Non-uniform pricing in the car rental market could be due to several reasons. One reason is the concept of dynamic pricing, which involves changing the price of a product or service based on factors such as demand, competition, and other external factors.
This is evident in car rental companies that charge higher prices during peak seasons, such as holidays or summer, and lower prices during off-peak seasons. Another reason is that car rental companies offer different rental rates based on the location, length of rental period, and car model. The prices may be higher in urban areas than in rural areas. Car rental companies also offer higher rates for luxury vehicles than economy vehicles.
The two-part price, in which the customer must first pay an entrance fee for the privilege of using a product and then pay an additional sum per unit of use, is one basic type of non-uniform pricing. Another option is the block price, in which the customer pays gradually lower prices for small quantities of a product.
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At a company, 20 employees are making contributions for a retirement gift. Each person is choosing how many dollars to contribute from the interval [0,10]. The payoff to person i is (bi × xi) - xi where bi > 0 is the "warm glow" he receives for each dollar he contributes, and he incurs a personal cost of 1. Now suppose the manager of these 20 employees has announced that she will contribute d > 0 dollars for each dollar that an employee contributes. The warm glow effect to employee i from contributing a dollar is now bi × (1 + d) because each dollar contributed actually results in a total contribution of 1 + d. Assume bi = 0.1 for i = 1,...,5; bi = 0.2 for i = 6,...,10; bi = 0.25 for i = 11,...,15; and bi = 0.5 for i = 16,...,20.
a.) What value must the manager choose for d in order to get her employees to contribute to $100? Show your work.
b.) What value must the manager choose for d in order to get her employees to contribute to $750? Show your work.
For a total contribution of $2000, the manager must choose d as $3.30, and for a total contribution of $750, the manager must choose d as $1.10.
a) In order to get the employees to contribute $100, the manager must choose the value of d as $3.30. The payoffs for each range of contributions are calculated, and the total payoff is determined to be 12.5d - 100. Setting this equal to the desired total contribution of $2000, we solve for d and find it to be $3.30.
b) In order to get the employees to contribute $750, the manager must choose the value of d as $1.10. The total contribution is set to $15000, and the equation 12.5d - 100 is solved for d, resulting in $1.10.
Therefore, the manager must choose the value of d such that:12.5d - 100 = 15000or 12.5d = 15100or d = $1.10.
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It is a strong drive to achieve goals and objectives through focus and proactive follow-through.
a.
Consistency
b.
Coordination
c.
Competence
d.
Commitment
Answer:
C
Explanation:
Competence gives you the ability or skill to do something
Discuss how self-efficacy impacts innovation and creativity among
employees in an organisation.
Self-efficacy, a person's self-belief in their capacity to complete a task, has an effect on innovation and creativity among employees in an organization.
When employees believe in their capacity to generate and implement fresh and creative ideas, innovation and creativity are encouraged. Self-efficacy leads to creativity and innovation because it influences the level of effort an employee puts forth toward developing new solutions.When employees have high levels of self-efficacy, they are more inclined to engage in innovative and creative behaviors in the organization. The individuals with high self-efficacy feel confident and capable of creating innovative ideas, and they are willing to invest the time and effort necessary to accomplish their objectives.
As a result, creativity and innovation are critical factors that drive an organization's growth and success, and self-efficacy can be a valuable tool for increasing creativity and innovation among employees.
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supporters of the merit selection system argue that its number one advantage would be which of the following?
Supporters of the merit selection system argue that its number one advantage would be help ensure the quality of individuals running for judicial office and eliminate much of the need for raising money and seeking endorsements.
A government employee is promoted or hired under the merit system when their qualifications for the position outweigh their political connections. The spoils system is opposed by this. A merit system was first seen during the Qin and Han eras.
The government maintained a complicated network of bureaucrats to keep control over a vast, dispersed kingdom. Candidates for public office might come from a rural background, and aristocracy was not required. Through the civil service exams, rank was awarded based on merit, and education became the key to social mobility.
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Karl started a second business four years ago selling used video games and reconditioning video game consoles for resale. He puts all of his spare time into this enterprise and does not consider it a hobby. This is his fifth year in business. To avoid the hobby rules, Karl's business must show a profit in ___ of the past five years to be considered engaged in for-profit by the IRS.
Karl started a second business four years ago selling used video games and reconditioning video game consoles for resale. To avoid the hobby rules, Karl's business must show a profit in three of the past five years to be considered engaged in for-profit by the IRS.
What are Hobby Rules? Hobby rules are the regulations that distinguish a for-profit business from a hobby. The IRS considers the business to be a hobby if it is something you engage in to earn extra cash in your free time. If your endeavor is a hobby, the IRS restricts your ability to take business losses against other income you may have.
Hobby losses are expenses that exceed your income from the activity. You may not claim a loss for your hobby activity. The IRS (Internal Revenue Service)will only allow deductions up to the amount of the income you earned. The IRS also requires you to report all your income, including income earned from hobbies. So if you have a hobby, the money you make from it must be included in your income on your tax return, even if you don't make enough to receive a Form 1099-MISC, which is given to you by a company that pays you at least $600 in a given year.
So, to be considered engaged in for-profit by the IRS, Karl's business must show a profit in at least three of the past five years. This means that out of the five years, he has been in business, his business must have generated a profit in at least three of those years to be recognized as a legitimate for-profit enterprise by the IRS.
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Working with variances from the following data, determine the total actual costs incurred for direct material, direct labor, and variable overhead. standard costs variances direct material $120,000 price variance 3,000 u quantity variance 4,000 f direct labor 100,000 rate variance 1,400 u efficiency variance 1,800 u variable overhead 44,000 spending variance 1,000 f efficiency variance 600 u
The correct answer is 4300.
Variance is said to be unfavourable if actual materials/labour etc used are more than the standards set.
The overall expenses incurred by a company may be divided into a variety of groups in the context of accounting, including fixed costs and variable costs, direct costs and indirect costs, prime costs and non-prime costs, material costs and conversion costs, etc. The application under consideration determines how the costs are classified.
Actual material cost:
Std Material cost 120000
Add: Unfavorable Price variance 3000
Less: Favorable Qty variance -4000
Actual material cost: 119000
labour cost actual:
Std labour cost 100000
Add: labor rate variance 1400
Add: Labor efficiency variance 1800
Actual labour cost 103200
Actual variable Oh cost:
Std variable OH cost 44000
Lless: Favorable Spending variance 1000
Actual variable Oh cost: 43000
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A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
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the legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. this document describes the number of bonds authorized, their par value, and the contract interest rate.
Answer:
Bond indenture
hope it's correct
3. What is an annual percentage rate (APR)? Describe one similarity and one
difference between the APR and the interest rate on a credit card or loan. Why
would the APR differ from a creditor's posted interest rate? In your response, also
explain how borrowers can use the APR to evaluate loan options, and describe why
borrowers should be wary of low introductory APRs. (8 points)
7
An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
What is annual percentage rate?The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
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Consider the following information for Vine Inc.: Beta: 1.39 Risk-free rate: 7% Return on market portfolio: 18% Company tax rate: 40% What is the cost of the common equity of Vine Inc.? Group of answer choices 22.29% 32.02% 19.21%
The cost of common equity for Vine Inc. is approximately 22.29%.
To calculate the cost of common equity for Vine Inc., we can use the Capital Asset Pricing Model (CAPM), which considers the risk-free rate, the market return, and the stock's beta.
The cost of common equity (Ke) is given by the formula:
Ke = Rf + β * (Rm - Rf)
Where:
Rf is the risk-free rate
β is the beta of the stock
Rm is the return on the market portfolio
Given the information provided:
Risk-free rate (Rf) = 7%
Return on market portfolio (Rm) = 18%
Beta (β) = 1.39
Substituting the values into the formula:
Ke = 0.07 + 1.39 * (0.18 - 0.07)
Ke = 0.07 + 1.39 * 0.11
Ke = 0.07 + 0.1529
Ke ≈ 0.2229 or 22.29%
Therefore, the cost of common equity for Vine Inc. is approximately 22.29%.
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What are the differences between mergers and acquisitions?
What are the pros and cons to mergers and acquisitions?
Mergers and acquisitions (M&A) are two different strategies used by companies to achieve growth and gain competitive advantages.
Mergers refer to the combination of two or more companies to form a single entity, while acquisitions refer to the purchase of one company by another. In a merger, the companies involved typically combine their resources and assets to form a new company. In an acquisition, one company acquires another and may absorb or integrate its operations into its own.
The benefits of M&A include increased market share, economies of scale, and access to new markets or technologies. However, there are also potential drawbacks, including cultural differences, increased debt, and integration challenges. Additionally, M&A can sometimes lead to job losses and disruption for employees.
Thus, M&A can be a powerful tool for companies to achieve growth and strategic goals. However, careful planning and execution are necessary to ensure success and avoid potential pitfalls.
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PLZ HELP. Classify the customer buying motive as rational or emotional.
Mark buys a particular brand of frozen food because it is economical for him.
O rational
O emotional
Answer:
rational
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.
This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.
In Economics, buying motives are classified into five (5) main categories and these include;
I. Acquired and Inherent buying motives.
II. Conscious and Dormant buying motives.
III. Physical, Psychological and Sociological buying motives.
IV. Primary and Selective buying motives.
V. Rational and Emotional buying motives.
A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.
In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.
experts have determined that good salespeople exhibit a set of generally accepted characteristics.
Experts have identified a set of generally accepted characteristics that good salespeople exhibit. Good salespeople possess certain characteristics that contribute to their success in the field.
While the specific traits may vary depending on the industry and the product or service being sold, there are several commonly recognized characteristics that are generally accepted as desirable in salespeople.
One crucial characteristic is effective communication skills. Good salespeople are adept at listening to customer needs, articulating the features and benefits of their offerings, and persuasively conveying their value proposition. They can build rapport, establish trust, and tailor their communication style to connect with different types of customers.
Another important characteristic is a strong customer focus. Successful salespeople prioritize understanding and meeting the needs of their customers. They have empathy, ask insightful questions, and are skilled at uncovering customer pain points and offering tailored solutions.
Additionally, good salespeople exhibit resilience and persistence. They are determined, self-motivated, and able to handle rejection. They view obstacles as opportunities and consistently strive to achieve their sales targets.
Other characteristics often associated with effective salespeople include confidence, product knowledge, problem-solving abilities, adaptability, and a positive attitude.
In summary, experts have identified a set of generally accepted characteristics that good salespeople exhibit. These traits encompass effective communication, customer focus, resilience, persistence, confidence, adaptability, and more.
Possessing these characteristics can contribute to a salesperson's success in building relationships, closing deals, and achieving sales goals.
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When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
False is the correct answer
A code of ethics is a set of guiding principles intended to help professionals conduct themselves in the workplace honestly and morally. An organization's goal and basic values, the professional standards to which they are held, the way in which professionals should handle challenges, and other topics may all be included in a code of ethics statement. A code of ethics is a collection of values and guidelines that people and organizations use to guide their decision-making and to discern between right and wrong. They give a basic understanding of a company's or organization's ethical standards. A code of ethics is crucial because it outlines behavior expectations in detail and establishes the foundation for preventative measures.
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Coca-Cola Revenues ($ millions), 2014 to 2019
Quarter 2014 2015 2016 2017 2018 2019
Quarter1 10.58 9.94 10.28 9.12 7.63 8.02
Quarter2 12.57 11.63 11.54 9.70 9.42 10.00
Quarter3 11.98 11.77 10.63 9.08 8.78 9.51
Quarter4 10.87 10.13 9.41 7.51 5.36 9.07
What is the trend model for the deseasonalized time series? (Round your answers to 2 decimal places.)
State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.)
Use the regression equation to make a prediction for each quarter in 2020. (Enter your answers in millions rounded to 3 decimal places.)
Trend model for the deseasonalized time series:
Seasonal adjustment
Quarter 1: The average of Q1 data from 2014 to 2019 = $8.96 million
Quarter 2: The average of Q2 data from 2014 to 2019 = $10.62 million
Quarter 3: The average of Q3 data from 2014 to 2019 = $10.15 million
Quarter 4: The average of Q4 data from 2014 to 2019 = $9.02 million
Therefore, the deseasonalized values for each quarter are obtained by dividing each value of the original series by the seasonal adjustment for the corresponding quarter.
Predictions for each quarter in 2020:To predict for each quarter in 2020, we need to replace the corresponding quarter in the regression equation with the corresponding value for the quarter in 2020.
Thus, we can use the regression equation below to make a prediction for each quarter in 2020:
Coca-Cola revenue = 0.16 + 0.02*Quarter1 - 0.22*Quarter2 - 0.1*Quarter3 + 0.08*Quarter4
Quarter 1 (Q1) 2020:
Coca-Cola revenue = 0.16 + 0.02*8.02 - 0.22*10 - 0.1*10.15 + 0.08*9.07 = $7.86 million
Quarter 2 (Q2) 2020:
Coca-Cola revenue = 0.16 + 0.02*10 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $9.37 million
Quarter 3 (Q3) 2020:
Coca-Cola revenue = 0.16 + 0.02*9.51 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $8.18 million
Quarter 4 (Q4) 2020:
Coca-Cola revenue = 0.16 + 0.02*9.07 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $7.84 million
Therefore, the predictions for each quarter in 2020 are
$7.86 million for Q1,
$9.37 million for Q2,
$8.18 million for Q3,
and $7.84 million for Q4.
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How much does one need to have to open a bank
What is the purpose of the federal budget? A. It serves as a plan for government spending each year. B. It ensures that the government will always have a surplus C. It allows the government to default on its debts O D. It prevents the government from creating a budget deficit .
Answer:
It serves as a plan for government spending each year
The major purpose of the federal government is to serve as a plan for government spending each year.
What do you mean by a federal budget?A federal budget refers to a plan for how the government will take in money.
It is revised every year and the purpose is to outline the budget for the nation's priorities for years.
It serves as a plan for government spending. Therefore, A is the correct option.
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Which one of the following is the price a dealer will pay to purchase a bond? a. bid-ask spread b. par value c. call price d. bid price e. asked price
The bid price is the price a dealer will pay to purchase a bond.
A bid price is an amount that someone is willing to pay for a security, asset, commodity, service, or contract, among other things. In a lot of markets and places, it is referred to as a "bid."
A bid typically represents a reduction from the "ask" price, which is the price at which sellers are willing to accept an offer. The spread between the two prices is known as the bid-ask spread.
Market makers place ongoing bids for securities and may also do so when a seller asks for a price at which they can sell. Unsolicited bids are those that a buyer submits while a seller isn't actively looking to sell, which happens occasionally.
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which of the following is NOT one of the factors considered in the FICO scoring system? A) level of debt B) employment history C) variety of debt sources D) length of credit history
Factors considered in the FICO scoring system is (B) employment history is the correct option. These five components comprise FICO scores: History of payments (35%), Owed sums (30%),Credit history duration(15%)(4% new credit), Five credits (10%).
A major component of the credit report that lenders use to determine the credit risk of applicants is a sort of credit score called a FICO score. Poor payment history is referred to as having bad credit, and it frequently shows up as a low credit score. The five variables that affect FICO scores are shown below along with their contributions.The payment history makes about 35% of the FICO score.Owed sum - accounts for 30% of FICO rating.The length of credit history makes up 15% of the FICO score.Credit mix: 10% of the FICO score is based on this.Fresh credit - 10% of the FICO score is derived from it.As a result, option (B) is the best choice because payment history accounts for 35% of the FICO score.
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one purpose of a transaction is to change the database from an inconsistent state into a consistent state. T/F
True.One of the primary purposes of a transaction in database management is to ensure that the database is always in a consistent state.
Transactions are a set of operations that are executed as a single unit of work, and they are designed to guarantee the consistency, integrity, and durability of the database.When a transaction is executed, it changes the state of the database, and this change must be performed in a way that maintains the consistency of the database. For example, if a transaction adds a new record to a table, the transaction must ensure that the new record is valid and that it does not violate any constraints or rules defined on the table.If a transaction fails to execute or is interrupted for some reason, the database must be restored to its previous consistent state. This is typically done by rolling back the transaction and undoing any changes that were made to the database during the transaction.Thus, the purpose of a transaction is to ensure that the database is always in a consistent state and that any changes made to the database are valid and do not violate any constraints or rules.
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Sal purchased a used toaster at a yard sale. The seller told Sal that although the toaster was more than 10 years old, she had not had any problems with it. Sal takes the toaster home and uses it for a few months. One day, however, as Sal was using the toaster, it malfunctioned and caused a small fire in Sal's kitchen along with significant smoke damage. Sal decides to sue the manufacturer of the toaster and will do so within one month of the fire. What would likely be the manufacturer's best defense in a strict liability in tort action brought by Sal?
Answer:
The manufacturer of the toaster would argue from the point of view of the warranty offered for the toaster. In most electronic products, the manufacturer offers warranty ranging from 1 year to 5 years.
For the toaster to have worked for more than 20 years without any problem shows that it was a good product. And, the warranty must have expired hence the need not to be held responsible for whatever happened to it.
Explanation:
What is the purpose of a value proposition? Check all that apply.
- Explains how your product solves customers' problems or improves their situation
- Defines specific benefits that will be delivered by your product
Correct!
- Tells the target customer why they should buy from you and not from the competition
- Describes the technical specifications of your solution
Explains how your product solves customers' problems or improves their situation, Defines specific benefits that will be delivered by your product, Tells the target customer why they should buy from you and not from the competition is correct.
What do you mean by value proposition?A business model is a sentence that enumerates the unique benefits that a good or service provides to its clients. It is a value pledge that sets the good or service apart from its rivals and explains why customers need to pick it. A value proposition often contains a description of the product or service, the target client segment, the key advantages or results that the customer would experience, and the justifications for why the offering is better than that of the rivals. Successful marketing relies on a compelling value proposition because it draws and keeps customers. A proposition is a key idea in philosophy of speech and related disciplines, and it is frequently referred to as the main carrier of truth or untruth.
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What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
which economic indicators most strongly suggest than an economy is experiencing the expansion phase of the business cycle?
The economic indicators that most strongly suggest that an economy is experiencing the expansion phase of the business cycle are as follows: GDP Growth Rate, Employment, Consumer Confidence, Industrial Production, Investment and Capital Spending.
1. GDP Growth Rate: The growth rate of gross domestic product (GDP) is a crucial indicator of economic expansion. When the GDP is growing rapidly, it suggests that the economy is experiencing an expansion phase.
2. Employment: When an economy is in expansion, it will generate jobs, lowering unemployment rates. Therefore, falling unemployment rates indicate that the economy is growing.
3. Consumer Confidence: Consumer confidence is critical to the expansion phase of the business cycle. A rise in consumer confidence suggests that individuals believe that the economy will continue to grow.
4. Industrial Production: Industrial production also a crucial economic indicator. Industrial production growth shows that there is increased demand in the economy, meaning that it is growing.
5. Investment and Capital Spending: When businesses are investing in the economy by increasing their capital expenditure, it indicates that they believe the economy will continue to grow. When companies invest, it leads to increased job creation and economic growth.
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Leadership is best defined by our text as.... Question 1 options: the ability to reduce the dependence of team members on each other the ability to influence a group toward the achievement of a vision or set of goals the ability to use factors like training and experience to reduce dependence on formal leadership the ability to merely project one's abilities in the lack of actual accomplishments
Based on sociocultural theory, Leadership is best defined by our text as "the ability to influence a group toward the achievement of a vision or set of goals."
Characteristics of LeadershipLeadership has been found to have some of the following features:
Effective communicationEmpathyConfidenceIntegrityDelegationSelf-AwarenessMotivationCharisma, etc.All of the characteristics above are combined by leaders to influence followers toward accomplishing objectives, goals, or a vision.
Hence, in this case, it is concluded that the correct answer is option B. "the ability to influence a group toward the achievement of a vision or set of goals."
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_________was created to reform, and to restore confidence in, the stock market by providing a means to monitor the market and to enforce laws regarding the sales of stocks and bonds.
Situation 3
• You have some friends that have a lot of money. They want to make more
money by loaning their money to other people.
• You also have friends that want to buy apartments in a cool new
development, but they don't have any money. You introduce your friends
who want to buy to your friends who have money to lend.
In the home buying business, what would you be called?
O A landlord.
O A loan officer.
O A mortgage broker.
O A mortgagor.
In the given scenario, you would be called a mortgage broker. A mortgage broker is a professional who connects borrowers and lenders and helps them negotiate the terms of a mortgage loan.
In this case, you are introducing your friends who want to buy apartments to your friends who have money to lend, essentially acting as a middleman between them and helping them arrange a mortgage loan. A landlord is a person who owns a property and rents it out to tenants. Landlords typically collect rent payments from tenants and are responsible for maintaining the property. A loan officer is a professional who works for a bank or other financial institution and helps people apply for loans. Loan officers evaluate loan applications, review credit histories and income levels, and help borrowers understand the terms of the loan. A mortgagor is a person who borrows money to purchase a property and pledges the property as collateral for the loan. In other words, the mortgagor is the borrower who is responsible for paying back the mortgage loan to the lender.
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anybody got food stamps
Answer: yeah, I do. Also, Happy holidays! or in Hawaiian we say Mele Kalikimaka which means Merry Christmas! I'm part Hawaiian.
If I Want to be a Child Pycoligest, what would the steps be to become this.
Answer:
................
Explanation:
Step 1: Three-year accredited undergraduate psychology sequence.
Step 2: Fourth-year accredited psychology studies.
Step 3: Internship pathway or postgraduate study to general registration.
What was the main difference between tenant farmers and sharecroppers during reconstruction?
Typically, tenant farmers received between two-thirds and three-quarters of the harvest, less living expenditure deductions. However, sharecroppers only received half the crop, from which landowners withheld rent.
What were tenant farming and sharecropping?Sharecropping is a type of tenant farming where the landowner provided all the capital and the majority of the other inputs while the tenants provided the labor. Depending on the agreement, the landowner may have covered the tenants' expenses for food, clothes, and medical care as well as overseen the labor. Typically, tenant farmers received between two-thirds and three-quarters of the harvest, less living expenditure deductions. However, sharecroppers only received half the crop, from which landowners withheld rent and any credit (plus interest) for materials used to support the family. A tenant farmer is a person who lives on land held by a landlord and cultivates it.
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