term debt instrument. Companies can borrow money by issuing it to investors. It is unsecured, meaning collateral does not back it up. ... As long as the maturity is less than 270 days, you do not have to register the debt with the SEC.
A Commercial Paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations (for example payroll), and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.
In this example, Wrigley used the Penetration pricing.
Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.
This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.
In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.
In conclusion, Wrigley used the Penetration pricing to attract new customers.
Read more about this here
<em>brainly.com/question/3521758</em>
Answer: sightseeing
Explanation:
Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.
In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.