Answer:
The correct response of the options given is Option D: It has a steady and stable monthly payment.
Explanation:
A mortgage has advantages over renting a home because it allows you to invest in an asset and accumulate some wealth in the value of the home. It is also predictable in the sense that you can negotiate a fixed-rate mortgage and know what the scheduled payments will be for the life of the mortgage loan. However, you are usually responsible to put down some down payment as an investment upfront, and as a homeowner, you are responsible for the maintenance and repairs whereas renting in most states in the United States, for example, the tenant is not responsible for major repairs to the rental property.
Explanation:
The Bahamas became a British crown colony in 1718, when the British clamped down on piracy. After the American Revolutionary War, the Crown resettled thousands of American Loyalists to The Bahamas; they took their slaves with them and established plantations on land grants.
A government of law and not of men. Distinguished from the rule of man where, for example, in a monarchy, tyrannical or theocratic form of government, governance and rules of conduct is set and altered at the discretion of a single person, or a select group of persons.
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