The term in the mortgage lending process when a potential borrower supplies the bank or lender a list of their debts, income and assets and the lender estimates the amount they would be willing to lend.
A) PMI
B) Full Disclosure
C) Personal Assessment
D) Pre-qualification
E) Financial Assessment
D) Pre-qualification
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The grouping of customers into categories based on key characteristics is called:
a. itemization b. Identification c. segmentation d. sales-force automation
Which of the following is NOT a way to encourage cooperation within a group?
a. Setting superordinate goals b. Encouraging altruistic norms c. Increase competition against other groups d. Building communication
In the sentence Jon tweeted on his new Samsung smartphone, the verb tweeted is ____
A) transitive B) intransitive C) linking D) helping
Retained earnings represent the cumulative total of all earnings, net of dividends, that have been retained and reinvested in the firm since its inception
Indicate whether the statement is true or false