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OLga [1]
3 years ago
15

of 10 Owner Sam has a $75,000 mortgage on his home. Sam sells his home to Bill for $100,000. Bill pays $7,000 down and borrows $

93,000 on a new mortgage. This mortgage includes the existing $75,000 mortgage because the new lender will make the payments on the old mortgage. This is an example of a what kind of loan?
Business
1 answer:
navik [9.2K]3 years ago
8 0

Answer:

wrap-around loan

Explanation:

Based on the scenario being described within the question it can be said that the type of loan being described is known as a wrap-around loan. This is a loan in which the initial home morgage amount is added to an incremental amount that when summed makes up the total amount that the house is being sold for and which the buyer will need to pay the seller in a given period of time. Which in this type of loan the lender provides the money for this payment.

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In long-run equilibrium, a purely competitive firm will operate where price is:
Anvisha [2.4K]

Answer:

D. equal to MR, MC, and minimum ATC.

Explanation:

Long run equilibrium is the equilibrium of a perfect competitive market occurs, when there is the Marginal Revenue  is equal to the marginal cost and  average total cost of the company product. It is the sum of all the market short run supply curve's series. So the correct option is D. equal to MR, MC, and minimum ATC.

4 0
3 years ago
A manager wishes to improve the job performance of a group of clerical workers. based on herzberg's theory, ________ would be an
Licemer1 [7]

Answer and Explanation:

From the given case/scenario we can state that the manager would choose offering the employees opportunity for the achievement and also recognition . Two factor theory which is also referred to as the Herzberg's hygiene-motivation theory and the dual factor theory, under this there are few certain factors in a workplace which tends to cause the job satisfaction while on the other hand the separate set of another factors tends to cause dissatisfaction, these factors act independently.

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3 years ago
An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?
aleksandrvk [35]
It could be caused by the fact that the target CPA bid was lower than the expected or recommended amount
3 0
3 years ago
Read 2 more answers
Fairview Community College is a multi-district college with four campuses. Each campus has one president, two vice presidents, f
EastWind [94]

Answer:

The correct answer is b. chain of command

Explanation:

A chain of command is a system of sending information characteristic of organizations with strong, vertical and authoritarian hierarchical structures, such as political-party and military organizations, where orders, rewards and penalties flow from the tip of the pyramid organizational to the base, and where it is expected that only the required information, entrusted activities and tasks flow to the top of it.

7 0
3 years ago
An absolute definition of poverty is:________a) a relatively fixed level of income above which a person cannot function in a pro
mafiozo [28]

Answer:

d) Neither A nor B

Explanation:

Poverty refers to a financial state wherein an individual is unable to meet the most basic needs for survival such as food clothing and shelter.

Absolute poverty refers to a state wherein the income of a household is below a certain threshold level which makes it hard to meet the basic necessities of life such as food, shelter, water and sanitation.

The concept of relative poverty makes a comparison i.e relatively to others. When one is relatively poorer than others. The person in such a scenario may be able to meet his ends but relative to other households income, shall be termed as poor.

8 0
3 years ago
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