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Lapatulllka [165]
2 years ago
15

Jay's new loan to purchase a property includes the seller's existing mortgage. What type of loan is this

Business
1 answer:
timurjin [86]2 years ago
8 0

The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.

<h3>What is the wraparound mortgage loan?</h3>

This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.

This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.

Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.

Read more on the wraparound mortgage loan here:

brainly.com/question/14454865

#SPJ1

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Television programs are nonrivalous because:_______
Scilla [17]

Answer:

(B) more than one person can consume the same unit of the good at the same time.

Explanation:

A service is rival in consumption if the same unit of the good cannot be consumed by more than one person at the same time and nonrival in consumption if more than one person can consume the same unit of the good at the same time.

8 0
3 years ago
Eastland’s government has a total national debt of $500 million, which is financed as follows: $100 million is held by other gov
luda_lava [24]

Answer:

The public debt owed by Eastland is $400 million

Explanation:

In this question, we are asked to calculate the amount of public debt in Eastland.

Public debt refers to the amount of money owed by a country to external borrowers.

It doesn’t include such debt that the country owes itself. For example, debts owed by one agency of government to another.

Hence to calculate the public debt of Eastland, we add the amount of debts owed by citizens of Eastland + Amount of debts owed by foreign citizens in Eastland .

Amount of debt owed by citizens of Eastland is $200 million while the amount of debt owed by foreign citizens is also $200 million.

Mathematically the public debt will be ; $200 million + $200 million = $400 million

4 0
3 years ago
Facilities like the ymca and parks and recreation departments are associated with what kind of setting?
barxatty [35]
The right answer is community settings :D
3 0
3 years ago
One of the workers in Henry's department submitted his two weeks' notice so Henry needs to hire a replacement. The HR department
cupoosta [38]

Answer:

procedure

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According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
As a business owner, explain the importance of scanning the internal and external environment of a business.
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2.identificationof weakness

3. Identification of opportunity

4. Identification of threat

5. Optimum of use of resources

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