« previous next »

Author Question: Under the Rule of 78, the interest earned by the lender is A) disproportionately pushed to ... (Read 13 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
on: Jul 11, 2018
Under the Rule of 78, the interest earned by the lender is
 
  A)
 
  disproportionately pushed to the front of the loan period.
  B)
 
  calculated using the simple interest method.
  C)
 
  uniformly spread over the life of the loan.
  D)
 
  a miscellaneous deduction on your federal tax form.

Question 2

Joe is deciding whether or not to invest 10,000 in a business that has pending lawsuits against it. If Joe invests and the business loses the lawsuits, the most Joe can lose is:
 
  A) 10,000 if Joe is a general partner.
  B) 10,000 if Joe is a sole proprietor.
  C) 10,000 if Joe is a limited partner.
  D) 10,000 plus his share of the lawsuits if Joe is a limited partner.


Cheesycrackers

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 11, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Chargaff's Rule Chargaff's Rule
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
In the summer of 1963, Buddhist monks protested against the rule of Diem (and his brother, the ... In the summer of 1963, Buddhist monks protested against the rule of Diem (and his brother, the ...
A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ... A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ...
Find the derivative by using the chain rule, question 2 Find the derivative by using the chain rule, question 2
Find the derivative by using the quotient rule. Find the derivative by using the quotient rule.
Video: Fermentation pathways

For a complete list of videos, visit our video library