Business, 06.10.2019 13:10 abeyhalley

Which rights are necessary for entrepreneurs to obtain credit and capital?
people who want to obtain from financial institutions can use their rights to do so.

1-
a) credit
b) goods
c) services

2-
a) economic
b) political
c) property

Answers: 2

Show answers

Answers

The correct options are as follows:
A. There are many regulations which have been put in place by the government in order to allow entrepreneurs to obtain credit and capital.One of such regulation is Equal Credit Opportunity Act. This law was enacted in USA in October, 1974 in order to pave way for business individuals to obtain loans. The law makes it illegal for any creditor to discriminate against any credit applicant on the basis of color, race, religion, etc.

B.The full sentence is this:
People who want to obtain CREDIT from financial institutions can used their PROPERTY rights to do so.
Credit as used in this context refers to loan, which one want to use to carry out a particular business activity. Such loans are usually obtained from commercial banks and other credit facilities. Individuals that are borrowing in this manner have to pay interest on the loans that are been given to them.

Property right refers to the legal ownership of a particular property. Some banks and creditors usually require that loan applicants should use their properties as guarantee that they are going to repay the money they are borrowing. In case they are not able to repay the money, their properties will be sold and the money used to replace the one they borrow.

Answer from: emilyturchon

I'll go in reverse order, as I want to explain more with question #1.

For question #2:
People who want to obtain credit from financial institutions can use their property rights to do so.

For question #1: Entrepreneurs need to be able to borrow funds without being subject to discrimination, and they need an economic environment open to investment in new businesses.

The Equal Credit Opportunity Act (1974) established that lenders cannot discriminate against any credit applicant on the basis of color, race, religion, etc. This protects entrepreneurs from discriminatory lending practices.

The Jumpstart Our Business Startups Act, or JOBS Act (2012), aimed to create an open environment for new businesses by entrepreneurs, by relaxing some of the securities regulations on small businesses. Title II of that act allows entrepreneurs to communicate with a larger number of investors as they sought funding. Title III (with rules that went into effect in 2015) allows for crowdfunding. Title IV allows investors to invest up to ten times as much in startups, with less strenuous registration requirements.

Answer from: Quest

answer; career pathways;

Answer from: Quest

answeraccounts;

Another question on Business

Business, 22.06.2019 12:10

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Answers: 2

Answer

Business, 22.06.2019 22:10

Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?

Answers: 2

Answer

Business, 22.06.2019 22:40

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?

Answers: 1

Answer

Business, 23.06.2019 01:20

Erp has all the following advantages except: modules throughout a corporation can communicate with each other while purchasing is difficult, the vendors such as sap make it worthwhile due to easy implementation have predefined software that represents "pretty good practices" or even "best practices" enables standardized procedures in an organization reduces inconsistent data stored in various locations of the organization

Answers: 3

Answer

You know the right answer?

Which rights are necessary for entrepreneurs to obtain credit and capital?
people who want to...

Questions