A person who can afford a monthly payment of and signs a loan agreement with a monthly payment of is most likely a victim of predatory lending. O A. $800; $1100 O B. $900; $800 O C. $900; $900 O D. $1100; $900​

Answers

Answer 1

Answer:

A. $800; $1100

Explanation:

Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.

If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower


Related Questions

When creditors use the _________, they apply the finance charge only to the amount owed after you've paid your bill each month.

Answers

Answer:

Adjusted balance method.

Explanation:

Financial charges that are been summed up at the end of the last cycle of billing or their previous balances are seen to be calculated with this method. And also, it is used in calculation of the interest which are seen to be toppled or owed by people or customers that are seen to using the savings accounts.

A lot of financial institutes rely on the service or this method in the summation of their account holders month end balances.

What factors maintain differences between countries/religion

Answers

Answer: Different beliefs of "God"

A customer believes ABC's stock price will rise, but she does not currently have the money to buy 100 shares. How could the customer use options to profit from a rise in the stock's price

Answers

Answer:

The customer could buy call options and sell put options.

Explanation:

A call option gives you the right to buy a stock at a certain price. If the price of a stock rises (as the investor believes), the call option can be exercised and a profit will be made.

A put option gives you gives you the right to sell at a certain price. If the price of a stock rises (as the investor believes), the put option will not be exercised since the sales price will be lower than the market price.

Why would you put money into a savings account?
A. To make frequent withdrawals
B. To access the money from this account with personal checks
C. To easily access money from this account with a debit card
D. To earn interest on your money

Answers

i think it’s a sorry if i’m working

Those who hold jobs that require manual labor are in the a. working class. c. underclass. b. upper middle class. d. lower middle class.

Answers

Answer:

c

Explanation:

Answer:

It's AAAAAAAAA

Explanation:

3. The economic system that is found in a Socialistic political system is a: *
1 point
a. Command Economy
b. Free Enterprise
c Mixed Economy
d. Fascism

Answers

Answer:

Command Economy.

Explanation:

Select the correct answer.
Dorothy works as an accountant for a successful advertising firm. While recording financial transactions, Dorothy keeps rechecking the figures in
order to avoid misstating assets and liabilities. Which element of internal accounting controls relates to Dorothy's method?

Answers

Answer:

B. risk assessment

Explanation:

1. The supplies of the materials are abundant and can suffice the demand of
the consumers.​

Answers

i want to answer this but could you plz be more specific? what question are you asking?
I would like to know as well but it’s probably referring to equilibrium, surplus or shortage.

A private limited company failed. It owed £60,000 in debt. Simon had
£10,000 invested in the company and he had personal assets worth
£100,000. How much could he lose because the company failed? Use
whole numbers only. No pound signs or commas.

Answers

Answer:

£10,000

Explanation:

Simon is a shareholder in a private limited company. As a shareholder, he enjoys limited liabilities to the debts of the company. Limited liabilities means that his obligations to the debts of the business are limited to the amount of capital invested. Should the company fail in meeting its obligations, Simon's liabilities to the company will be a maximum of $10,000, which is the amount he invested.

The limited liabilities feature protects shareholders and investors in private limited companies and corporations from losing more than their contributed capital in case a business fails. Simon's personal assets of $100,000 will not feature in any way.

WILL GIVE BRAINLIEST

1. If the iPhone increases from $800 to $900, what does this do to demand?

A. Decreases Demand.
B. Decreases the Quantity Demand
C. Increases Demand
D. Increases the Quantity Demand

2. The price of gas is expected to increase later in the year. What will happen to the demand for SUVs later in the year?

A. Demand Increases
B. No change in demand
C. Demand Decreases
D. Quantity of Demand Decreases

3. The government has imposed a new regulation for car companies to install baby seat anchors to support baby seats in all new cars produced. How does this change supply for cars?

A. Does not impact supply
B. Decrease Supply
C. Decreases Quantity Supply

4. Papa Johns has a sale on pizzas, how does that impact demand?

A. Increases the Quantity Demand
B. Decreases the Quantity Supplied
C. Decreases Demand

Answers

Answer:

1)B

2)C

Explanation:

Deciding on the best means of transportation depends on ____.

a.
comfort, convenience, and safety
b.
personal preferences and income
c.
transportation needs and available choices
d.
All of the above.

Answers

Answer:

all of the above

Explanation:

because it needs to be affordable safe and comfortable

Answer:

answer: all of the above.

Where Monica lives, she makes a lot of money, so she is required to pay a lot of taxes. Wealthier people end up paying more of their income to taxes than people who don’t make as much money. Which type of tax system does Monica’s country MOST likely use?
A. Inheritance
B. Flat
C. Regressive
D. Progressive

Answers

D. Progressive

Explanation:

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term progressive refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.

Answer:

Progressive

Explanation:

What are most employers looking for in a job candidate?

people skills
skills
character
enthusiasm

Answers

People skills

if you dont have people skills you wont be able to properly care for the customer

technically all of the above because they want a good worker, but defiantly looking for someone with people skills because they need someone who can work with others

hope this helps :)

How will a decrease in personal income taxes and an increase in government spending affect consumer spending and employment

Answers

Answer:

Consumer spending increasesEmployment increases

Explanation:

If there is a decrease in personal income taxes, this will mean that consumers have more disposable income. This coupled with an increase in government spending will lead to more money being available for spending in an economy.

Consumer spending will therefore increase and in response, companies will have to produce more goods and services. They will need more labor to do so which will lead to a rise in employment rates.

If you're working with potential buyers who are currently renting, why should you ask when their rental contract is up

Answers

Answer: b. It will help you establish a purchase time frame.

Explanation:

Considering that these potential buyers are renting at the moment, it would make sense that they would only be interested in buying after their rental contract is up.

Asking them when that contract is up will therefore give you a better picture of the time frame it would take for them to purchase the property that you want to sell.

What's the difference between a checking account and a savings account?

A. A checking account has fewer fees.

B. A savings account comes with a debit card.

C. A savings account earns interest.

D. A checking account comes with a credit card.

Answers

Answer:

D. A checking account comes with a credit card.

Explanation:

A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.

Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.

Explain one disadvantage of selling shares as a source of raising finance in a private limited company.

Answers

Answer:

see below

Explanation:

By shares are sold ,the new shareholders become  part owners in the company. They get rights to vote, and share in the profits of the business. The right to vote influences who becomes a member to the board of directors.

By shelling shares, the founders of business gives away their controlling rights. Investors may choose directors that oppose founders. In some circumstances, investors kicked out founders  from the business.

Ayman has a credit card with a balance of $4750 CAD and an annual interest of 21.5% compounded
monthly. He plans on paying off the loan completely in two years using monthly payments. What is the
total amount of interest he will pay once the card is paid off?
#1 $128.03
#2 $1136.00
#3 $4878.03
#4 $5886.00

Answers

#4 $5886.00 is the answer

tell me a story that has happened to you who evers is best i’ll give you point or whatever

Answers

Explanation:

Soo- one time i was in mexico, snorkeling :D

and my dad surprised me with something i didn't expect. a banana. at first i was verrrrrry annoyed, i thought i would've gotten some new gear or stuff. out of nowhere, he takes the bananas out of his pocket and pushes me and my siblings in the water. he chucks a banana at me and i get salt in my eyes, screaming in pain because i hadn't put my goggles on. we swam out to sea, the banana absorbing the salt water. then- the last thing i would expect happened. A SEA TURTLE SNAPPED IT OUT OF MY HANDS LOL

i hope u enjoyed my story :D

What determines the value of an item? (Edg.)

Answers

Answer:

the amount of goods that are produced. -the capital required to build the factory. -the unlimited wants of the consumers. -the resources consumed in production.

Once a government has provided a public good, everyone: Group of answer choicespays the cost.can obtain the benefit.experiences positive externalities.experiences negative externalities.

Answers

Answer: can obtain the benefit

Explanation:

Public goods are meant to be for the benefit of everyone in the country not just a select few. This means that when the government provides one therefore, everyone can obtain the benefit.

Think of a police station for instance. When one is built in an area, everyone there should enjoy more security not just a few because the police are to protect the welfare of every law abiding citizen.

How have newspapers responded to their current financial situation?

Answers

Answer:

The U.S. newspaper industry is suffering through what could be its worst financial crisis since the  Great Depression. Advertising revenues have plummeted due in part to the severe economic  downturn, while readership habits have changed as consumers turn to the Internet for free news  and information. Some major newspaper chains are burdened by heavy debt loads. Between 2008  and early 2010, eight major newspaper chains declared bankruptcy, several big city papers shut  down, and many laid off reporters and editors, imposed pay reductions, cut the size of the  physical newspaper, or turned to Web-only publication.

Explanation:

China has been successful in international business in the past. Yet, the country is ruled under a communist regime. Do you think that a country should have a democratic government to successfully manage a capitalist society? Why or why not? What are the risks of doing business with companies in China?

Answers

Answer:

Parallel to the incredible economic developments China has experienced over the past few decades have only been limited political reforms. In this article, Sir Vince Cable explores the question of whether China is a Capitalist or Communist country.

Deng was a committed Communist ever since he joined the party (in France) as a young man. Although he steered China to be a market economy he never ceased to uphold Communist party rule – and he is credited with having backed the Tiananmen Square ‘massacre’ to ensure that the party’s authority and monopoly of power. Indeed, he survived as one of Mao’s top generals and closest party associates by either participating in or turning a blind eye to Mao’s purges and mass killings.

Deng is a difficult figure for Westerners to evaluate. He has the remarkable legacy of having, through economic policy reform, lifted more human beings out of poverty than anyone in world history. But he had little interest in ‘human rights’ or Western-style democracy and, as a Communist, regarded these things as either irrelevant or a threat to party rule.

Explanation:

Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:

Answers

Answer:

Saving plan

Explanation:

The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future

Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month

Therefore the same represent the saving plan

For a college student who wishes to calculate the true costs of going to college, the costs of room and board Group of answer choices should be counted in full, regardless of the costs of eating and sleeping elsewhere. should be counted only to the extent that they are more expensive at college than elsewhere. usually exceed the opportunity cost of going to college. plus the cost of tuition, equals the opportunity cost of going to college.

Answers

Answer:

should be counted only to the extent that they are more expensive at college than elsewhere

Explanation:

The true cost of any type of commodity means the hidden cost or the negative cost i.e. external that added at the time when the pricing of the products are to be done. Also it varies with the market price and it is differently charged to decrease the misuse

So for determining the true cost the college student should keep in mind that the room cost and the board could not go below the market price

hence, the option b is correct

If a company lies about its finances to investors, the company is committing which kind of tort?

A. Libel

B. Fraud

C. Slander

D. Interference

Answers

The answer would be B. Fraud

People are willing to pay a higher price if they believe that supplies are

A. fluctuating
B. endless
C. increasing
D. limited

Answers

I think that D would be the right answer because if people knew that important things are limited they would pay a higher price.

Hope this helps! :)

Answer:

D.Limited

Explanation:

What was the biggest challenge to getting the airplane to fly

Answers

Answer:by usin rocket flue that’s what my 8th grade teacher said -Tokyo

Explanation:

Answer:

Wings with enough surface area and the proper curve to provide lift.

A means to control the direction of the aircraft's movement.

A lightweight source of power.

Explanation:

Is it wright brothers???

Why is it important to conduct market research on your target audience before building your marketing plan

Answers

its important to conduct market research on your target audience before building your marketing plan because you need to consider who your potential customers are before deciding on marketing strategies. Customers enjoy sharing their opinions, so market research will make your product sell more.

Renting a scooter and paying $30 per day plus $.20 per mile driven is an example of what type of cost

Answers

Answer:

C. Mixed cost

Explanation:

Here are the options to this question :

A. Conversion cost

B. Fixed cost

C. Mixed cost

D. Variable cost

Mixed cost is cost that contains both variable and fixed costs

Fixed cost is cost that doesn't vary with output. Fixed cost in this question is $30. It does not vary with miles driven

Variable cost is cost that varies with output. Variable cost in this question is $0.2. It varies with miles driven

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