Answer:
Collateral mortgage a type of loan secured against the borrower's property (home) through a written note of indebtedness such as the Promissory Note. It is usually seen as an extra security for the lender in case the borrower defaults on the loan.
Understanding Collateral Mortgages:
When the bank gives you the option of going for a conventional mortgage or a collateral mortgage, the main issue would be first to understand what the difference between the two is.
How is collateral mortgage different from traditional mortgage:
In short, a conventional mortgage gives the borrower access to a set loan amount with a fix interest rate, payable during an agreed period of time. A collateral mortgage is similar in many respects to a conventional mortgage (as it comes with an agreed interest rate and term), but the lender starts out with the idea that the borrower might want to borrow more money in the future under the same agreement and this is why up to 125% per cent might be charged on the value of the property. As a result, the collateral mortgage registered will be higher than the loan amount received by the borrower.
For example, if you would like to buy a home worth $300,000 with a 20% down payment, you'll have $240,000 in conventional mortgage at, let's say, 3.5 % rate, payable in 25 years. With a collateral mortgage, the loan amount will still be $240,000, but the mortgage registered will be $375,000.
Usually, the property being financed with the loan serves as the collateral securing a mortgage. As a result, the lender has the legal authority to seize and sell the property in order to recuperate its losses in the event that the borrower fails to make mortgage payments.
As a guarantee or security for the loan, the property gives the lender peace of mind that they will have a valuable asset to fall back on in the event of a default.
A sort of loan known as a collateral mortgage is one that is secured against the borrower's home by a written note of debt, such as the Promissory Note. It is typically viewed as additional insurance for the lender in case the borrower misses a payment on the loan.
As a result, the significance of the collateral secures a mortgage are the aforementioned.
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What is the sale price for a swimming suit with a regular price of $59.95 which is on sale for 30% off?
$77.94
$17.99
$30.00
$70.00
$41.97
Answer:
$41.97
Explanation:
During the past six months, Ben sold goods that cost $43,500, his
expenses totaled $3,500 and his freight in totaled $1,750. His company's
average stock of goods during the same period was $12,400.
The inventory turnover ratio for Ben's company is
a.) 3.08
b.) 3.93
O c.) 3.51
d.) 3.37
Answer:
B
Explanation:
b.) 3.93
The inventory turnover ratio can be calculated by dividing the cost of goods sold by the average inventory.
Cost of goods sold: $43,500 + $3,500 + $1,750 = $48,750
Inventory turnover ratio: $48,750 / $12,400 = 3.93
Why is it important to recognize expansion opportunities?
Answer:
Because it give you the opportunity to offer a diverse range of products and services. (this is expansion in business growth)
Explanation:
does someone know how much is t
he new MacBook pro 2020 (1,200) but with the student discount ?
1,199 I typed the iPad pro
Explanation:
give me the money
Please help me !!:((
Answer:
Menu bar is C. Task pane is D. Formatting toolbar is E. Slide pane is A. Slide normal view is F. Drawing tool bar is B.
Explanation:
I hope this is right.
What is the first step in the process of preparing for college?
lip gloss or expoe stuff
Answer:
lip gloss
Explanation:
r u askin or telling us well if ur asking then lip gloss ofc
*ASAP WILL GIVE BRAINLIEST*
Attached is a micro-Econ question
Answer:
No, it is not a violation of the law of demand, hence why it is a "law."
Explanation:
During summer months, the demand for beach resorts increases. This is different from an increase in quantity demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.
It is best to draw a graph for these questions, and know your demand determinants.
True or False - Goods and services can only be counted ONCE.
Answer:
it is true it is true it is true
Which of the following statements is true of partnerships?
A______is a breakdown of a project into its various component parts with the
activities that must be performed for each component.
Work Breakdown Structure
Critical Path
Peak Performance Model
Scheduling Process
Answer:
work breakdown structure
Which of the following is an important and valuable trait of an effective
message?
A.Simple
B.Multi-faceted
C.Complex
D.Technical
Answer:
simple
Explanation:
Simplicity is an important and valuable trait of an effective message. The correct option is A. To be a good communicator, your communications must be clear, concise, accurate, and well-organized. This will prevent misunderstandings and guarantee that they successfully complete each stage of the Communications Process.
What is the most important part of a message?The headline is the first thing that members of the audience notice. It catches their interest. It promises a remedy to a problem that the audience is experiencing.
The notion of simplicity or parsimony—roughly, the idea that simpler explanations of observations should be preferred to more complex ones is typically attributed to William of Occam and is known as Occam's razor.
When you include unneeded material in your messages, it dilutes your message and draws attention away from your important points. When you keep your message basic, it draws attention to the crucial details.
Thus, the ideal selection is option A.
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which of the following best represents a "supply curve"?
A. a
B. b
C. c
D. d
Answer:
I think the answer is B
Explanation:
if theres a drop in supply there will be a price change aswell, most of the time increases the price of products.
*ASAP WILL GIVE BRAINLIEST*
Micro-economics question is in the picture, Thank u!
Answer:
The supply of Ivory has decreased, bringing an increase to the price and reward for poaching.
I really could use help
Answer:
pretty sure its arbitration
Explanation:
I looked up the meanings
hope i helped <3 good luck
help plz 100 points
Some states charge a recycling or disposal fee on certain electronic items, including computers. Assume you live in one of these states. This fee, which is generally charged at the time of purchase, increases your cost by approximately $5. What is your financial cost now to purchase the computer?
Answer:
The disposal fee increases the cost to $1,105.
Explanation:
PLATO ANSWER!
______can be computed based on hard data or expert judgment and relevant
experience.
Incentives
Workforce allocation
Performance indicators
Durations
Maria has been assigned a project at work where she has to do a
presentation in front of a client. Which of these should Maria use to do her
presentation?
Answer: on-screen presentation software
Explanation:
Answer:
on-screen presentation software
Explanation:
Which leadership style is characterized by limited discussion of new ideas and is best used in groups who are not well acquainted with each other
Answer:
Autocratic
Explanation:
4. Which of the following is a miniature supermarket, carrying only a limited line of high-turnover goods?
a. Specialty discount store
b. Warehouse club
c. Department store
d. Convenience store
А ___store is one that sells goods to consumers.
wholesale
markdown
markup
retail
Answer: retail
Explanation:
A retail sale occurs when a business sells a product or service to an individual consumer for his or her own use
which statement describes border and shading?!
Border is something that goes right around an object.
Shading is the color of an object.
Hope this helps! :)
The lower risk you are as a borrower,
A) the better the terms of your loan will be.
B) the higher the interest rate you will be charged
C) the longer you can take to pay off the loan.
D) the less likely you are to get a loan.
Which support service professional develops school curriculum and teaching standards? A. school psychologist B. school counselor C. instructional coordinator D. instructional designer
Answer:
D, instructional designer
Explanation:
An instructional designer is a professional that is saddled with the job of designing courses, redesigning courses, creating teacher guides, etc for the sole purpose of learning by students.
The job of an instructional designer is very important in the learning process as without them, teachers would not know what to teach student at a certain age or grade.
Instructional designers try to create the best possible ways to present learning contents such that any individual can assimilate or comprehend it easily thus improving performance and knowledge of the student.
Cheers.
This term refers to the percentage of the civilian workforce who are available for a job but do not have one.
What is customer service and why is it important?
Answer:
is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met
Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.
Explanation:
The key elements of creating effective advertising revolve around the two
categories of ____ and design.
A. Promises
B. Content
C. Music
D. Graphics
The key elements of creating effective advertising revolve around the two categories of content and design. Thus, option (b) is correct.
What is advertising?
The term “advertising” refers to the part of the promotion in the market. Advertising informs the consumer about the product and services available. These are the primary goals for attracting the target audience. There are the based on the marketing promotion. The advertising is the target audience.
According to the advertising, are the main element of the matter to the related details. The design was to attract to the consumer. The term design refers to the visual representation of image and shapes. The design main purpose to design of logo, word art, and advertisement design. The content of the paragraph are the necessary.
As a result, the key elements of creating effective advertising revolve around the two categories of content and design. Therefore, option (b) is correct.
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Do you think marketers truly have the power to change the way we think? If so, what are the
implications?
Answer:
Yes.
Implication : Manipulate demand and choices
Explanation:
Marketing involves communicating the product to the customers at the right price, to the right people and delivering to the right place.
If one of the 4Ps is marketed well for one product customers will have greater attention of that products against another, thus changing the way we think.
Explain how the journalistic approach can be useful during the prewriting stage?
Answer:
Please find the explanation below. Thanks.
Explanation:
Journalistic approach is a writing approach that helps to develop information about a topic very quickly and easily. This is because the journalist asks 6 very important questions for which if answered, could speed up a writing.
A journalist usually asks 6 questions and they are: who? What? Where? How? When? Why?
When each of these questions are answered about a topic of writing, it becomes easy to build up the write-up.
For example, Who? Usually answers the questions: Who are the involved individuals? Who is affected? Who are the main persons? Who are the supporting persons?
What? On the other hand answered the question: What is the topic? What is the significance of the topic? What is the basic problem? What are the issues related to that problem?
All other questions asked by the journalist as long as it addresses the aspect of the topic that it should address, then the topic is as good as formed.
Cheers.
Compare and contrast the goals of command and mixed
market economies. Why are there many more mixed
market economies than command economies in the
world today?
Give your answer in the form of a short paragraph.
Answer:
Mixed market economies focus on preserving as much freedom to make economic choices as possible. Governments in these economies have limited involvement in managing and regulating the economy. In contrast, command economies are focused most on preserving and requiring equal opportunities, which means governments that greatly regulate the economy. More economic systems are geared toward offering producers and consumers the freedom to make economic choices, so mixed market economies are more common in the world today.
Explanation:
edge 2020
There are the two types of the economies. The market economies are to depend on the demand and the supply. The command economy as the controlled by the government.
What is market?
The term “market” refers to the exchange of commodities and services. A market mainly involves the buyer and seller. There are many types of markets, such as perfect competition, monopoly markets, monopolistic competition, and oligopoly markets. The market economies are the ups and down as the controlled by the government.
Economic activity is classified into market and command economies. Consumer behavior determines demand and supply in market economies. Command economies, on the other hand, are governed by the government. The government set the prices for goods and services.
As a result, the significance of the economies aforementioned.
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