Which of the following protects the mortgage lender's right to sell property if the underlying loan defaults?
A) A lien
B) A down payment
C) Private mortgage insurance
D) Borrower qualification
E) Amortization
A
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___________is when the messages that move from subordinate to superior are altered.
a. Misunderstanding b. Downward privilege c. Upward distortion d. none of the above
Gunther Inc purchased $400,000 of Malone Corp ten-year bonds with a stated interest rate of 8 percent payable quarterly. At the time the bonds were purchased, the market interest rate was 1 . percent. Determine the amount of premium or discount on the purchase of the bonds
a. $92,442 premium b. $92,442 discount c. $81,143 premium d. $81,143 discount
An instrument that is refused payment when presented for payment is called a ________
A) blank instrument B) restrictive instrument C) demand instrument D) dishonored instrument
Punctuate the sentence correctly. Now lets go over the terms is that your cell phone ringing