Answer:
When financing a vehicle, the lienholder is the bank or company that loaned you money in order to purchase the car. The lender holds a lien against the car, giving them the legal right to take possession of the car if you fail to settle your debt. That institution's name will appear on the title of your vehicle and your car insurance policy for the duration of the loan. Buying or selling a car with a lien is perfectly legal, but the process takes more work, and it poses some inherent risks to the buyer.
Explanation:
A lien is the legal right to take possession of a piece of property if the debt underlying that property is not settled. A lienholder (also known as a lienor) is a person, company, or financial institution that co-buys that property or sells it to you on credit. For example, if your local bank writes you an auto loan to finance your car, they are the lienholder. You are the practical owner of the car. You have exclusive rights to use and even sell the vehicle, assuming you can pay off the loan.
But as long as the lienholder has a financial stake in your vehicle, they're the legal owner, and their name will appear on important documents. This is a different situation than leasing a car in that, when you lease a car, the lessor is the full owner of the vehicle, and you are merely renting it from them. You cannot legally sell a car you're only leasing.
Answer:
a. marginal benefit is greater than both the average cost and the marginal cost.
Explanation:
Marginal cost is the cost of any action taken and average cost is the average of all the costs associated with the action under consideration. Marginal benefit is the benefit of each action undertaken. A rational approach is to take an action when marginal cost and average cost will be lower than the marginal benefit. You should consider the net Marginal benefit of an action before taking decision.
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
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Answer:
b. CRM
Explanation:
According to my research on the different business and marketing terms used by businesses, I can say that the term being defined by the information provided within the question is CRM (Customer Relationship Management). This is a business approach that focuses on all decisions based on their customers by using data analysis about a customers history to improve business relationship.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Activity variance for administrative expenses in July $9,380 $9,350 $30U
Explanation:
Flexible budget Static Budget Actvity variance
Client-visits 4,360 4,300 60 F
Variable Administrative expenses
($0.50 x 4,360) $2,180
($0.50 x 4,300) $2,150 $30 U*
Fixed Administrative expenses 7,200 7,200 0
Activity variance for administrative expenses in July $9,380 $9,350 $30U