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Vikki [24]
3 years ago
8

A home mortgage is considered a secured loan because it is backed by __________.

Business
1 answer:
Ierofanga [76]3 years ago
8 0
<span>It is backed by collateral, and in this case since it is a home mortgage, the collateral is your home. That means that if you don't pay your loan monthly payments on time or don't pay them at all, then they can take your home away and you can end up on the streets. That's why it is secured, it is secured for the bank, not for you.</span>
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A $10,000 municipal bond with 10 years to maturity is purchased in the primary market at 105. The bond is sold after 2 years at
Mama L [17]

Answer: B. a 2 point capital gain

Explanation:

Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.

The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;

105 - 2 = 103

Yet it was sold for 105. The gain is therefore

= 105 - 103

= 2 point capital gain

7 0
3 years ago
Mega Mart is a part of a business unit that has grown very slowly over the years. According to your local business newspaper, th
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The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low. 

Business unit that has grown very slowly.
They have a very low share.<span>
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shusha [124]

Answer:

See attached file

Explanation:

4 0
3 years ago
_____________ is by far the most popular target for american franchisors seeking to establish franchises in other countries.
Ostrovityanka [42]
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3 years ago
In the context of the controlling function of management, employees are motivated to improve their performance when ____
maw [93]

Answer:

The correct answer is the performance is measured.

Explanation:

Any control necessarily implies the comparison of the obtained with the expected, but such comparison can be made at the end of each period, preset, that is, when it has already been seen if the obtained results did not reach, matched, exceeded or departed from what What did you expect? Such a procedure constitutes control over the results. Control can be considered as the arrest or correction of variations. The importance of the results obtained by the award-winning activities is likely to cause some errors, loss of effort and cause unjustified deviations from the objective pursued. It is important to keep in mind that the purpose of control is positive, it is to make things happen through planned activities.

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