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Marina CMI [18]
3 years ago
11

Home ownership is desirable for all of the following reason except ?

Business
1 answer:
ololo11 [35]3 years ago
8 0
I think the answer is B because that doesn't seem very desirable 
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A client, age 67, owns his own home free and clear. The customer has an annual income of $25,000, mainly from social security an
FromTheMoon [43]

Answer:

The best recommendation to be made to this client is to do nothing.

Explanation:

Investment in stock is a highly risky investment because price of stock often fluctuates which can make an investor to lose a lot of money.  

From the question, the client is already old at age 67 with a low income and he does not have any other liquid assets apart from the annual income of $25,000, mainly from social security and interest on funds held in a bank savings account.

Since losing so much money through investment in stock is not affordable to him, the best recommendation to be made to this client is to that he should do nothing.

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3 years ago
How old do you have to be to get a reverse mortgage
Murljashka [212]

Answer: Minimum 62 years

Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.

HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.

6 0
3 years ago
To generate ideas for new products, some firms will purchase the rights to use another firm's technology. This is known as\
yKpoI14uk [10]

The purchase of the rights to use another firm's technology in the scenario is known as outsourcing.

<h3>What is outsourcing?</h3>

It should be noted that outsourcing simply means the agreement in which a company hires another company in order to be responsible for certain activities.

In this case, this experienced when the firms purchase the rights to use another firm's technology.

Learn more about outsourcing on:

brainly.com/question/4456416

5 0
2 years ago
Why is the GDP an important economic measurement?
telo118 [61]

Answer:

B

Explanation:

GDP is gross domestic product. meaning a total of all goods bought and sold in a country. this is not useful from an investment standpoint as the scope is to large. D is not true it measures only domestic not foreign product and.

8 0
3 years ago
Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
puteri [66]

Answer:

Blank Report

Explanation:

4 0
3 years ago
Read 2 more answers
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