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4 years ago

When you take out a mortgage your home becomes the collateral true or false?

2 answers:

8 0

A mortgage is a long term loan issued by a financial institution such as; banks. These are loans obtained for a large sum of finance required. Example; an entrepreneur requires 60 million for expansion of the business. Therefore in such cases, a house is normally worth this amount and thus, a collateral security is given which is the house.

Karo-lina-s [1.5K]4 years ago

5 0

Answer:

TRUE

Explanation:

A mortgage is a line of credit where you place your property as collateral to the lender to get a loan at a lower interest rate. This is very common in high value loan transactions. If you honor the payment normally, nothing changes with your property, but if you do not honor the payment, you may lose the property through a lawsuit in which the creditor claims the property.

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When she was in college, Jammie Thomas-Rasset wrote a case study on Napster, the online peer-to-peer (P2P) file-sharing network,

andrezito [222]

Answer:

1. Is Thomas-Rasset liable for copyright infringement? Yes he is liable for copyright infringement. What action did Thomas-Rasset have to take in order to share twenty-four copyrighted songs available for distribution on KaZaA?

-shared her downloaded music files using kazaa

2.Is file sharing always prohibited?NO

3. File sharing is prohibited _____.

when it is used to download and store ---copyrighted music

4. Did Jammie share copyrighted music?YES

5.Sharing copyrighted music constitutes infringement under the

- copyright act

6. Can Thomas-Rasset remedy her wrongful conduct by replacing her hard drive?NO

7.Why or why not? The illegal file sharing WAS already done.

8.Who is an innocent infringer? A person who IS NOT aware and had no reason to believe that his or her acts constituted copyright infringement.

9. Was Thomas-Rasset an innocent infringer? NO

10. Why? She had written a case study on Napster and knew file sharing was WRONG.

11.Did Thomas-Rasset help her case by replacing her hard drive to conceal her acts?B. NO

12. Was Thomas-Rasset’s act of replacing her hard drive ethical?NO

13. The civil remedies of A. INJUCTION and B. DAMAGES are available to the owners of the copyrighted songs.

14. Would a court likely find Thomas-Rasset reliable for copyright infringement? YES

15. WHAT IF THE FACTS WERE DIFFERENT?What if Thomas-Rasset had not shared files, but rather used digital samplings in her college project presentation? Would that have possibly changed the result?YES

16. Why?A.Some courts have not found digital sampling illegal. B. Thomas-Rasset's use was fair use for educational purposes.

4 0

3 years ago

you are planning to make monthly deposits of $140 into a retirement account that pays 13 percent interest compounded monthly. If

VashaNatasha [74]

Answer:

FV= $314,365.69

Explanation:

Giving the following information:

Monthly deposti= $140

Number of months= 25*12= 300

Interest rate= 0.13/12= 0.01083

<u>To calculate the future value of the investment, we need to use the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {140*[(1.01083^300) - 1]} / 0.01083

FV= $314,365.69

7 0

3 years ago

Which one of the following would not be considered an advantage of the corporate form of organization?a. Limited liability of ow

solmaris [256]

Answer:

Disadvantage of Corporate Form of Organization:

d. Government regulation

Explanation:

In recent times, government regulation of businesses appears to be regarded as a disadvantage of the corporate form of organizations. Governments intervene and regulate corporate entities whenever they fail to be self-regulatory. But, the regulations may appear to be so much that the corporate form of organization now looks like a disadvantage. Given the many corporate scandals, collapses, and misapplications of resources by corporate entities that have become the order of the day, government regulation is very important. Without government regulation, many corporate bodies will not be acting in the public interest. This is more so with public entity corporate organizations with diverse stakeholders and corporate managers who act as if they were running their own autonomous governments.

5 0

4 years ago

... During a strong storm, Missy’s grain drill was mangled by a tornado, which rendered it useless. Before the damage, the grain

Nadusha1986 [10]

Answer:

$40,000

Explanation:

Since Missy's policy had a replacement cost endorsement, her insurer must pay for a replacement grain drill even if its cost is higher than the policy's limit.

Replacement cost insurance is generally better than cash cost insurance because most equipment, buildings (including houses) and vehicles tend to depreciate, and their replacement cost is generally higher than their cash value.

3 0

3 years ago

Samantha’s paper fits her audience and thesis but doesn’t match the purpose. which stage of the fact strategy applies

Alina [70]

The answer to the question above is FIT. The stages of the FACT strategy include fit, add, cut out, and test. In this case, the one that fits Samantha's situation is fit. In the FACT strategy in writing, this is when the topic relates to its audience and thesis, but then, it deviates to what the real purpose of the writing is all about.

4 0

4 years ago