A loan offered at a rate above the normal rate, due to the borrower's low credit rating, is known as what?
A. Subprime
B. Lien
C. Bankruptcy
D. Prime
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A loan offered at a rate above the normal rate, due to the borrower's low credit rating, is known as what? A. Subprime B. Lien C. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When assessing the reliability of a measure, one might be interested in knowing how scores on the measure at one time relate to scores on the same measure at another time. This refers to: A. correlation coefficient. B. test-retest reliability. C.
Answers (1)
Use the following information. Pay employee salaries of $590 by issuing checks. Purchase computer equipment of $990 using a credit card. Pay for maintenance of $390 for a company vehicle using a debit card. Record the above transactions.
Answers (1)
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized.
Answers (1)
An organization's decision to hire for an open position is in the: Question 28 options: a) domain of free choice. b) domain of ethics. c) domain of compensatory justice. d) domain of codified law. e) domain of social responsibility
Answers (2)
The U. S.-Japaneses agreement in 1981 to limit imports of small Japanese cars to the U. S. a. cost the U. S. consumer an extra $660 or so per Japanese import purchased b. resulted in losses to the Japanese auto industry c. did not save any U. S.
Answers (1)
New Questions in Business
Which education level has the highest return on investment (ROI)
Answers (1)
Assume that the money demand function is (M / P) d = 2,200 - 200r, where r is the interest rate in percent. If the price level is fixed at P=2, and the Fed wants to fix the interest rate at 7 percent, it should set the money supply at:
Answers (1)
On August 2, 2013, Jun Co. receives a $6,000, 90-day, 12% note from customer Ryan Albany as payment on his $6,000 account. 1. Prepare the journal entry assuming the note is honored by the customer on October 31, 2013.
Answers (1)
Are schools officials immune from being sued?
Answers (1)
Assume an asset cost $72,800 and has a current book value of $42,760. The asset is sold today for $32,900 cash. The firm's tax rate is 21 percent. As a result of this sale, the firm's net cash flow: 1. will increase by more than $32,900. 2.
Answers (1)