Kohlberg's theory of moral development can best be summarized as characterizing children's moral development as a process of pro
gressing through a series of stages from self-centeredness to increasing concern about the needs and rights of others.
1 answer:
Answer:
true
Explanation:
According to my research on Kohlberg's theory of moral development, I can say that based on the information provided within the question this statement is completely true. This is because this theory talks about starting in a stage where your actions are done in order to avoid certain consequences. Then as you get older you progress through various ethical stages, developing a series of ethical principals.
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A mortgage of $80,000 with 2 points means the borrower would have to pay at closing $800 is false because the real pay at closing is $1,600.
<h3>What is mortgage?</h3>A mortgage is a loan that is used to buy or to maintain a land, home, or other sort of real estate.
The borrower checks to refund the lender over a period of time, usually in an ordination of regular installments divided into principal and interest. The property is used as security for the loan.
According to the given information,
Mortgage Amount = $80,000
Points = 2
Let the 2 points is taken as a percentage:
Point 1 = 1%, and
Point 2 = 2%
Now, as we know that in the loan process, the amount of point is cyphered at the closing. Then, the closing cost is commuted as:
Therefore, the given problem is false, that the borrower have to pay $800, he would have to pay only $1,600.
Learn more about the mortgage, refer to:
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