A mortgage clause that states that the mortgage is due and payable upon certain conditions, such as the non-payment is the option(d) i.e, the Acceleration clause.
<h3>What is
a mortgage clause?</h3>
A provision in an insurance policy (such as a fire insurance policy) that allows the designated mortgage to receive payment for property damage or loss.
There are different types of clauses:
- Acceleration clause
- Due-On-Sale clause
- Prepayment Penalty clause
- Subordination clause
- Release clause
If the borrower breaches the conditions of the agreement, an acceleration clause in a mortgage or trust deed states that the entire obligation is payable immediately. Additionally, it will specify the circumstances under which a lender may request full loan payback. For instance, home loans frequently feature an acceleration provision that kicks in after a certain number of missed payments.
Most of the time, it is harmful to accelerate a loan. Typically, it denotes that the borrower has fallen behind on payments or broken the terms of the agreement, and the lender is requiring prompt repayment of the whole loan balance to avoid foreclosure.
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Answer:
Direct Method
Operting Activities
$1,390 Cash Collected from Services
-$7,864 Cash to rent Equipment
-$0,864 Cash to repair facilities
$24,285 Collected from customers
Financing Activities
-$0,150 Repaid Long Term
$16,797 Net Cash
Explanation:
These others activities are not included because doesn't inclulde movements of cash.
(2) Purchased new equipment costing $3,434; signed a long-term note.
Answer:
The correct answer is letter "D": one.
Explanation:
After graduation from college, <em>young professionals should enroll in one professional program</em> at least so whenever they present their resume to companies, with their <em>memberships</em>, they show they are interested in following a path career in their field of study. This will let employers have an idea of the type of person they are dealing with and are likely to get the impression the young professional is taking the application seriously.
Answer:
.793
Explanation:
Formula
.032=.7^2*.17^2+.3^2*.23^2+2(.7)(.3)(.17)(.23)p
.032=.0142+.0048+.0164p
.032-.0142-.0048=.0164p
.0164p=.013
p=.013/.0164
p=.793