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2 years ago

Which of the following requirements must be met before a lender may begin the power of sale

1 answer:

3 0

The lender must wait at least 15 days before receiving notice of a breach of the terms not being upheld and a mortgage default. This authority is frequently outlined in a clause in the mortgage contract between the lender and the borrower.

What is power?

The ability to exert authority, control, or influence over another person is referred to as having "power." Decision-making has benefited from the power.

According to the mortgage laws, a lender must wait at least 15 days before receiving notice that their mortgage has defaulted due to a breach of the terms. The mortgage contract between the lender and borrower often include a clause expressing this authority.

As a result, mortgage act as 15 days notice period, breach of contract and legal obligations.

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You might be interested in

Today, most salespeople are well-educated, well-trained professionals who work to build and maintain long-term customer relation

stepladder [879]

Answer:

b. False

Explanation:

The above is false because sales people are supposed to build and maintain long term relationships with their customers by listening to and assessing their needs and not teaching their customers. Sales people create a concerted effort towards solving those needs experienced by their customers.

A salesperson represent the image of the company he or she is selling for, hence must be professional and well trained because the company gets profit through his interactions with the customers. This means that before the company gets profit, customers must be satisfied because these salespeople act as critical link between the company and its customers.

4 0

3 years ago

A company with high ebit is considering pursuing multiple projects next year. which trade-off is involved, and what is the ideal

strojnjashka [21]

A company with high EBIT is considering pursuing multiple projects next year. The trade-off involved will be maximizing the number of projects against a higher credit rating, with an A rating being ideal. Thus the correct answer is D.

<h3>What is a trade-off?</h3>

The trade-off is referred as a situation when one object gets compromised to gain over another object. This situation comes when decision-making between two goods takes place and one will get selected over the other.

Increasing the number of projects is compromised for a superior credit rating. A strong credit rating won't be enough since more projects will require the business to heavily rely on financing. The A credit rating will be considered.

Therefore, option D is appropriate.

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The complete question is-

A company with high EBIT is considering pursuing multiple projects next year. Which trade-off is involved, and what is the ideal credit rating for the company between AAA, AA, A, and BBB?

Select an answer:

The trade-off is only being able to pursue a few of the projects against a lower credit rating, with an AA rating being ideal.

The trade-off is pursuing more new projects against a lower WACC, with a AAA rating being ideal.

The trade-off is the risk of a credit downgrade against having few new projects, with a BBB rating as ideal.

The trade-off is maximizing the number of projects against a higher credit rating, with an A rating being ideal.

5 0

2 years ago

What time peropd allows an insured's life insurance policy to remain in force even if the premium was not paid on tje due dates?

Maru [420]

Grace period allows an insured's life insurance policy to remain in force even if the premium was not paid on the due date.

<h3>What is grace period?</h3>

A life insurance policy won't lapse during the grace period even though a payment is past due after a missed insurance premium is due. Every state in the US requires the grace period, a highly helpful provision, to be included in every life insurance policy. Depending on the rules of each state, the minimum grace period is from 28 to 31 days; however, some businesses may grant extended grace periods.

When the required number of days have gone, the grace period formally ends at the close of business on the day the missing premium payment is due. The grace period in a whole life, universal life, or variable universal life policy would only be applicable if the premium payment was past due and there was no cash value left in the policy. It is unlikely that a policy will enter "grace period status" if a premium payment is missed if cash value is still present as long as it may be utilised to pay the premium or at the very least draw a loan to pay the premium.

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7 0

2 years ago

You intend to become certified as a computer technician over the summer. Where should you list that information?

Maksim231197 [3]

I know im very very late but the correct answer for this question would be C as it is the most logical.

6 0

4 years ago

Read 2 more answers

U. S. Companies have made fewer manufacturing tracks with China in the last few years preferring other countries in the region.

xxTIMURxx [149]

The right answer for the question that is being asked and shown above is that: "B. Has large reserves of cheap labor and can produce inexpensive goods." <span>U. S. Companies have made fewer manufacturing tracks with China in the last few years preferring other countries in the region. </span>

8 0

3 years ago