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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Referred to as a stock certificate, hope this helped!
Answer:
<em>Transferable skills</em>
Explanation:
Transferable skills <em>include all abilities that you may have, that are helpful to companies throughout different employment and sectors.
</em>
They may involve abilities that companies pursue in powerful applicants such as versatility, organisation, sportsmanship or other characteristics.
These skills can be used when searching for a new job to place your previous experience, especially if it's in another sector.
<h3>
Answer:</h3>
C. The government
<h3>
Explanation:</h3>
Vocabulary
First, it is important to define the key terms in the question and answers.
- Planned Economy- A planned economy is an economy where the investments and capital are allocated by the government.
- Commodities - Commodities are economic goods that have real value due to their real-life usefulness (like lumber) or rarity (like gold).
How Planned Economies Work
As its name suggests, a planned economy plans the economy out and the price of goods within the markets. These plans are created by the government. This means that private businesses, consumers, and supply/demand do not control prices. Only the government can do that because the government has full control of planned economies. This is the reason that planned economies are also called command economies because the economy is commanded by the government.
I would say that renting and leasing an apartment are not the same thing, and I would choose A. False. Renting usually means you have a month-to-month agreement. Leasing usually means you have a much longer agreement.
However, I am not entirely sure.
