what is a loan agreement and why is it important

Answers

Answer 1

Answer:

Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.

Explanation:


Related Questions

Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.

Answers

Maintenance could result in higher living costs for the homeowner that the renter doesn't have.

The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.

Who are the renters?

The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.

The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.

Therefore, the correct answer is C.

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It is not necessary, when rejecting a job candidate, to worry about how the rejection is worded, as it will have minimal, if any, impact on the organization. True False

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i would say false……….

buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes

Answers

Long term borrowing!!
B long term borrowing or sale of bonds !!

Marion sells for the Whatisits Company of Whoville. An analysis of the performance of the company's 25 person sales force shows that the average sales rep works 250 days a year, makes four calls a day, obtains an order, averaging $15,000, every ten calls made. Marion worked 200 days last year during which she made a total of 700 calls which resulted in 50 orders totaling $1,500,000 in sales volume. What was Marion's average order size

Answers

Based on the information given  Marion's average order size is $30,000 per order.

Using this formula

Average order size=Total cost of order in sales volume/Total order

Where:

Total cost of order in sales volume=$1,500,000

Total order=50 orders

Let plug in the formula

Average order size=$1,500,000 / 50 Orders

Average order size=$30,000 per order

Inconclusion  Marion's average order size is $30,000 per order.

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what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?

Answers

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.

Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:

Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan Versa

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

1. To highlight multiple items on the menu screen.

2. To use some primary screens in accessing available secondary screens.

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A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position

Answers

The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

Using this formula

Change in net position=Revenue-Expenses-Transfer to general fund

Where:

Revenue=$1.5 million

Expenses=$1 million

Transfer to general fund=$50,000

Let plug in the formula

Change in net position=$1.5 million-$1 million-$50,000

Change in net position=$450,000

Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

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The particular market segment your company is trying to sell your products or services to is your _________.
A.
Customer profile
B.
Market share
C.
Community
D.
Target market

Answers

D it makes the most sense

Sanjana facilitated a hiring committee for her advertising company. Six employees (including two managers) met together to discuss applicants and select the finalists for a creative art director for the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.

Answers

Answer:

D) participative

Explanation:

A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.

The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.

how did consumerism help cause the great depression?

Answers

It helped keep smiles on peoples faces

What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative

no linkss​

Answers

Answer:

What was the answer?

Explanation:

Answer: it’s cooperative, I took the test.

Explanation:

ieiyeoemn you’re toxic.

Which of the following represents an increase in labor productivity within a country? (1 point)
O GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
O GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
O GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
O GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.

Answers

The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.

An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

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Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.

Answers

There a lot of changes that affect price. This behavior indicates  this ticket was below the equilibrium price

When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.

Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.

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A credit card is not considered money because A. it is not a store of value. B. it simply defers rather than completes transactions that ultimately involve the use of money. C. it is not a unit of accounting. D. All of the above.

Answers

Credit or debit card dose have value whatsoever !

Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activities.

Answers

Income taxes are those taxes that are paid on any financial gain.

Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.

This type of tax , taxes those that have more income that those that have lower income.

The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.

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Answer:

any financial gain

Explanation:

e2022

need help on econ please and thank you

Answers

Answer:

1. Bonds

2. Property

3. Mutual Funds

4. Starting a business

Explanation:

bank consistently denies loans to people of color because it believes they are unlikely to repay the amount due on time. This is most likely an example of __________ discrimination.

Answers

The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc

An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups.

The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedure

Therefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

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Can some people give me free adopt me pets? Just put in your user and I'll add u

Answers

Answer:

U can have my fly ride neon unicorn

Explanation:

which of rockwell’s paintings reached a record sale price?

Answers

"Saying grace" sold for, $46 million dollars.

The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.

Answers

Answer:

decrease; increase

Explanation:

HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date

Answers

Answer:

D

Explanation:

Answer: the balance

Explanation: because

The qualitative characteristic of using the same accounting method each period over time refers to the concept of

Answers

I’m not sure try looking it up

sorenson’s march 2020 video for marriott employees exhibited characteristics of ________ leadership.

Answers

The sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.

Arne Morris Sorenson is an American hotel executive and served as the hotel president and chief executive officer.

Sorenson's style of leadership entails combination of empathy, personal warmth and iron principle attracted deep admiration throughout the corporate world.

Therefore, the sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.

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Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?

Answers

Answer:

The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.

Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT

Answers

Answer:

B.The total cost of a loan per year expressed as a percentage

The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.

Answers

Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."

What is the socially optimal quantity?

The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.

Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.

Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.

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Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%

Answers

The growth rate of Nominal  GDP from 2007 to 2008 is 100%.

Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.

Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1

Nominal GDP in 2007 = (60 x 100) + (15 x 20)

= $6000 + $300

= $6,300

Nominal GDP in 2008 = (60 x 200) + (12 x 50)

$12,000 + 600

= $12,600

Growth rate = ($12,600 / 6,300) - 1 = 100%

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Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

Answers

Answer:

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.

What is court?

A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.

A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court

Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.

Therefore, Thus option (A) is correct.

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REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.

Answers

Considering the available options, Realtors are known to have various functions, including options A and B only.

Functions of a Realtor

Generally, Realtors are known to perform many responsibilities, including the following:

Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

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A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches an estimated 18,500 viewers. Which medium provides the lowest CPM

Answers

Based on the calculations, the medium that provides the lowest CPM is the cable commercial.

Since the radio commercial costs $600 and reaches an estimated 10,250 listeners, the CPM will be:

= $600/10250

= $0.0585

Since the local cable commercial costs $1000 and reaches an estimated 18,500 viewers, its CPM will be:

= $1000 / 18500

= $0.0541

Therefore, the lowest CPM is gotten from the cable commercial.

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Which group of people was most affected by Jackson's policies?A) southern Native AmericansB) northern Native AmericansC) SpanishD) French Which of these inferences is best supported by the text?Answer choices for the above questionA. The author was inclined toward engineering before he had ever heard of windmills.B. Energy and science books never appealed to the author before because he thought they had no bearing on his life.C. The author is frustrated that he did not learn about windmills earlier when they were more commonly used to generate power.D. Mrs. Sikelo was trying to prevent the boys from learning about the power of windmills. As you go down group one of the periodic table, the reactions become and more 330 is what percent of 750? Please helppp me I need it now Rain, snow, sleet, and hail are all forms ofA. humidityB. evaporationC. precipitationD. condensationPlease select the best answer from the choices provided Why did Shakespeare chose to begin the scene with Romeo talking before he learns of Juliets death? Explain what effect this has on the text Why must the people (the we mentioned) wear the mask?AThe people wear the mask to protect their faces and themselves. BThe people wear the mask because they are told to by the larger society.CThe people wear the mask to keep their identities a secret. DThe people wear the mask to hide their suffering Poem: We wear the mask that grins and lies, It hides our cheeks and shades our eyes, This debt we pay to human guile; With torn and bleeding hearts we smile, And mouth with myriad subtleties. Why should the world be over-wise, In counting all our tears and sighs? Nay, let them only see us, while We wear the mask. We smile, but, O great Christ, our cries To thee from tortured souls arise. We sing, but oh the clay is vile Beneath our feet, and long the mile; But let the world dream otherwise, We wear the mask! What type of species has animpact on the ecosystem that isgreater than its numbers?A. a keystone speciesB. a non-native speciesC. an invasive species PLEASE I AM IN DESPERATE NEED OF HELP the line passes through the point (4,7) and has a slope that is reciprocal of the slope of the line y=1/3x+2point slope form and slope intercept form pls how to set brainlyest im giving brainliest During the Revolutionary War, ______________ developed a set of standardized drills for General George Washington and the Continental Army. who was the first president to reside in the white house? Jack rode his bike 30 miles 5 hours. At this rate, how long would it take jack to ride one mile? A university currently has 18,000 enrolled students. Due to a discounted tuition, the university expects the number of enrolled students to increase at a rate of 5% per year. If the expected increase occurs, which function represents the number of enrolled students in t years? Compare the trends of fertility rates and mortality rates in under developed and developed countries. (ill give brainliest) Which sentence most clearly describes a medium of a storyA. The lack of quotation marks makes dialogue difficult to followB. The resolution is very abrupt so the conflict is not really resolvedC. The main characters in likable which is a major disappointment.D. Takes quite a while for the conflict to be introduced to the story I need to know the area of this triangle and I would like to have an explanation because I dont know how to do it I know the formula just not how to get the height