Lorna borrows $175,000 from Mountainside Credit Union to buy a home. Among the terms that must be disclosed under federal law is the annual percentage rate. This is
A. the actual cost of the loan on a yearly basis.
B. the average prime offer rate.
C. the interest rate at which the loan is made.
D. the loan principal.
Answer: A
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Which of the following questions is LEAST relevant to the level of pressure a manager places on a salesperson?
A. How big is the territory? B. What are the sales group goals? C. What goals are realistic? D. What is the industry standard? E. What motivates the salesperson?
Following are the account balances from Browne Company's income statement: Inventory, January 1 . 2014 ............................ $35,000 Purchases ............................................. 35,000 Purchase Returns and Allowances ....................... 2,000 Purchase Discounts .................................... 4,000 Freight-In ............................................ 5,000 Inventory,
December 31 . 2014 .......................... 10,000 Freight-Out ........................................... 6,000 Given this information, the cost of merchandise available for sale during 2014 is a. $65,000. b. $59,000. c. $69,000. d. $61,000.
Listmann Corp. processes four different products that can either be sold as is or processed further. Listed below are sales and additional cost data:ProductSales Value with no further Processing Additional Processing Costs Sales Value after further processingPremier $1,350 $900 $2,700 Deluxe 450 225 630 Super 900 450 1,800 Basic 90 45 180 Which product(s) should not be processed further?
A. Premier. B. Deluxe. C. Basic. D. Super. E. Premier and Basic.
The status of a third party is determined by
a. the type of contract. b. whether the third party gave consideration. c. the reasonable expectations of the third party. d. the intent of the contracting parties.