A "periodic rate cap"
A)
reflects current credit conditions in the home loan market and is set by the Home Loan Board.
B)
reflects current credit conditions in the home loan market and is set according to the National Contract Rate.
C)
limits interest rate changes on a home mortgage during any one adjustment period.
D)
is set by the lender on all fixed-rate mortgages.
C
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The consumer demand for convenience and time-saving devices is the result of which consumer buyer behavior trend?
A) age complexity B) cocooning C) active, busy lifestyles D) pleasure pursuits
Which of the following statements is true concerning the matching principle?
a. All costs can be directly matched with revenue. b. All costs can be indirectly matched with periods in which they provide a benefit. c. The association of assets for a period with the liabilities necessary to generate the assets is known as the matching principle. d. Cost of goods sold matched with sales revenue is a classic example of direct matching under the matching principle.
Hilton uses focused recruitment in “Operation Opportunity” which hires ______.
a. Retirees and students b. Veterans and military spouses c. working moms d. the unemployed
Along with the creation of an international presence, ____ major function(s) of HRM must become more complex.
A. two B. some C. every D. no E. one