Answer:
prepayment penalty, maintain, insurance, mortgage
Explanation:
Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.
The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.
Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.
If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.
Answer:
The correct option is D
Explanation:
The authority-compliance style is the leadership style, in which the managers are autocratic, follow strict rules in the work, procedures and the policies and view the punishment as a way which is effective for motivating the members of the team.
In this case, Rodney is the manager who is strict and concerned regarding the product delivery. So, he is following the style of authority-compliance.
.
Answer:
The correct answer is C
Explanation:
Sarbanes–Oxley Act, 2002, also acknowledged as the Public Company Accounting Reform and Investor Protection Act, it is a US federal law which set or create the expanded requirements for all the public company boards of the US, public accounting firms and the management.
The SOX Act, Section 302, require the management to determine the compliance of the activities of the financial reporting along with the applicable standards of the financial reporting. Therefore, this section dealt with the certify of the financial statements of the company.
Answer:
Personal consumption spending = $387 billion
Explanation:
Given:
Personal saving = -$17 billion
Personal income = $370 billion
Find:
Personal consumption spending
Computation:
Personal consumption spending = Personal income - (Personal saving)
Personal consumption spending = $370 billion - (-$17 billion)
Personal consumption spending = $387 billion
