Answer:
Mortgage Broker Dual Agency Disclosure Form
Explanation:
The Mortgage Broker Dual Agency Disclosure Form is a document a broker needs to fill in when he/she acts as a mortgage broker and real estate broker in the same operation to inform the buyer and the seller before he/she can provide the services and it must be signed by both parties. So, according to this, the answer is that a banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction is known as the Mortgage Broker Dual Agency Disclosure Form.
I don’t know if i’m right or the answers that were given to you, but I believe it’s the ombudsman. Correct me if i’m wrong :)
Answer:
Answered
Explanation:
The order of steps in the accounting cycle.
1 Transactions are analyzed and recorded in the journal.
2 Transactions are posted to the ledger.
3 An unadjusted trial balance is prepared.
4 Adjustment data are assembled and analyzed.
5 An optional end-of-period spreadsheet (work sheet) is prepared.
6 Adjusting entries are journalized and posted to the ledger.
7 An adjusted trial balance is prepared.
8 Financial statements are prepared.
9 Closing entries are journalized and posted to the ledger.
10 A post-closing trial balance is prepared.
Answer: A ballon note
Explanation: A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a balloon payment because of its large size. Balloon payment mortgages are more common in commercial real estate than in residential real estate.A balloon loan is a loan that you pay off with a single, final payment. Instead of a fixed monthly payment that gradually eliminates your debt, you typically make relatively small monthly payments. But those payments are not sufficient to pay off the loan before it comes due. As a result, you need to make a final “balloon” payment to pay off the remaining loan balance, and that payment may be significant.
Answer:
The correct answer and the letter d. $600.
Explanation:
A consumption equation relates aggregate consumption with disposable income (income minus taxes). In this way, it shows how the increase in aggregate disposable income, that is, of the whole economy, impacts aggregate consumption. In this case, we have the consumption function given by: C = 200 + 0.8YD, and the disposable income is $ 500. Like this,
C = 200 + 0.8YD
C = 200 + 0.8 (500)
C = 600.
That is, by including the disposable income of $ 500 in the consumption equation, we will have an aggregate consumption of $ 600.
