Corporate sponsorship is a promotional tool in marketing.
The correct answer is option C.
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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The option (c) is correct.
Mortgage loan offers the lowest interest rate.
Further explanation:
Mortgage loan:
Mortgage loan is a type of loan where the asset is used as a collateraland then the loan is disbursed. Mortgage payment remains constant. The issuer of the loan specifies the amount of the mortgage payment and the time interval of the payment. So the amount of mortgage payment remains same for all the installments. The loan is secured by the asset therefore, there is very low risk as the asset can be used in case of default. The low risk nature of the mortgage loan results in the low-interest rate.
Therefore, mortgage loans have a low rate of interest.
Justification for the correct and incorrect options:
a.
Payday loan: This is an incorrect option.
Payday loan has the highest rate of interest.
b.
Car loan: This is an incorrect option.
Car loan has the higher interest rate than mortgage loan,
c.
Mortgage loan: This is the correct option.
Mortgage loans are guaranteed by assets therefore, has the lowest rate of interest.
d.
Credit card: This is an incorrect option.
Credit card charges a high rate of interest on the amount borrowed.
Learn more:
1. Learn more about the collateral loans
2. Learn more about loaning the money
3. Learn more about the mortgage payment
Answer details
Grade: Senior School
Subject: Business Studies
Chapter: Bonds & Debentures
Keywords: loans, typically, offer, lowest, interest rate, payday loan, car, loan, mortgage, credit card.
b. royalties.
c. commission.
d. profit.
When a business earns more money than it spends, the entrepreneur is paid from the profit. Hence option D is correct.
Profit is the positive difference between a business's total revenue and its total expenses, including the cost of goods sold, operating expenses, and taxes. It represents the financial reward for the entrepreneur's efforts in successfully managing and running the business.
This surplus amount can be used to compensate the entrepreneur for their investment of time, expertise, and capital, as well as reinvest in the business's growth and expansion.
It is a key indicator of a business's financial health and sustainability, allowing the entrepreneur to reap the rewards of their hard work and strategic decisions.
Therefore option D is correct.
Learn more about profit here
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Answer:
a hazard risk management plan
Answer:
gross income:$55000
adjusted gross income: $51000
taxable income: $40180
Explanation:
Given:
As we know that,
= $52800 + $2200
= $55000
= $55000 - $4000
= $51000
= $51000 - ($3800 + $7020)
= $40180
Hope it will find you well