Answer:
Remember:
- The economy runs on money and doesn't like uncertainty
- A recession is when the economy takes a really big hit
- When a business closes - especially a big one - money is lost
When a business closes, consumers have to spend their money in a different sector, or they end up saving what they were expected to spend. This causes a fluctuation in the markets, something the economy doesn't like. For example, right now, many businesses are temporarily shutting down, while others are closing permanently. This has caused the economy to spiral downhill because the money flow has changed. People are no longer spending money on things like entertainment, and are instead stocking up on essentials. However, other people can't pay their staff's wages and are considering closing their businesses. When one business closes, the workers aren't getting paid, the consumers aren't spending money, and the economy get's nervous. I hope this makes sense :)
1. D. Beauty Salon
2. C. Woman buying a computer.
Brainliest is appreciated! x
Answer:
Acceleration
Explanation:
An acceleration clause is a contract stipulation that give power to a lender to necessitate a borrower to repay all of an outstanding loan if certain clauses are not met. An acceleration clause outlines the grounds that the lender can claim loan repayment and the repayment requirement.
This type of clauses are very popular in mortgage loans and it helps to reduce the risk of default for the lender. They are in most cases based on payment delinquencies but they can be utilized for other occurrences as well. In most cases, an acceleration clause will necessitate the borrower to instantly pay the full balance owed on the loan if any of the loan terms have been violated. With complete payment of the credit the borrower is relieved of any further interest payments and basically pays off the loan early at the time the acceleration clause is invoked.
