User Account

All Pages

What is the proper way to handle the loan signing

Assignment Help Accounting Basics
Reference no: EM132873735

Question 1: You are completing a signing for a borrower, Carrie Erikson, who has informed you that she has just recently gotten married and she is now Carrie Harmon. The loan documents were drawn up in her maiden name and her driver's license still reflects her maiden name as well. What is the proper way to handle the loan signing?

A. Use two credible witnesses
B. Have her husband act as a credible witness
C. Cross out Erikson where it appears throughout the document set and write in Harmon having her initial the change and sign using her new married name
D. Complete the "Signature Affidavit" by having her sign as Carrie Erikson and have her sign again on this document as Carrie Harmon

Reference no: EM132873735

Questions Cloud

Large mass merchandiser global supply chains : Describe logistics steps that large mass merchandiser global supply chains use to ensure timely availability of inventory for routine and sales merchandise need
Allocate the joint processing costs : The joint costs of points processing the raw ore, including the cost of mining, are $195,000 per batch. Allocate the joint processing costs
How wolf inc should account for its investment : Which section of the FASB Accounting Standards Codification best defines how Wolf Inc. should account for its investment in Pack Co. in year two?
Develop a system to maintain financial records : Why is it important that you develop a system to maintain and keep your personal and financial records up to date? Describe briefly
What is the proper way to handle the loan signing : What is the proper way to handle the loan signing? The loan documents were drawn up in her maiden name and her driver's license still reflects
Determine the price in that market : Equity market and the forex market, identify from a theory perspective, the main factors that determine the price in that market. Quote references.
Discuss and assess four control risk factors : Question - Discuss and assess four control risk factors on the Heartlake engagement. What is your conclusion in regards to the control risk
Demonstrate independent research and enquiry skills : Demonstrate independent research and enquiry skills at an appropriately advanced level in the construction of a computing project proposal
Different kinds of logistic systems : In preparation for your overall logistics White Paper Recommendation to CEO, she has asked you to give her a "taste" of different kinds of logistic systems

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute income taxes payable

Bradley Corporation began 2017 with 92,000 in deferred tax liability account. Compute income taxes payable for 2017

  At what amount should the company value the lease

The annual interest rate is 4%. There is a residual guarantee after 30 years of $100,000. At what amount should the company value the lease

  What kinds of irregularities is theater trying to prevent

This ticket is handed to another person at the entrance to the movie. What kinds of irregularities is the theater trying to prevent

  How is the addictions and mental health crisis portrayed

How is the addictions and mental health crisis portrayed in Sault Ste. Marie? Is the solution a legal solution or something else

  Lewis industries adopted a defined benefit pension plan on

lewis industries adopted a defined benefit pension plan on january 1 2013. by making the provisions of the plan

  Decide which option is the best using probability analysis

A General Manger of Harley-Davidson must decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility.

  Prepare the statement of revenues and expenditures

Using the following information, prepare the statement of revenues, expenditures, and changes infund balance for the General Fund of the City of Savannah for the fiscal year

  Scx is a 2 billion chemical company with a plastics plant

durango plasticsscx is a 2 billion chemical company with a plastics plant located in durango colorado. the durango

  Jim taylor wants taylor company to use cvp analysis to

jim taylor wants taylor company to use cvp analysis to study the effects of changes in costs and volume on the company.

  Prepare a monthly cash budget

Instructions - Prepare a monthly cash budget and supporting schedules for August, September, and October

  Bond discount amortization schedule

Prepare a bond discount amortization schedule which shows the amortization of discount for the first two interest payment dates. (Round to the nearest dollar.)

  Describe some sensitivities you might run on npv analysis

The Mayo Corporation estimates that it can save $30,000 a year in cash-operating costs. Briefly describe some sensitivities you might run on NPV analysis above.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd