7) Jim holds a commercial lease. LO: 6.2: How should a company choose the most attractive target markets? a) Executory b) Lateral c) Executed d) Open Option, 2) A patron at a restaurant is agreeing to a(n). They do not try to get a loan, and when the deadline for loan approval draws near, they tell their agent they couldn't get a loan. a. Diff: 1 a) Preservation and Repair of Property b) Preservation and Maintenance of Property c) Property Order d) Borrower's Duties. B. D) global segmentation a. relates to the longevity of the relationship between a buyer and seller a) Receipt b) Buyer's Statement c) Purchase Offer d) An Agreement. c) The escrow agent will subtract the seller_s total debits from the total credits and arrive at what the seller will receive at closing. No temporary differences existed at the beginning of the year, and the tax rate is 40%. a) Draw Loan b) Banked Loan c) Bridge Loan d) Straight Loan. 1 Which of the following statements about marketing is true? d) provide a fixed interest rate for the life of the loan. These would be examples of what is called ________. LO: 6.2: How should a company choose the most attractive target markets? Anti-trust laws apply to activities between firms and their interaction. It is true, that the United States Housing Market can be "unpredictable, volatile and cyclical." I believe it is crucial to familiarize ourselves with the pa. Subprime Mortgage Crisis The Federal Reserve worried that low interest rates encouraged risky borrowers to own a home; therefore, interest rates rose from "1 percent to 5.25 percent". b) pay the real estate taxes. #2. b. technical a) Proceeds from tax exempt mortgage revenue bonds b) Private investors c) HUD funding d) Proceeds from state sales taxes. b) are less flexible than government-backed loans . What action has Fred taken? 5) Which aspect of a contract deals with when a tenant takes possession of the property? Diff: 2 2) Which mortgage clause requires the borrower to maintain the physical condition of the property? c) a promise note. C) rigid market a) require lower down payments than government-backed loans require. The buyer's agent has the same disclosure obligation, however, in this question because the defect was hidden it does not appear to be an item for which the selling broker (buyer's agent) had liability. a) They are always a credit to the seller and a debit to the buyer. b) The buyer brings a blank check and finds out the final amount at the closing meeting. d) A sublease conveys the entire leasehold interest. E) niche, Answer: C C) guerrilla 12) Seller James has taken back $20,000 as a second mortgage so Buyer Karl can qualify to buy the property. What approach can their agent take to change the sellers perception of the offer? d) subject to review by a panel of peers. 5) Which statement is true about accepting referral fees? c. Transactional customers display less loyalty to a particular supplier and can easily switch part or all of their purchases from one vendor to another. Diff: 2 Brainscape helps you realize your greatest personal and professional ambitions through strong habits and hyper-efficient studying. a) Mortgage Company b) Local HUD Office c) Savings and Loan Association d) Commercial Bank. d) He has given notice of vacating. c. Total cost of ownership a) Gross b) Periodic c) Net d) Graduated. b) the gross national product. b) All the parties must initial the changes. b) for a buyer who plans to own the property for a long time. Projected profit margins. b) a class 3 felony. Explain. 3) What do we call the right to reclaim a property that has been foreclosed by paying off amounts owed to creditors, including interest and costs? a. 3) Which statement best defines the concept of "quiet enjoyment? Transactional exchange features very close: On-going transactions in the business market where the customer and the supplier focus only on the timely exchange of standard products at competitive prices could be described as: There is a gravitational pull that moves buyers toward the transactional side of the exchange spectrum because: _____ reflect(s) the degree to which the systems, procedures, and routines of the buying and selling firms have been connected to facilitate operations.
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