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N76 [4]
3 years ago
14

What fee is charged by a lender for holding credit available for a borrower, often associated with a construction loan?

Business
1 answer:
mr_godi [17]3 years ago
7 0

Answer:

The correct answer is the option 2: Loan Origination Fee.

Explanation:

To begin with, a <em>Loan Origination Fee</em> is the name given in the U.S to an upfront fee, that is being charged by a lender who will process a new loan application and the main purpose of the fee is to compensate the time that is being used for putting the loan in place. Moreover, this type of fees are quoted as a percentage of the total loan. Furthermore, this type of loan is usually associated with a construction loan due to the fact that it will be good for the borrower only is the person plans to sell or refinance within a few years.

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3. What challenges do you anticipate in implementing some of the above steps? Explain.
erica [24]

In implementing some of your steps, anticipate the challenges as they are bound to e related to your specific goal.

<h3>What are challenges?</h3>

Generally, challenges are simply a competitive situation to determine who is superior in a specific field.

In conclusion, in carrying out set goals, missions, or said steps or series of activities we tend to meet challenges, and these challenges are anticipated by the nature of activity.

Read more about Humans

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6 0
2 years ago
Beau said to a close friend, "I am fed up with my company's continual disregard for the environment. They secretly dispose of ha
RideAnS [48]

Answer:

Beau's decision to tell somebody about his company's actions is an example of: whistle blowing

Explanation:

Ethics is the study of moral human behavior. Ethical behavior usually varies with different areas. What is considered ethical is always subject to the cultural standards of that particular place. In a company environment, there are ethical standards that are supposed to be met on the part of the company and also individuals working in the company.

One major ethical standard that companies must maintain is environmental protection. This is more prevalent in manufacturing companies that have to release toxic waste to the environment in the form of fumes to the atmosphere or liquid waste to rivers and water bodies. The environment is used by all living beings and therefor it needs to be protected. Ethical standards dictate that industrial waste should be kept below toxic levels before being released into the environment.

It is also ethical for any individual working in a company and has information about unethical practices of a company to publicly expose the company so that they can be held accountable for their actions. This is referred to as whistle blowing. Beau's decision to inform a newspaper reporter about the actions of the company in destroying the environment is an example of whistle blowing. Her decision is a typical example of ethical behavior.

8 0
3 years ago
The longer the time period considered the more the elasticity of supply tends to
sdas [7]
The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />
5 0
3 years ago
Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increa
lorasvet [3.4K]

Answer:

The answer is: A) A decrease in the price of paper used to make greeting cards.

Explanation:

In normal market conditions, an increase in the equilibrium quantity of greeting cards means that the quantity demanded and the quantity supplied of greetings cards increased. Usually an increase in the quantity supplied will result in an increase of the price of the good or service. But on this specific case something else made the price of the cards decrease. The only one of the four possible options that can explain an external cause for a decrease in the price of greetings cards, is a decrease in the price of paper used to manufacture them.  

3 0
3 years ago
Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?
Helga [31]

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

<u>Some advantages of an Optimized supply base are provided below</u>:

  • Cost efficiency.
  • Enhance output.
  • Better Collaboration.
  • Identify problem areas with ease.
  • Prevention of delays.

<u>Some advantages of an Optimized supply base are provided below</u>:

  • Lack of Reliability.
  • Complicated.
  • Co-ordination vacuum between organizations.
  • Trained and personalized personnel are required.
  • Cost of execution.

<u>A buyer can overcome the disadvantages by the following point</u>:

  • Your Emergency Strategy is referred to.
  • Creating open communication channels.
  • Ensure the level of customer satisfaction.

Learn more about optimized supply base here:

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7 0
3 years ago
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