The Housing Affordability index is based on the
A)
ability of the median income family to purchase the median priced home.
B)
ratio of low income housing to all housing.
C)
the cost of financing as a percentage of total mortgage payments.
D)
the average length of a home mortgage.
A
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Kendra is the program chair for an organization and would like to request permission to use a country club free of charge to host a fund-raising dinner. Which of the following sentences would be the most successful beginning sentence?
a. We would like to use your country club to host our annual fund-raising dinner. b. We have heard that your country club is available for outside functions. c. Thanks to the thousands of dollars contributed at our annual fund-raising dinner, people in our community can get the help they need to pay medical bills. d. Your country club is one of the most exclusive clubs in our community.
The U.S. government agency that provides loans, guarantees, and insurance programs to support American exporters is the _________ Bank.
What will be an ideal response?
What does chapter 15 of your textbook identify as the most devastating consequences of the global gap between the winners and losers of world trade?
a. 4 billion people live on less than $2 a day b. The gap between the world’s richest nations and the world’s poorest nations is growing c. The integrated world economy is not so integrated because it actively excludes those nations already on the periphery d. All of the above
Carl and Cleo Nordstrom entered into a contract to purchase 480 acres of farmland from John Lee and Marilee Miller. The purchase price was $480,000. The advertisements for the property described it as "irrigated cropland" and stated that the property
had two wells. One advertisement read: 480 acres of Prime Developed irrigation land located north west of Garden City in Finnery County, Kansas. Two irrigation wells and approximately 14,000 ft. of underground pipe. This land is flood-irrigated and all runs are one-half mile long. THIS IS ONE YOU HAVE TO SEE TO BELIEVE. Robert Legere, a real estate broker, contacted the Nordstroms and showed them the property. Nordstrom inspected the land, the buildings, and the wells. The Nordstroms paid $15,000 down, sold their home and store in Colorado, and purchased the property and moved in on March 2, 1976. During the summer of 1976, one of the irrigation wells went dry. On further investigation, Nordstrom discovered that insufficient water was available to supply either well and the farm could no longer be operated owing to its geological limitations. Nordstrom confronted the Millers with the information, and the Millers offered to drill another well and change the contract payment terms. The Nordstroms refused and brought suit for fraud and misrepresentation seeking rescission of the agreement. Discuss whether the Nordstroms were entitled to rescission of the agreement.