Lauren made an error in step 3 because she should have subtracted expenses from income.
Net income = (Total of all sources of income)- (Total of all bills and expenses)
You must subtract expenses because they are things you are <u>paying for.</u>
Answer:
3) owes the company for towing her car under an implied contract
Explanation:
An implied contract is formed when both parties mutually agree to a contract without necessarily having a signed written contract. In this case, Carl called the towing company and requested the service, so she agreed to her car being towed and therefore must pay for the services.
Further expansions led to the world's first skyscraper, the ten-story Home Insurance Building in Chicago, constructed in 1884–1885. It is the so-called “Father of the Skyscraper”. While its tallness of 138 feet is not measured very remarkable today, it was at that time. The designer of the building was Major William Le Baron Jenney.
The document the borrower must receive at least three days before the signing appointment is: Closing Disclosure.
Closing disclosure is a loan document that contains all the information about the what loan entails.
This closing disclosure tend to contain the following:
- The loan terms
- Transaction details
- Closing information
- Projected payments
- Closing costs
- Summary of loan transaction etc
Closing disclosure document must be received by the borrower at least three days before the borrower sign the appointment so as to give the borrower time to go through the document or to review the documents and have good understanding of the loan terms and condition before signed the appointment.
Inconclusion the document the borrower must receive at least three days before the signing appointment is: Closing Disclosure.
Learn more about closing disclosure here:brainly.com/question/4375643
