bradey0000 bradey0000

24-05-2024
Business

Answered

What is co-signing? (Select the best answer.) (PF4)
Allowing someone else to be completely responsible for your debt
Requesting multiple credit histories
Opening two lines of credit at the same time
Sharing responsibility for a debt with another person

Answer :

GinnyAnswer GinnyAnswer

24-05-2024

Final answer:

Cosigning involves another person or firm pledging to repay a loan if the original borrower does not, providing additional security to the lender.

Explanation:

In the financial capital market, cosigning on a loan involves another person or firm legally pledging to repay some or all of the money if the original borrower fails to do so. This provides additional security to the lender in case the borrower defaults on the loan. Collateral, which can be property or equipment, may also be required to secure the loan.

Learn more about Cosigning on loans here:

https://brainly.com/question/30307921

Answer Link

Other Questions

Which river shares its name with a type of beer commonly associated with Amsterdam?

3. Luisa trabaja en una pastelería. Tiene un sueldo de [tex]Q 50.00[/tex] al día y una comisión de [tex]Q 2.00[/tex] por cada pastel que vende. Esto se represen

Two large numbers of the Fibonacci sequence are [tex]$F(51)=20,365,011,074$[/tex] and [tex]$F(52)=32,951,280,099$[/tex]. If these two numbers are added together

What factors determine the cost of installing a Generac whole house generator?

Say each sentence. Use the past tense of the verb in parentheses.1. The family _______ in the basement. (wait)2. The mother _______ to a radio. (listen)3. Repor

And developing a strategy regarding competition andcooperation it'll be useefultoo understand the rules of the game governing competition around the worldA. Tru

3.7.3 Quiz: Circumference of a CircleQuestion 1 of 10A CD is shaped like a circle with a diameter of 12 cm. To the nearest centimeter, what is the circumference

Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budg

a group arrives and all of the members are obviously intoxicated with the exception one who identifies himself as the driver. What should you do?

The data on the CCR5 - 32 allele show that human populations harbor heritable variation for resistance to HIV, but this variation will influence who lives and w

16d - (4 - 5d) = -67 Please help me find d

The price of a tent was decreased by 15% and sold for $76.49. What was the original price of the tent in dollars?

An ice cube melts when its mechanical energy increases.

Mrs. Daniel pays $324 for a handbag and 3 pairs of shoes. The handbag costs half as much as the 3 pairs of shoes combined. Find the cost of the handbag.

If Jo is supposed to read one-half of a 100-page book for an English assignment and she has finished 38 pages, what percent of the assignment does she have left

which expression can be used to change 75 kilometers per hour to meters per minute?

Mrs. Daniel pays $324 for a handbag and 3 pairs of shoes. The handbag costs half as much as the 3 pairs of shoes combined. Find the cost of the handbag.

A small grill can hold two hamburgers at a time. If it takes 5 minutes to cook one side of a hamburger, what is the shortest time needed to cook both sides of f

draw and name all the isomers of the alkene C4H8

I have some white and black marbles in a box. There are 30 white marbles. There are 14 more white marbles than black marbles. How many black marbles do I have?