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>
Answer:Uncle Burt is a laggard in the diffusion of innovation process for telephones.
Explanation:
Laggard refers to a person who is slow to adjust to progress and usual get left behind as people adjust to new and current innovations.
Diffusion innovation refers to how ideas or products receive great momentum and spread out throughout a particular population. People begin to adopt these new ideas or products and move away from using the old ones.
For example the use of smart phones has spread out throughout reaching most population and the older version of phones are littles by little disappearing as people adopt this new innovation.
Uncle was still renting a rotary-dial telephone which is an oldest version of telecommunications , he has adopted the new phones that are currently used by most people so Uncle Burt is left behind in using the old product and this makes him a laggard.
Answer:
The American-Indian Wars were a centuries-long series of battles, ... the Native Americans (or Indians) who had thrived on the land for thousands of years. ... The fierce fighting started over territory and fur trade dominance ... Although they had already begun peace negotiations with the U.S. government.
