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what is acceleration clause?
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Asked 9/11/2010 5:50:00 PM
Updated 12/26/2014 3:11:38 AM
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Flagged by alfred123 [12/26/2014 3:11:30 AM]
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User: what is acceleration clause?

Weegy: If you become subject to the acceleration clause and are unable to pay the entire amount [ ]
Expert answered|cdfan76|Points 450|

Question
Asked 9/11/2010 5:50:00 PM
Updated 12/26/2014 3:11:38 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
Flagged by alfred123 [12/26/2014 3:11:30 AM]
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Acceleration clauses are terms in loan agreements that require the borrower to pay off the loan immediately if certain conditions are met.
Added 12/26/2014 3:11:38 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/26/2014 3:34:51 AM]
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An acceleration clause, in the law of contracts, is a term that fully matures the performance due from a party upon a breach of the contract. Such clauses are most prevalent in mortgages and similar contracts to purchase real estate in installments.
Added 9/12/2010 2:17:00 AM
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What would sentences be like if they did not include adjectives?
Weegy: In this sentence, "cousins" is being modified by the adjective clause "whom I have not seen for several years." Do you have any more questions? I'm here to help! User: if a sentence did not have an adjective, what would happen? Weegy: nothing (More)
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Updated 364 days ago|3/5/2023 12:54:13 AM
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if a sentence did not have an adjective, it would be an incomplete sentence.
Added 364 days ago|3/5/2023 12:54:13 AM
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what is a sudsidized loan?
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Not Answered
Updated 12/26/2014 4:33:28 AM
2 Answers/Comments
Subsidized loan: A type of loan does not require the borrower to pay interest but rather has the interest paid by a third party.
Added 12/26/2014 3:10:48 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/26/2014 4:33:29 AM], Deleted by jeifunk [12/26/2014 4:33:31 AM], Undeleted by jeifunk [12/26/2014 4:33:35 AM], Confirmed by jeifunk [12/26/2014 4:33:49 AM]
One of the strategies for getting out of debt is using a zero-based budget. What exactly is a zero based budget and do you think it makes sense to use? Explain your answer.
Weegy: Zero-based budgeting is a technique of planning and decision-making which reverses the working process of traditional budgeting. [ In traditional incremental budgeting, departmental managers justify only increases over the previous year budget and what has been already spent is automatically sanctioned. No reference is made to the previous level of expenditure. By contrast, in zero-based budgeting, every department function is reviewed comprehensively and all expenditures must be approved, rather than only increases.[1] Zero-based budgeting requires the budget request be justified in complete detail by each division manager starting from the zero-base. The zero-base is indifferent to whether the total budget is increasing or decreasing. The term "zero-based budgeting" is sometimes used in personal finance to describe "zero-sum budgeting", the practice of budgeting every dollar of income received, and then adjusting some part of the budget downward for every other part that needs to be adjusted upward. Zero based budgeting also refers to the identification of a task or tasks and then funding resources to complete the task independent of current resourcing.-wikipedia I think it makes sense to use, here are its avdvantages Advantages of zero-based budgeting 1. Efficient allocation of resources, as it is based on needs and benefits. 2. Drives managers to find cost effective ways to improve operations. 3. Detects inflated budgets. 4. Useful for service departments where the output is difficult to identify. 5. Increases staff motivation by providing greater initiative and responsibility in decision-making. 6. Increases communication and coordination within the organization. 7. Identifies and eliminates wasteful and obsolete operations. 8. Identifies opportunities for outsourcing. 9. Forces cost centers to identify their mission and their relationship to overall goals. ] (More)
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Expert Answered
Updated 203 days ago|8/13/2023 12:43:58 AM
1 Answer/Comment
One of the strategies for getting out of debt is using a zero-based budget. Offers a number of advantages including focused operations, lower costs, budget flexibility, and strategic execution.
Added 203 days ago|8/13/2023 12:43:53 AM
This answer has been confirmed as correct and helpful.
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