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Rashid [163]
3 years ago
10

Tom is a loan officer that persuades Jerry to sign up for an exotic mortgage that turns out to be very expensive for him and pro

bably not the best financial choice. This is an example of an action that:_____
Business
1 answer:
IgorLugansk [536]3 years ago
5 0

Answer: is legal but ethically questionable

Explanation:

Th information given in the question is an example of an action that is legal but ethically questionable.

This is because exotic mortgage will be profitable for the mortgage firm and the loan officer will benefit from these but on the other hand, Jerry did not make the best financial decision as he may feel the impact of the decision in a negative way. Even though what Tom did is legal, ethically, it is wrong.

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A buyer purchased a new residence for $175,000. The buyer made a down payment of $15,000 and obtained a $160,000 mortgage loan.
Naily [24]

Answer:

Buydown, is the right answer.

Explanation:

This is a buydown mortgage arrangement because in the buydown financing technique the buyer tries to take lower interest rates in the initial year of the loan period. Moreover, some mortgage lenders provide buydown discounts or points as part of their promotion. Secondly, the builder pays the initial payment to the mortgage institution that results in the lower buyer’s payment.

3 0
3 years ago
: what does the term "bonding" mean when it refers to employees?
RideAnS [48]
C because if u are bonding with empoyes means to be friends and do thangs together to hey to know each other
5 0
4 years ago
1. Choose a good that you are familiar with, such as a t-shirt, a tennis racket, a cupcake, a pair of sunglasses, or any other g
emmainna [20.7K]
The good that I chose is T-SHIRT. It is a staple in my wardrobe. It's comfortable to wear and have various styles, colors, and designs to choose from.

The form utility of the t-shirt is that it is a ready-to-wear product. You don't need to look for other items to complete it. 

The place utility of a t-shirt is that it is easily accessible to the buying public. Nowadays, you have the option to go to shopping malls, boutiques, and even online stores to buy t-shirts. 

The time utility of a t-shirt is that it is can easily be bought when needed. There is no waiting time for a shirt to be completed. Because of its various styles, designs, colors, and sizes, it can cater to everybody's needs at anytime. 

The possession utility of a t-shirt is that once it has already been paid for, customers immediately become its owner. You can immediately wear it after purchase without hassle. 

The information utility of a t-shirt is that because it is a staple in everybody's closet. From toddlers to adults, t-shirts are vastly available, accessible, and affordable. 

All economic utility of a t-shirt is good because it meets the needs and wants of the clients. 


3 0
4 years ago
Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced b
Vesna [10]

Temporary differences arise when there is a difference between the tax base and the carrying amount of assets and liabilities. Permanent differences are differences between the tax and financial reporting of revenue or expense items which will not be reversed in future.

<h3>What do you mean by temporary differences?</h3>

Temporary differences are defined as being differences between the carrying amount of an asset or liability in the statement of financial position and its tax base (ie the amount attributed to that asset or liability for tax purposes).

<h3>What causes a temporary difference?</h3>

Thus, when the tax bases are indexed for inflation, temporary differences arise as a result of the change in tax basis and those differences give rise to deferred taxes under ASC 740-10-25-20(g).

Learn more about temporary differences here:

<h3>brainly.com/question/24518361</h3><h3 /><h3>#SPJ4</h3>
3 0
2 years ago
Investment Center Net Income Average Assets Cameras and camcorders $ 6,900,000 $ 29,000,000 Phones and communications 1,548,000
Yanka [14]

Answer:

Residual Income = Net Income minus (target income)

Target income = rate of returns x operational Assets

A.

Cameras and camcorders investment centre

Residual income = 6,900,000 - (12% x 29,000,000)

= $3,420,000

B.

Phones and communications investment centre

Residual income = 1,548,000 - (12% x 12,900,000)

= $0

C.

Computers and accessories investment centre

Residual income = 800,000 - (12% x 16,600,000)

= -$1,192,000

5 0
3 years ago
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