In which of the following situations would a delegation of contractual duties be allowed? Multiple Choice A painter hired to pai
1 answer:
You might be interested in
A mortgage of $80,000 with 2 points means the borrower would have to pay at closing $800 is false because the real pay at closing is $1,600.
<h3>What is mortgage?</h3>A mortgage is a loan that is used to buy or to maintain a land, home, or other sort of real estate.
The borrower checks to refund the lender over a period of time, usually in an ordination of regular installments divided into principal and interest. The property is used as security for the loan.
According to the given information,
Mortgage Amount = $80,000
Points = 2
Let the 2 points is taken as a percentage:
Point 1 = 1%, and
Point 2 = 2%
Now, as we know that in the loan process, the amount of point is cyphered at the closing. Then, the closing cost is commuted as:
Therefore, the given problem is false, that the borrower have to pay $800, he would have to pay only $1,600.
Learn more about the mortgage, refer to:
#SPJ1
So the thing here is that n workers produce n units of output, and so the total product of labor equals the number of workers: q = L
will differ by labor because the extra workers creates one more units of output,
= ∆q/∆L= 1
will differ by how much labour was put into it:divide both sides of the production function,
= q/L= 1
---------------------
Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)
- Cutiepatutie ☺❀❤