Which of the following is the primary reason that a mortgage lender may allow a rate modification to an existing mortgage holder with a fixed-rate mortgage?
A) The lender receives a one-time fee.
B) The borrower may obtain a new mortgage from another lender.
C) The borrower receives a lower interest rate.
D) The borrower does not have to pay closing costs.
Answer: B
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The three types of business activities in which all corporations engage are _______________________, ______________________, and _____________________
Fill in the blank(s) with correct word
The profits and losses of the C corporation are passed directly to shareholders and are not subject to corporate? taxes, while the S corporation must first pay taxes on any profits before passing the? after-tax profits on to shareholders.
a. true b. false
Which service behavior is LEAST important in B2B selling?
A) returning customer phone calls promptly B) communicating information concisely C) showing a willingness to be helpful D) speeding up the closing process E) demonstrating professionalism
A firm typically achieves an absolute cost advantage by offering a ________ product or service to a ________ target market using standardization to derive the greatest benefits from economies of scale and experience.
A. no frills; broad B. no frills; narrow C. complex; narrow D. complex; diverse