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RideAnS [48]
3 years ago
12

For those wishing to purchase a franchise, the Federal Trade Commission acts as a guardian ensuring that the business idea is so

und and that the information in the Franchise Disclosure Document is accurate.
a. True
b. False
Business
1 answer:
alexira [117]3 years ago
4 0

Answer:

b. False

Explanation:

In the case when the franchise is to be purchased so the federal commission acted as the guardian and they give the assurance that the idea related to the business is sounded also the information that contains in this should be correct but in real it should not be accurate as for obtaining the franchise the wrong information could be provided

So the given statement is false

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Sienna has a car loan with an annual interest rate of 4.8%. She will make the same monthly payment for 48 months, after which th
kvasek [131]

Answer:

-Diego is correct because the loan has to be paid in full by a specific date.

Explanation:

Closed-end-credit is a type of credit where a fixed amount is borrowed and must be repaid in full by the end of a specified period. The amounts to be paid back are the principal and the interests. Sienna took a closed-end-credit because her loan was issued at a go, and she had to repay after 48 months.

Open-end credit is like a revolving fund.  The borrower is allowed credit up to a specific limit. Once they make repayments, they can re-access the facility.

6 0
3 years ago
15. You have just purchased a car and taken out a $50,000 loan. The loan has a 5-year term with monthly payments and an APR of 6
monitta

Answer:

find answers below

Explanation:

First and foremost, we need to determine the payment on a monthly basis in order to proceed further as shown thus:

PV(loan amount)=monthly payment*(1-(1+r)^-n/r

loan amount=$50,000

the monthly payment is the unknown

r=monthly interest rate=6%/12=0.5%

n=number of monthly payments in 5 years=5*12=60

50,000=monthly payment*(1-(1+0.5%)^-60/0.5%

50,000=monthly payment*(1-(1.005 )^-60/0.005

50,000=monthly payment*(1-0.74137220 )/0.005

50,000=monthly payment*0.25862780 /0.005

monthly payment=50,000*0.005/0.25862780 =$966.64  

first month:

amount paid $966.64  

interest=0.5 %*$50,000=$250

principal paid=monthly payment-interest=$966.64-$250=$716.64

loan balance=$50,000-$716.64=$49,283.36  

second month:

amount paid $966.64  

interest =0.5%*$49,283.36=$246.42  

principal paid=$966.64-$246.42 =$720.22

6 0
3 years ago
1. candidate recalls all the good things he has done, omitting facts that would justify his defeat debating team 2. impression t
ehidna [41]

The question is not properly organised and is asking what the following action means, see below proper sequence:

1.  A candidate recalling all the good things he has done, and omitting facts that would justify his defeat debating team is called (…).

2. Giving the impression that everyone is involved so the listener would feel the "danger" of missing out is  (…).

3. An organized group that competes with others in the art of debate is  (…).

4. Without any danger of error; basing actions on the truth is  (…).

5. To inform and make known the opinions and feelings of oneself is  (…).

Answer:

1. card-stacking

2. bandwagon

3. a debating Team

4. factually

5. propagandizing

5 0
3 years ago
Which of the following is true about unethical behavior?
Shkiper50 [21]
Unethical behavior is behavior that is not considered normal, respectful, and ethical. Behavior such as cursing in public, performing inappropriate actions in public, or disturbing the peace is considered unethical. There are set norms in our society that you must follow like not shouting “d*mn in front of your mother of something similar.
5 0
3 years ago
In comparing two online e-tailers, Walmart vs. DeepDiscounts, Walmart should be considered the better online business based on b
Maurinko [17]

Answer:

The correct answer is letter "A": True.

Explanation:

Walmart can be considered one of the pioneers when it comes to talking about online business. Its success does not only rely on the deals offered but also in the wide variety of products they sell. It does not imply DeepDiscounts.com is a bad online business but, compared to Walmart, the latter has several steps ahead.

8 0
3 years ago
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