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Alina [70]
1 year ago
10

Under the contract between kramer and sweeney, deep pocket mortgage does not consent to the assumption of kramer's loan. what ar

e sweeney's options?
Social Studies
1 answer:
liraira [26]1 year ago
3 0

Under the contract between Kramer and Sweeney, the deep pocket mortgage does not consent to the assumption of Kramer's loan. Kramer may terminate but Sweeney is refunded the earnest money.

<h3>What is a mortgage?</h3>
  • A mortgage is a contract between you and a lender that provides the lender the right to repossess your property if you don't pay back the loaned funds for the purchase or refinance of a house.
  • A mortgage is a form of loan, much like an auto loan or financing for jewelry, to put it simply. In particular, it is a loan taken out to purchase or refinance a home.  
  • Numerous distinct sorts of financial transactions might be referred to as loans.
  • The principle loan amount is $250,000, for instance, if a person obtains a mortgage to buy a house for $250,000. A 20% down payment is usually preferred by lenders when financing the purchase of a property.
  • The deep pocket mortgage does not agree to the assumption of Kramer's loan in accordance with the terms of the agreement between Kramer and Sweeney. Kramer may resign, but Sweeney will get her earnest money back.

To learn more about mortgage, refer to the following link:

brainly.com/question/1318711

#SPJ4

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In order for the relationship between price and quantity demanded to shift, (known as the level of demand), what would need to t
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In order for the relationship between price and quantity demanded to shift, (known as the level of demand), the thing that would need to take place is that Consumer income increases.

<h3>What is the Understanding of Quantity Demanded?</h3>

The price of a product or services and that of quantity demanded for that given product is known to have an association that is said to be an inverse relationship.

Note that this inverse relationship connote that higher prices leads to in lower quantity demand as well as lower prices leads to higher quantity demand.

Therefore, In order for the relationship between price and quantity demanded to shift, (known as the level of demand), the thing that would need to take place is that Consumer income increases.

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Sectionalism in the United States contributed to the start of the?
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