What is a condition to most pay-day loans?
a. That the borrower pay 75% interest
b. That the borrower agree to some type of collateral
c. That the borrower agree to give the lender access to the borrower's checking account
d. That the borrower waive the right to litigation
.C
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In terms of collateral, which of the following would be categorized as "equipment"?
a. a mowing tractor used to mow personal property b. crops produced by a farming operation c. goods held by someone for sale or lease d. a computer system used in a retail store
Discuss the concept of fair use in relation to copyright law
Which of the following is true about the target market's evaluation of price?
A. The importance of price depends on the unemployment rate. B. The importance of price depends on the type of product. C. The importance of price does not depend on the target market. D. The target market's perception of value combines a product's price and size attributes. E. The target market's perception of value combines a product's price and availability attributes.
The policyholders' surplus of an insurer is defined as the difference between its
A) assets and its liabilities. B) premium income and its expenses. C) reserves and its liabilities. D) assets and its nonadmitted assets.