Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Week 6 Discussion 2_...
After reading several educational reform articles, my “aha” thought was that the OECD is truly in the center of international educational reforms. There articles highlight the pros and cons to working...

Week 6 Discussion 2
Week 6 Discussion 2

After reading several educational reform articles,

Bi-Weekly Reading Pa...
Successful and constructive intercultural communication depends on our capability to respect and understand each other’s culture. People from different nationalities and different regions have their o...

Bi-Weekly Reading Paper 2
Bi-Weekly Reading Paper 2

Successful and constructive intercultural communic

Topic 1 dq 2_1637223...
It is the responsibility of every school to provide various opportunities for professional development. Yes, again just giving the opportunities is not enough, the school also has to create channels a...

Topic 1 Discussion 2
Topic 1 Discussion 2

It is the responsibility of every school to provid

Unit 2 Challenges 3

Unit 2 Challenges 3

Q 1. Which of the following is true of a traveler's check? 2. Stacy needs to buy an airline ticket right now, but she doesn't have enough money in her account to cover the cost. She asks her friend Sam, who lives in another city, for the money. Which of the following is the quickest way for Sam to send Stacy the money? 3. Sophia takes a $130,000 loan from a bank to pay for her condo, which she pledges as collateral. Sophia's bank has a lien on the condo. What does this mean? 4. Which of the following information will remain in an individual's credit report throughout their life? 5. Which of the following is most likely to decrease a person's credit score?

View Related Questions

Solution Preview

View Complete Solution
1. A traveler's check is a prepaid check purchased from a credit card company, bank, or credit union that must be signed before it can be cashed. 2. Sam should use a peer-to-peer payment (P2P) app. P2P apps allow you to transfer money from your bank to someone else in your personal network. A P2P transfer is instantaneous. 3. A lien gives the lender the legal right to sell the collateral if the borrower does not repay the loan. Here, the bank can recover the loan by selling her apartment.