Answer: ARM A
Explanation:
The issuers of Adjustable-Rate Mortgage adjust its rate based on a certain index in the market, the purpose of which is to reflect the current cost being incurred by the issuer for loaning out money.
Both these mortgages are similar in everything except the index period. ARM A has a longer index period which means that it is expose to more forward rates and as the yield curve is generally upward trending(interest rates are higher in future), ARM A will be offered at a higher interest rate.
Answer: False
Explanation:
Quotations are used in speeches to reference something said by someone else that is related to subject matter of the speech one is giving.
Quotations are best made in the middle of speeches to act as a second voice reaffirming what the speaker is saying.
Ending a speech with a quotation may show signs of low trust of the speaker in his own words to the audience.
Answer: Corporate Charter
Explanation:
The Corporate Charter is a very important document that a company must fill when incorporating a business.
Even though the details vary per company based on the type of company it is as well as its size, generally the following have to be included;
- the name of the proposed corporation,
- types of activities the company will be involved in,
- amount of capital stock,
- number of directors, and
- names and addresses of the directors, is called the corporate