Which of the following is true about a line of credit secured by the equity in the debtor's home?

A) There is a three-day rescission period
B) The same levels of disclosure for other types of credit are not required
C) The monthly payments need not be disclosed
D) All of the above are true.


A

Business

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Stopping an ad which appears to be funny in one global culture but offensive in another is probably performed by:

A) a creative B) a bilingual C) a cultural assimilator D) the local government

Business

Bailout Corporation Bailout Corporation reported the following information for the year ended December 31, 2012. Revenues $2,500,000 Expenses 2,000,000 Retained earnings at December 31, 2011 100,000 Retained earnings at December 31, 2012 450,000 Refer to the selected information provided for Bailout Corporation. How much was paid out in dividends in 2012?

A) $500,000 B) $150,000 C) $350,000 D) $250,000

Business

An abstract is longer than a summary

Indicate whether the statement is true or false

Business

About what percent of the work force is likely to have a Social Security insured disability before reaching age 65?

A) 20 - 25% B) 40 - 50% C) 60 - 70% D) 80 - 90%

Business