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allochka39001 [22]
2 years ago
13

A loan with an initial fixed interest rate that then becomes variable?

Law
1 answer:
nikdorinn [45]2 years ago
4 0
A variable interest rate loan is a loan where the interest charged on the outstanding balance fluctuates based on an underlying benchmark or index that periodically changes. ... However, when interest rates rise, borrowers who hold a variable rate loan will find the amount due on their loan payments also increases.
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RaeAnn and Rick Telford purchased an existing home in a neighborhood of multi-million-dollar homes. After moving in, the Telford
Viefleur [7K]

Answer:

b. have a remedy of damages or rescission if this information was withheld from them

Explanation:

In business law, one of the main grounds of rescission are: misrepresentation (whether fraudulent, negligent or innocent), non-disclosure in relation to contracts of insurance, and

undue influence, duress and unconscionability.

In this case, RaeAnn and Rick have a remedy of damages or rescission if this information was withheld from them

3 0
3 years ago
When the u. S. Congress passes federal statutes, states are not obligated to follow them. True or false?.
GrogVix [38]

This statement is <u>false</u>. Acts, usually referred to as statutes in U.S., are laws adopted by a legislature. Once the legislature passed a federal statute, all states must implement and obey them.

The laws passed by U.S. Congress—typically with the President's assent—known as federal statutes have three forms to disseminate:

  • First release as a slip law or paginated pamphlets

  • Arranged according to law number

  • Inclusion of a codification in the US Code or earlier versions

All states are obligated to follow these forms. Federal slip laws, session laws, and codified laws must also be accessible to U.S. people through print and electronic means.

Learn more about a state constitutional provision that has conflicts with a federal statute: brainly.com/question/13476156

#SPJ4

5 0
2 years ago
What is the level of punishment for criminal attempt?
dezoksy [38]

Answer:

An attempt is generally punished as one-half the sentence of the completed crime.

6 0
3 years ago
An example of japanese imperial rule that was evident when it placed restrictions on korean rights was that
cestrela7 [59]

Answer: The Japanese Imperial rule took control of newspapers and human's right to free speech.

Explanation:

An example of Japanese imperial rule that was evident when it placed restricitons on Korean rights was that it assumed control of the newspapers in the country and disallowed the basic human right to free speech.

Additionally, it also forcefully suppressed the Korean nationalist groups.

5 0
3 years ago
A crowbar is found at a crime scene. The crowbar has the potential to contain the suspect's fingerprints and/or DNA on the handl
Basile [38]
B,c, and D i believe


7 0
3 years ago
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