Question and answer
what is acceleration clause?
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]
s
Get an answer
Original conversation
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]
New answers
Rating
3
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]
Comments
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
Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what is a sudsidized loan?
Question
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]
31,902,848
questions answered
Popular Conversations
What is 1+2=
Weegy: 2+2=4
7/2/2020 3:57:40 PM| 5 Answers
Before the slave trade what was African culture like
Weegy: Before the slave trade, African culture was agricultural and advanced. User: What happened to the settlement ...
7/7/2020 2:40:15 PM| 4 Answers
was is 1 1/3 ×3=
7/2/2020 3:54:11 PM| 3 Answers
Which of the following statements is true about plants? A. Plant ...
Weegy: cells use up oxygen for photosynthesis.
7/2/2020 6:17:46 AM| 2 Answers
What is the definition for the "Protection" mission area?
Weegy: A mission statement is a statement of the purpose of a company, organization or person, its reason for ...
7/3/2020 5:28:16 PM| 2 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
S
L
R
R
R
Points 1415 [Total 4752] Ratings 2 Comments 1135 Invitations 26 Online
S
L
Points 1016 [Total 2256] Ratings 1 Comments 1006 Invitations 0 Offline
S
L
Points 904 [Total 1653] Ratings 7 Comments 834 Invitations 0 Offline
S
L
Points 766 [Total 1322] Ratings 1 Comments 756 Invitations 0 Offline
S
L
P
Points 653 [Total 4811] Ratings 0 Comments 653 Invitations 0 Offline
S
L
P
R
P
R
L
P
P
C
R
P
R
L
P
R
Points 385 [Total 11452] Ratings 3 Comments 345 Invitations 1 Offline
S
L
Points 324 [Total 813] Ratings 0 Comments 324 Invitations 0 Offline
S
L
Points 309 [Total 2280] Ratings 0 Comments 309 Invitations 0 Offline
S
L
1
Points 301 [Total 2949] Ratings 0 Comments 301 Invitations 0 Offline
S
L
R
Points 248 [Total 2380] Ratings 2 Comments 228 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.