In order for earnings from a second or part-time job to be considered as part of a lender’s income evaluation, the applicant must have been employed for at least two years, and the employment must be expected to continue.
The basis for one's pleasure or dissatisfaction with their financial condition can be defined as income evaluation. Additionally, it might engender a sense of fairness or unfairness in how income is distributed, which might bring about societal change or stabilize the situation.
Investors can determine a property's market worth based on the income it is currently producing by using the income approach to appraisal. Investors can assess if a deal fits their aims and requirements by understanding the cash flow property can produce.
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In this sales case, the grantors tax will be based on the selling price.
<h3>What is a
grantors tax?</h3>
This refers to tax that is applied on the transfer on ownership such as on sales of property, house etc.
Here, the the grantors tax will be based on the selling price even though it is customary for the seller to pay the grantors tax.
Therefore, the selling price is correct.
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Answer:
B.
Explanation:
The Gramm-Leach Bliley Act (GLMA) is an act authorized by federal law of the United States. GLMA is also known as Financial Modernization Act of 1999 that describes how personal information of customers is protected or shared.
This act set guidelines for financial institutions to share to it's customers how their private or sensitive information is shared, from what informations a customer can 'opt-out' to share, and, how they protect the customer's confidential information.
<u>Thus from the given options, the thing that GLBA does not require financial institutions to do is to provide customers information on how their internal security policy works</u>.
Therefore, the correct answer is option B.