Answer: Loans are classified into secured and unsecured ones.
The most common types of loans
1. Personal Loans - Issues by Financial institutions to any individuals for their personal uses.
2. Auto Loans- When you buy a vehicle, an auto loan lets you borrow the price of the vehicle minus any down payment.
3. Student Loans - It can help to pay for college and graduate school.
4. Mortgage Loans - A loan that covers the cost of a home's purchase less any down payment. If mortgage payments are not made, the lender may foreclose on the property, which serves as collateral. Mortgage payments typically take 10, 15, 20, or 30 years to complete. Government organizations do not insure conventional mortgages.
5. Payday Loans - Payday loans are one kind of loan to stay away from. These payday loans are usually subject to fees with annual percentage rates (APRs) of 400% or higher, and they must be fully repaid by your next paycheck.
6. Home Equity Loans - It lets you take out a loan for any purpose, up to a certain percentage of the equity in your home. Loans with installments are home equity loans. You get a lump sum and repay it over time (typically five to thirty years) in consistent monthly installments.
people he works with. In addition, he took many classes in finance.
Which career does Colby most likely have?
O Marketing Communications and Promotion
O Professional Sales and Marketing
O Distribution and Logistics
O Management and Entrepreneurship
Management and Entrepreneurship career does Colby most likely have. Thus, the correct option is D.
The creation or extraction of economic value is referred to as entrepreneurship. According to this definition, entrepreneurship is considered as transformation that typically involves greater risk than is typical when beginning a business and may also involve values other than just financial ones.
A person who starts and/or invests in one or more enterprises, taking on the majority of the risks and reaping the majority of the gains, is referred to as an entrepreneur.
Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
More specific definitions of entrepreneurship have been given as the process of developing, organizing, and managing a business initiative, together with any associated risks, in order to turn a profit. This process is frequently comparable to that of running a small business.
Learn more about Entrepreneurship, here
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Answer:
D
Explanation:
*refraining from engaging in harmful practices<br />
*making ethically correct business decisions<br />
*providing support to employees.will you pleas explain the four examples
1. Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.
2. Basing on the example above, it does not engage into any harmful practice.
3. Your decision will depend on increasing the fee of gym users or improving the interior design of your gym
4. It provides support to the employee because they can interact with the gym users and can use the gym too
D. Customs, would be the answer
That wound be B.Tariffs.