This right is called the right of Redemption
The right of redemption enables borrowers who have fallen behind on their mortgage payments to regain their homes by paying the outstanding balance plus interest and penalties either before the foreclosure process gets underway or, in some areas, even after a foreclosure auction.
When a person takes out a mortgage to purchase a property, the house itself acts as security for the loan. In other words, if a homeowner misses a payment, they lose possession of the house. Many mortgage notes contain a clause referred to as the right of foreclosure that explains a lender's power to foreclose on a property and specifies the circumstances in which the lender may do so.
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As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.
<h3>What is a target market?</h3>
A target market is a group of customers which could be in the same area that have interest in a particular product.
They are usually identified as the most likely buyers of a product or service.
Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.
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Answer:
Japan
Explanation:
Data provided in the question
Japan Nominal interest rate = 2.0%
U. S Nominal interest rate = 4.0%
Japan inflation rate = 0.50%
U.S inflation rate = 3.0%
Now the formula to compute the real interest rate is
Real interest rate = Nominal interest rate - inflation rate
For Japan, it is
= 2% - 0.50%
= 1.50%
For U.S, it is
= 4.0% - 3.0%
= 1.0%
So as we can see that highest rate interest rate is 1.50% i.e of Japan
Answer:
Both have tender options.
Explanation:
Variable rate demand obligation and Auction rate securities both are long term bonds which have interest rate that reset weekly or monthly. This advantages the issuer with lower short term rates despite of long term security. Both of these securities are subject to credit risk of the issuer and they are marketed by broker dealers.
The value of the item. ♀️
