A variable interest rate loan is a loan where the interest charged on the outstanding balance fluctuates based on an underlying benchmark or index that periodically changes. ... However, when interest rates rise, borrowers who hold a variable rate loan will find the amount due on their loan payments also increases.
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The agent must purport to act as agent for a principal who is in contemplation:
There should be an act capable of ratification:
The principal must be in existence:
The principal must be competent to contract:
The principal must have full knowledge...
Explanation:
Answer:
Hewo My Lovelys!!
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Explanation:
Ownership involves the absolute rights and legitimate claim to an object. It means to own the object by the owner. Possession is more the physical control of an object. As per the definitions, it is the continuous exercise of a claim to exclusively possess and use the object/thing.
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Explanation:
explain ur question again