Business

Owen Roberts

26 July, 08:40

How is a loan obtained through a pawnshop typically paid off? A. In multiple payments, and the collateral is returned.

B. In a single payment, and the collateral is returned.

C. The lender sells the item to pay off the interest.

D. The lender cashes a postdated check.

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “How is a loan obtained through a pawnshop typically paid off? A. In multiple payments, and the collateral is returned. B. In a single ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Suppose Toyota and Honda must decide whether to make a new breed of side-impact airbags standard equipment on all models. Side-impact airbags raise the price of each automobile by $1,000.

What type of group discussion does the moderator perform a passive role

Which of the following are pros and/or cons of using a market system to produce and distribute health care?

The short-run effect of consumers becoming more pessimistic will be for the A. aggregate demand curve to shift down. B. short-run and long-run aggregate supply curves to shift right. C. aggregate demand curve to shift up. D.

Williamson Corporation was organized to operate a tax preparation business. The charter authorized the following stock: common stock, $2 par value, 80,000 shares authorized.

New Questions in Business

In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?

Coral Think Inc. is a new company in the publishing industry. It has raised sufficient capital from multiple sources. It is planning to use its capital to purchase certain assets.

During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000.

The partnership agreement of E Smith and N Patel state that Smith receives 30% and Patel 70% of partnership income and losses. The partnership net income is $100,000 and is allocated to the partners when the income summary account is closed.

What causes changes from one phase of the business cycle to another?