The given example suggests that natural concepts have fuzzy boundaries, and cats and dogs are prototypes of the category.
<h3><u>Explanation: </u></h3>
That although normal animals have no concrete boundaries on their definitions of mammals, cats and dogs are the basic examples and hence easy to remember. As seen through this example, mammals are really difficult to identify on the basis of external features. Not only mammals, but most natural concepts are a little fuzzy when it comes to defining concrete boundaries. There is no single feature that is easy to identify by looking at the animal that serves as a final and binding decision on the type of mammal, whereas the concepts are something more complex.
Cats and dogs though, are taught us to be mammals from whenever we started leaning about mammals. Thus, this explains how prototypes are easy to identify whereas basing on the natural concepts, it might be difficult to identify an animal.
Answer:
A. The person has to make payments in full and on time.
Answer:
Capitalism is probably the answer
Explanation:
Answer:
Holding a lottery to give away Cherokee land
Explanation:
The correct answer would be, (fixed-rate) level-payment mortgage (LPM).
Mortgage originators often offer many types and forms of available residential loans as part of their mortgage menu. However, the predominant form of prime conventional mortgage remains the (fixed-rate) level-payment mortgage (LPM).
Explanation:
There are many types of mortgage loans offered to people by the originators. These are:
- Interest only mortgage
- Adjustable rate mortgage
- FHA loans
- VA loans
- Combo loans
- Jumbo loans, etc.
All of the mortgage loans are types and forms of mortgages, but the conventional type of mortgage is still the Fixed rate mortgage which is called as the Level Payment Mortgage, in which the interest rate paid will remain fixed till the end of the mortgage period.
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