Which of the following things can help you get a lower interest rate when you receive a loan?
A. A low credit score
B. A history of defaulting
C. Using all of your available credit
D. Collateral

Answers

Answer 1

Answer:

D. Collateral

Explanation:

Collateral refers to an asset offered to a lender to secure a loan. Borrowers use properties, motor vehicles, or other valuable items to convince lenders to advance credit facilities. Collateral reduces the risk of lending. If the borrower default, lenders have the option of selling the collateral to recover their money.

Because collateral makes a loan less risky, the interest charged is low. A high-interest rate reflects a high-risk borrower.

Answer 2

Answer:

D. Collateral

Explanation:


Related Questions

Which qualifications are especially useful for Printing Technology careers? Check all that apply.

creativity
physical steadiness and dexterity
technical skills
confidence
problem-solving skills
design skills
communication skills
leadership skills

Answers

Answer:

2357

Explanation:

Physical steadiness and dexterity, technical skills and problem-solving skills Communicating Skills are useful for Printing Technology careers.

What is the meaning of Printing Technology?

Reproducing text and images on paper, usually with ink and printing technology, is known as printing. It is a crucial component of publishing including transaction printing and is frequently carried out like a large-scale industrial operation.

If you'll be printing large volumes of records, a laser printer is the best machine for you. Laser printers can produce high volumes of records daily even without batting an eyelash. Offset printing is one of the main industrial printing methods. Lithography.

We can swiftly and widely disseminate vast volumes of knowledge thanks to printing technology. The printing press is one of the most significant inventions of all time because of how crucial it is.

Learn more about Printing Technology here:

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Monmouth Laboratories, Inc. pays a $3.29 dividend every year and will maintain this policy forever. What price should you pay for one share of common tock

Answers

Answer:

That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends

If I buy 40 shares of Visa stock at a price of $149.58 per share and
the price goes up by $0.47 in one day, what is the percent gain?

Answers

Answer:

use cash

Explanation:

its less confusing.

What career might be your best choice in the following scenario?
Your friends comment that you always listen and believe positive change can happen. They further state that you do not make them feel badly about their decisions and instead, you help find solutions. At the same time, you love to be in schools and you like to teach.

family social worker
community social worker
child care social worker
school social worker

Answers

School social worker
School social worker

Question 2 (1 point)
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales
tax of $2.00, the total should be $11.50. However, when she gets to the checkout,
the total is now $13.00. Which type of tax is Huda MOST likely paying that would
explain the extra $1.50?
estate
excise
inheritance
O income
Question 3 (1 point)

Answers

Excise, it's an extra tax which makes you pay more

Answer:

$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )

is shift work involved for lawyers??

Answers

Answer:

I think so.

Explanation:

This may be depending on the job you have in the Lawyer Occupation, but because they must do different types of work and must go to several different clients, I would say yes. Sorry if this is wrong, but I hope it helps!

As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential. You suddenly get an order to deliver 1,000 shirts at a price of $50 each. You have the entire infrastructure in place, but need $15,000 to procure the fabric and accessories for shirts. How will you raise money to serve this order? How will the answer differ if the business is a sole proprietorship?

Answers

Answer:

A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.

The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.

In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple crocs to $50 each and sold 27 pairs during the month. Does this demonstrate Elastic Demand or Inelastic Demand? ​

Answers

Answer:

Elastic Demand

Explanation:

The term elastic means stretchy or stretching. Elastic demand implies a demand that is changing or moving.

Elastic demand is the term used to describe the demand for a good that changes due to an increase or decrease in prices. A product or service whose demand changes significantly in response to a small change in price is said to have elastic demand.

The scenario described in this case is that of elastic demand. The demand for purple crocs rose from 8 in July to  27 in august. An increase of 19 units, which represents an increase of 237 percent. The increase in demand was a result of a decrease in price from $75 to $50.  The price changes by $25, which is a decline of 33 percent. A drop in price by 33 percent results in a rise in demand by 237 percent is an illustration of elastic demand.

A traditional store selling products

Answers

I’m confused are u asking ?
what is your question?
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