Which of the following is happening when a lending institution gains money from an individual's paycheck to cover outstanding debts?
A. Principal
B. Garnishment
C. APR
D. Harassment

Answers

Answer 1

When a lending institution receives an amount from the individual on his/her monthly paycheck for covering his/her due debts is called Garnishment.

Option B is the correct answer.

What is a paycheck?

A paycheck is a check provided to the employee for the work done by him/her. It defines the amount of remuneration and other incentives earned by the employee on a monthly basis.

A legal technique that allows a third party to reduce a certain amount from the salary or wages of an individual against the payment of any dues, then this technique is called Garnishment. The third party can be the bank of the debtor and the receiver is the lending institution to whom an individual has to pay back the due amount.

Therefore, Garnishment is the process where the lender receives a certain amount from the salary of the debtor against his/her dues.

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Related Questions

It is difficult to start up a major league sports team because existing professional teams have contracts with the best players and long-term leases on stadiums. Which barrier to entry does this illustrate

Answers

Control of a key resource is the barrier to entry of the startup of a major league sports team because existing professional teams have contracts with the best players and long-term leases on stadiums.

What is the barrier of control over key resources?

A monopoly is a market in which there is only one seller or a few sellers and no close substitutes for the seller's product or service. The term "monopoly" is technically applied to the market as a whole, but it is now widely applied to the sole vendor in a market as well.

The market may become a monopoly when one team has major control over a resource required for the startup of a team.

Thus, Control of a key resource is the to entry.

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After 10 years of working in her organization, Cassandra is moving into her fourth role, this time as a manager in the accounting department. What issue is likely to show up during an account review if her organization does not have strong account maintenance practices

Answers

Privilege creep are a problem of design or implementation, and changing roles is often not what makes them happen.  

What is Privilege Creep?

Privilege creep is a common problem when employees change roles over time and their rights and permits can be changed to reflect their new roles.

 

Privilege creep is not a common industry name, and termination of an account may mean that someone has removed his or her account instead of switching him or her to new groups or new roles.

Thus, the issue that Cassandra will face is Privilege creep.

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What is the purpose of a lien when you get a secured loan?.

Answers

Answer:

If you have trouble paying the loan, the lender can put a lien on the collateral (a lien is the legal term for the lender's claim to the borrower's collateral.) The lender can keep the lien active until the loan is fully paid. At that point, the lien is lifted, and the collateral ownership reverts back to the borrower.

Explanation:

Please help
Write in complete sentences to explain what a budget is, how to make one, and how to balance it.

Answers

A budget is a plan you make to decide how you spend your money.

To make a budget you must decide how much of your money you want to spend and how much of it you want to set aside. To balance a budget, keep track of all your expenses, payments, and income.

Which of the following is prohibited from being an S corporation shareholder? Multiple Choice Foreign citizens that are U.S. residents U.S. citizens C corporations 51 unrelated individuals None of the choices are correct.

Answers

The following is prohibited from being an S corporation shareholder is  None of the choices, Option D. This is further explained below.

What is an S corporation shareholder?

Generally, S corp shareholders are people who own stock in a company that is taxed as a subchapter S corporation.

In conclusion, Foreign citizens can be S corporation shareholders.

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A company needs to package 7,560 beads. A wooden container shaped like a rectangular prism can hold 180 beads. A plastic cylindrical container can hold 126 beads. The wooden container costs the company $0. 70, while the plastic container costs $0. 40. Which container should the company use to minimize cost? explain. The wooden containers should be used because it will cost $5. 40 more to use the plastic containers. The plastic containers should be used because it will cost $5. 40 more to use the wooden containers. The wooden containers should be used because it will cost $16. 20 more to use the plastic containers. The plastic containers should be used because it will cost $16. 20 more to use the wooden containers.

Answers

According to the information, it can be inferred that the best option for the company is to use plastic containers because it is $5.40 cheaper than wooden containers.

How to calculate the total value of each container?

To calculate the total value of each type of container we must do the following mathematical operations.

Calculate how many containers we need of each type. For this we divide the total number of beads in the capacity of each container:

7560 ÷ 180 = 427560 ÷ 126 = 60

Then we multiply the number of containers of each type by the value of each:

42 × $0.70 = $29.460 × $0.40 = $24

Finally we take the difference between both values ​​to know which is cheaper and what is the difference with the other type of container.

$29.4 - $24 = $5.4

According to the above, the best option for this company is to transport the beads in the plastic container because it has a greater capacity and is $5.4 cheaper than the wooden container.

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Which of the following government agencies regulates financial markets? a. osha b. the irs c. the faa d. the ots

Answers

OTS is an agreement in which a defaulting borrower agrees to pay a portion of their debt, it regulates Financial markets.

What exactly is this OTS?

OTS is an agreement in which a defaulting borrower agrees to pay a portion of their debt in order to prevent banks from pursuing legal action against them.

Financial markets are regulated by OTS government agencies.

Therefore, option d. explains the OTS.

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Answer:

D

Explanation:

Each week Pablo buys exactly 14 bottles of Bai Infusion drink regardless of its price. Pablo's own price elasticity of demand for the drink is Group of answer choices 0 -1 less than -1 more than -1

Answers

Based on the purchase, Pablo's own price elasticity of demand for the drink is: A. zero (0).

What is a price elasticity of demand?

A price elasticity of demand can be defined as a terminology that is used to measure the responsiveness of the quantity of a product demanded by a consumer with respect to a specific change in price of the product, all things being equal (ceteris paribus).

In this scenario, Pablo's own price elasticity of demand for the drink purchased is zero (0) because the quantity of drinks he buys is constant or remained the same i.e there is no change in the quantity demanded.

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When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, ideas, and more among themselves, it has developed what is called a __________.

Answers

The answer will be virtual community.

2. What assumption is this calculator making?

Answers

Answer: DO UR OWN HOMEWORK

Explanation

The largest network in the world is which of the following types?
WAN
ΜΑΝ
LAN

Answers

Wan is the worlds largest network

Scenario analysis involves changing one input to a financial forecast, whereas sensitivity analysis involves changing multiple inputs.
A. True
B. False

Answers

The letter B is false

Over the first four years of a company's life, it earned the following net income (loss): $6,000; $4,000; $7,000, and ($3,000). If the company's ending retained earnings is $8,400 after year 4, what is the average amount of dividends paid per year

Answers

Based on the retained earnings for the four years, the average dividend payment per year was $700.

What was the average amount of dividends?

This can be found as:

= Dividend payment for four years / 4 years

Dividend payment for four years:

= Net income - retained earnings

= (6,000 + 4,000 + 7,000 - 3,000) - 8,400

= $5,600

Average dividends:

= 5,600 / 4

= $1,400

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Which four of the following are examples of peripheral devices?

Select 4 correct answer(s)
A. Integrated speakers
B. Keyboard (cordless or bluetooth)
C. Headset
D. Printer
E. Integrated camera
F. Joystick

Answers

Answer:

Keyboard

Headset

Printer

Joystick

Yw :))

To prepare common-size financial statements, each line item needs to be calculated to a common-size percent. The formula for common-size percent is (_________) x 100.

Answers

In accounting, the formula for common-size percent is (Amount / Base amount) * 100.

What is a common size income statement?

This is a financial statement where every line item are expressed as a percentage of the value of sales in other to make analysis easier.

In this analysis, the percentage of the base is the ratio of the line item versus the total amount.

Thus, the formula for common-size percent is (Amount / Base amount) * 100.

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Teri's Photography has total assets of $50,800, fixed assets of $47,400, long-term debt of $36,300, and total debt of $42,900. What is the current ratio

Answers

The current ratio given the current assets and the current liabilitites for Teri's Photography is 0.52.

What is the current ratio?

Current ratio is a liquidity ratio. Liquidity ratios measure a firm's ability to meet its short terms obligations.

Current ratio = current asset /current liability

Current ratio = (total assets  - fixed assets) / (total liabilities - long term debt)

= (50,800 - 47400) / (42900 - 36300) =

3400 / 6600 = 0.52

In order to determine the current ratio, divide the current assets by the current liabilities.

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4. How can businesses try to ensure that their senior managers (both buyers and new business development managers) do not dismiss exciting technology and with it potentially profitable business

Answers

Senior executives in charge of new business development have the capacity to spot emerging technology and are continually thinking about new business prospects.

What is business?

An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business.

Senior executives in charge of new business development have the capacity to spot emerging technology and the existing products, brainstorming, individuals, consumers, unexploited patents, vendors, and technology are all sources of opportunity identification.

Managers can utilize competitive information to help them plan for the long and short term. Senior executives also gather knowledge about new technology via the media and the patent office.

Therefore, they can make informed decisions on innovative technology by using the New product development process to analyze data.

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From the three-year period of 2012 to 2015, new renewables jumped from 1.9% to 2.4% of U.S. energy consumption. If this rate of change were to continue, in approximately what year would the use of renewables exceed 10% of total energy consumed?

Answers

If the rate of energy consumption change were to continue, then in 2061 the use of renewable energies would exceed 10% of the total energy consumed.

How do you calculate energy consumption change?

In this case, it is possible to calculate the energy consumption change as 1.9% to 2.4% (0.5%) in three years >> 0.1666 per year.

And therefore 2060 - 2015 = 45 years >> 0.16666 x 45 = 7.5% energy consumption change and therefore 7.5 %  = 2.5% = 10% (2060).

If this rate of energy consumption change were to continue, then in 2061 the use of renewable energies would exceed 10% of the total energy consumed.

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Upper Echelon Inc., an American high-tech company, wants to set up operations in a foreign country. The company needs to select an entry mode that offers protection of its proprietary technology. Which entry mode is most suitable for Upper Echelon

Answers

Upper Echelon inc. wants to set up operations in a foreign country that offers protection of its proprietary technology and the most suitable entry mode is a wholly-owned subsidiary.

What do you mean by technology?

Technology refers to the greater application of scientific knowledge for practical purposes.

A wholly-owned subsidiary can be established in a foreign market by acquiring an established firm in the host nation.

Wholly owned subsidiaries best serve high tech protection in a foreign market because it reduces the risk of losing that competence.

Therefore, the wholly-owned subsidiary is the best entry mode for Upper Echelon.

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Trumbrella Corp. is a pharmaceutical company. One of its employees reports that he has suffered an on-the-job injury caused by the slippery factory floor that resulted in severe damage to his backbone. When Trumbrella initiates its claims processing, it should first:

Answers

In pharmaceutical organization, one of its employees, claims that he was injured on the job due to the slick factory floor, and his backbone damage. When Trumbrella begins processing claims, it must first determine whether the accident occurred.

What is pharmaceutical organization?

The pharmaceutical industry develops, manufactures, and distributes pharmaceuticals drugs for use as medications to be provided to patients in order to vaccinate, cure, or relieve symptoms.

Pharmaceutical companies may sell generic and brand-name drugs, as well as medical gadgets.

Pharmaceutical company Trumbrella Corporation. One of its employees alleges he was wounded on the job and suffered backbone injury as a result of the slick factory floor.

Therefore, trumbrella must first determine whether an accident occurred before it can begin processing claims.

Therefore, option A is correct.

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Wright Company uses the report form of the balance sheet. Which is the correct order for the assets section?

Answers

The correct order for the assets section are: Current assets, long -term investments. property, plant and equipment.

What is Balance sheet?

Balance sheet is a sheet that help to summarize and show a company or an organization financial statement.

The asset section of a balance sheet contains the following:

Current assetsLong -term investmentsPropertyPlant and equipment

Therefore the correct order for the assets section are: Current assets, long -term investments. property, plant and equipment.

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Why is Netflix's stocks going down?

Answers

Answer:

Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.

Explanation:

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What steps will add slicers to a pivottable? use the drop-down menu to complete the steps. select the pivottable. click the pivottable tools tab. in the group, click . in the insert slicer dialog box, select the fields to create slicers for. click ok.

Answers

A step that will add slicers to a PivotTable is to select the PivotTable and click the PivotTable Tools options tab.

The use of a PivotTable.

In Microsoft Excel, users can make use of various database tools to input and display a complete row of information within a specific range or table without scroll having to horizontally. Some examples of these database tools are:

Excel TablesPivotTables

The steps which can be used by end users to add slicers to a PivotTable include the following:

Select the PivotTable.Click the PivotTable Tools options tab.In the filter group, click insert slicer in the dialog box, select the fields to create slicers for.Click OK.

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Answer: The Correct Answer is B Click the Filter button in the Sort & Filter group.

Explanation: EDG2023

Product market comparisons that focus on labor costs are likely to deserve greater weight when:.

Answers

Product market comparisons that focus on labor costs are likely to deserve greater weight when product demand is inelastic.

What is the product market?

The product market is defined as the marketplace where final items or services are sold to firms and the government.

It does not concern trading in raw or another intermediate substances because it concentrates on the selling of finished goods. Business enterprise market and labor market are two speeches that are related to but not interchangeable.

When product demand is inelastic, product market comparisons that focus on labor costs are more likely to be valuable.

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By adopting the twinning strategy and... By adopting the twinning strategy and encouraging collaboration across units ArcelorMittal was trying to become more of a ________ organization.

Answers

ArcelorMittal was trying to become more of a barrier free organization by by adopting the twinning strategy and encouraging collaboration across units.

What is strategy?

This refers to the procedure of Organisation comes up with the alternative and how to respond effectively in certain situations to cope up with the hurdles and maintain the efficiency of the Organization.

Business Strategy is a description of the methodology and techniques to be followed to accomplish the task done in the Organization.

Hence, by adopting the twinning strategy and encouraging collaboration across units ArcelorMittal was trying to become more of a barrier free organization.

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According to Marx and Engels, the economic mode of production forms the _____. Other institutions form the _______.

Answers

Answer:

infrastructure; superstructure

Explanation:

quizlet

Nakeya and other foreign citizens allege environmental destruction committed overseas by Global Mining Company, a U.S. firm. To seek redress for their injuries in a U.S. court, these citizens can Group of answer choices

Answers

In order for Nakeya and the citizens to seek a redress in the court, they can:  c. bring civil suits under the Alien Tort Claims Act.

What is the alien torts claim?

This is a jurisdiction that allows people that are non Americans to bring cases to court for a redress.

The act is one of the laws that has to do with the violation of international human laws.

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A company has current liabilities of $176,000, total liabilities of $1,065,000, current assets of $220,000, and total assets of $1,500,000. The current ratio is ______.

Answers

Answer:

1.25 to 1

Explanation:

$220,000/$176,000 = 1.25 to 1

Which type of externality is likely to result from a consumer's decision to purchase a solar-powered vehicle instead of a gas-powered vehicle, and how does it arise

Answers

The type of externality that is likely to result from a consumer's decision to purchase a solar-powered vehicle instead of a gas-powered vehicle is postive externality.

What is postive externality?

A good has positive externality if the benefits to third parties not involved in production is greater than the cost.

When a person purchases a solar-powered vehicle instead of a gas-powered vehicle, the level of pollution would reduce. This would reduce the health hazards and dangers of pollution.

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The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash during the next year for​ property, plant, and equipment is the​ ____________________ section. A. ​Management's Discussion and Analysis of Financial Condition and Results of Operations B. Business Overview C. Financial Statements D. Notes to Financial Statements

Answers

The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash is the Management's Discussion and Analysis of Financial Condition and Results of Operations.

What do you mean by an investor?

An investor refers to any person or entity that invests capital with the expectation of receiving financial returns in the future.

Management Discussion and Analysis refers to a section of a company's annual report where the company's performance has been analyzed with qualitative and quantitative measures.

Management discussion and analysis is an important source of information for analysts and investors who want to check the company's financial performance.

Therefore, A is the correct option.

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Hello people ~In a region of constant potential(a) the electric field is uniform.(b) the electric field is zero.(c) there can be no charge inside the region.(d) both (b) and (c) are correct. What made the movie the boy in the striped pajamas interesting? Which industry makes up the largest percentage of this funds holdings? state the difference between a conductor and an insulator.[tex] \\ \\ \\ [/tex]thankyou ~ Which word fits the best in the blank below? Anna was __________ about claims that a herbal tea could cure her migraine. Find the perimeter of the stained-glass window if each small square is 6 in. ona side. Find the surface area of each prism 2cm8cm 8cm PLEASE HELP ME with this question How did America participate in World War II?The United States fought to keep democratic forms of government from spreading around the world. The United States led the free world in a struggle against oppressive governments. The United States worked to liberate the Jews from concentration camps. The United States remained isolated and resisted calls to actively enter the war. 15) A rehearsal where movements and groupings on the stage arepracticed.Blocking RehearsalDress RehearsalPrepared RehearsalWorking Rehearsal What excerpts from "the storyteller" indicate that the aunt is unaware of her flaws? select two options. "an aunt belonging to the children occupied one corner seat, and the further corner seat on the opposite side was occupied by a bachelor who was a stranger to their party, but the small girls and the small boy emphatically occupied the compartment." "come over here and listen to a story, said the aunt, when the bachelor had looked twice at her and once at the communication cord." "its a very difficult thing to tell stories that children can both understand and appreciate, she said stiffly. "i dont agree with you, said the bachelor. "perhaps you would like to tell them a story, was the aunts retort." "the aunt suppressed a gasp of admiration." "a most improper story to tell to young children! you have undermined the effect of years of careful teaching." Why is peer review useful? A. Your peers might know your topic better than you do.B. If you wrote the paper, you wont be able to find anything wrong with it.C. A reviewer doesnt know what youre trying to say, so he or she can tell you what your report actually says. Binary molecules haveA) multiple (2+) or many elements bonded ionically & covalently.B) 2 elements ionically bonded.C) 2 elements covalently bonded.D) 1 element covalently bonded. The cube has a volume of 340 cubic inches. Approximate the length d of the diagonal to the nearest whole number. Find the missing side length of the right triangle Four students were discussing how to find the unit rate for a proportional relationship. Which method is valid? Look at the graph of the relationship. Find the y-value of the point that corresponds to x = 1. That value is the unit rate. Look at the graph of the relationship. Count the number of units up and the number of units to the right one must move to arrive at the next point on the graph. Write these two numbers as a fraction. Look at the graph of the relationship. Find the x-value of the point that corresponds to y = 2. That value is the unit rate. Look at the graph of the relationship. Find two points which have y-values that are one unit apart. The unit rate is the difference in the corresponding x-values. PLS HURRY Consider the line - 3x +9y = 5.Find the equation of the line that is perpendicular to this line and passes through the point (5, -1).Find the equation of the line that is parallel to this line and passes through the point (5, -1). What do you think are the characteristics of the Philippines that considered a developing country? If the water has water underwater,Is the water that is underwater drowning? What is the meaning of the word idle as it is used in this selection? a) inactive b) incomplete c) jealous d) worried