1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pshichka [43]
3 years ago
7

Why do banks and other financial institutions require collateral for loans?

Social Studies
2 answers:
stich3 [128]3 years ago
5 0

Answer: The answer is C: to reduce the risk of lending

Banks and other financial institutions require collateral for loans to reduce the risk of lending.

Explanation:

Collateral refers to anything or an item of value which is accepted as a substitute form of repayment in case loan is not repaid. It is an asset can be taken if an individual fail to pay his or her loan. If the individual fails to repay the loan, the bank will seize and sell the assets. It is a legal binding contract.

Arlecino [84]3 years ago
3 0

If the borrower stops making the promised loan payments, the lender can seize the collateral to recoup its losses. Since collateral offers some security to the lender should the borrower fail to pay back the loan, loans that are secured by collateral typically have lower interest rates than unsecured loans.


invetopedia.com

You might be interested in
Why is it important to identify the purpose of your message before you start writing?
cestrela7 [59]

Business writing is a specific type of writing intended to promote effective communication within and between private organizations, as well as between those firms and their peers and consumers, in order to achieve desired business outcomes.

<h3>What are the primary purposes of a business message?</h3>

Providing visual clues, as well as enabling the sender to customize the message to the listener, are the traditional key goals of sending business messages.

A technical solution might be appropriate if the message is clear and instructive. whether a more transitory form would be preferable or if a permanent record of the message is required.

Business writing is a specific type of writing intended to promote effective communication within and between private organizations, as well as between those firms and their peers and consumers, in order to achieve desired business outcomes.

Starting with one of the three general purposes, a specialized purpose then describes the precise subject you have chosen and the main goal you aim to achieve with your speech. The precise goal essentially provides answers to the who, what, when, where, and why of your speech.

Therefore, the correct answer is option

a) To determine how to present your message

e) To focus your writing process

The complete question is:

In order to craft effective business messages, beginning writers should follow the writing process closely. The first step in this process is analyzing the purpose of the message and audience.

Why is it important to identify the purpose of your message before you start writing? Check all that apply.

a) To determine how to present your message

b) To impress your associates

c) To establish goodwill

d) To impress your boss

e) To focus your writing process

To learn more about the purposes of a business message refer to:

brainly.com/question/5506518

#SPJ4

8 0
1 year ago
Which battle marked the first military clash in the american revolution
musickatia [10]
Lexington and concord

8 0
3 years ago
Read 2 more answers
The theory that describes the different ways we listen (mindfully or mindlessly) is called _________
podryga [215]

Answer:

The answer is the dual-process theory.

Explanation:

This theory seeks to explain how thoughts can be processed in two different ways: one that is automatic or unconscious, and another that is controlled or conscious.

According to the theory, unconscious thoughs can be changed in the long term through reinforcement, and conscious thoughts can be changed in a shorter time through persuasion or education.

4 0
3 years ago
Jessica took psychology in the fall semester and is now taking sociology. Several of the concepts are similar, and Jessica finds
zhuklara [117]

Answer:

C) retroactive interference

Explanation:

Retroactive interference occurs when one forget the previously task which was learnt very recent due to learning of the task.

The later learning interferes of the individual with the earlier learning. The new memories disrupt the old memories.

<u>In the given case study, Jessica being confused is an example of retroactive interference.</u>

7 0
3 years ago
What are contextual factors that should be considered when evaluating normal behavior?
Sunny_sXe [5.5K]

The contextual factors that should be considered when evaluating normal behavior are Statistical Criterion, Social Criterion, and Personal Discomfort.

The four contextual factors that seem like most significantly related to group performance are the presence of ok assets, effective management, a climate of trust, and a overall performance assessment and praise machine that displays group contributions.

The contextual impacts included diverse occasions, stories, and relationships. In analyzing those events, stories, and relationships, the subsequent domains of contextual have an effect on emerged: university entry, curriculum, co-curriculum, tour, existence issues, and university departure.

A statistical criterion is a conference via which sure values are considered surprisingly possibly and others considered noticeably incredible. Social criteria observe the way it manages relationships with employees, suppliers, clients, and the communities in which it operates. Non-public misery refers to selforiented emotions in reaction to perceiving another in want

Learn more about  contextual factors here:- brainly.com/question/24750804https://brainly.com/question/735261

#SPJ4

5 0
1 year ago
Other questions:
  • During the last half-century, the buying power of Americans has _____ and their self-reported personal happiness has _____.
    14·1 answer
  • Suki is auditioning for a role in a TV commercial. She is very nervous but has been repeating her lines over and over so she won
    12·2 answers
  • When 6-year-old louise heard that the family was going to a baby shower, she asked her mother why the baby was taking a shower i
    14·2 answers
  • The physiological component of an emotional experience involves _____.​
    10·1 answer
  • A scientist conditions a dog to salivate in response to the sound of a high-pitched tone. The researcher then presents a low-pit
    14·1 answer
  • HELP. When people talk about natural resources, they usually mean
    15·2 answers
  • ) What is the decided age for the member of the Legislative Assembly?
    15·1 answer
  • Traditionally, the first primaries are held:
    7·1 answer
  • Which two Asian nations are facing the most significant water and air pollution problems?
    14·1 answer
  • imagine you want to convince the local school board that changing the high school start time from 7:10 AM to 8:30 AM with benefi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!