Why would a lender offer unsecured loans when it could demand collateral?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
A lender would offer unsecured loans to accommodate small companies t...View the full answer
Answered By
Sidharth Jain
My name is Sidharth. I completed engineering from National Institute of Technology Durgapur which is one of the top college in India. I am currently working as an Maths Faculty in one of the biggest IITJEE institute in India. Due to my passion in teaching and Maths, I came to this field. I've been teaching for almost 3 years.
Apart from it I also worked as an Expert Answerer on Chegg.com. I have many clients from USA to whom I teach online and help them in their assignments. I worked on many online classes on mymathlab and webassign. I guarantee for grade 'A'.
4.90+
3+ Reviews
10+ Question Solved
Related Book For
Business
ISBN: 978-0324829556
10th Edition
Authors: Willian M Pride, Robert J. Hughes, Jack R Kapoor
Question Posted:
Students also viewed these Accounting questions
-
Why would a lender offer unsecured short-term loans when it could demand collateral?
-
Why would a lender want to add a covenant specifying a maximum debt-to-total-assets ratio to a loan contract?
-
What does assignment mean and why would a lender want to assign a mortgage loan?
-
Consider a dynamic array where the capacity doubles when additional space is needed and shrinks by 50% when the size falls below 1/4 capacity. What will be the amortized big-O of an append()...
-
How is active immunity achieved? How is passive immunity achieved?
-
Calculate the following variances and indicate whether each variance is favorable or unfavorable: 1. Volume Variance 2. Total Variance Expected Treatments= 1,000 Standard Cost Profile Lab Treatment...
-
What is object-oriented modeling? How does it differ from Unified Modeling Language (UML)?
-
Combined data for three years for two firms appear below (in millions). One of these firms is Amazon.com, a rapidly growing internet retailer, and the other is Kroger, a retail grocery store chain...
-
Suppose that the figure below shows the short-run marginal cost (MC) and average cost (AC) curves for Tesla - the largest manufacturer of electric vehicles, with costs on the vertical axis and the...
-
Feedback systems do not always involve negative feedback. Economic inflation, which is evidenced by continually rising prices, is a positive feedback system. A positive feedback control system, as...
-
Develop a personal cash budget for the next six months. Explain what you would do if there are budget shortfalls or excess cash amounts at the end of any month during the six-month period.
-
How can a small-business owner or corporate manager use financial leverage to improve the firms profits and return on owners equity?
-
How does the structure of the IASB help to establish its legitimacy as a global standard-setter?
-
Use the Laws of logarithms to rewrite the expression In(x3x-1/3x-5) in a form with no logarithm of a product, quotient or power. After rewriting we have In(x3x-1/3x-5) = A ln x + B In(x-1) + C...
-
Fast inverse square root is used to estimate the reciprocal of the square root For given quadratic function y x + 6x + 0.21875 = 0, the real roots are around -5.9633 or -0.03668. By using quadratic...
-
5. Let G at least 5. (V, E) be a simple k-regular graph with the property that every cycle has length Prove that |V(G)| k + 1. Find such a graph with |V(G)| = k + 1 for k = 2 and k 3. (Hint: start...
-
Betty jones, coach of rockets soccer club wants to transfer some forwards on his club roster in exchange for some additional defenders. Johnny Jones, the coach of shooters soccer club, is interested...
-
Let's consider the economic impact of the pandemic on the economy. Assume that the pandemic evolves according to the basic SIR model: S i R and = = = -BS(t)I(t) BS(t)I(t)-I(t) yI (t) with initial...
-
Use the following data to work out the year in which the U.S. standard of living (i) increased and (ii) decreased. Explain your answer. Year 2017 2018 2019 2020 Real GDP $18.1 trillion $18.7 trillion...
-
The following processes constitute the air-standard Diesel cycle: 12: isentropic compression,23: constant-volume energy addition (T and P increase),34: constant-pressure energy addition (v...
-
Kenneth Armstrong, an American citizen, purchased the co m ponent parts of computers in Germany, Japan, and the United States. He took those parts to Bolivia, where he constructed the computers,...
-
Daisy Corporation purchased a new piece of equipment to be used in its new facility. The $450,000 piece of equipment was purchased with a $50,000 down payment and with cash received through the...
-
Scott Robertson has just approached a venture capitalist for financing for his sailing school. The venture capitalist is willing to loan Scott $90,000 at a high-risk annual interest rate of 18%. The...
-
Scott Robertson has just approached a venture capitalist for financing for his sailing school. The venture capitalist is willing to loan Scott $90,000 at a high-risk annual interest rate of 18%. The...
-
(a) Approximate the following transfer function by removing a non-dominant pole (or a pair of non-dominant poles): (2 Marks) G(s) = = 0.2(s + 2) (s+ 0.5)(s+3 0.8j) (b) Is the following a valid state...
-
(a) Given that z =2+23i and z =-5+5i. Express, and in polar form. (b) Find z and in exponential form. (c) Find (5)*() in the forms of x+yi.
-
Evaluate the impact of mobile banking on traditional revenue streams and business models of banks, such as transaction fees, interchange fees, and overdraft charges. How do banks monetize mobile...
Study smarter with the SolutionInn App