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Ronch [10]
2 years ago
13

Justin signed a finance agreement for his recent purchase.what is the collateral for his loan?

Business
1 answer:
gayaneshka [121]2 years ago
3 0

Answer:

According to the guarantees, the following types of loans can be distinguished:

-Loans with personal guarantee.

-Loans with real collateral.

-Home-backed loans.

Explanation:

The loans with personal guarantee the borrower recognizes the whole of his patrimony, be it the goods and the present and future rights in a general way. In the case of loans with collateral, a specific asset or right is together with the payment of the loan in the event that the borrower cannot pay the obligations contracted.

The fundamental modality is that of loans with a mortgage guarantee, in which the guarantee is a property. In this way, the loan installments are not met. The mortgage, which to be acts as a burden that is associated with the property, in such a way that, if someone obtains the property on which they have a mortgage, they could lose their property if the debt is not paid.

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Many software companies allow customers to use limited versions of their software free for 30 days. This strategy tries to incre
vodka [1.7K]

Answer:

d. trialability

Explanation:

Based on the information provided it can be said that this strategy tries to increase the diffusion of a new product through increasing trialability. This term refers to the ease with which potential customers can test out a company's new product or service for a limited time without having to pay money for it. This allows them to determine whether the product/service is good for them and whether it is worth buying.

5 0
2 years ago
On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,
g100num [7]

Answer: $‭9,017.89

Explanation:

Wooten will recognize the present value of $10,100 as it is to be paid to them in a year and the company sees time value of money as a significant component.

= 10,100 * Present value interest factor, 12%, 1 period

= 10,100 * 0.89286

= $‭9,017.886‬

= $‭9,017.89

6 0
1 year ago
Modesto broker Killian Johnson has just received a money deposit and the related instructions from the buyer, Luis Alverez. Whic
jeka57 [31]

Answer: B. Deposit into Killian's account, then figure out his commission, deduct that number to arrive at the final amount (due to the principal) and then write a check to the principal for the monies due to him, within 3 business days.

Explanation: A broker is a person or organisation who acts in the place of a principal to transact business with a potential customer. a broker is responsible to his or her principal which means he or she or even if its an organisation receives instructions on how to dispose off certain item.

In an agent/broker and a principal relationship, the principal is the owner of the sum of money paid,hence Killian does have to pay into his account and figure his commission by himself, it is to be done by the principal who will eventually pay for the agreed commission to Killian the agent.

6 0
2 years ago
The question, "What are the distinguishing characteristics of effective leaders?" sparked which approach to the study of leaders
Sergio [31]

Answer:

behavioral approach to the study of leadership

Explanation:

In simple words, The behavioral approach is only concerned with what managers do and what they behave. The behavioral approach broadened the science of leadership to encompass the activities of leaders toward followers in diverse settings by moving the study of leadership to leader behaviors. Monitoring and analyzing a leader's movements and behaviors in response to a given circumstance is central to behavioral leadership theory.

7 0
1 year ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

Cost to acquire share of the Pacific Corporation             $2,850,000

Less:Net Assets Acquired of Sand Corporation

       Sand Net Assets                     $3,000,000

       Excess value of land               $200,000

       Excess value of equipment    $150,000

       Fair value of non-compete     $300,000

                                                       $3,650,000                 ($3,650,000)    

Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

3 0
2 years ago
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