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What is the diffrece between the primary borrower and the co signer?
The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.
What is the difference between a bondholder and a shareholder?
A bondholder is a creditor to a company whereas a shareholder is a owner of a company.
How do primary and secondary financial markets differ?
In the primary financial market money goes directly to the person or company who will be spending it, for example, if a person/company takes a loan out of the bank they will spend it on certain products in the market. In the secondary financial market, already existing financial assets are transferred from one saver to another. For example, if you don't want to be a part owner in a company anymore, you can sell your share as a secondary financial asset on the stock market. A transfer in the secondary market does not represent any new saving.
Can a cosigner register a car?
Yes, a cosigner can register a car, but they are not the primary owner of the vehicle. The cosigner is responsible for the loan if the primary owner fails to make payments.
What is the difference between a life insurance owner and insured?
The life insurance owner is the person who buys the policy and has control over it, while the insured is the person whose life is covered by the policy.
What is the difference between a primary owner and a secondary owner of real estate property?
Just as with any assest, primary usually has to do with the persons amount of stake in it. Lets say two people buy a property, one gives 75 % of the money the other 25%, the one with more vested would be the primary.
what are examples of primary and secondary workers?
business owner, walmart employee
What is the difference between a primary owner and a co-owner of a business?
Often a question of control. Primary owner may retain majority interest and let one or more co-owners have limited vote in proportion to percentage ownership.
Can the primary owner take the secondary owner off?
One owner of property cannot "take the other owner off". The second owner of the property must transfer their interest voluntarily.
Who pays when driver is not the car owner but has car insurance?
Usually the insurance policy of the owner of the car is primary and then if the driver of the car has a policy of their own then it is secondary.
What is the difference between entrepreneur and an employer?
The difference between the two is a entrepreneur is the owner of a company, and a employer is working for someone. Entrepreneur is the launcher, organisor and owner of a company.
What is the diffrece between the primary borrower and the co signer?
The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.
What is the difference between graffiti and urban art?
The difference between urban art and graffiti is that urban artists have permission from the owner of the object they are painting on this is legal. Graffiti is illegal because the person doing it does not have permission from the owner.
Who is the primary onwer of a vehicle if there are two names on the title?
Both co-owners share ownership. Neither is the "primary" owner. The primary owner is determined by the name(s) listed on the certificate of title.Both co-owners share ownership. Neither is the "primary" owner. The primary owner is determined by the name(s) listed on the certificate of title.Both co-owners share ownership. Neither is the "primary" owner. The primary owner is determined by the name(s) listed on the certificate of title.Both co-owners share ownership. Neither is the "primary" owner. The primary owner is determined by the name(s) listed on the certificate of title.
What do you think is the difference between an owner and an office worker?
An owner has the control on all its office workers but the office workers has the control only on is staffs and not the owner.
Difference between share holder and stake owner?
stake owner is a person who have any stake in a company .he may be a supplier ,distributer
What is a journal entry that moves the difference between revenue and expenses from the income statement to the owner's equity?
expenses decrease owner's equity where as revenue increases owner's equity
