Answer:
True
Explanation:
Home equity loan is a kind of loan in which a person borrows against the equity of his or her home, i.e the home is used as a collateral. The loan that can be gotten by the individual is dependent on the value of the home or residence and this value can only be determined by an appraiser from the institution providing the loan. In instances when the borrower is unable to repay the loan, the lending institution can foreclose on the home which has been used a collateral.
Home equity loan can be used to finance expenses like education bills, medical bills and so on.
Therefore, Veronica took a home equity loan to help finance her children's education.
Answer and Explanation:
The classifications are as follows
1. Product cost and the manufacturing overhead
2. Period cost
3. Product cost and direct labor
4. Period cost
5. Product cost and the manufacturing overhead
6. Product cost and the manufacturing overhead
7. Product cost and direct material
8. Period cost
9. Product cost and direct material
10. Product cost and direct material
11. Period cost
12. Product cost and the manufacturing overhead
13. Product cost and the manufacturing overhead
14. Product cost and direct labor
<span>The Fair Debt Collection Practices Act</span>
Answer:
A tax cut does not cause workers to work significantly more hours. C).
D) by spreading investment capital over many investments, is how a diversified investment portfolio reduce investors’ risk of losing money!
