The credit crisis is mostly attributed to the use of:
a. strict criteria applied by mortgage originators
b. liberal criteria applied by mortgage originators.
c. very tough credit ratings applied to mortgages.
d. fixed-rate mortgages with long terms to maturity.
b
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An annual analysis called "Industry Norms and Key Business Ratios" is compiled and reported by
a. Forbes magazine. b. Moody's Investor Services. c. Dun & Bradstreet. d. Mergent, Inc.
Fanatics are citizen marketers who are typically
A) paid endorsers of brand products. B) devoutly religious consumers. C) brand-loyal sports enthusiasts. D) true believers and love to analyze brands. E) television viewers that do not use the Internet.
In considering whether a company should invest in debt or equity securities of another company, which of the following statements is incorrect?
A) The company wants to make the best use of its excess cash to generate investment income. B) Investment income consists of interest earned from equity securities and dividends earned from debt investments. C) Investment income includes increases in the market value of debit or equity securities. D) The excess cash that can be invested could be the result of temporary or seasonal business fluctuations.
The Kapinskis owned and occupied lot 18 from 1935 to 1950 in a state in which the adverse possession period is 25 years. In 1950, the lot was conveyed to the Wyroskis. The Laurins purchased lot 19 in 1954. The lots were the sites of summer homes. A row of lilac bushes had always marked the boundary between lots 18 and 19, and the Kapinskis and Wyroskis put in and maintained a lawn and flower bed
that bordered the lilacs. A boathouse for lot 18 was also located next to the lilac bushes. The boundary line as marked by the lilac bushes was incorrect and the bushes were actually located on the Laurins' lot. The result was that the incorrect boundary expanded the size and boundaries of the Wyroski lot. In 1961, the Laurins bought an action to quiet title. ?With regard to the lilac bushes: A)?Their presence is not enough to establish an adverse claim. B)?Because the boundary was mutually used, there can be no adverse use. C)?The lilac bush fence is sufficient for a claim of adverse possession. D)?Adverse possession is not possible when the possession results from an error and not willful possession.