Answer: All of the following statements are true regarding a short sale <u>except:</u>
- Legal costs should be lower with a short sale than with foreclosure.
Explanation:
A short sale is when an owner <u>sells his house for less money than he owes </u>in the payment of the property. The homeowner negotiates a discounted payment with his mortgage company without having to arrive with cash to cover the deficit. At the end of a short sale, the mortgage and property liens will be considered satisfied and any foreclosure process will be stopped.
Foreclosures are made by people who really do not have the money and cannot settle small fees. Although this will give you more credit deductions, <u>you will save any fees charged.</u>
I believe the answer would be B. Some states don't collect income tax because every person in every state has to pay their taxes. Hope I helped!
Phinney states that Separation is the most prevalent ethnic identification state among African American adolescents.
Ethnic Identity Status
According to Phinney, the four ethnic identity statuses of assimilation, marginality, separation, and biculturalism are the permutations of this process in which adolescents must reconcile the values of their ethnic group with the values of the majority culture. Ethnic identity is becoming more widely acknowledged as an essential part of the self-concept and, like other components of identity, plays a significant role particularly during adolescence. Despite widespread agreement that maintaining one's ethnic identity is essential for maintaining one's psychological well-being, there hasn't been much agreement on what ethnic identity is or how it should be measured.
Learn more about the ethnic identity:
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Answer:
Explanation:production possibilities curve PPC also called a production possibilities frontier a graphical model that represents all of the different combinations of two goods that can be produced the PPC captures scarcity of resources and opportunity costs.
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