The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.
<h3>What is the wraparound mortgage loan?</h3>
This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.
This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.
Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.
Read more on the wraparound mortgage loan here:
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Answer:
I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.
Answer:
Option A
Explanation:
In simple words, Valence is individuals mental attitude towards result in second order. In this situation, the consequence of the first requirement is title earning and the consequence of that same second order is really the monetary support the competitors receive from either the USOC. Motivational Force (MF) = Survival rate * Instrumentality * Valence as according to Vroom's expectation principle.
The knowledge that employees can typically learn only through experience is called Tacit knowledge. Unlike Explicit knowledge, Tacit knowledge is not easily communicated Often very difficult to explain how/why you have this knowledge.Explicit knowledge is relatively easily communicated knowledge; the kind of information you are likely to think about when you picture someone sitting down at a desk to learn.
The answer to this question is Budget Deficit. Budget Deficit
shows that the government spending is exceeding the government revenue in a
year. In order to resolve the problem in budget deficit the government should
cut the expenditures or the government spending and find a way to increase
revenue of the country.
