Problemmolly has just graduated from college when her car, Ask an Expert

Management Studies

Problem:

Molly has just graduated from college when her car breaks down. She needs to buy a new car quickly so she can get to and from her new job. However, her credit history is not very long and she needs someone else to sign her car loan. You promise lender in writing that you will make Molly's car payments and be liable for them only if she first defaults on her loan.

Required:

Is this a suretyship or a guarantee? Explain.

Provide detailed explanation of the given problem.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91148288

Have any Question?Write your Review or question?

Related Questions in Operation Management

In your post consider how globalization has linked the

In your post, consider how globalization has linked the people, policies, and livelihoods of nations throughout the world. This linkage can be severely affected by several factors which include political turmoil, natural ...

What are the general principles involved in setting

What are the general principles involved in setting royalties? What are the specific goals of the sellers? The buyers? What are the three market structures we see in oil, and what are the potential benefits and problems ...

Dubai government has signed an agreement for construction

Dubai government has signed an agreement for construction of a 228,000 sq. ft. electronics and specialised waste recycling plant at Dubai Industrial Park by December 2018. The construction will cost 3m AED and ongoing op ...

1 analyze your business and process as per below points

1. Analyze your business and process as per below points: Usability Modeling of ICT and other resources (UM) a. Finding the optimal solution b. Cost and Schedule Analysis c. Recommending and Implementing the resources 2. ...

1 some barriers to international trade are or taxes on

1. Some barriers to international trade are; ( ) or taxes on imported goods which increase the price and thereby decrease demand for the product. ( ) are limits a government might put on the number of products that are a ...

1 answer the following question in 250 words make a list of

1. Answer the following question in 250 words: Make a list of all the countries where the Nissan Leaf is available. How have marketers adapted the product to suit these markets? 2. What is 'vampire effect' in marketing? ...

Required 1000 wordsyou and your family have moved from

Required 1000 words You and your family have moved from Abu-Dhabi to Dubai, you are living now in a month-to-month rental and have finally found the perfect house to buy, where it is near from the school and the market, ...

1 as a supervisor is it important to build relationships

1. As a supervisor is it important to build relationships with your workers? What are the appropriate boundaries? Is it hard to determine these boundaries? 2. What are Costco social responsibility and ethics from a exter ...

1 choose any 3 ebusiness tools used by amazon for

1. Choose any 3 Ebusiness tools used by AMAZON for connecting and communicating and discuss how it is being used and how it adds value to the Company? communicating internally 2. What are the key tenets of teamwork and c ...

Imagine that you are the chief hr officer for a company

Imagine that you are the Chief HR Officer for a company considering doing business in China. You have been informed that many of your competitors hae implemented programs to hire the sones and daughters of influential Ch ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert