A long-term source of finance which requires the borrower to provide property and land as collateral (security guarantee) to the lender in case the borrower defaults on the loan.
a. Mortgage
b. Consumer Share
c. Loan
d. None of the above
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A long-term source of finance which requires the borrower to provide property and land as collateral (security guarantee) to the lender in ...” 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
Which of the following journal entries is created to adjust for a deferral? A. Unearned Revenue Revenue B. Interest Expense Interest Payable C. Cash Revenue D. Accounts Receivable Unearned Revenue
Answers (1)
Epley Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent. The expected return on the market is 13 percent, and Treasury bills are yielding 6.3 percent.
Answers (1)
You are considering a project in Norway with an initial cost of NKr135,000. The project is expected to return a one-time payment of NKr200,000 at the end of Year 5. The risk-free rate of return is 2.6 percent in the U. S. and 3.1 percent in Norway.
Answers (1)
At what stage of growth is a business profitable, with enough money to reinvest into the company? A. Successful B. Start-up C. Mature D. Stability
Answers (1)
To increase work efficiency and make it easier to match employee competencies with job requirements, companies:a. divide work into more specialized jobs. b. rely on formal hierarchy as a coordinating mechanism. c. rely on a narrow span of control. d.
Answers (1)
New Questions in Business
If you die without a valid will: the federal court decides how the property should be distributed. the IRS confiscates your property. your relatives or friends will get the property. the state's law of descent and distribution becomes your will.
Answers (1)
A service economy is one in which more effort is devoted to the production of goods than to the production of services. a. true b. false
Answers (1)
Alpha Company sold goods to customers who used Under-the-Hill bank credit cards. Credit card sales on July 8, 2016 amounted to $12,000 and were subject to a 2.5% bank fee.
Answers (1)
Osborn Company's unadjusted book balance at June 30, 2014 is $7,800. The company's bank statement reveals bank service charges of $45.
Answers (1)
Which of the following is a correct formula when markup is based on selling price? a Dollar markup X Selling price = Percentage markup b Dollar markup + Percentage markup = Selling price c Dollar markup - divide by-Percentage markup =
Answers (1)