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Andre45 [30]
3 years ago
14

A person who can afford a monthly payment of and signs a loan agreement with a monthly payment of is most likely a victim of pre

datory lending. O A. $800; $1100 O B. $900; $800 O C. $900; $900 O D. $1100; $900​
Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer:

A. $800; $1100

Explanation:

Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.

If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower

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Answer:

The solution is given in the table file attached below

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3 years ago
While building the ancient pyramids, the Egyptians performed several management functions. They submitted written requests and c
geniusboy [140]

Answer:

a, b and c i.e Organizing, Planning and Controlling

Explanation:

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Organizing is the management function concerned with creation of organizational hierarchy, defining roles and objectives and authority and reporting responsibilities.

Planning refers to providing for unforeseen future events and deciding the ways to deal with them.

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3 years ago
Please help me with these accounting questions
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Answer:

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3 years ago
Who is John Kulczyk ?
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7 0
3 years ago
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Korvikt [17]

Answer: B - $7,150

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From the above information, Phil has a standard tax of $7,150.

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