A debtor<span> is someone who owes a financial obligation (a “debt”) to another, known as the </span>creditor<span>. An example of a </span>debtor-creditor relationship<span> is where a bank lends money to an individual or company, on the basis that the money has to be paid back at some point to the bank</span>
Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.
Explanation:
Answer:
1. $2,400
2. Investment 2
Explanation:
For computing the expected return for the investment 2, we have to apply the formula which is shown below:
= Probability for Scenario 1 × return in Scenario 1 + Probability for Scenario 2 × return in Scenario 2 + Probability for Scenario 3 × return in Scenario 3
= 0.2 × $6,000 + 0.3 × $4,000 + 0.5 × 0
= $1,200 + $1,200
= $2,400
From the calculations we use the investment 2 as Paul is uncertain about the return for investment 1
<span>If some activity creates positive externalities as well as private benefits, then economic theory suggests that the activity ought to be: </span>subsidized
