Answer:
The correct response of the options given is Option D: It has a steady and stable monthly payment.
Explanation:
A mortgage has advantages over renting a home because it allows you to invest in an asset and accumulate some wealth in the value of the home. It is also predictable in the sense that you can negotiate a fixed-rate mortgage and know what the scheduled payments will be for the life of the mortgage loan. However, you are usually responsible to put down some down payment as an investment upfront, and as a homeowner, you are responsible for the maintenance and repairs whereas renting in most states in the United States, for example, the tenant is not responsible for major repairs to the rental property.
A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined. 1. For any quantity, consumers now place a lower value on the good, and producers are willing to accept a lower price; therefore, price will fall.
The US Constitution outlines that the Federal Government has the power to established powers. This is known as one of the delegated powers that the federal government had.
Hope this helps!
Answer:
C) the presence of mold is a material adverse fact and could affect the health of the person(s) occupying the house.
Explanation:
In the given scenario the presence of the mold in the house can affect the health of the buyer so it needs to be disclosed to him. It is a material adverse fact.
According to the Alabama law the seller and agent are required to disclose any material defects the buyer who will know make the final decision.
So the agent should tell the seller that the presence of mold is a material adverse fact and could affect the health of the person(s) occupying the house.
