What is the difference between “usury” in the Old Testament and in current business law? Do you think the government should limit the rate of interest that can be charged?

Q: Historically, usury laws that put below-equilibrium ceilings on interest rates have been used by…

A: A price ceiling is a type of price control that creates a barrier to the maximum price that can be…

Q: Differentiate the following investments by determining its advantage or disadvantage Money market…

A: Money market: The money market can be defined as a market that is being used for trading short-term…

Q: Which situation leads to the distinction between nominal and effective interest?

A: If the compounding is more frequent than once per year, then the nominal and effective interest rate…

Q: ng the ihe savings bank rate? [A] Central Government [B] Banks themselves [C] Reserve Bank of India…

A: Option B Banks themselves decide the savings Bank rate in India.  RBI regulates the interest rates…

Q: an saw an item at a local department store that she considered purchasing but did not. After getting…

A: Forgery: It refers to a situation in which the people signs or copy the signature of some other…

Q: In chapter 13 bankruptcy, the filer uses what to repay debt money from a loan O income from a steady…

A: Solution: In chapter 13, Bankruptcy, the filer uses what to repay debt? a) Money from a loan  b)…

Q: The act that requires those who give credit to reveal all the terms and conditions of their credit…

A: Federal government has made several rules and acts to protect the interest of consumers. The…

Q: Could corn be used as commodity money?

A: Commodity Money: The commodity money refers to the commodities that were used as the medium of…

Q: How do you think the banking sector has evolved overtime?

A: Banking, health, and education are the major sectors that can describe the situation of a nation.…

Q: The cost of money is established and measured by an interest rate. True or false?

A: Answer - Cost of Money -  Cost of the money is amount of interest can be charged on the money…

Q: The central bank (CB) decided to increase the discount rate on loans it makes to commercial banks.…

A: Answer: Discount rate: It refers to the rate of interest that the central bank charges on loans that…

Q: Examine the principal-agent problem in credit markets. What impact can policies that limit how much…

A: The principal-agent problem in the credit market refers to when the interests of the principal…

Q: Can a debtor be put in delay and consequently, incur liability even without demand from creditor?…

A: Debtor:- A debtor can be explained as a legal person that promises to repay any amount to another.…

Q: The charging of interest rates is often viewed with contempt. Do interest rates serve any useful…

A: The interest rate is the sum of the principal that a loan owes for the utilization of money. The…

Q: Talk about the following BRIEFLY   Mortgage back securities prime rate libor rate

A: What Is Mortgage-Backed Security (MBS)?  A mortgage-backed security (MBS) is a speculation like a…

Q: Need answer ASAP... Abdul borrowed money from a company that keeps money for people. This source of…

A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…

Q: Buying a cup of coffee with a dollar bill represents the use of money as a

A: (Q) Buying a cup of coffee with a dollar bill represents the use of money as a (Q) Buying a cup of…

Q: Define the term the Truth in Lending Act?

A: In 1968, the federal enhanced a law known as Truth in Lending Act (TILA) to protect the consumers…

Q: What are the applications of partial derivatives in economics?

A: The derivative of a function of a single variable that depicts quickness of change in function value…

Q: Discuss how the national credit act deals with information held by the credit bureaux

A: The National Credit Act, 2005 is aimed to provide betterment of credit market in terms of fairness,…

Q: How do you think Greenwood bank can help black and brown communities financially ?

A: Banks: A bank is a monetary foundation that acknowledges stores from people in general and…

Q: Distinguish between Market and Inflation-Free Interest Rates?

A: The Market interest Rate, also called the nominal interest rate (i) is the rate which is not…

Q: It regulates the operations of all banks and business import and export activities.       a.…

A: In an economy, different authorities are made to deal with different types of economic activities…

Q: Why is there a need to regulate Investment banks?

A: Investment banks are companies or corporate divisions that functions as an advisory in the financial…

Q: When mortgages originators sell mortgages to Fannie Mae, Freddie Mac, and investment bankers the…

A: When the mortgage originators sell these securities into investment banks, company Fannie Mae,…

Q: Illustrate the Sharia Rulings of Mudarba and explain how the profit is distributed in Islamic Banks…

A: Under Islamic finance, a Mudarba contract is between the investor offering the investment…

Q: 24. When was the Internal Revenue Service (IRS) organized into its current form? 1950s the Civil War…

A: Internal Revenue Service (IRS) is an agency of US federal which is formulated for collecting taxes…

Q: What is the difference between commercial bank and universal bank? (Give atleast 5)

A: A commercial bank is a financial institution that accepts public deposits and provides loans for…

Q: Which factor would credit card companies most likely use to determine an applicant's…

A: Credit card companies offer credit to their customers in exchange of a interest rate.

Q: What is the difference between book value accounting and market value accounting? How do interest…

A: While estimating a company's book value is more complex, the payoff could be substantially higher.…

Q: nt

A: Islamic law views lending with payments of interest as a relationship which in turn favors the…

Q: What is LIBOR? Why is it used as the lowest compute rate?

A: What is LIBOR? Answer: LIBOR stands for London interbank offer rate, It is the rate of interest…

Q: Do the financial institutions usually quote the interest rate on an annual basis?

A: The interest rate is a specific percentage of principal that must be paid by a borrower of money to…

Q: Explain the usage of the term usury in current business law.

A: The concept of money lending at a higher interest rate is known as usury. This rate of interest is…

Q: Compare and contrast expert lending systems with statistical credit scoring models

A: Lending money by the banking sector is the core activity of Banking Financial Corporations. Most of…

Q: Identify if claim of policy, claim of value, or claim of fact. Explain a little bit.

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What is real property and personal property? Explain the types of tenure and distinguish between…

A: Property is a term that refers to anything that a person or a company has legal title to and that…

Q: Unlike commercial banks, savings and loans, andmutual savings banks, credit unions did not have…

A: Despite serving the same purpose of lending and borrowing money for savings and deposit purposes,…

Q: Name any two quantitative tool to control credit creation in an economy

A: The measures which manipulates the overall volume of the credit flow in an economy are term to be as…

Q: How can financial institutions overcome the inevitable mobility of students after graduation?

A: A financial institution is an organization that deals in several forms of monetary transactions,…

Q: how can a government exploit its monopoly power over money creation and why might this be…

A: There is not just a single market structure but there are various market structures such as…

Q: If a government gains from unexpected inflation when it borrows, why would it choose to offer…

A: Government of a country generally chooses to offer indexed bonds when there are unexpected gains…

Q: What are the examples of uses of derivatives in economics?

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: a. Does the Banking Union need the Capital Market Union to be successful?

A: Trade off : Where is the tradeoff in creating a banking/capital market union? Is it so surprising…

Q: Comparing how many dollars it takes to attendcollege each year to annual earnings on a jobrepresents…

A: Money is the most liquid asset which plays a major role in life of an individual. It plays various…

Q: what are the economic goals of high-interest rate?

A: The interest rate is a proportion of the principal, which is the amount borrowed, that a lender…

Q: What is the relationship between nominal and effective interest rates?

A: The interest rates refer to the rate at which the loans are given by the banks, or other lending…