« previous next »

Author Question: Under the Rule of 78, the interest earned by the lender is A) disproportionately pushed to ... (Read 75 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?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Rule of Nine for burns. Rule of Nine for burns.
How to perform the substitution rule with integrals (Part 1) How to perform the substitution rule with integrals (Part 1)
Find the derivative using the power rule Q2 Find the derivative using the power rule Q2
Find derivative using chain rule Find derivative using chain rule
Which of the following molecules are exceptions the octet rule? Which of the following molecules are exceptions the octet rule?
Compound interest Compound interest
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library