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leva [86]
3 years ago
9

Why are student loans usually guaranteed by the government?

Business
1 answer:
Ksenya-84 [330]3 years ago
3 0

Answer: Banks don't have any collateral for student loans

Explanation:

Students loans are the loans that are collected by the students so that they can be able to finance higher education. The loans can be gotten from private lenders such as bdnkd or by the government.

Student loans usually guaranteed by the government due to the fact that banks do not have any collateral for student loans but such students can be traced by the government in the case of default on the student's part.

Therefore, the correct option is D.

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A parents' group in a small town formed an unincorporated association to run a little league soccer team. Alex was elected presi
Keith_Richards [23]

Answer:

The only person liable for the goods purchased is Alex because he was the person that made the purchases.

Explanation:

Alex is to be held liable because he was authorized to make the purchase. A single member of an unincorporated association is liable for the debts of the organization if they are given authorization to execute a specific act which is seen in this case here.

6 0
3 years ago
A codec converts an incoming digital signal to an analog signal for transmission over an analog network. True False
Serhud [2]

Answer: false

Explanation: A code - decoder, or codec for short, is an algorithm that encodes data by decompressing data that is recieved, and compresses data for a faster transmission. Codecs are normally used to digitize video or audio signal for transmission. In electronics, a DAC, or digital - to - analog converter can be used to convert a digital signal to an analog signal over an analog network.

7 0
3 years ago
On October​ 1, 2019, Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500 in settlement of an overdue account receivable.
Nataliya [291]

Answer:

The accrued interest on the note at December​ 31, 2019 is $206.25

Explanation:

Fashion Jewelers accepted a​ 5-month, 11% note for​ $7,500.

The amount of interest for 1 year = 11% x $7,500 = $825

The amount of interest for 1 month = $825/12 = $68.75

From October​ 1, 2019 to  December 31, 2019, Fashion Jewelers has accepted the note for 3 months.

The accrued interest on the note at December​ 31, 2019 = $68.75 x 3 = $206.25

7 0
3 years ago
Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 7.05 Direct labor$ 4.20
Kazeer [188]

Answer:

Contribution margin per unit= $12.85

Explanation:

Giving the following information:

Direct materials$ 7.05

Direct labor$ 4.20

Variable manufacturing overhead$ 1.55

Sales commissions $ 1.15

Variable administrative expense$ 0.40

<u>To calculate the contribution margin, we need to use the following formula:</u>

Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 27.2 - (7.05 + 4.2 + 1.55 + 1.15 + 0.4)

Contribution margin per unit= $12.85

8 0
3 years ago
What is the importance of effective communication to a successful life
ICE Princess25 [194]

1) Skills is the ability to listen.

2) Understand the mission and goals of their company and what their responsibilities are.

4 0
3 years ago
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