Do you have to provide a credit score to apply for a contractor's license? A) Yes, a minimum credit score is required B) No, credit score is not a consideration C) Only if you have a previous felony D) Only if you are applying for a residential license

Answers

Answer 1
Answer:

Answer: Yes, you do have to provide a credit score to apply for a contractor's license! The answer is A.

Explanation:

Do you have to provide a credit score to apply for a contractor's license?

Yes, you do have to provide a credit score to apply for a contractor's license! A credit score minumum is required, so the answer is A!


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If an adjustment for $7,500 in accrued revenues is omitted, how will this affect the financial statements?a. There will be no effect on the financial statements. b. Net income will be understated by $7,500. c. Accounts Receivable will be overstated by $7,500. d. Net income will be overstated by $7,500.

The difference between a secured loan and an unsecured loan is blank

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A secured loan has claim on assets in case the lender defaults. For example, a home buyer takes out a loan (secured against the home) with a bank to buy home. If the home buyer can't make repayments (or even goes bankrupt), the bank can sell the home to recover their lost money.

An unsecured loan does not have claim on any assets. All else being equal, an unsecured loan has higher interest rate.

Answer:

a secured loan requires a collateral and an unsecured loan does not.

Explanation:

Hope this helps. I got it correct on my Odyssey assignment.

Select the correct answer. which of the following marketing approaches is a promotional tool? A. sponsorship B. endorsements C. corporate sponsorship D. personal selling

Answers

Final answer:

Corporate sponsorship is a promotional tool in marketing.

The correct answer is option C.

Explanation:

The correct answer is option C. corporate sponsorship. Corporate sponsorship is a marketing approach that involves a company providing financial support to an event or organization in exchange for promotional benefits. It is a form of promotion where the company's name and logo are associated with the event or organization, helping to raise awareness and enhance brand recognition.

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Why are closing costs a one time fee?a.

Payment of closing costs is required because it is a sign to the lending institution that the investor has every intention of making payments on time.
b.

If closing costs were paid over time, they would most likely be forgotten and never paid off.
c.

Most home buyers pay for their houses in full, and consequently pay for the closing costs in full as well.
d.

The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

Answers

Answer:

D BOYS

Explanation:

Final answer:

Closing costs are a one-time fee because they pay for necessary services when buying a property, including title searches, loan origination fees, and realtor commissions. These costs are required to be paid at close to finalize the transaction and establish trust with the lender.

Explanation:

Closing costs are a one-time fee because they cover a variety of services and costs required to finalize the purchase of a property. These include title searches, loan origination fees, realtor commissions, and transfer taxes. After the closing of the purchase, the buyer's only remaining obligation is to repay the loan to the lender.

The reason these costs are paid in one lump sum at close rather than spread out over time is two-fold. Firstly, many of the services provided in these costs are required to be completed before the transaction can be legally closed. Secondly, by paying these costs upfront, the buyer ensures a clear transition of ownership and helps to establish trust with the lender.

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An income deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescence of the property

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Answer:

Depreciation is your answer

What do people think about the homeless

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They've either had crippling addictions, lacked the will to work, disabled, or just went bank rupt from a bad deal.

What are the steps involved in the financial planning process?

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There are about six steps involved in the process of financial planning that include identification, evaluation, and implementation of the courses of action for the accomplishment of an individual's financial goals.

What is the significance of financial planning?

Financial planning can be referred to or considered as a planning in which an individual or a group determines the actions that need to be performed in order to achieve the financial goals that they have for a particular period of time.

A financial plan is put in identification in first place; then after planning the course of actions are determined; and lastly, the implementations of actions for achievement of financial goals are taken as a part of the process of financial planning.

Therefore, the significance of the processes involved in a financial planning has been aforementioned.

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1. determining your current financial situation
2. developing financial goals
3. identifying alternative courses of action
4. evaluating alternatives
5. creating and implementing a financial action plan
6. reevaluating and revising the plan