If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay

Answers

Answer 1
Answer:

Answer:

C, Your credit score might go down.

Explanation:

I just took the test

Answer 2
Answer: You would have to pick up the payment from where they have left off.So basically you would be paying there credit card bill

Related Questions

The E Company has sold five million toasters. There have never been any safety problems with the toasters. One toaster, for no apparent reason, electrocutes the son of a woman who bought the toaster In a suit against the E Company for the death, the company is likely to be held:______. a. not liable because one in five million toasters is evidence of high quality, not a safety problem b. not liable because the toaster was purchased by the woman, not her son, so there is no right to sue c. not liable because of assumption of the risk, a reasonable person knows that using an electrical appliance could result in injury d. liable in strict liability based on a manufacturing defect theory e. liable in strict liability based on a design defect theory
A budget is in what state when more is collected than spent?a. surplus b. deficit c. balanced d. equalized
Why must old currency be taken out of circulation When new currency is made?
Suppose taxpayers are given a one-time only rebate on previous taxes paid. If consumers spend all of their tax rebate checks, what takes place in the economy? A.Aggregate demand shifts to the right. B.The LRAS curve shifts left. C.Aggregate demand shifts to the left. D.Inflation decreases.
Which of the following circumstances usually comes before a period of economic contraction?A) Decreasing inflationB) High unemployment C) Low GDPD) Peak production

Which of the follow statements best defines inflation?A.
Prices continue to fall, and there is a decline in purchasing power.

B.
Prices continue to rise, and there is a decline in purchasing power.

C.
Prices continue to rise, and there is an increase in purchasing power.

Answers

Answer:

c

Explanation:

A flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. T/F

Answers

Answer:

False

Explanation:

A flexible budget is a financial plan that varies with the levels of output and input. It is a budget that adjusts to the needs of a company and the actual revenue levels.  Flexible budgets contrast fixed budgets that remain the same regardless of actual income levels.

A flexible budget uses actual revenues for a period. It records the actual expenses incurred, whether fixed or variable.  A flexible budget like other financial plans and will have fixed, and variable costs indicated separately. Separating fixed and variable cost helps the management in evaluating financial performance for that period.

A person who believes strongly in the use of fundamental analysis to choose a portfolio of stocks a. almost always chooses to hold index funds in his or her portfolio rather than actively-managed funds.
b. is spending his or her time wisely if the efficient markets hypothesis is correct. econ

Answers

Correct question: A person who believes strongly in the use of fundamental analysis to choose a portfolio of stocks

A. has a better chance of outperforming the market if stock prices follow a random walk than if they do not follow a random walk.

B. almost always chooses to hold index funds in his or her portfolio rather than actively-managed funds.

C. is interested in the likely ability of a corporation to pay dividends in the future.

D. is spending his or her time wisely if the efficient markets hypothesis is correct.

Answer:

C, is interested in tthe likely ability of the corporation to pay dividends in future.

Explanation:

Fundamental analysis is the evaluation of the value of an asset and its future price as a result of some factors.

Fundamental analysis is used to determine the value of a stock based on its ability to dividends, expected final sale and the ability of the corporation to pay dividends.

In simple term, fundamental analysis is the analysis of a stock to know if it will yield profits (dividends) or not and this in turns help to decide whether to buy up such stock or otherwise.

I hope this helps.

Information gathered from observing the growth of a fish over a month is calleda. data.
b. inferences.
c. variables.
d. hypotheses.

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The information gathered from observing the growth of a fish over a month is called : A. Data
Data refer to the information/statistics that's collected from past experiences or various observation that could support the result of the experiment

The withdrawal of older workers from paid working life is called: A. career employment B. retirement C. part-time work D. disengagement

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If i am correct your answer would be, B
I'm pretty sure it's b. Retirement

Tree pruning company a charges a one-time $100 equipment fee and charges $50 for each tree that it prunes. Tree pruning company b charges a one-time $80 equipment fee and charges $60 for each tree that it prunes. Let the variable t represent the number of trees pruned and let the variable c represent the cost. For how many pruned trees will the cost be the same for both companies? which system of equations can be used to solve this problem?.

Answers

Both companies should purned 2 trees to charge the same total cost. The system of equations can be used to solved this problems are:

  • C = $100 + $50t = $80 + $60t

From the case, we know that each tree purning companies' total costs are:

Company  A cost = $100 once equipment fee + $50 per tree

Company B cost = $80 once equipment fee + $60 per tree

We can make the equation of total cost for both companies as:

Company A

c (A) = $100 + $50t

Company B

c (B) = $80 + $60

where:

c = total cost

t = number of trees

Since we want to know the number of trees when both companies's total cost are equal, we need to make both total cost equations equals.

c (A) = c (B)

$100 + $50t = $80 + $60t

$20 = $10t

t = 2 trees

Learn more about Total Cost here: brainly.com/question/16779948

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