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A persons ability to pay off debts based on the money that person has available to meet financial obligations is called what?
D. Capacity
What is the meaning of lending?
Lending is the monetary help which is provided by some financial intitution to the needy persons or organisations.
Why does a persons current financial position might affect his or her financial plans?
A person's current financial position influences their financial plans by determining their available resources, such as income, savings, and debt levels. Those with a stable income and savings can afford to invest more aggressively or plan for long-term goals like retirement, while individuals with high debt or unstable income may need to focus on debt repayment and budgeting. Additionally, financial security can impact risk tolerance and investment strategies, shaping how one approaches future financial objectives. Overall, understanding one's financial position is crucial for creating realistic and achievable financial plans.
How can you get denied for a secured credit card Is it not your money?
Financial institutions have their guidelines for extending credit - whether secured or unsecured. They are not required to extend these products to persons not meeting their guidelines.
How does a new homeowner get a mortgage?
Prior to purchasing a new home, people often get pre-approval status with either a mortgage broker or a financial institution. From there, persons can actively search for houses. It is often done prior so to prevent persons from overspending or loving a home which they can not afford.
A persons ability to pay off debts based on the money that person has available to meet financial obligations is called what?
D. Capacity
Restrictions on a persons behavior which demands the person to do or refrain from doing something are called?
Obligations
What is audiogram?
A record of a persons hearing ability obtained by a audiometer. An audiometer is an instrument used in detecting the sounds available to the human ear
Who are the users of financial information that are focused on the business ability to meet their financial obligation?
the internal and external users are the persons who uses the financial information , either they are directly related to the company or indirectly to their use, they are basically shareholders, debentureholders,creditors, employees and the government, financial institutions and other organisation to evaluate the status of the company.
What is law of persons?
The law of persons is a branch of law that deals with the legal status and rights of individuals and legal entities, such as corporations. It encompasses the capacity to hold rights and obligations, as well as issues related to legal personality, such as age, mental capacity, and the distinction between natural persons (individuals) and juristic persons (organizations). This area of law is fundamental in determining how individuals and entities interact within the legal system and their ability to engage in legal transactions.
Is the ability of persons groups or institutions to influence political developments?
The ability of persons, groups, or institutions to influence political developments would be called power.
What is the ability of persons groups or institutions to influence political developments?
The ability of persons, groups, or institutions to influence political developments would be called power.
The ability of persons or institutions to control policy?
power
Is the ability of persons or institutions to control policy?
Power
Can affect a persons ability to think move and speak?
Stroke.
How will sight affect persons ability?
they will not be able to see, obviously.
What is personality in business law concepts?
In business law, personality refers to the legal recognition of an entity's ability to have rights and obligations. This can apply to individuals (natural persons) and organizations (juridical persons), such as corporations or partnerships. Legal personality allows these entities to enter into contracts, sue and be sued, and own property. Understanding personality is crucial for determining liability and the legal capacity to engage in business activities.
