the reason why antonio need a loan from shylock was that he wanted to help his friend bassanio geting this girl name porsita
Shylock's loan to Antonio in Shakespeare's "The Merchant of Venice" is for 3,000 ducats, which Antonio agrees to repay within three months. In lieu of interest, Shylock demands a pound of Antonio's flesh as collateral, which serves as a harsh and significant condition of the loan. This arrangement reflects the animosity between the two characters and sets the stage for the play's dramatic conflict.
Bassanio is nervous about Antonio signing the loan agreement because he knows that Antonio's financial situation is precarious; he has his wealth tied up in ships that are currently at sea. Additionally, Bassanio feels the weight of responsibility, as he is seeking the loan to court Portia, and he fears that if anything goes wrong with the loan, it could jeopardize both Antonio's safety and their friendship. The potential consequences of defaulting on the loan add to his anxiety, given the harsh terms of Shylock's agreement.
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
No a child cannot get a loan. You need to be 18 years old to legally get a loan.
a loan renewal is a loan you already have and you need more money so you renew the that loan for more money
Shylock's loan to Antonio in Shakespeare's "The Merchant of Venice" is for 3,000 ducats, which Antonio agrees to repay within three months. In lieu of interest, Shylock demands a pound of Antonio's flesh as collateral, which serves as a harsh and significant condition of the loan. This arrangement reflects the animosity between the two characters and sets the stage for the play's dramatic conflict.
Antonio had not paid back the loan to Shylock on time, so Shylock was applying to the court for an order saying that Shylock was legally entitled to take a pound of Antonio's flesh as their agreement stated.
Antonio must sign a bond agreeing to Shylock's terms, which stipulate that if he fails to repay the loan by the due date, he will forfeit a pound of his own flesh as collateral. This agreement highlights the risk and severity of the loan, reflecting Shylock's harsh and vengeful nature. The bond serves as a legal document binding Antonio to these conditions.
Bassanio initially approaches Shylock requesting the loan. And the money is for Bassanio's use, to be sure. However, in agreeing to the loan, Shylock says,Go with me to a notary. Seal me thereYour single bond; and, in a merry sport,If you repay me not on such a day,In such a place, such sum or sums as areExpressed in the condition, let the forfeitBe nominated for an equal poundOf your fair flash, to be cut off and takenIn what part of your body pleaseth me.Who is he talking to? It is Antonio who answers "Content, in faith." It is not necessary that Bassanio should do so. Shylock says "if you repay me not" to Antonio, so clearly it is Antonio that is bound to repay the loan. And in fact, Shylock demands repayment, not from Bassanio, but from Antonio. Bassanio only hears about it after Antonio has defaulted.Clearly, then, Antonio is the real borrower.
A pound of his rival Antonio's own flesh, due to the fact that Antonio is unable to repay Shylock a loan of three thousand ducats because of the loss of his merchant ships, and also inflamed by the fact that Shylock's daughter Jessica has run away with Antonio's friend Lorenzo.
Shylock did not charge interest on the loan. This was contrary to his usual practice, but he had an ulterior motive. Instead of an interest clause, he inserted a penalty clause which said that if Antonio defaulted on the loan, Shylock could take a pound of flesh from any part of his body he chose. Since default seemed unlikely, Antonio went along with this. (Shylock was up front about it; he didn't hide it in the small print) Shylock's hope was that Antonio would default and then Shylock would have a legal right to kill him. Interest is payable in any event--when you repay, you repay the principal plus more. A penalty clause only comes into effect if you default.
Antonio asked Shylock to lend him three thousand ducats. This amount was needed to help his friend Bassanio court Portia, as he had his own finances tied up in shipping ventures at the time. Shylock agreed to the loan under the condition of a pound of Antonio's flesh as collateral.
Antonio never had anything but contempt and hatred for Shylock. This did not change much when Antonio was thrown in jail at Shylock's behest.
Shylock and Antonio are both businessmen, but Shylock is a moneylender (banker) and Antonio is a merchant (trader).
Antonio signed and sealed a legal document saying that if he did not repay his loan from Shylock, Shylock could as a penalty take a pound of flesh from any part of Antonio's body. This legal document was called a "bond", a term still used for certain commercial documents (think "stocks and bonds").
Antonio (:
The title character is usually understood to be the Loan-Shark Shylock, who is obviously a Jewish businessman. However, it actually refers to Antonio who borrows money from him. The "Merchant of Venice" is a play written by William Shakespeare in sometime in the 1590s. The story involves a merchant in Venice named Antonio, who borrows money from a Jewish money-lender named Shylock. Shylock wants revenge against Antonio because Antonio had insulted Shylock and spat on him for being Jewish, so he gets Antonio to agree that if the money was not repaid in time, Shylock would be allowed to take a pound of Antonio's flesh. Antonio needed the money badly enough that he agreed to the condition, which he did not believe would be a problem. When Antonio could not repay the money as agreed, Shylock insisted on taking his pound of flesh. A woman lawyer, Portia, defended Antonio before the ruler of Venice, who after hearing both sides ruled that.......(If you want to know the outcome, you'll have to read the play. Believe me, it is worth it.)