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dezoksy [38]
2 years ago
8

When you take out a mortgage your home becomes the collateral. true or false

Business
1 answer:
Y_Kistochka [10]2 years ago
6 0

Answer:

True

Explanation:

A mortgage loan is done to purchase or create real state or by existing property owners to raise funds for any purpose, in both cases, while putting a lien on the property being mortgaged.

The collateral will be the property, because is the item pledged to guarantee the repayment of a loan.

Foreclosure or repossession:

The act upon which the lender will take possession and sell the property to pay off the loan in the event the borrower fails to perform the payment in terms.

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What does the phrase high risk = High reward mean when it comes to investing?
Lera25 [3.4K]

Answer: The phrase “higher risk, higher reward” is used in the general sense to set ratios between riskier stocks and more stable bonds and cash holdings. Investors adjust their risk according to their station in life.

Explanation:

7 0
3 years ago
Refer to Exhibit 3-8. A price of $5 will result in a ___________________ in this market which will cause the price of the produc
zlopas [31]

Complete diagram of Exhibit 3-8 is attached below

We have that the blanks are Shortage and Upward giving the answer to be

A price of $5 will result Shortage in a in this market which will cause the price of the product to gravitate Upward

Referring to Exhibit 3.8 we have a Price in dollars to Quantity graph

Price

A price is the  quantity of compensation given by one party to another in return for one unit of goods or services. If the product is a good in the commercial exchange, the price of this product will be called price.

Quantity

Aka amount is a property that can exist as a multitude or magnitude, which illustrate discontinuity and continuity. Quantities can be in terms of Mass,Number or size

Therefore have the Knowledge of Quantity and price

We conclude that

A price of $5 will result Shortage in a in this market which will cause the price of the product to gravitate Upward

For more information on this visit

brainly.com/question/19091385

5 0
3 years ago
A policy analyst was asked to evaluate current policy approach for subsidizing (i.e., providing financial assistance) child care
eimsori [14]

Answer:

program evaluation using one of the research techniques

Explanation:

According to my research on , I can say that based on the information provided within the question a program evaluation using one of the research techniques. The analyst can use one of many research approaches in order to evaluate the program and acquire the information needed to provide a full report to his/her boss.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year:
antiseptic1488 [7]

Answer:

Option (c) is correct.

Explanation:

Given that,

Work in Process, January 1 = $51,600

Work in Process, December 31 = 37,800

Direct materials used = $13,300

Total factory overhead = 6,300

Direct labor used = 27,300

Therefore,

Total manufacturing cost:

= Direct material + Direct labor + Factory overhead

= $13,300 + $27,300 + $6,300

= $46,900.

8 0
3 years ago
Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $101.255 million Cash of $8.040 mil
kkurt [141]

Answer:

Stock = 27.629 million

Explanation:

<u>Baldwin Corporation</u>

<u>Balance Sheets</u>

<u>Assets</u>

Cash of $8.040 million

Total Assets $163.111 million

<u>Liabilities and Owner's Equity </u>$163.111 million

Stock 27.629 million

Total Liabilities  $101.255 million

Retained Earnings  $34.226 million

According to Balance sheet approach total assets must equal total liabilities and Owner's Equity.

Total assets including cash are given which are equal to $163.111 million  and when we subtract total liabilities and retained earning from it we get the value of stock.

Stock = Total Assets- Total Liabilities - Retained Earnings

Stock = $163.111 million - $101.255 million-$34.226 million

Stock = 27.629 million

5 0
3 years ago
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