A deductible is
a) The discount you deduct from your premium
b) The amount you pay when you file an insurance claim
c) The amount that is deducted when you buy a policy
d) The discount received by a health care provider
Answers
Answer:B
Explanation:
A deductible is the amount you owe before insurance pays. Example: If your car insurance has a $500 deductible and you have a fender bender (wreck) let’s say it will cost $2,000 to fix your car. You will pay the $500 deductible and your car insurance company will pay the remaining $1,500
Related Questions
Arnita was hoping to ship her products for a relatively low cost, meaning that she wants to avoid having to ship far away. Based on this, what critical segmentation method should she consider when identifying her target market?
Answers
The geographical segment is the critical segmentation method she should consider when identifying her target market.
What is a Market segmentation?Market segmentation refers to breaking down of market into series of segment bases on age, geographic location, occupation for marketing purpose.
The geographical segmentation is the segment that is used to target products at people who live in a particular location.
In conclusion, the geographic segment is the critical segmentation method she should consider when identifying her target market.
Read more about Market segmentation
brainly.com/question/5545577
prepare an income statement for rex manufacturing for the year ended december 31 using the following information. hint: not all information given is needed for the solution. finished goods inventory, ending $ 16,000 general and administrative expenses 14,000 accounts receivable 18,000 finished goods inventory, beginning 19,000 cost of goods manufactured 40,000 selling expenses 12,000 cash 55,000 land 28,000 sales 92,000 equipment 1,000
Answers
An income statement for rex manufacturing for the year ended December 31 using the following information. Income Statement for Rex Manufacturing for the Year Ended December 31:
Sales: $92,000
Cost of Goods Sold:
Beginning Finished Goods Inventory: $19,000
Add: Cost of Goods Manufactured: $40,000
Total Cost of Goods Available for Sale: $59,000
Less: Ending Finished Goods Inventory: $16,000
Cost of Goods Sold: $43,000
Gross Profit: $49,000
Operating Expenses:
Selling Expenses: $12,000
General and Administrative Expenses: $14,000
Total Operating Expenses: $26,000
Operating Income: $23,000
Net Income: $23,000
Note: The information provided does not include any income tax information, so this income statemen t assumes that the net income is before income taxes.
To know more about income taxes, visit :
https://brainly.com/question/17075354
#SPJ1
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
Which type of tort happens when you unfairly damage another company's reputation?
A.
Fraud
B.
Conflict
C.
Interference
D.
Defamation
Please select the best answer from the choices provided
A
B
C
D
Answers
Because is like your challenging them so it cant be any others
Answer:
D. Defamation
Explanation:
Defamation is when you make harmful false accusations towards a person and/or company
Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
Answers
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
Find out more on the federal reserve at https://brainly.com/question/1997750
#SPJ1
prepare a balance sheet for alaskan peach corporation as of december 31, 2022, based on the following information: cash = $205,000; patents and copyrights = $859,000; accounts payable = $284,000; accounts receivable = $265,000; tangible net fixed assets = $5,220,000; inventory = $550,000; notes payable = $177,000; accumulated retained earnings = $4,706,000; long-term debt = $1,130,000.
Answers
The balance sheet for alaskan peach corporation as of december 31, is: Asset $7,099,000, Liabilities $7,099,000.
Balance sheetBalance Sheet for alaskan peach corporation as of december 31,
Assets
Cash $205,000
Accounts receivable $265,000
Inventory $550,000
Current assets $1,020,000
Tangible net fixed assets $5,220,000
Intangible net fixed assets (patents and copyrights) $859,000
Total assets $7,099,000
Liabilities
Accounts payable $284,000
Notes payable $177,000
Current liabilities $461,000
Long-term debt $1,130,000
Total liabilities $2,052,000
Common stock $341,000
Accumulated retained earnings $4,706,000
Total liabilities & owners' equity $7,099,000
Therefore the balance sheet for alaskan peach corporation as of december 31, is: Asset $7,099,000, Liabilities $7,099,000.
Learn more about balance sheet here:https://brainly.com/question/1113933
https://brainly.com/question/26680185
#SPJ1
Hello guys I'm Filipino
Answers
Answer: Nice, today is my birthday :D
Explanation:
I’m mexican :)
Answer:
hlo iam a proud nepali
you filipino
Identify three strengths of each human service delivery system?
Answers
Answer:
hope it helps
Explanation:
The Medical Model. is the oldest of the three models. Looks at symptoms, illness and sickness.
The Public Health Model. Looks at how illness affects population. Focus is on education, prevention and nutrition.
The Human Service Model. Looks at the client and their environment
Company X is interested in improving its compliance with internal control procedures. During 20X1, Company X determined that compliance with internal control procedures was 92%. On December 31, 20X2, Company X took a random sample of 165 instances where internal controls should have been followed and determined that internal controls were followed 153 times. Can Company X conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2 ?
Answers
No, Company X cannot conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2.
What statistical analysis can be performed to determine if there was a significant increase in compliance?To determine if there was a significant increase in compliance with internal control procedures in 20X2, we need to perform a hypothesis test. The null hypothesis (H₀) would state that there was no increase in compliance, while the alternative hypothesis (H₁) would state that there was an increase. Since we are comparing proportions, we can use a two-sample z-test.
Let's calculate the test statistic:
First, determine the sample proportion for 20X1:
p₁ = 92% = 0.92
Next, calculate the sample proportion for 20X2:
p₂ = 153/165 ≈ 0.927
Now, calculate the standard error:
SE = √[(p₁(1-p₁))/n₁ + (p₂(1-p₂))/n₂]
= √[(0.92(1-0.92))/n₁ + (0.927(1-0.927))/n₂]
Assuming a significance level of 0.05, we need to find the critical z-value from the standard normal distribution. If the test statistic falls beyond this critical value, we can reject the null hypothesis.
Finally, calculate the test statistic:
z = (p₂ - p₁) / SE
Compare the test statistic with the critical z-value to make a decision regarding the null hypothesis.
Learn more about: Company X
brainly.com/question/19659292
#SPJ11
A newlywed couple was having trouble resolving their marital disputes. The husband felt like he was trying to solve all the problems because his wife would not take him seriously during their discussions and would do something else like cleaning dishes. So, they decided that they would have a "meeting" to discuss issues whenever they arose. The meeting would be at a time where they would shut out all distractions and discuss the situation until they find a solution. What is the paramount goal in this situation?
Answers
Answer:
The answer is "Process".
Explanation:
The meeting process, when more than two people are come together, usually in it is a formal atmosphere, to discuss some on subjects, however, meetings often present in several other settings.
When both meat, while in each dispute, their pair have competing goals, it is a primary objective that pairs as more difficulties solving its dispute than for the other possible conflict objectives.
5. What is the impact of the Online Funds Transfer - From Savings that
appears on John's statement?
John's Savings account balance declined by $50 and his Checking account balance
increased by $50
John's Savings account balance increased by $50 and his Checking account balance
declined by $50
John's Savings account balance had no change and his Checking account balance
declined by $50
John's Savings account balance increased by $50 and his Checking account balance
had no change
Answers
The correct statement that describes the impact of the Online Funds Transfer - From Savings on John's statement is:
John's Savings account balance declined by $50 and his Checking account balance increased by $50.
This means that $50 was transferred from John's Savings account to his Checking account through an online funds transfer. As a result, the balance in John's Savings account decreased by $50, indicating a reduction in the amount of money he has saved. Conversely, the balance in John's Checking account increased by $50, reflecting the additional funds transferred into the account. This transaction represents a transfer of funds between the two accounts, resulting in a decrease in savings and an increase in checking.
For more such answers on Savings
https://brainly.com/question/30101466
#SPJ8
ntex Ltd. issued 10,000, 10% Debentures of Rs.100 each at a premium of
10%, full amount being payable along with application. Applications were
received for the debentures issued and allotment was made. Pass the journal
entries.
Answers
Answer:
1. When the application money is reieved, Debit Bank for Rs.1,100,000; and Credit Debentures Application and Allotment a/c for Rs.1,100,000,
2. To transfer of application money along with premium on debentures allotted to the debentures account, Debit Debentures Application and Allotment a/c for Rs.1,100,000; Debit Debenture a/c for Rs.1,000,000; and Credit Security Premium Reserve a/c for Rs.100,000.
Explanation:
Since allotment were made, it implies the accounts for application and allotment can be combined. Therefore, the journal entries will look as follows:
Accounts Title Dr (Rs.) Cr (Rs.)
Bank (w.1) 1,100,000
Debentures Application and Allotment a/c 1,100,000
(To record the amount received from debenture application with the premium)
Debentures Application and Allotment a/c 1,100,000
Debenture a/c (w.2) 1,000,000
Security Premium Reserve a/c (w.3) 100,000
(To record the transfer of application money along with premium on debentures allotted to the debentures account)
Working:
w.1: Bank = (Units of debentures * Unit price) * (1 + Premium rate) = (10,000 * Rs.100) * (1 + 10%) = Rs. 1,100,000
w.2. Debenture = Units of debentures * Unit price = 10,000 * Rs.100 = Rs.1,000,000
w.3 Security Premium Reserve = Debenture * Premium rate = Rs.1,000,000 * 10% = Rs.100,000
how will you explain a yellow colour to someone who has never seen before??
Answers
Answer:
it is a bright color close to orang but lighter with a tint of white added to orange to make a bright floresent color
Explanation:
Answer:
well, I will explain it like this Yellow is the warm sun while a cool breeze blows on your face. Yellow is exciting without being loud or angry.
Explanation:
Hope this is helpful! Stay safe and God Bless you:)
if robin strait earns $104,000/year, worked 44 hours during a recent week, and earns overtime wages that are 1.5 times greater than her regular wages, what would her gross earnings be for the week?
Answers
Robin Strait's gross earnings for the week would be $2,500, considering her regular wages based on her annual salary and any overtime wages earned.
To calculate Robin Strait's gross earnings for the week, we need to consider her regular wages and any overtime wages she may have earned.
First, let's determine Robin's regular wages for the week. Since she earns $104,000 per year, we can calculate her regular hourly rate as follows:
Regular Hourly Rate = Annual Salary / (Number of weeks per year * Number of hours per week)
Regular Hourly Rate = $104,000 / (52 weeks * 44 hours) = $50 per hour
Next, let's calculate her gross earnings for the week, including overtime:
Regular Earnings = Regular Hourly Rate * Number of regular hours worked
Regular Earnings = $50/hour * 44 hours = $2,200
Overtime Earnings = Regular Hourly Rate * Overtime Multiplier * Number of overtime hours worked
Overtime Earnings = $50/hour * 1.5 * (Number of hours over 44)
Since we don't have the specific number of overtime hours worked, let's assume Robin worked 4 hours of overtime for this calculation:
Overtime Earnings = $50/hour * 1.5 * 4 hours = $300
Total Gross Earnings = Regular Earnings + Overtime Earnings
Total Gross Earnings = $2,200 + $300 = $2,500
Therefore, Robin Strait's gross earnings for the week would be $2,500.
learn more about "earnings ":- https://brainly.com/question/30157678
#SPJ11
In order from beginning to end, the major steps in the SDLC are:
A) systems analysis/planning; systems design; building the system; testing; and implementation.
B) systems design; testing; building the system; and implementation.
C) systems analysis/planning; systems design; building the system; implementation; and testing.
D) systems analysis/planning; implementation; building the system; and testing.
Answers
The correct order of the major steps in the Systems Development Life Cycle (SDLC) is: OPTION A) systems analysis/planning; systems design; building the system; testing; and implementation.
The SDLC is a structured approach to developing and implementing information systems. It consists of several sequential phases that guide the development process from the initial planning and analysis stage to the final implementation and maintenance of the system. The correct order of the steps is as follows:
Systems analysis/planning: This phase involves gathering requirements, analyzing existing systems, identifying problems or opportunities, and defining the objectives and scope of the new system.
Systems design: In this phase, the detailed design of the new system is created. It includes designing the system architecture, database structure, user interfaces, and other system components.
Building the system: Also known as the development phase, this step involves coding, programming, and building the actual system based on the design specifications.
Testing: Once the system is built, it undergoes testing to ensure that it functions as intended, meets the requirements, and is free from errors or bugs. Testing includes various types such as unit testing, integration testing, system testing, and user acceptance testing.
Implementation: The final step is the implementation of the system, which involves deploying it in the production environment and making it available to the end-users. This includes data migration, training, and transition from the old system to the new one.
Therefore, option A is the correct sequence of steps in the SDLC.
To know more about SDLC refer to-
https://brainly.com/question/14096725
#SPJ11
Magazines make most of their money from?
Answers
Answer:
advertisers
Explanation:
There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.
Who is advertiser?An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.
Therefore, advertiser advertises the content to the public to publish any information.
Learn more about the advertiser, refer to:
https://brainly.com/question/16257206
#SPJ2
In trading account freight belongs to which side debit or credit?
Answers
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
Seal Polymer Industries (SPI) sold two freight containers of latex gloves to Med-Express, Inc., a company based in North Carolina. When Med-Express failed to pay the $104,000 owed for the gloves, Seal Polymer sued in an Illinois court and obtained a judgment against Med-Express. Med-Express argued that it did not have minimum contacts with Illinois and therefore the Illinois judgment based on personal jurisdiction was invalid. Med-Express stated that it was incorporated under North Carolina law, had its principal place of business in North Carolina, and therefore had no minimum contacts with Illinois. Can SPI sue Med-Express in an Illinois court? Why or why not? Which statute (rule) applies here? Be specific, as there is a right answer here.
Answers
Answer:
Can SPI sue Med-Express in an Illinois court? Why or why not? Which statute (rule) applies here?
Yes, SPI can sue Med-Express in an Illinois court due to the minimum contacts doctrine. This is an actual court case that the North Carolina Court of Appeals ruled in favor of SPI. The minimum contacts rule states that in order for a business to be sued in another jurisdiction it must have maintained minimum contacts with residents of that state. Minimum contacts may include making business with individuals or companies that reside in the other state, visiting the other state or incorporating in the other state. In this case, Med-Express made business with SPI, and SPI is a resident of Illinois.
Yes, Seal Polymer Industries (SPI) can sue Med-Express in an Illinois court under the condition of minimum contact rule, as Med-Express has traded with SPI earlier which is a minimum contact.
What was SPI and Med-Express case in Illinois courts?Med-Express purchased two freight containers of latex gloves from Seal polymer industries and did not paid the amount for that. SPI sued Med-Express, in the Illinois court and asked for the recovery of its money.
Seal polymer industries can sue Mid-Express in the Illinois courts itself under the minimum contact condition of Minimum contact doctrine as they have traded before.
Therefore, Yes, the Seal polymer industries can sue Mid-Express in the Illinois court under the minimum contact rule.
Learn more about the Illinois court case, here,
https://brainly.com/question/7989993
Unlike estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, what will smaller firms probably need to rely on to help to distribute their products?.
Answers
If estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, the smaller firms will need to rely Supply chain intermediaries to help to distribute their products.
What is Supply chain intermediaries?Supply chain intermediaries can be defined as a channel through which goods produced by a company get to the end or final user. The supply chain intermediaries tend to stand as a link that help to distribute goods to the consumer.
Supply chain intermediaries play an important role as without them goods will not get to the consumer based on the fact that they act as a facilitator who help to facilitate the movement of goods from the manufacturer to the user.
Therefore the company have to rely on Supply chain intermediaries to help distribute their product.
Learn more about Supply chain intermediaries here:https://brainly.com/question/15243044
#SPJ1
Can't we run a business without training?
Answers
yes definitely.......
Which level of government funds the health care available to Native American tribes and Alaskan Natives
OA. state
OB. federal
OC. local
O D. tribal
Answers
Answer:
Explanation:
The Federal Government
Part I
The Scenario:
When the day begins, Mary has $70 in her checking account, and she has overdraft protection
Before work she buys her cousin a round trip bus fare for $10 using her debit card
She then uses the card to get gas in her car for $60
Then she buys groceries with a check of $70.
Then she uses her debit card to buy a $2 coffee
Then she goes to buy a donut for $1 using her card
Finally, she finishes out the day with some shopping to buy new makeup for $30 using her debit card at the store
Compare ABC bank and XYZ bank when
ABC charges $37 overdraft transactions up to 3 a day, no reorder of transactions
XYZ charges $33 overdraft transactions up to 6 a day and reordering transactions from higher to low
Find Balance at the end of the day with each bank
Mary’s balance with ABC bank is ______________
Mary’s balance with XYZ bank is ______-__________
Which bank do you recommend for Mary?________________
Which bank would you choose and why?__________________
Need answers ASAP please it would be greatly appriciated
Answers
Answer:
do u still need
Explanation:
Suppose that business travelers and vacationers have the following demand for airline
tickets from Los Angeles to San Francisco:
Price
$150
$200
$250
$300
Quantity Demanded
(business travelers)
35,000
30,000
26,000
20,000
Quantity Demanded
(vacationers)
25,000
21,000
14,500
11,000
1. As the price of tickets rises from $200 to $250, what is the price elasticity for both
(a) business travelers and (b) vacationers ?
2. Why might vacationers have a different elasticity than business travelers?
3. What would be the Exact Quantity Demanded and change in Total Revenue if the
Airlines Change the Price for Business Travelers from $200 to $230?
Answers
next, state the topic you selected, why you selected it, and how you narrowed the topic to a specific issue after conducting research
Answers
Hey guys, there were too many words to fit in here but I provided a link to the answers :).
Hello!!
I recently completed this activity and was asking the same question!
I got help from the another brainly user ( rcurrin2005 )that answered this question (thank you so much, btw!!) and created a PDF with his answers and I thought I would too!
Now remember, do not plagiarise! I hope it helps! Have a great day and good luck!
if you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a(n) _______ value.
Multiple choice question.
a. idealistic
b. present
c. future
d. past
Answers
The correct option is B. If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a present value.
The correct option is B. In finance, the present value is the value today of a future amount of money, given a specified rate of return. It represents the amount of money that would need to be invested today, at a given rate of interest, in order to accumulate a certain amount of money in the future.
In the given scenario, if we want to have $4,000 in five years, we need to find the present value that we should invest today to achieve this goal. The rate of return, or interest rate, is 12 percent compounded annually. Using a present value formula or a financial calculator, we can determine that the present value we need to invest today is approximately $2,360.
This means that if we invest $2,360 today at a 12 percent annual interest rate, we will have $4,000 in five years. The present value is an important concept in finance, as it allows us to compare the value of money at different points in time and make informed investment decisions.
Learn more about "interest rate" here:
https://brainly.com/question/13324776
#SPJ11
Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.
Answers
If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.
The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.
Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.
Learn more about carrier liable here:
https://brainly.com/question/26487452
#SPJ6
Probably the full options are:
The airline carrier is liable.The buyer is liable.Identify three users of Business Plans. For each user, write a sentence to explain why the business would engage with that user.
Answers
The three users of Business Plans are investors, lenders, and internal stakeholders. Investors engage with business plans to assess the potential return on investment and evaluate the feasibility of the business. Lenders use business plans to evaluate the creditworthiness of the business and determine the risk associated with providing financial assistance. Internal stakeholders, such as managers and employees, engage with business plans to align their actions with the business goals and objectives.
Investors play a crucial role in providing the for a business to start or grow. When considering investing in a business, they need to assess the potential return on investment and the overall feasibility of the venture.
A well-developed business plan provides them with a comprehensive understanding of the business model, market analysis, financial projections, and growth strategies. By engaging with the business plan, investors can make informed decisions and determine whether the business aligns with their investment criteria.
Lenders, such as banks or financial institutions, evaluate the creditworthiness of a business before extending financial assistance. A business plan allows lenders to assess the business's ability to repay the loan by examining factors such as cash flow projections, revenue streams, and collateral.
Lenders need to understand the risks associated with lending money to the business and determine the likelihood of loan default. By engaging with the business plan, lenders can make informed decisions regarding the loan amount, interest rates, and terms of repayment.
Internal stakeholders, including managers and employees, engage with business plans to gain clarity on the business's goals, strategies, and direction. A business plan serves as a roadmap that outlines the objectives, target market, competitive analysis, and operational plans. By aligning their actions with the business plan, internal stakeholders can work cohesively towards achieving the business's vision.
The business plan provides a framework for decision-making, resource allocation, and performance evaluation, ensuring that everyone is on the same page and working towards a common goal.
Learn more about: Business Plans
brainly.com/question/15826604
#SPJ11
Reg borrows funds from suburban bank secured by reg’s house. Reg defaults on the debt. The bank’s options include?
Answers
The bank's options include foreclosure and pursuing legal action. When Reg defaults on the debt secured by their house, the bank has several options to recover the funds owed. Two common options are foreclosure and pursuing legal action.
Foreclosure is the process by which the bank takes possession of the property and sells it to recover the outstanding debt. This allows the bank to recover the funds by selling the house to a new buyer. In addition to foreclosure, the bank can also choose to pursue legal action against Reg. This involves taking the matter to court and seeking a judgment to collect the debt. The bank may also try to place a lien on other assets owned by Reg in order to secure repayment.
It's important to note that the specific options available to the bank may vary depending on the terms of the loan agreement and local laws. It is advisable for Reg to consult with a legal professional for guidance specific to their situation.
To know more about foreclosure visit:
https://brainly.com/question/33453630
#SPJ11
What is a mutual fund
Answers
Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.
Explanation:
Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who then makes the pelts into hats to sell. A year into their contract, it becomes illegal to buy or sell beaver pelts in the U.S.
Answers
Answer: Contract is voided
Explanation:
From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.
We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.
A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.