For a closed-end lease, if you return the car and it is worth less than estimated, you pay the difference. true false

Answers

Answer 1

False. For a closed-end lease, also known as a "walk-away lease," the lessee returns the vehicle at the end of the lease term, pays any end-of-lease fees and charges for excess wear and tear, and owes nothing more.

The residual value of the vehicle, which is the estimated value of the car at the end of the lease term, is predetermined and agreed upon in the lease contract. If the actual value of the car is lower than the residual value, it is the leasing company's responsibility to bear the loss, not the lessee's. Therefore, the lessee does not pay the difference if the car is worth less than estimated.

In contrast, for an open-end lease, the lessee is responsible for the difference between the residual value and the actual value of the car when the lease ends, which is known as the "residual value shortfall." However, open-end leases are typically used for commercial purposes and are less common than closed-end leases used by consumers.

learn more about residual value shortfall here:

https://brainly.com/question/27864993

#SPJ11


Related Questions

What are the six basic step of the problem solving process?

Answers

Answer:

Step 1: Identify and define the problem.

Step 2: Generate possible solutions.

Step 3: Evaluate alternatives.

Step 4: Decide on a solution.

Step 5: Implement the solution.

Step 6: Evaluate the outcome.

Answer:

First step: You must identify AND define the problem.

Second Step: You must generate, or brainstorm, possible solutions to your problem.

Third Step: Evaluate your alternatives.

Fourth Step: You must decide on a solution.

Fifth Step: Implement the solution of your choice.

Sixth Step: Finally, evaluate the outcome.

Why would a person change their business status to a LLC?

A. To gain tax breaks

B. To limit their personal liability

C. To help obtain funding through the sale of stock

D. Because it is the easiest form for setting up your business

Answers

Answer:

A) to gain tax breaks

Explanation:

A common reason for changing a co. to an LLC is to avoid double taxation

A should be correct

tourism windfalls for mega events are often overstated – during the 2006 world cup in germany, despite large numbers of visitors (in line with expectations), hotel occupancy rates during the world cup actually dropped.

Answers

Tourism windfalls for mega events are often overstated, as seen during the 2006 World Cup in Germany. overstatement of tourism windfalls for mega events, specifically citing the example of the 2006 World Cup in Germany where hotel occupancy rates dropped despite large numbers of visitors.

Tourism windfalls for mega events are often overstated, as seen during the 2006 World Cup in Germany. Despite the expected large numbers of visitors, hotel occupancy rates actually dropped. This indicates that the initial projections and expectations regarding the boost in tourism were not met. There could be various reasons for this, such as high hotel prices, inadequate marketing strategies, or alternative accommodation options chosen by visitors. The drop in hotel occupancy rates during the World Cup suggests that the actual impact of mega events on tourism might not always align with optimistic predictions.

Learn more about windfalls at

brainly.com/question/33249641

#SPJ11

Which of the following are signs of a person being in credit distress?
A. Writing a check to make debt repayment
B. Making all debt repayments in full
C. Only making minimum payments on credit cards each month
D. Paying-off an automobile loan 12 months early

Answers

I think the answer is C

Only making minimum payments on credit cards each month.

What's a distressed borrower?

A distressed borrower is a borrower who is unable to completely repay their debt on time, due to economic difficulties. A distressed borrower can be both someone or an enterprise whose profits fall because of unexpected circumstances.

What takes place in monetary distress?

Monetary misery is a condition wherein an agency or man or woman can not generate sufficient revenues or profits, making it unable to fulfill or pay its monetary obligations. That is generally because of high fixed costs, a big diploma of illiquid property, or sales sensitive to financial downturns.

Learn more about credit distress here: https://brainly.com/question/25699499

#SPJ2

Can someone help me ?

Can someone help me ?

Answers

Answer:

Explanation:

most like to live in : north korea

why ? i would would most like to live here because of the culture and food and the many places to see also because i've always wanted to see the different animals there and compare them from the ones where i'm from .

least like to live in : new zealand

because there winters are a negative -10c and im not for cold weather which is why i would rather not live in this area , but i do like the vast amount of mountains in the area they are beautiful.

lmx theory can be applied . a.by mid-level leaders only b.by leaders at all levels of an organization c.by lower-level leaders only d.by upper-level leaders only

Answers

The   b. LMX theory can be applied by leaders at all levels of an organization. LMX theory, also known as Leader-Member Exchange theory, focuses on the quality of the relationship between leaders and their followers.

According to this theory, leaders form different levels of exchange with their followers, which can be categorized into two groups: in-group and out-group.In-group members have a high-quality exchange with their leaders, characterized by trust, mutual respect, and effective communication. On the other hand, out-group members have a low-quality exchange, with limited trust and communication.

Applying LMX theory, it is suggested that leaders at all levels of an organization can form both in-group and out-group relationships with their followers. This means that mid-level leaders, lower-level leaders, and upper-level leaders all have the opportunity to apply LMX theory in their leadership practices.

To know more about organization visit:

https://brainly.com/question/33444004

#SPJ11

Should businesses & corporations make political statements?

Answers

Answer:

yes for reaching facts evaluation

the process of finding a path from sender to receiver

Answers

The process of finding a path from a sender to a receiver is known as routing. In communication networks, routing is a fundamental operation that involves determining the most efficient and reliable path for data transmission between nodes.

Routing algorithms are employed to make decisions about the optimal path for data packets to travel through the network. These algorithms consider various factors, such as network topology, available resources, congestion levels, and quality of service requirements. The goal of routing is to ensure that data packets reach their intended destination in a timely and efficient manner while minimizing delays, congestion, and potential packet loss.

By finding the best path, routing optimizes network performance and helps in delivering data reliably across complex network infrastructures. Routing is vital in various communication systems, including the internet, where data packets traverse multiple interconnected networks. It enables seamless connectivity and efficient data transfer, enabling users to communicate, access information, and utilize network services effectively.

To know more about communication refer here

brainly.com/question/29811467

#SPJ11

Complete Question : The process of finding a path from sender to receiver is known as :

If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more than average, what is the average annual income for persons holding bachelor’s degrees (round to the nearest thousand)?

Answers

Answer:

 $48,840.00  

Explanation:

If the average  income is $37,000  

A graduate expects to earn 32% above average.

The graduate will earn $37,000 +( 32% of $37,000)

=$37,000 +(32/100 + 37,000)

=$37,000 +  $11,840.00  

= $48,840.00                                                        

 

                           

Answer:

49000

Explanation:

(source) TRUST ME  

im being serious tho it is 49000

Teen entrepreneurs in Florida find sweet
success in honey business

Why did the author MOST LIKELY conclude the article by describing future possibilities for Black Bee Honey?
because this demonstrates the danger of food deserts and the need for more honey access
because this shows how giving students ownership can help them develop new skills and goals
because this emphasizes the importance of ensuring that student businesses are successful
because this helps the reader understand how Black Bee Honey contributes to the community

Answers

The author most likely conclude the article by describing future possibilities for Black Bee Honey because this emphasizes the importance of ensuring that student businesses are successful.

What is an article?

An article is a piece of writing about a particular subject that is included in a magazine, newspaper, etc. It is a nonfictional prose composition usually forming an independent part of a publication.

Teen entrepreneurs in Florida find sweet success in honey business. This statement emphasizes the importance of ensuring that student businesses are successful.

Therefore, the statement mentioned in C is correct.

To learn more about article, click here:

https://brainly.com/question/30055166

#SPJ1

¿Cómo podría Wal-Mart mejorar su estrategia de marketing para atraer a los grandes consumidores potenciales de este sector en los mercados internacionales?

Answers

Answer:

Para poder atraer grandes consumidores potenciales del sector de retail en los mercados internacionales, Walmart tendría que focalizarse en 3 tareas específicas:

1- Por un lado, invertir en publicidad en los lugares en los que desee aumentar su rendimiento comercial, para poder dar a conocer su marca y atraer a nuevos clientes, ingresando así a mercados en los que hasta ahora no tiene presencia.

2- Además, debe lógicamente invertir en relocalizar muchos de sus centros de distribución a esos nuevos mercados, para así poder facilitar la distribución de los productos que comercializa en los nuevos territorios.

3- Por otra parte, debe garantizar un acceso al comercio electrónico, para poder así proveer a los consumidores los mismos bienes que ofrece en los Estados Unidos, pero en sus territorios de origen.

Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.

Answers

Answer:

B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.

Explanation:

Why is liability an especially important type of car insurance?

Answers

Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.

Explanation:

QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%

Answers

In conclusion correct option for this question is (d) 233%

Why it is?

The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.

This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.

However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.

To know more about Magazine related question visit:

https://brainly.com/question/20910446

#SPJ1

What has the greatest potential to demotivate you and lead you to unproductive activities?

Answers

Answer:

David is a HR generalist

Explanation:

Goals that are difficult to achieve have the greatest potential to demotivate you and lead you to unproductive activities. When goals are difficult to achieve, it's easy to lose your motivation on getting them completed because there is a greater difficulty in getting the tasks complete.

When media are privately owned, their major interest is profit making; when media are controlled and operated by the state, their major interest is

Answers

When media are privately owned, their interest is profit making; operated by the state, their major interest is:shaping values and providing a public service.

Private owned and public owned media

If a private company or organization owned a media such as broadcasting station or publishing house their aims is to make profit or generate revenue.

While on the other hand media own by the state are not for profit making but to provide free service to the public at large and to as well shape public values.

Inconclusion media operated by the state, their major interest is:shaping values and providing a public service.

Learn more about Private owned and public owned media here:https://brainly.com/question/26906908

if a company has sales of $2,700,000, cost of goods sold of $1,900,000, net income of $120,000, average current assets of $300,000, and average total assets of $1,600,000, what is its return on investment ratio?

Answers

The answer  is that the the ROI ratio for the company is 7.5%.  

return on investment (ROI) ratio for the company can be calculated as follows:

ROI Ratio = Net Income / Average Total Assets

Using the given values, we can plug them into the formula and get:

ROI Ratio = $120,000 / $1,600,000

ROI Ratio = 0.075 or 7.5%

Therefore, the ROI ratio for the company is 7.5%.



The ROI ratio is a financial ratio that measures the profitability of a company's investment. It shows how much profit a company is making on the money invested in its assets. The higher the ROI ratio, the better the company is performing financially.

In this case, we have been given the necessary data to calculate the ROI ratio. We are given the company's net income, which is the profit after all expenses have been deducted. We are also given the company's average total assets, which is the average of the beginning and ending total assets for a period.

To calculate the ROI ratio, we simply divide the net income by the average total assets. The result gives us a percentage that represents the company's return on investment.

In this example, the company's ROI ratio is 7.5%. This means that for every dollar invested in the company's assets, the company is generating a profit of 7.5 cents. While this may not be a very high ROI ratio, it is still a positive one, indicating that the company is making a profit on its investment. A higher ROI ratio would indicate a better performance and profitability.

To know more about return on investment  visit:

brainly.com/question/19809905

#SPJ11

income tax how will it affect a pharmacy business?

Answers

Answer:

the tax deduction will be used to reduce current year profits.

Will mark BRAINLIEST!!!

Amanda works as an accountant at a small-sized firm that sends out multiple invoices daily. She wants to ensure that the firm's invoices have a professional look and format. Further, she wants to customize such invoices with the firm's logo. Which accounting program is most suitable for
Amanda's requirements?

A. OpenOffice Calc
В. QuickBooks
C. NetSuite
D. FreshBooks
E. Intact

Answers

Answer:

Netsuite

Hope this answer helps you :)

Have a great day

mark brainliest

What academic information do you have about sub-overseer?​

Answers

Explanation:

Pre-Diploma in Civil Engineering (Civil Sub-Overseer) program is designed to prepare competent general civil sub-overseers equipped with knowledge, skills and attitude especially, in the area construction Engineering & Technology of building construction, water supply, irrigation and road and trail bridges sectors.

They can provide services in the growing infrastructure development industries (civil construction companies and consulting firms) government institutions (centre and local level), local as well as international non-governmental organizations or can start their own business in the country as well as abroad.

Partnership made when direct investment in a foreign country occurs with a domestic partner are called a. Multinationals b. Mini-nationals c. Joint ventures d. Cooperatives

Answers

Answer:

c. Joint ventures

Explanation:

A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located. In a foreign direct investment (FDI), an investor must establish his business, factory and operations in a foreign country or acquire assets in a business that is being operated in a foreign country.

Additionally, foreign direct investment (FDI) are categorized into three (3) main types and these are;

1. Vertical FDI: it involves establishing a different business that is however similar to the main business owned by the investor.

2. Horizontal FDI: it involves establishing the same type of business in a foreign country as owned in the investor's country.

3. Conglomerate FDI: it involves establishing a business that is completely different in another (foreign) country.

Partnership made when direct investment in a foreign country occurs with a domestic partner are called joint ventures. It is typically established or initiated by two or more people on mutual grounds to make profits and sharing costs.

what is barry’s and melissas gross earnings ?

what is barrys and melissas gross earnings ?

Answers

Answer:

Barry earns $315.00

Melisa earns $120.00

Explanation:

Barry earns $9 per hour.

He works for 35 hours this week.

Gross income will be

=number of hours worked x hourly pay

=35 x $9

=$315

Barry earns $315

Melisa earns a 5% on sales

Sales for last week were $2400

Her earnings will be

=5% of $2400

=5/100 x 2400

=0.05 x 2400

=$120.00

Melisa earns $120.00

What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, and: Choose 2 answers. Not all correct answers selected corporate citizenship. regulations. constitutions. ethics.

Answers

Business law is a vast body of state and federal law governing business activities that includes statutes (codes), common law, court cases, The correct answers are regulations and ethics.

Business law encompasses various sources of law, including statutes (codes), common law, court cases, and regulations. Regulations refer to rules and guidelines issued by governmental agencies that have the force of law and provide specific requirements and standards for conducting business activities. These regulations are created to ensure compliance with legal and safety standards and cover areas such as employment, environmental protection, consumer protection, and more.

Ethics, although not a source of law itself, is an important consideration within business law. Ethics refers to principles and standards of conduct that guide ethical decision-making in business. While not legally binding, ethical considerations play a crucial role in business practices and decision-making, as they reflect values, integrity, and social responsibility.

Corporate citizenship and constitutions, while relevant in the broader context of business and law, are not directly associated with the sources of law in the given options.

learn more about "Business ":- https://brainly.com/question/18307610

#SPJ11

education opens the door to employment.

Answers

Answer:

yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.

Yes correct perfect

Can Some people give me brainliest I'll give ya'll all my points when I see it

Answers

Answer:

Explanation: why u delete all your questions that u answered for me?

Which text style makes the text look slanted?
A.
Bold
B.
Capitalization
C.
Footer
D.
Italic

Answers

Answer:

italic

Explanation:

because you can just tell it does lol

Answer:

Explanation:

Comment

Italic is the name given to fonts that are on about a 15 degree slant with the vertical.  It looks like this when it is printed out.

an example of a factor that causes the natural rate of unemployment to rise is:

Answers

One example of a factor that causes the natural rate of unemployment to rise is the minimum wage. The natural rate of unemployment (NRU) is the long-term rate of unemployment that prevails when the economy is in equilibrium. It is the rate of unemployment that is consistent with an economy's potential output level.

Inflation is steady in a macroeconomy that is operating at its potential output level and with stable costs.The term "natural" refers to the idea that the unemployment rate cannot be pushed lower than its natural level for an extended period. In an economy that has reached full employment, any efforts to lower unemployment below its natural level in the long run will result in inflation as the costs of production rise.

However, changes in the economy and government policies can cause the natural rate of unemployment to rise or fall.Changes in the economy and government policies can cause the natural rate of unemployment to rise or fall. Here are a few factors that can cause the natural rate of unemployment to rise:

The process of creative destruction: It is a phenomenon in which old industries and jobs are replaced by new ones. This can cause workers to become unemployed as they are not prepared or qualified to work in the new industries and jobs.Minimum wage: When the minimum wage is increased, it can cause employers to reduce the number of employees they hire. This can result in a higher rate of unemployment.Technology advancements: Improvements in technology can render certain jobs and industries obsolete. This can result in workers losing their jobs, and in turn, increase the natural rate of unemployment.Labor unions: Labor unions can bargain for higher wages and better working conditions for their members.

However, this can result in higher unemployment rates as employers may not be able to afford to hire as many workers.

Learn more about Unemployment: https://brainly.com/question/13280244

#SPJ11

what is the likely result of an organization failing to address all four dimensions of service management adequately

Answers

The likely result of an organization failing to address all four dimensions of service management adequately is decreased customer satisfaction, increased operational costs, and reduced productivity.

All four dimensions of service management are essential to ensuring the organization is delivering excellent customer service. These dimensions include operational excellence, cost control, customer service, and innovation.

Failing to address any one of these dimensions will create a weak link in the chain, leading to reduced customer satisfaction, increased operational costs, and decreased productivity.

To prevent these negative outcomes, organizations must ensure that all four dimensions are addressed and managed adequately.

To know more about service management click on below link:

https://brainly.com/question/20495853#

#SPJ11

Please help I will mark you as brainliest!!

The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?

A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery

Answers

The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.

What is the manager?

A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.

In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.

Therefore, option B is appropriate.

Learn more about managers, here:

brainly.com/question/29023210

#SPJ1

Other Questions
Copper metal reacts with a solution of silver nitrate, AgNO3, to produce copper (II) nitrate and silver metal. In carrying out this reaction, a piece of copper wire was immersed in a solution of silver nitrate until the reaction stopped. The original mass of the copper wire was 2.36 grams. After the reaction stopped, the mass of the wire was 1.03 grams. What mass of silver was produced? Solvex 1/3x -1 = 5.A. x = 2B. x = 12C. x = 1D. x = 18 Solve inequality. t+8 19 How to factorise:1) 9tw - 3.2) 4(x - 5) + 3 (x - 5) If a teacher asks you to elaborate more in a reflection,which of the following is he or she asking you to doLengthen sentencesGive more detailAdd contractionsUse more adverbs PLS HELP ME THIS IS DUE TODAY Purpose of Part 1 and 2 of Ferrocene/Acetylferrocene Experimen What is the area of this rectangle?11.2 cm5.1 cm How many people said their favorite color is either blue or red combined?I just really need an Explanation. STAY OFF MY QUESTIONS OBI-WAN!!! Which is the opposite side to the reference angle C?* Please help me!!!!!!!!!!!!!! Suppose 1.7 g of hexane is mixed with 1.88 g of oxygen. Calculate the maximum mass of water that could be produced by the chemical reaction. Round your answer to significant digits. What amino acid is coded for by the DNA sequence TTG? 8. Foot File smoothen the callous of the toe nails. true or false Exposing domestic producers to __________ improves domestic __________ . a. Efficiency, competitivenessb. Foreign competition, efficiencyc. Foreign trade, qualityd. International markets, consumption The fascination with the horse was obvious during the Blank 1 dynasty in China (about 1600-1100 BCE), when real horse and their human charioteers were buried alive in royal tombs.whats the answer? Find the constant of variation for the relation and use it to write an equation for the statement. Then solve the equation.a.c.If y varies directly as x and z, and Y =4 when x = 0 andz = 1, find y when x = 7 and 2 = 4.8224Ya-4232b.3d.56y=-xzV3v=xz; y(7,4) ? 22 |42 (7.4 (Please select the best answer from the choices providedAoc solve the equation for y: -2y=-x+7 Think of a famous person who inspires you and answer the :following question