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shtirl [24]
3 years ago
5

Mike is applying for a home loan and wants to buy a house worth $150,000 in a neighborhood close to his work. however, he only h

as $15,000 toward the down payment. mike may be required by the lender to
Business
1 answer:
hichkok12 [17]3 years ago
6 0

Pay PMI (private mortgage insurance) which is the amount the lender charges to protect their interests in case the borrower stops paying and defaults on the loan.

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Which of the following describes possession utility?
lions [1.4K]

The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

<h3>What is possession utility ?</h3>

Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.

In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.

Learn more about possession utility : brainly.com/question/14898098

#SPJ1

<u />

<u>Attached below are the missing options </u>

<em>A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.</em>

<em>B. Acquiring inputs and transforming them into products or services of greater customer value.</em>

<em>C. Effectively managing all value-added processes that influence when a product is available for purchase.</em>

<em>D. Assuring that products and services are where customers expect to find them—when they are needed.</em>

<em>E. All of the above</em>

5 0
3 years ago
Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on interna
MissTica

Answer and Explanation:

The SoX sarbanes oxley act of 2002 was enacted to address company fraud that was exemplary of Eron and worldcom and bring back the confidence held in the financial market

It was meant to increase the effectiveness of internal control in companies in keeping accounting records or financial reports reliable and fraud-proof. The SOX act increased the independence of company auditors making their reports more reliable as they didn't have to compromise because they were dependent on top managers. In addition top managers were held responsible for any fraud in accounting statements and so were to certify the reliability of reports released to the public

4 0
4 years ago
Choose all that apply.
lana [24]
I would recommend a savings account
7 0
3 years ago
Define securitization.​
kari74 [83]
The conversion of an asset especially a lone into marketable securities , typically for the purpose of raising cash by selling them to other investors
7 0
3 years ago
Read 2 more answers
Mountain Bikes, Inc. (MBI), and Nero enter into a contract for a sale of amountain bike. MBI, a merchant who deals in goods of t
elena-s [515]

Answer:

B) making warranties easier to understand.

Explanation:

The Magnuson Moss Warranty Act of 1975 governs consumer product warranties. Manufacturers are not required to offer product warranties, but when they do, they are required to provide clear and detailed information about warranty coverage. This law applies only to products, it doesn't apply to services.

3 0
3 years ago
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