the answer is collateral
B) Do you have a steady income and stable job?
C) Do you have a good credit report and credit score?
D) Do you have enough money saved for a down payment and closing costs?
Answer:
C
Explanation:
The payment of credit bills generates points. Each person in default has a negative score. For Mortgages, one of the first procedures is to verify the Credit report, to check for customers in default, and Credit Score to see how many points does the prospective client have. Having these pieces of information, the process of Mortgage loan may continue or not.
Answer:
e. rent control that is set below the equilibrium price.
Explanation:
The law binds, ties, it forces the market to make trnasaction on this price.
The owners of the houses and building for rent would rent at a higher price than the stablished by the goverment.
This control force them to ggive a lower rent than they think is the right one for granting the right of use of his property.
As the housing market demand is quite inelastic and people need a place to live they cannot respond to price increase with a lower house demand. At most, they can move to low-income zone when the rent is more affordable.
The government is doing this control with the idea of ensure the families well-being to don't pay exorbitant prices in the housing market
visit your bank
buy and sell goods
buy virtual ice cream
The correct answer would be option C, Buy and Sell goods.
E commerce is the use of internet to buy and sell goods.
Explanation:
In the current era, the E commerce websites has made it very easy for the customers to see and select the products that are available in the stocks, and directly order those products and get them delivered to their doorsteps.
This type of businesses make use of internet for online sales, or online shopping. There are certain businesses that have almost replaced all of their physical facilities by the online stores, but many are still there which not only have physical facilities but they also sell online.
When businesses directly sell through e commerce websites, the main benefit the companies enjoy is that they do not need a large number of employees to make their business work.
Learn more about Online Businesses at:
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