Escrow accounts
A)
are required on all conventional financing.
B)
held by banks must earn interest.
C)
ensure that borrowers will make payments on housing-related expenses such as insurance and taxes.
D)
cannot be forced upon a borrower by a lender.
C
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Use an if the word following an indefinite article begins with a vowel sound
A) True B) False
In surveys of practitioners, those who score high on one role stand alone, while others tend to score high on all three of the other roles. Which role stands alone?
A. Expert prescriber C. Communication facilitator
Poole Products Inc has the following product information available: Sales price $25 per unit Variable costs $10 per unit Fixed costs $36,000 If Poole is in the 40% tax bracket, how many units need to be sold in order to earn an after-tax target profit of $249,000?
A) 30,067 units B) 12,360 units C) 27,667 units D) 31,667 units
Which of the following is a speculative risk?
a. playing the lottery b. driving a car c. the possibility of dying d. the possibility of a neighbor falling and breaking an ankle e. the possibility of fire from 4th of July fireworks