A bank that has not received payment on a loan can try to get its money back by:.

Answers

Answer 1

A bank that has not received payment on a loan from a borrower can try to get its money back by: hiring a collection agency to retrieve (seize) the money from the borrower.

A loan refers to an amount of money that is borrowed from a lender such as a financial institution (bank) and it is expected to be paid back at an agreed date with a predefined interest.

Generally, a financial institution (bank) lending out a sum of money to a borrower usually require that, the borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

Additionally, a collection agency can be hired by a bank to retrieve (seize) the money from the borrower when it hasn't received payment on a loan from a borrower.

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Answer 2

Answer: Hiring a collection agency to seize the money from the borrower

Explanation: correct on a p e x


Related Questions

what is the ratio of the sun's gravitational force on you to the earth's gravitational force on you?

Answers

i believe it's 6:10000

Which of the following factors contributed most to the bolivarian revolutionary movement?.

Answers

Answer:

The rise of a distinct Latin American ethnic identity.

Explanation:

Most of the revolutionary movements were national movements as well. The French Revolution and the American Civil War were an incentive for the Bolivian people to fight for freedom from the occupiers. The nineteenth century was characterized on a global scale by strengthening nationalism and the awakening of national consciousness. Bolivia was also no exception. Following the pattern of other fighters for their own identity, the people of Bolivia sought liberation from the occupiers through the revolution.

Which three statements about the gilded age are true.

Answers

Answer:

i don't know I don't see them

The diagram above can be completed with an increase in the membership and political power of which group? the populist party the ku klux klan the congress of racial equality the american civil liberties union.

Answers

The diagram in the image attached below can be completed with an increase in the membership and political power of: C. the congress of racial equality.

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination, in search of better social amenities, living conditions, and work.

In the United States of America, there was an increase (rise) racial tension due to the following:

Migration of African-Americans to cities. Rise of nativism and religious fundamentalism among the people.

Consequently, the congress of racial equality (CORE) was established in 1942 by James Farmer to serve as an African-American civil rights organization (interracial organization).

In conclusion, the congress of racial equality (CORE) played a pivotal role in the civil rights movement by promoting the use of non-violent tactics to help African-Americans;

1. Secure equal rights with the Whites.

2. End racial discriminations in the United States of America.

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A two-day moving truck rental from best rentals costs $60 and $0. 35 per mile driven. A two-day moving truck rental from easy movers costs $80 and $0. 25 per mile driven. Let m represent the number of miles driven. Which equation can be used to find the number of miles for which the rentals would cost the same amount? 60 + 0. 35 m = 80 + 0. 25 m 60 m + 0. 35 = 80 + 0. 25 m 60 + 0. 35 m = 80 m + 0. 25 m 60 m + 0. 35 = 80 m + 0. 25.

Answers

The equation that can be used to find the number of miles for which the rentals would cost the same amount is 60 + 0.35m = 80 + 0.25m.

The given parameters:

Cost from best rentals = $60 + $0.35 per mileCost from the easy movers = $80 + $0.25 per mileThe number of miles driven = m

The equation at which the cost for both rentals would be the same is formulated as follows;

$60 + ($0.35)m = $80 + ($0.25)m

60 + 0.35m = 80 + 0.25m

The number of miles is calculated as;

0.35m - 0.25m = 80 - 60

0.1m = 20

[tex]m = \frac{20}{0.1} \\\\m = 200 \ miles[/tex]

Thus, the equation that can be used to find the number of miles for which the rentals would cost the same amount is 60 + 0.35m = 80 + 0.25m.

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Which formula represents a molecule having a nonpolar covalent bond?.

Answers

The formula which represents a molecule having a non-polar covalent bond is: ethane ([tex]C_2H_6[/tex]).

A covalent bond can be defined as a bond that typically involves the sharing of electrons between the atoms of a non-metallic chemical element.

In Chemistry, the two (2) main types of covalent bond include:

Polar covalent bondNon-polar covalent bond

A non-polar covalent bond is a type of covalent bond that is formed when bonding electrons are shared equally between two (2) atoms. Thus, bonding electrons are shared equally in non-polar covalent bonds.

In conclusion, the formula which represents a molecule that has a non-polar covalent bond is ethane ([tex]C_2H_6[/tex]) because the hydrogen atoms are shared equally between the two (2) carbon atoms, as shown in the image attached below.

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