The answer is collateral.
A valuable object is used as collateral to secure a loan.
Lenders' risk is reduced by collateral.
The lender has the right to sell the collateral if a borrower defaults on the loan in order to recover its losses.
Two examples of collateralized loans are mortgages and auto loans.
You can utilize other personal belongings, like a savings or investment account, to protect a collateralized personal loan.
The sort of loan frequently dictates the kind of collateral.
Your house serves as collateral when you take out a mortgage. If you obtain a car loan, the vehicle will serve as collateral.
Cars but only if they are fully paid off bank savings deposits, investment accounts, and other sorts of collateral are frequently accepted by lenders.
Retirement account collateral is typically not accepted.
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Unemployment continues to rise to unacceptable level. As David Lipton said if the government are to navigate this dangerous period. Government must respond concretely to all of these challenges. Despite of political obstacles. This is important to all countries specially South Africa.
Answer:
The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by:
the high cost of domestic labor.
Explanation:
An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor. The cost of direct labor forms part of the computations for the cost of a product and its pricing. Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
A trial court hears witnesses testify and examines other information presented to prove the alleged facts and render a legal decision. An appellate court is concerned with the application of law in the decision of a lower court and may affirm, reverse, amend, or remand the decision of a lower court.
