1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stels [109]
3 years ago
11

Janet is considering the purchase of a condo for $150,000, partly financed by a mortgage. She is due to retire in a few years. I

f she cannot make her mortgage payments on time, she is bound to suffer a _________.
A) negative equity on her property
B) reduced residual value of the property
C) higher rent ratio
D) foreclosure of her house
Business
2 answers:
andrew11 [14]3 years ago
5 0

Answer:

The best answer is"D"

foreclosure of her house

Explanation:

Foreclosure is a lawful procedure in which a bank endeavors to recover a credit from a borrower who has quit making installments to the moneylender by forcing the sale of the whatever was used as the collateral for the loan.

yarga [219]3 years ago
4 0

Answer:

D) foreclosure of her house

Explanation:

A foreclosure is a judicial procedure by which a property is repossessed by a lender from a borrower that is not able to pay his/her monthly payments. In order for a foreclosure to take place, the house or condo must have been used as collateral to a mortgage, so when the borrower fails with payments, the property is foreclosed.

You might be interested in
"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night is what type of consideration?"
zimovet [89]
Statement: <span>"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night

</span>The type of consideration: <span>A benefit to the promisor

Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.</span>
6 0
3 years ago
Ram said to me "Dont stand up" .(into indirect speech)​
kupik [55]

ram.asked me not to stand

4 0
2 years ago
Read 2 more answers
You purchase both potatoes and gasoline regularly. Your income decreases, and you purchase less gasoline. This means that: Gasol
KIM [24]

Answer:

Gasoline is a normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

Because the demand for gasoline falls when income falls, gasoline is a normal good.

I hope my answer helps you

7 0
3 years ago
Greenwood Motels has filed a petition for bankruptcy but hopes to continue its operations both during and after the bankruptcy p
xxMikexx [17]

Answer:

The correct answer is letter "E": Reorganization.

Explanation:

A company reorganization takes place in front of the need for changing operating activities that are not bringing any profit to the organization or whose profit is minimal that it would be convenient to stop those processes. In some cases, reorganizations take place even when the firm has filed for bankruptcy.  

Under those circumstances, the objective of the entity is to be forgiven for not meeting its payment obligations for a certain period while restructuring its operations to keep the business up and running.

5 0
3 years ago
The fisher effect predicts that an increase in expected inflation will lower the interest rate on bonds. true false
mario62 [17]
False. Interest rates rise as the expected inflation also increases. 
8 0
3 years ago
Other questions:
  • Aztec Corp. is a manufacturer of truck trailers. On April 1, 2020, Aztec Corp. leases ten trailers to Wildcat Company under a si
    5·1 answer
  • One of the most talented managers to ever work at ABC Inc. is Amy Holmes. Combining graciousness intelligence and creativity. Am
    11·1 answer
  • Identical products, as well as a large number of buyers and sellers, are characteristics of a ____________ market. In such marke
    5·1 answer
  • Milton Friedman argues that __________.
    13·1 answer
  • 3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in invento
    13·1 answer
  • Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
    11·1 answer
  • On November 1, 2021, Horton Company purchased Lopez, Inc., 10-year, 9%, bonds with a face value of $800,000, for $720,000. An ad
    6·1 answer
  • he 2021 income statement of Adrian Express reports sales of $16,281,000, cost of goods sold of $9,851,500, and net income of $1,
    5·1 answer
  • On Dec 1, 2019 ABC purchases a piece of equipment with a total cost of $[YOUR NUMBER] * 1000. The equipment is expected to have
    12·1 answer
  • You get an offer for a credit card that charges 13.99% interest APR, compounded monthly. What effective annual interest rate doe
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!