Countryside Bank provides Dhani with a standard mortgage with an unchanging rate of interest to buy a home. Payments on the loan remain the same for the duration of the mortgage. This is
A) a fixed-rate mortgage
B) an adjustable-rate mortgage.
C) a workout agreement.
D) a violation of the law.
A
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An automatic car wash with a single bay takes a constant 3 minutes to wash. The arrival rate is 10 cars per hour. Determine the average number of cars waiting in line for the car wash. The arrival rate of cars tends to follow a Poisson distribution.
a. 0.25 cars b. 0.5 cars c. 1 car d. 1.5 cars
A resource loading form is also known as a(n):
A) Load schedule. B) Resource usage calendar. C) Activity resource schedule. D) Network resource profile.
An advantage of buying a franchise is that it already has many of the requirements for success.
Answer the following statement true (T) or false (F)
Kay and Lee performed an audit required for Holligan Industries to extend a loan with Second National Bank & Trust. Kay and Lee may be liable for:
A. Second National Bank & Trust declining to extend the loan B. Ordinary negligence to the bank that loaned money to Holligan because the firm did not discover improper accounting for revenue and assets C. Gross negligence to the bank that loaned money to Holligan because the firm did not discover improper accounting for receivables and inventory D. Holligan declaring bankruptcy without a going-concern emphasis of matter