You are a loan officer at a bank. Two years ago your bank loaned Westwood Solar $100,000 to start a company selling solar panels to commercial and residential customers. The loan has an acceleration clause that permits the bank to immediately demand all payments plus the interest owed to date if Westwood Solar fails to pay an installment in any given month. Westwood Solar has made its loan payments for the past two years. However, you know that the company has slipped into financial distress as sales of solar panels have proved more difficult than expected. The CEO of Westwood Solar, anticipating your concern, has informed you that a new state bill proceeding through the legislature proposes to give residents substantial tax breaks for buying solar panels. The CEO has also asked for a two month extension for the next payment in order to prepare for the new tax law. Evaluate whether you should exercise the acceleration clause against Westwood Solar.

As a person I will give some time to that organization for pay the instalment, on the grounds that such huge numbers of individuals legitimately or by implication associated with that organization.

According to financial perspective additionally I should give some an opportunity to re pay the instalment. Turned out to be presently a days joblessness is one significant issue. Also this kind of organizations will help to nation to improve economy by spreading business in different nations. What's more, this organization additionally help to diminish the portion of outside organizations in own nation.

We realize that step by step the interest of non-traditional energies is expanding. Among all the non-customary energies sun based vitality assumes a significant job. Presently a days government additionally begins to offer dies down to this sorts of organizations to stop the cheapening of natural conditions by the utilization of ordinary vitality sources.