What is the difference between a prime loan and a subprime loan?

What will be an ideal response?


A loan that is originated where the borrower is viewed to have a high credit quality (i.e., where the borrower has strong employment and credit histories, income sufficient to pay the loan obligation without compromising the borrower's creditworthiness, and substantial equity in the underlying property) is classified as a prime loan. A loan that is originated where the borrower is of lower credit quality or where the loan is not a first lien on the property is classified as
a subprime loan.

Business

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In a logical DFD for the OE/S process, which of the following data stores is least likely to interact with the process validate sales order?

a. general ledger master data b. accounts receivable master data c. marketing data d. inventory master data

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An evoked set does not contain:

A) brands a person considers B) brands linked to a positive experience C) brands which have been previously purchased D) brands the consumer knows little about

Business

RSS software called an aggregator or feed reader automatically checks for new content and downloads files from a designated site in the same way as is done for text files from online newspapers.

Answer the following statement true (T) or false (F)

Business

Define the four types of innovation. Give an example of each.

What will be an ideal response?

Business