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Zarrin [17]
3 years ago
12

What is the main reason banks loan money to consumers?

Law
2 answers:
zvonat [6]3 years ago
8 0

Answer:

C. To make money

Explanation:

Mariulka [41]3 years ago
5 0

Answer:

The answer is to make money.

Banks will loan you money and then charge you a high interest rate to pay back on top of the money you loaned

Explanation:

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Its a fundamental human right. It also underpins most other rights and allows them to flourish. The right to speak your mind freely on important issues in society, access information and hold the powers that be to account, plays a vital role in the healthy development process of any society.
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C. It is easily cured

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3 years ago
James is a taxpayer that files married filing separately. he had a tax liability of $6,700 in the previous tax year. his agi is
omeli [17]

For James to avoid an underpayment penalty in 2020, he needs to pay <u>$23,912.50</u>.

<h3>What is an underpayment penalty?</h3>

An underpayment penalty is the IRS fine levied on taxpayers who do not pay enough of their estimated tax liability.

According to the IRS rules, to avoid an underpayment penalty, James must pay either 100% of last year's tax or 90% for 2020.

<h3>Data and Calculations:</h3>

Tax liability from 2019 = $6,700

AGI for the current tax year = $85,000

Taxable income = $76,500 (assumed to be 90% of AGI)

Tax rate = 25%

Tax liability for 2020 = $19,125 ($76,500 x 25%)

Minimum tax to pay to avoid underpayment penalty = $23, 912.50 ($6,700 + $19,125 x 90%)

Thus, for James to avoid an underpayment penalty in 2020, he needs to pay <u>$23,912.50</u>.

Learn more about underpayment penalties at brainly.com/question/14328731

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3 0
2 years ago
Nation A is neighbors with Nation B. When an international crime lord who operates in both countries is captured by Nation A, it
NeX [460]

Answer:

<h3>Act of State Doctrine.</h3>

Explanation:

According to the U.S Constitution, the Act of State Doctrine is a principle that respects the sovereignty of an independent state. It declares that sovereign states should  respect the independence and integrity of other independent sovereign states.

The doctrine implies that domestic decisions of sovereign states should not be questioned by other independent states. Domestic decisions of another independent state should be respected by other independent states.

Here, since Nation A has apprehended the culprit in its country, it has the full right to decide what punishment and verdict should be given to the culprit.  Through the Act of State Doctrine, it gains full immunity to handle the culprit on its own discretion. Nation B has no right to make any claims or alter the decision of Nation A.

3 0
3 years ago
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