Article 2A of the UCC affords special treatment for consumer leases
a. True
b. False
Indicate whether the statement is true or false
True
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Backstage culture is information you are willing to share with outsiders
Indicate whether the statement is true or false.
Which of the following is true regarding want ads and job announcements?
a. employers are legally required to post written job announcements and ads b. the wording of job announcements and ads must be neutral c. job announcements and ads must not be placed in publications that are narrowly targeted toward particular protected class groups d. all of the above e. none of the above
The next dividend on Sciorra stock is expected to be $3.10 per share. Dividends are expected to grow at a constant rate of 5% indefinitely. What should the current share price be if Sciorra investors require a return of 15%?
A) $32.55 B) $31.00 C) $20.67 D) $21.70 E) $62.00
Brendan borrows $150,000 from Countywide Credit Union to buy a home. The loan is a fixed-rate mortgage at 5.5 percent with a thirty-year term secured by Brendan's home, which is his principal residence. When Brendan has paid off $10,000 of the mortgage¾still owing $140,000¾he loses his job and defaults on the loan. The market for homes has declined since Brendan took out the loan, and the value of the home at the time of default is $100,000. Despite the default, Brendan assures Countywide that he has accepted a new position, which will begin in six months. What are Brendan's options to recover the amount still owed on the mortgage? Which option would most benefit these parties? Why?
What will be an ideal response?