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olya-2409 [2.1K]
2 years ago
10

Kristen's current credit score does not qualify her for a conforming conventional loan, but she is eager to purchase a house. Wh

ich lender practice would be the most likely indication of predatory lending? charging points to get a lower interest rate bundling unneeded life insurance premiums into the mortgage requiring a 20% down payment charging a one-point loan origination fee
Business
1 answer:
Over [174]2 years ago
3 0

A lender practice that would be an indication of predatory lending would be bundling unneeded life insurance premiums into the mortgage.

<h3>What is predatory lending?</h3>

This is a practice by some lenders where they loan money to people with low credit worthiness with the intention of making back a lot of money from charging those people outrageous interest rates.

When life insurance premiums that are unnecessary are added to the mortgage, it is done to increase the amount that Kristen will pay back. This is therefore predatory lending.

In conclusion, option B is correct.

Find out more on predatory lending at brainly.com/question/1821936.

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Once a firm has gained insights from doing qualitative research, it is likely to engage in ______ research, which are structured
Allushta [10]

Answer:

Quantitative

Explanation:

The reason is that a good research report includes qualitative and quantitative research. Qualitative research is non numerical data and it give information which helps in meaning making whereas the quantitative research is a research in which the researcher tries to find the numerical relation using quantifiable data, which is investigated through number of means which includes use of mathematics, principles, etc techniques to extract data. So the qualitative research is done here and the only thing the company requires is quantitative data.

3 0
3 years ago
Economics is mainly concerned with the study of
krek1111 [17]
Economics is mainly concerned with the study of scarcity. It is a branch of knowledge concern with the production , consumption and transfer of wealth.
6 0
3 years ago
WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for t
k0ka [10]

Answer:

<em>Product X and Z should be processed further because the additional sales revenue is greater that further processing cost which leads to a profit. </em>

<em>Product Y should not be processed further because doing so would lead to a loss</em>

Explanation:

WP Corporation should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  

Also note that all cost incurred up to the split-off point (i.e $92,000) are irrelevant to the decision to process further .  

                                                                  X          Y             Z

Sales value at split of point                     23        24           25

Sales value after split off point              <u>  27</u>     <u>  27  </u>           <u>32</u>

Additional sales value                               4         3              7

Further processing cost                           <u>( 2)</u>      <u>( 4 ) </u>          <u>( 4)</u>

Net income?(loss)                                     2          (1 )             3

Product X and Z should be processed further because the additional sales revenue is greater that further processing cost, which leads to a profit.

Product Y should not be processed further because doing so would lead to a loss

5 0
3 years ago
Assume a pencil manufacturer is employing resources C and D in such quantities that the MRPs of the last units hired are $80 and
zhenek [66]

Answer:

This firm should hire less of C and more of D

Explanation:

Based on the information given we were told that the price of resource C is the amount of $90 while the price of resource D is the amount of $35 ,Therefore based on this it will be advisable for the firm to hire less of C and More of D because the price of resource is C is more higher than the price of resource D when compared, which means that the price of resource D is the best option or alternative for the firm to go for.

4 0
3 years ago
Write the following In Words 689·104​
loris [4]
Six hundred eighty nine (689)

One hundred four (104)
5 0
2 years ago
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