Explain the process of borrowing money. Include terms like debt, credit, collateral, and repossess

Answers

Answer 1

Borrowing money is the process of obtaining funds from a lender, typically a financial institution such as a bank or credit union. The borrower agrees to pay back the money, along with interest, over a specified period of time.

When discussing borrowing money, the terms "debt" and "credit" are frequently used interchangeably, but they actually have slightly different meanings. Credit is the ability to obtain a loan or other form of credit, whereas debt is the total amount of money that a borrower owes to a lender.

The lender will typically request some kind of collateral when a borrower applies for a loan to serve as security for the loan. A piece of property that the lender can seize and sell if the borrower is unable to make loan payments is known as collateral. This ensures that, in the event of a default, the lender will be able to recoup their investment.

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Related Questions

Describe the motivation behind the assassination of Archduke Francis Ferdinand. Was it done with the desire of starting a war?

Answers

The intentions of the assassin who killed the Archduke did not included starting a massive war. The assassin was a member of a Serbian terrorists organization that wanted Austria-hunger to give up Bosnia so it could join the Serbian Kingdom.

Why did the founders create a government that did not give all power to one branch or person

Answers

Answer:

This is called checks and balances

Explanation:

They split up power to different branches so they wouldn't have a problem with a person having to much power over other branches

Is karma true

Those that hurt or mistreat us, do they get it back tenfold?

give me examples please

Answers

Life has a way of paying you back. If you do good deeds, that will come back to you in a thousand ways too.

Likewise abusers do get pay back. Let me give you some examples:

Ending up in prison.

People avoiding the abuser at all costs.

Even their looks change. When you do evil every single day, your looks will start to deteriorate and your face will start showing how toxic you really are.

Humiliated through being exposed. Normally these people have a huge ego and they won’t like it at all.

People becoming smarter and realizing who they are dealing with.

When you become evil, you cannot experience love, real love nor happiness. Nature pays you back.

How many vice presidents have gone on to become president?.

Answers

Answer:

Fifteen former vice presidents have gone on to become president themselves.

Which was not a problem with the Articles of Confederation?
A)no national currency
B)enforce laws
C)no national court system
D)could notestablish a strong army

Answers

Answer:

B

Explanation:

hope this helps :)

I need to know which word is spelled correctly

Answers

um which word, i don’t see any.?

Positive impacts of living near a mountain

Answers

Fresh air. studies have shown that living in higher elevations can have positive health benefits, such as improved cardiovascular health, weight loss, and longevity of life.

________________________ 1. defense agreements among nations

Answers

Answer:

alliance system

yan ang sagot thank me later

who else just be scrolling through brainly an see some wierd questions or summ

Answers

Answer:

Hello welcome to brainly.

Explanation:

Sometimes actually use the website for what it is for. Some people just post things you shouldn't be posting like google meet links and asking inappropriate questions. Hopefully only the first happens.

Answer:

Yeah  and I came to ask for help nut nobody answrs anymore and if i offer 100 points they just spam

anywyaas thats a hard social studies question

1. Merchandise inventory is classified as non-current assets in the balance sheet.

Answers

The statement "Merchandise inventory is classified as non-current assets in the balance sheet" is false.

Merchandise inventory is classified as a current asset in the balance sheet.

A merchandise inventory refers to a company's unsold products.

This consists of the inventory of completed goods awaiting distribution, raw materials for manufacturing goods, and work-in-progress goods.

Merchandise inventory is classified as a current asset in the balance sheet because it is anticipated to be transformed into cash or used up within one year or one operating cycle, whichever is longer.

A current asset is an asset that is anticipated to be transformed into cash within one year or one operating cycle, whichever is longer.

Inventory is a current asset since it is expected to be turned into cash through the sale of merchandise.

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Final answer:

Merchandise inventory is classified as a current asset, not a non-current asset, on the balance sheet. It represents the goods a business expects to sell within the fiscal year.

Explanation:

No, merchandise inventory is not classified as non-current assets on the balance sheet. Rather, it is classified as a current asset. Current assets are resources that are expected to be sold or otherwise used within one fiscal year or one operating cycle, whichever is longer.

For example, merchandise inventory refers to the goods that a business has produced or purchased and aims to sell. These goods are sitting in warehouses and on shelves are thus considered part of the business's current assets because they are anticipated to be sold within the next year. Hence, the amount of inventories will rise or decline depending on how well the business is doing. If business is better than expected, there would be a decrease in inventory as products move off the shelves and if it is worse than expected, there would be an increase in unsold inventories..

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What are some positive things that come from taxing citizens

Answers

Rather than making fiscally unsustainable tax cuts permanent, let us remember that taxes are collected for a reason: to provide vital public services such as a strong defense, homeland security, healthcare, retirement and income security, education and training, and disaster relief.

Hope this helps...... Stay safe and have a Merry Christmas!!!!!!!! :D

WhAt is it really like to live off 1 dollar a day

Answers

barely living, you can’t really buy anything for a dollar besides like 2 50 cent honey buns

Well, living off of one dollar a day would be a struggle. You probably can't afford a hotel room or a house. So you would probably sleep on the ground. Depending where you are it would be hard to live like that.

four ways in which participation in exercise programs that promote fitness could help learners overcome the negative emotional effects of discrimination.

Answers

Answer:

why do I frequently see your questions

Explanation:

Participation in exercise programs that promote fitness can help learners overcome the negative emotional effects of discrimination in several ways:

Reducing stress: Exercise is known to reduce stress and anxiety levels in individuals. Discrimination can cause emotional distress, which can negatively impact one's mental and physical health. By participating in exercise programs, learners can reduce their stress levels, which may help alleviate some of the negative emotional effects of discrimination.

Improving mood: Exercise has been shown to improve mood and increase feelings of happiness and well-being. Discrimination can cause feelings of sadness, anger, and frustration, which can lead to depression and other mental health issues. By participating in exercise programs, learners can improve their mood and increase their overall sense of well-being, which can help counteract the negative emotional effects of discrimination.

Boosting self-esteem: Discrimination can cause individuals to feel inferior and can negatively impact their self-esteem. Exercise has been shown to improve self-esteem and body image, which can help learners feel more confident and positive about themselves. By participating in exercise programs, learners can boost their self-esteem and overcome some of the negative emotional effects of discrimination.

Building social connections: Discrimination can lead to feelings of isolation and loneliness. Exercise programs that promote fitness often involve group activities, which can help learners build social connections and foster a sense of community. By participating in exercise programs and building social connections, learners can combat the negative emotional effects of discrimination and feel more connected to others.

simple quastions

he l p?

simple quastionshe l p?
simple quastionshe l p?

Answers

Answer:

Q1. Line drawings of things i guess

Q2. One person in the market of markets

Q3. True

Explanation:

all these are probably wrong im sorry i tried at least

what research type used when a researcher wants to explore the behavior of an individual or group of individuals to better understand unusual or atypical behaviors?

Answers

When a researcher wants to explore the behavior of an individual or group of individuals to better understand unusual or atypical behaviors, they use case study research.

What is case study research?A case study is a research approach that focuses on a single individual, group, or event to gain an understanding of the complexity of the problem in a given context (Stake, 1995). This research method is frequently used in social sciences, particularly psychology, sociology, anthropology, and education, and in health sciences as well.

Case study research aims to examine the behaviour of a small group of people and thus does not aim to be representative of a larger population. Case studies are often employed when it is not possible to perform an experiment or study a large group due to cost, time, or ethical considerations.

Hence, case study research is useful when a researcher wants to explore the behavior of an individual or group of individuals to better understand unusual or atypical behaviors.

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You are probably familiar with tiltles that historians have given to specific periods in history such as Pax Romans, the Renaissance, and the victorian Era. What title would you give each of the three periods of U.S Enviromental policy. Explain your choices.

Answers

The titles that can be given the the three periods of U.S Environmental policy are Western Expansion era, Reactive era, and the Public Awareness Era.

What were the three periods of U.S Environmental policy?

The first period was between the 1780s and the late 1800s and the environmental policy then was that the resources in the West were limitless and did not need much protection. This can be called the Western Expansion era.

The second era from the late 1800s to the mid-1900s were meant to protect the resources in the West which were now seen as limited. These policies were reactive to issues so they can be called the Reactive Era.

In the Public Awareness era, most Americans became concerned by the bad air and dirty water they were exposed to and called for more environmental protection.

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Please select the word from the list that best fits the definition

an early Christian leader who helped set up churches

Choices-
Parable, salvation, apostle, resurrection, disciple

Answers

Answer:

The answe is Apostle

Explanation:

Answer: The answer is Apostle

Explanation:Hope this helped

What are the summers like in the great plains of Europe? hot cold cool warm

Answers

Answer:

The summers are seasonably warm, just like most places in the summertime.

Explanation:

The Great Plains of Europe have a pretty average climate. It's very similar to and can be compared to North America. The summers are seasonably warm, and the winters tend to be seasonably  cold.

Answer:

i'm super duper duper late for this but i belive the answer your looking for is warm

Explanation:

Background You are the mediator of negotiation process. You arrive at the venue about 30 minutes early for the start time. What will you do to ensure the environment is as good as it can be for the parties? The parties arrive and there is an additional person who no one told you would be coming. How will you manage the situation? Describe the approach yo would take to help you discover if this would be important or not for the process, after reading the approaches of your classmates.

Answers

To ensure a conducive environment, I would check the seating arrangement, lighting, and temperature. Upon discovering the unexpected attendee, I would politely inquire about their presence and assess their role in the negotiation, ensuring their involvement aligns with the objectives of the process.

To ensure a favorable environment for the negotiation, I would take the following steps:

Arranging the venue: I would arrive early to check the seating arrangement, ensuring it promotes a sense of equality and fairness among the parties. I would also consider factors like lighting, temperature, and any potential distractions that could hinder the negotiation process.Preparing necessary materials: I would ensure that all the required materials, such as negotiation documents, relevant information, and any visual aids, are prepared and organized for easy access during the negotiation.Welcoming the parties: As the parties arrive, I would greet them warmly and make them feel comfortable. I would offer refreshments and provide a brief overview of the agenda for the negotiation, setting the tone for a constructive discussion.

Regarding the unexpected additional person, I would manage the situation as follows:

Inquiring politely: I would approach the person and politely inquire about their presence. I would ask if they have any connection to the negotiation or if they are there on behalf of one of the parties.Assessing their role: Based on their response, I would assess the relevance of their presence to the negotiation process. If their involvement seems important, I would ask for more information about their role and the purpose of their attendance.Consulting the parties: I would then consult with the original parties involved in the negotiation to discuss the unexpected attendee's participation. Their input would help me evaluate whether this additional person's presence would have an impact on the negotiation process or if it can be accommodated without compromising the proceedings.

By following these steps, I would ensure a conducive environment for the negotiation while effectively managing the situation with the unexpected additional person.

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type of force that holds the nucleus of an atom
together

Answers

Answer:

The strong nuclear force

Explanation:

The strong nuclear force pulls together protons and neutrons in the nucleus. At very small distances only, such as those inside the nucleus, this strong force overcomes the electromagnetic force, and prevents the electrical repulsion of protons from blowing the nucleus apart.

According to "Unions, Norms, and the Rise of U.S. Wage Inequality by Bruce Western and Jake Rosenfeld, unions primarily:
Increased non-union wage equality due to the threat effect and buttressing norms of fair pay
Increased inequality between union and non-union workers due to the spillover effect and the monopoly power of the union
O Decreased non-union wages through the spillover effect
Increased non-union employment due to the threat effect
O Increased employment levels for union workers through central bargaining and arbitration
D
Question 10
2 pts
In Claudia Goldin and Lawrence Katz's paper "The power of the pill: Oral contraceptives and women's career and marriage decisions," in the Journal of Political Economy, what variation in pill availability did the authors use to identify its effects on professional education and marriage age?
Across U.S. states for older married women
Across U.S. states for younger, unmarried women
Across income groups for younger, unmarried women
Across income groups for older married women
Across countries

Answers

According to "Unions, Norms, and the Rise of U.S. Wage Inequality by Bruce Western and Jake Rosenfeld, unions primarily: Increased non-union wage equality due to the threat effect and buttressing norms of fair pay. Across U.S. states for younger, unmarried women authors use to identify its effects on professional education and marriage age.

The unbalanced or distorted circulation of assets, wealth, open doors and financial benefits between different populations or  classes of money is called economic imbalance. Economic inequality  today takes many forms, including those that  result from;

Some individuals or groups get astronomically high salaries even when the economy is in  complete disarray and needs a boost. The second meeting always demands a salary increase absolutely lower than that of the political class. Buying is not  as important as what matters.

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Although Vikram Patel mainly focuses on how the SUNDAR model assists underdeveloped and developing countries, he states that his model would also be empowering in more developed countries. What does he mean by empowering? How does his idea offer empowerment to the community?

Answers

Answer:

SUNDAR model is an approach to build a collaborative heath care that integrates mental health and routine healthcare platforms.

Explanation:

Empowering in the model means giving power or support for a greater cause. The model states the idea of collaboration and collective functioning that is working together and attaining strength with the help of partnership and equally developing nations around the world.

Please help brainly team

Did the Tea Act lead to the American Revolution?

Answers

Yes.

The Tea Act led directly to a protest now called the Boston Tea Party and it was one of the things that led to the American Revolution.

Why did the Declaration of Independence increase Americans’ motivation to fight and win the war?

Answers

Answer:

The establishment of a written form of what the colonies wanted sort of sealed the deal and gave them more hope for an independent nation

Explanation:

With the very to the point and distinctly written establishment of the Declaration of Independence, the American colonies were basically telling King George III that they were tired of his mistreatment and that this was what they needed in order to even consider remaining a part of England. In doing this, it increased the motivations of Americans to fight because this was what they had been waiting for, and in that Declaration being made clear to the King they didn't really have anything to lose. In addition to this, the Americas were sorta split between the older colonists who wanted to remain a part of Britain and the younger generation that wanted to fight for their freedoms. The Declaration of Independence definitely lowered any chance of the older colonists remaining a part of England without being looked at as one of the Patriots.

The peace treaty recognized the 13 states' independence, freedom, and sovereignty, and granted them the much-coveted territory west of the Mississippi, as well as establishing the nation's northern boundary nearly as it is now.

Why was the Declaration of Independence important to the American Revolution war effort?

The document was read to the army by General George Washington, and its ringing sentences boosted morale among his troops. The Declaration of Independence helped to unite the colonies so that they could fight together rather than separately with Britain.

The breadth of popular support for the Revolution was perhaps the single most important reason for the patriot victory. The Revolution would have failed miserably if thousands of ordinary farmers, artisans, and laborers had not put themselves in harm's way.

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How are corporations organized ? And how can they grow and expand ?

Answers

Answer:

Corporations can have many structures, but the most standard structure consists of the (1) board of directors, (2) officers, (3) employees, and (4) shareholders or owners. There is no limit — your corporation can have as many as are desirable or expedient to do business.

Explanation:

How to Grow Your Corporation

Maximize your existing market. ...

Request referrals. ...

Develop new uses for your product or service. ...

Expand your market reach. ...

Participate in conventions and trade shows. ...

Take over a niche market. ...

Lower your costs. ...

Diversify your offerings.

according to authoritarian leadership, . group of answer choices leaders should encourage communication among group members leaders need to exert influence and control over group members subordinates need direction leaders need to exert influence and control over group members and subordinates need direction

Answers

According to authoritarian leadership, leaders need to exert influence and control over group members and subordinates need direction. This leadership style emphasizes strict hierarchy and centralized decision-making. It does not prioritize communication among group members.

Authoritarian leadership is characterized by leaders who have full control over decision-making and have the final say in all matters. They provide clear instructions and expect strict compliance from their subordinates. This style can be effective in certain situations where quick decisions need to be made or when dealing with a crisis. However, it can also lead to a lack of creativity, initiative, and motivation among team members.

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Decision makers examine the _____ values of their choices. These values are based on what they think will happen.

Answers

Decision makers examine the expected values of their choices. These values are based on what they think will happen.

Psychology defines decision-making, which may also be written as decision-making or decision-making, as the cognitive process that leads to the choice of a belief or a plan of action from among a number of potential alternative possibilities. It could be unreasonable or rational, depending. The process of creating decisions is a form of reasoning that is predicated on the values, preferences, and beliefs of the decision-maker. Every process of decision-making results in a final conclusion, which may or may not lead to action.

Making decisions can be seen as a problem-solving process that results in an optimal, or at least acceptable, answer. Consequently, it is a process that might be more or less reasonable or irrational and that can be founded on overt or covert facts and ideas.

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dr. hamilton is performing surgery on kinsley and is very concerned about how the surgery will affect her ability to form new memories. this is because the surgery is near kinsley's:

Answers

'Dr. Hamilton is performing surgery on Kinsley and is very concerned about how the surgery will affect her ability to form new memories. this is because the surgery is near Kinsley's hippocampus.

The hippocampus is a complex brain structure deeply embedded in the temporal lobe. It plays an important role in learning and memory. It is a plastic, fragile structure that is damaged by various stimuli. Studies have shown that it is also involved in various neurological and psychiatric disorders.

The hippocampus is primarily responsible for storing long-term memories and protecting those memories from forgetting. believed to be involved, but this is controversial. It is also believed to play an important role in spatial processing and navigation.

Located in the medial temporal lobe and connected to the amygdala, the hippocampus controls emotional memory retrieval and regulation (Schumacher et al., 2018). Increased functional connectivity with the anterior cingulate gyrus or amygdala during emotional regulation and retrieval of positive memories.

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Choose the word or phrase that best answers each question. Which city is located in southern Africa? What country is the city of Cairo located in? Which country in Africa is an island?.

Answers

The city located in southern Africa is Johannesburg. The city of Cairo is located in the country of Egypt. The country in Africa that is an island is Madagascar.

Madagascar is a country located off the eastern coast of Africa. It is the fourth-largest island in the world and is situated in the Indian Ocean. The country is known for its unique wildlife, diverse ecosystems, and rich cultural heritage. The island of Madagascar has a distinct identity and is often referred to as the "eighth continent" due to its isolation and remarkable biodiversity.

With its stunning landscapes and endemic species, Madagascar attracts visitors from around the globe, offering a glimpse into a world unlike anywhere else in Africa.

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Which form of financial aid is often dependent on where you live?
A_ work-study programs
B_ private loans
C_ federal loans
D_ state grants

Answers

Answer:

state grant

Explanation:

Other Questions
Suppose the selling price of one-month forward Japanese yens is $0.010499 per yen, and the spot price is $0.010495 per yen. Complete the following formula for the per annum percentage premium (or discount) to calculate what the yen is worth in the one-month forward market. please analyze and calculate the parameters of the pico-hydro scheme system with the raw data . calculate all the parameters (power input,nozzle flow rate ,velocity of the flow,speed, efficiency, losses,diameter. calculate all the parameters. Place these events in order by determining whether they occurred first, second, or third.Event1.Spanish colonists resettle in Havana2.Acadians expelled3.French surrender Canada The iclicker student response system operates at a frequency of approximately 900 MHz (900x10^6 Hz). What is the approximate wavelength of the EM wave produced by the iclicker? 4. How did Poe differ from other writers of his era? 38. according to the current aha guidelines how many milliliters of tidal volume should you deliver via bvm to an adult patient who is apneic? Wallace's "flying frog" can glide through the air through the tree canopy by using its webbed feet. This saves the effort of making its way down to the forest floor and climbing up another tree. This capability is an excellent example of... yann and camille go to a restaurant. if there are $10$ items on the menu, and each orders one dish, how many different combinations of meals can yann and camille order if they refuse to order the same dish? (it does matter who orders what---yann ordering chicken and camille ordering fish is different from yann ordering fish and camille ordering chicken.) if you are given a piece of dna that is 600 base pairs long and asked to perform 20 cycles of pcr. how many base pairs of dna will you have at the end of your pcr? What is the name of the tool is used to find a specific wire from one location to another remote location (another office)? A) Butt set B) AMP tool C) Punch-down tool D) Toner probe Two organisms with striped fur mate and produce offspring. Three of the offspring have striped fur but one has no stripes. The non-striped coat is probably what type of trait? What are some examples of presenting effectively? Study the information given below and answer each of the following questions independently Calculate the total Marginal Income and Net Profit/Loss if all the tables are sold. Use the marginal income ratio to calculate the break-even value. Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense by R100 000 is expected to increase sales by 400 units. 3.2 3.4 3.1 3.3 1 How many units must be sold if the company wishes to earn a net profit of R298 920. Based on the expected sales volume of 2 400 units, determine the sales price per unit (expressed in rands and cents) that will enable the company to break even. INFORMATION Total production and sales Selling price per table Samcor Limited manufactures tables. The following information was extracted from the budget for the year endem June 2022 Variable manufacturing costs per table: Direct material Direct labour Overheads Fixed manufacturing overheads Other costs: Fixed marketing and administrative costs Sales commission 2 400 units R1 200 R288 R192 R96 5% R216 960 R144 000 (4 (4 (4 m Mike has $75 to spend at a local model car show the entrance price for the show is $20 at one seller stand Mike find a model cars I like that and $7.50 each what is the maximum number of model cars that Mike can buy the stand Population 1 is Normally distributed with a mean of 40 and a standard deviation of 4, and population 2 is Normally distributed with a mean of 25 and a standard deviation of 7. Suppose we select independent SRSs of n1 = 100 and n2 = 85 from population 1 and 2 respectively. Which of the following are the values of the mean and the standard deviation of the sampling distribution of x1-x2 ? In rabbits, black fur is dominant to white fur. As a rabbit breeder, you crossed a BB male with a Bb female, please complete the Punnett square for the possible genotypes of the offspring. Then complete, the percent chance for the phenotypes of the offspring. Fill in all blanks ( _________ ) 1-10. .............................................................................. ________ ________ . offspring 1 offspring 2 . _______ ________ ________ . offspring 3 offspring 4 ._______ ________ ________ ...............................................................................% Black ___ % White ___ Quantum units of information deploy the properties of entanglement and ____ to offer exponentially greater computing power. an isolated black hole in empty intergalactic space would be difficult to detect because 1.What is involved with the describe step of critiquing? 2.How is the analyze step of critiquing done? 3.What does it mean to interpret while critiquing? 4.Briefly describe what is involved with the evaluate step of critiquing. 5.What is a self-critique? HELP PLEASE!! NO LINKS , ILL GIVE BRAINLIEST