When fixed mortgage payments are made, in what way does the interest portion change each month, and why?
Each month, the basis for the interest calculation (i.e., the loan balance) decreases. Therefore, as the loan balance decreases, the interest portion of the fixed mortgage payment also decreases each month and the principal portion increases.
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People and organizations that are both able and willing to buy are considered as markets
Indicate whether the statement is true or false
Which of the following statements is true of the problems associated with channels of communication?
A. Face-to-face conversation denies the opportunity to supplement words with nonverbal cues. B. Nonverbal cues like inflection and tone are unidentifiable in telephonic conversations. C. Written communication has the potential feeling of the message being too impersonal. D. It is typically best to avoid face-to-face communication in an ideal world.
Time invested in an account by a salesperson should be directly proportional to the:
A. price of the product or service. B. number of products the company manufactures. C. number of complaints the customer has. D. turnover experienced by the customer. E. potential sales represented by the account.
The UCC looks solely upon "title" to determine ownership in goods
a. True b. False Indicate whether the statement is true or false