You are working with a customer who has disclosed they have new payment obligations that do not appear on their credit report. You realize that your customer qualifies for a loan based on figures calculated using only payment obligations reported on their credit. In order to ensure your client qualifies, you decide to exclude the payment obligations that do not appear on the credit report. This action is:

Answers

Answer 1

Answer:

illegal and unethical

Explanation:

Business Ethics

This is simply known as principles and standards in the business world that determine conducts which are acceptable in business. For a behavior to be acceptable in business is determined by organization, stakeholders like customers, competitors, government regulators, interest groups, and the public.

Unethical conducts are not always illegal. Unethical behavior or conducts are actions deemed or known by society as not really illegal, and both legal and ethical concerns change over time.

One is required to count any payment obligations you know about even if they do not appear on the credit report. For not counting a payment obligation.is not only illegal, it is misrepresentation and also unethical.


Related Questions

In classifying the kinds of projects an organization has in its portfolio, projects that are typically those needed to meet regulatory conditions required to operate in a region are ___________ projects. Multiple Choice Conformance Compliance (must do) Operational Sacred cow Strategic

Answers

Answer:

complicances

Explanation:

How does microfinance benefit the global economy?​

Answers

I am sorry I do not know

Consistent with the ________ principle, plant assets should be recorded at cost, which includes all the normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. Multiple choice question. plant asset cost full disclosure monetary unit

Answers

( cost )

Consistent with the cost principle, plant assets should be recorded at cost, which includes all the normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. Multiple choice question. plant asset cost full disclosure monetary unit

a. The amount of each lease payment will be increased by the option price. b. The lessee must decrease the present value of the lease payments by the present value of the option price. c. There is no impact as the option does not enter into the transaction until the end of the lease term. d. The lessee must increase the present value of the lease payments by the present value of the option price.

Answers

Answer:

d). The lessee must increase the present value of the minimum lease payments by the present value of the option price.

Explanation:

The bargain purchase option refers to the clause mention in a lease contract or agreement which provides the lessee [tex]\text{to purchase}[/tex] or buy a leased asset from a person at the end of the [tex]\text{lease period}[/tex] at a price which is substantially below its [tex]\text{fair market value}[/tex].

In bargain purchase option, the present value of a [tex]\text{minimum lease payments}[/tex] can be increased by bargain purchase option. So the lessee must [tex]\text{increase}[/tex] the present value of [tex]\text{minimum lease payments}[/tex] by the present value of the [tex]\text{option price.}[/tex] This is the impact of the bargain purchase option on the present value of [tex]\text{minimum lease payments}[/tex].

Thus, the correct option is (d).

The profit earned from the sale of stock that has increased in value is known as

Question 4 options:



A: a stock exchange.




B: speculation.




C: a capital gain.




D: a dividend.

Answers

Answer:

a capital gain . that is c

n a bicycle race with a $5,000 prize for the winner, a cyclist was leading by a significant margin. A spectator at the race was married to the second place rider. Sensing that her husband would not win unless she took action, the spectator drove to a point two miles ahead on the course, scattered several nails in the middle of the course, and then left the area. Soon thereafter, the cyclist approached the area and noticed the nails. He attempted to swerve around the obstruction but a nail punctured his tire. He fell off his bike, suffered significant physical injuries, and was unable to complete the race. If the cyclist sues the spectator, under what theory is the cyclist least likely to recover maximum punitive damages

Answers

Answer: intentional infliction of emotional distress.

Explanation:

In order for an individual to be able to make a claim of intentional infliction of emotional distress, it is required that the plaintiff must prove that the defendant intentionally acted recklessly or caused emotional distress to the person. In this case, there no evidence that an emotional distress was suffered.

Therefore, the theory that the cyclist is least likely to recover maximum punitive damages is intentional infliction of emotional distress.

which of the following behavior patterns may be a characteristic of minors

Answers

Answer:

Self conscious about appearance

Explanation:

A minor is a usually adopted as term used to make distinction between an adult who can take up legal responsibilities and a child who legally below the specified age of the majority or adulthood. Distinction between minors and adulthood is usually based on the age of the individual. Person below the age of 18 in most countries are considered as minor. They possess certain characteristics which may include excessive consciousness about looks and trying to avoid eyes contact as much as possible.

An organization has experienced significant turnover among its creative writers. During exit interviews, the writers have expressed dissatisfaction with rigid starting times, a lack of recognition for their work, and poor communication between managers and employees. How should the organization incorporate the social well-being aspect in its action plan to address the issue?

Answers

Answer:

Establish a work/life program that allows flexibility.

Explanation:

In the case when there is the exit interviews so the writer would shows the dissatisfaction also there is less recognition towards the work and the poor communication between the managers and employees

So the organization should incorporate the social well being in a way where it created the work or life program that permits the flexibility

So as per the given situation, the above statement should be the answer

How does microfinance benefit an economy?​

Answers

Answer:

it enables people to use money wisely

Explanation:

this is because a specific amount of money will be provided for a specific reason

Rapida Inc. and Click Inc. are two companies that have been manufacturing typewriters for almost 30 years. Due to the reduced demand for typewriters today, both companies' average return on invested capital is approximately –5 percent. The current industry average is 2 percent. In this scenario, Rapida Inc. and Click Inc. most likely have

Answers

Answer:

The answer is "competitive parity with each other".

Explanation:

It refers to spending on a level equal to your opponents, while you spend more on performing than our competition in a competitive edge. The goods offered by the competitors are each were and can easily be swapped with the product.

It is a defensive strategy used by companies, whilst still the financial resources, to protect their image, brand & positioning. A sector where, compared to others in your sector, you achieve ordinary or average results.

household play a role in the circular flow of goods by

Answers

Answer:

C) purchasing goods at product markets

Answer:

C. purchasing goods at product markets

Explanation:

It said on the test

Sunshine Meals Inc. is a company that sells breakfast foods such as cereals and pancake mixes. The company conducts a study to segment its consumers. It finds the following segments: Segment A: Consists of a small group of individuals who purchase four boxes of the brand's cereal every week. In comparison, the average user consumes one box every week. Sunshine targets segment A by providing them with samples of other Sunshine products with the purchase of one box of cereal. Segment B: Consists of a large number of college students and individuals who have recently begun living on their own and require ready-made mixes as their breakfast solution. Sunshine targets these consumers by providing more variety with pancakes and waffle mixes. Segment C: Consists of consumers who are not consistently buyers. Targeting these consumers could prove a loss for the company.

Answers

Answer: Niche marketing

Explanation:

Your question isn't complete but the remainder has been added as the comment.

Niche marketing simply refers to the promotion and the sale of a product to a specialized segment in the market. Niche market is the segment of a larger market which has its own unique needs, and preferences.

If Sunshine Meals Inc. begins producing a range of sugar free marmalades to target a small segment of health conscious consumers who would be willing to pay a premium price for products appropriate for their diets, then it's refered to as niche marketing.

Years ago, the travel industry was controlled by a few large travel companies that booked holidays, air tickets, bus tickets, and hotels for their customers. However, with the emergence of the internet, smaller travel agencies started mushrooming in the industry and customers started making their own reservations. Which of the following can be inferred from this information?
A. The travel industry changed from a consolidated structure to a fragmented one.
B. The structure of the travel industry changed from monopolistic competition to an oligopolistic one.
C. The pricing power of the incumbent firms in the travel industry has increased.
D. The bargaining power of buyers in the travel industry has decreased.

Answers

Answer:

A. The travel industry changed from a consolidated structure to a fragmented one.

Explanation:

In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.

But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.

This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.

Thus, the correct answer is option A.

Managers should not become complacent about efficiency-based cost advantages because: a. both learning effects and economics of scale go on forever. b. the experience curve will bottom out at some point. c. cost advantages gained from experience effects are not affected by the development of new technologies. d. unit costs keep reducing as output increases. e. the experience curve steadily rises after a certain threshold is reached, indicating an increase in unit costs.

Answers

Answer:

b. the experience curve will bottom out at some point.

Explanation:

In the case when the manager could not become complacent regarding the advantage of efficiency based cost so here the experience curve should be end up at some point of time as the experience curve shows the relationship between the production quantity in cumulative one with the production cost

Therefore the option b is correct

Your customer calls you in the morning and tells you to lock the interest rate at the 5.5% you initially disclosed. You commit to lock the rate, but your day becomes busy and you aren't able to lock it until later in the day. When you go to lock the rate, you notice that the pricing has changed since this morning and the rate of 5.5% is now going to cost an additional $500.00. What is the most appropriate course of action?

Answers

Answer: You or your company should pay the $500 and lock the rate.

Explanation:

You had already given your customer reasonable assurance that you would lock the rate so this is what they expect. You must therefore do as you have promised to your customer regardless of what the cost would be because the fault here lies with you.

You should therefore pay the $500 unless there is some company policy that allows them to pay it instead. Once done, you will be able to lock in the rate and fulfill your obligation to your customer.

Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with

Answers

Answer:

Sales promotion

Explanation:

From the question we are informed about Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with Sales promotion.

Direct marketing can be regarded as any marketing which is based on

direct communication as well as direct distribution of products to individual consumers, it's not carried it with help of third party like social media, texting campaigns or mass media.

Sales promotion can be regarded as a process involving persuasion of a potential customer so they can buy a product. Sales promotion is a technique suitable to be used in short-term tactic so that sales can be boosted, and usually target at consumers.

All of the following are examples of body language except:

Answers

Answer:

using humor to describe a situation

Answer:

I would go with b. using humor to describe a situation

Explanation:

Using humor is basically trying to accentuating your point/situation,so that's excluded.

I hope this helps

egislation permitting states to completely ban the sale of cigarettes and other tobacco products was passed by Congress and upheld by the United States Supreme Court. Following the lead of other states, a state legislature declined to enact a complete ban on tobacco products. However, it passed a compromise measure that banned all advertisements for cigarettes and tobacco products by any print or broadcast media located in the state. A state tobacco distributor that wished to advertise in local newspapers brings an action in federal court to challenge the state statute. How is the court likely to rule

Answers

Answer:

The statute is unconstitutional because the right to ban all truthful advertising for a product is not automatically justified by the right to ban the sale of a product entirely.

Explanation:

Considering the scenario described in the question above, the would court likely to rule that "the statute is unconstitutional because the right to ban all truthful advertising for a product is not automatically justified by the right to ban the sale of a product entirely."

This is because according to the regulations guiding the Advertisement of products and services, the state can only limit a truthful and non-deceptive advertisement of products and services if the state asserts a substantial government interest. Otherwise, it would be considered to be an improper restriction of commercial speech in as much the advertisement is not misleading and fraudulent.

positive factors of bangladesh trading with united states

Answers

Answer: Increased revenues, benefitting from currency exchange

Explanation:

There benefits doing international trade. One of the the things that helps the economy of a nation is how well it does trade it's resources to other nations. Some of the benefits of Bangladesh trading with united states is that it increase the revenue of Bangladesh, and improves if the trade are more. Secondly, they benefit from the currency exchange rates. The United States has one of the best rates when we talk of currencies, and those trading with them will improve their local currencies too.

If the public decides to hold more currency and fewer deposits in banks, bank reserves a. decrease and the money supply eventually decreases. b. decrease but the money supply does not change. c. increase and the money supply eventually increases. d. increase but the money supply does not chang

Answers

A. Decreases and the money supply eventually decreases

Honi is not a resident of Iowa although her website can be accessed by residents of that state. Jean files a suit against Honi in an Iowa state court. The court is most likely to have jurisdiction over Honi if Jean's claim arises from Group of answer choices the Internet's capacity to bypass boundaries. minimum contacts between Honi and any Iowa resident. substantial business between Jean and Honi through Honi's website. passive advertising on Honi's website.

Answers

Answer:

substantial business between Jean and Honi through Honi's website.

Explanation:

Jurisdiction of a court is the limit of its authority in in various proceedings such as cases, appeals, suits, and so on.

Normally state courts have jurisdiction when transactions occurred physically within the state.

However in this scenario where Honi's website can be accessed by residents of that state, a suit can be brought against her if there is substantial business between Jean and Honi through Honi's website.

how does the exchange rate affect international trade

Answers

Answer: The correct answer is C. They determine how much can import for a certain amount of currency.

Explanation:

on january 1, pumpkin corporation acquired 70 percent of spice company's common stock for #210,000 cash. what amount will be reported as noncontrolling interest in the consolidated balance sheet immediately

Answers

Answer:

$90,000

Explanation:

We are assuming that the $210,000 paid for 70% of Pumpkin Corporation represents a fair value for their stock. The non-controlling interest is 30% of the company's stocks and we can use the value paid to determine the value of the non-controlling interest.

Non-controlling interest = ($210,000 / 70) * 30 = $90,000

What is the new law the American government enacted for promoting small businesses in the country?

O The Small Businesses Act of 1954.
O The Small Businesses Act of 1953.
O The Small Businesses Act of 1955.
O The Small Businesses Act of 1958.

Answers

Answer:

The Small Businesses Act of 1953.

Explanation:

In the United States of America, majority of the competitive landscape or business environment is made up of small business enterprise.

The Small Business Administration (SBA) is an agency of the federal government that is saddled with the responsibility of providing both managerial and financial assistance to small businesses in the United States of America.

The Small Businesses Act of 1953 was enacted as an Act of Congress on the 30th of July, 1953 by the Congress of the United States of America to create the Small Business Administration (SBA).

Hence, SBA was established in 1953 as an autonomous (independent) agency of the government of the United States of America to aid, counsel, assist and protect American entrepreneurs and to preserve small business institutions.

Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, so as to provide them with the necessary funds required to plan, start and grow their business.

Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.

In conclusion, the Small Businesses Act of 1953 was the new law the American government enacted for promoting small businesses in the country.

Zero Corp. is an investment company authorized to issue only common stock. During the last half of the year, Edwards and four other individuals owned 450 of the 1,000 outstanding shares of stock in Zero. Another 350 shares of stock outstanding were owned, 10 shares each, by 35 shareholders who are neither related to each other nor to Edwards. Zero could be a personal holding company if the remaining 200 shares of common stock were owned by:

Answers

Answer:

Fifty-five shareholders who are related neither to each other nor to Edward, in equal lots of 10 shares each

Explanation:

100% correct

Why is the market demand curve for public goods calculated as a vertical summation of individual demand​ curves?
A. because public goods require vertical summation to account for the higher level of fairness compared to private goods.
B. because public goods are finite in availability of​ consumption, so the vertical summation accounts for the limit.
C. because the public good is​ non-rival, so you and others can consume every unit of the good at the same time.
D. because public goods are the opposite of private​ goods, therefore the summing must be done similar to club goods.

Answers

Answer:

c

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue. The demand curve for public goods is summed vertically because all individuals can consume every unit of the good at the same time.

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the ferrari and those you allow that can use the ferarri.

Use the following to answer question 10: Presented below is information related to ABC Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par—Common Stock Preferred 8 1/2% Stock, $50 par Paid-in Capital in Excess of Par—Preferred Stock Retained Earnings Treasury Common Stock (at cost) $3,500,000 550,000 2,000,000 400,000 1,500,000 150,000 10. The total stockholders' equity of ABC Corporation is

Answers

Answer:

Explanation:

Calculation to determine what The total stockholders' equity of ABC Corporation is

Using this formula

Total stockholders' equity

=Common Stock+Paid-in Capital in Excess of Par—Preferred Stock + Paid-in Capital in Excess of Par—Common Stock + Preferred Stock, + Retained Earnings -Treasury Common Stock (at cost)

Let plug in the formula

Total stockholders' equity=$3,500,000 + 400,000 + $550,000 + $2,000,000 + $1,500,000 - $150,000

Total stockholders' equity= $7,800,000

Therefore The total stockholders' equity of ABC Corporation is $7,800,000

History of Stock Exchange in India

Answers

Answer:

The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.

Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.

They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.

The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.

Consider industries X and Y. Industry X has total revenue of $100 million and total costs of $77 million. Industry Y has total revenue of $80 million and total costs of $40 million. We should expect that:
A. resources will move from Industry Y to Industry X.
B. prices are higher in Industry X.
C. labor and capital will move from Industry X to Industry Y.
D. firms in both industries will shut down operations.

Answers

Answer:

C

Explanation:

Profit = total revenue - total cost

Industry X : profit =  $100 million - $77 million = $23 million

Industry Y : profit = $80 million - 40 million = $40 million.

Industry Y is more profitable than industry X, thus, there would be a move of resources from Industry X to Industry Y.

Draw a market supply and demand curve representing a state with no restrictions on who can conduct the real estate closing transaction.

Answers

Answer:

attached below

Explanation:

Supply and demand curves are used to represent the relationship between the two main forces of the open market ( demand and supply )

with no restriction on who can conduct real estate closing transaction, when the demand curve shifts to the right there will be no change with the supply curve. but the price will move from P1 to P2 and quantity will move from Q1 to Q2.

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