The home appraisal conducted by the mortgage lender is primarily meant to
A)
ensure the lender that upon foreclosure it can resell the home for more than the outstanding balance on the mortgage.
B)
ensure the buyer is not paying more than the market value for the home.
C)
ensure the government that price discrimination does not occur in the housing market.
D)
provide the basis for future property tax assessments.
A
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Which of the following is not a business use of life insurance?
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a. true b. false
________ requires that any profits made by a statutory insider on transactions involving short-swing profits belong to the corporation.
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