While interest rates have been historically low for the past 8 years, rates are expected to begin to increase over the coming couple of years. Given the interest rate environment, which type of mortgage would be best for your new home?
A) Variable rate interest only mortgage since the payments would be the lowest
B) A 5 year adjustable ARM
C) A 30 year conventional fixed rate mortgage
D) A one year adjustable ARM with a 6% cap
Answer: C
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In a short essay, list and discuss at least five situations in which exploratory research can be applied
What will be an ideal response?
Answer the following statements true (T) or false (F)
1.A bonus is a payment typically provided to a salesperson for selling an item to a customer and is usually paid as a percentage of the price of an item that is sold. 2.A program to reward top performers with increases in their annual wage that carry over from year to year is called entitlement pay. 3.In a straight piece-rate compensation plan, each task is assigned a normal amount of work time for completion. 4.Entitlements pay a portion of company proceeds to the highest performing employees of the firm through a bonus payment. 5.Entitlements provide executives who are dismissed from a merged or acquired organization with typically large lump sum payments on dismissal.
If a contract that was lacking in consideration is performed by the parties, the parties cannot subsequently assert lack of consideration to undo the performed contract
Indicate whether the statement is true or false
Tiffany's markets its exclusive jewelry and gifts to high-income individuals interested in high-quality products and a well-known brand name. It uses the same marketing mix to reach this market. Tiffany's uses a(n) ____ strategy.
A. undifferentiated B. differentiated targeting C. exclusive targeting D. heterogeneous E. concentrated targeting