Defaulting - Study guides, Class notes & Summaries

Law of Contracts Exam 2 Default of contracts & types of damages - ANSWER-BUYER DEFAULT: In the event of default by the buyer, the seller may have several options Liquidated damages Monetary damages Specific performance Punitive and compensatory damages must be pursued in court. Punitive damages punish the defaulting party, and compensatory damages are set to cover the actual injury or economic loss. SELLER DEFAULT: In the event of default by the seller, the buyer becomes the injured pa...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

CMT Level 3 Exam ( Update) The Integration of Technical Analysis | Questions and Verified Answers| Grade A| 100% Correct Q: Select which of the following responses might be most appropriate for your fund. Answer: a. Reduce exposure to small cap stocks. Bc economy is contracting. Q: Explain one reason why weakness in copper and a changing yield curve would cause you to consider changing your exposure in some way. Answer: A weakness in copper and a changing yield curve are ...

UGBA 196 REVIEW EXAM STUDY QUESTIONS 2024. 1 out of every 6 - correct answer Americans receive a Social Security check each month introductory rate - correct answer no rate increase for first 12 months of opening a new card, unless intro rate has ended interest rate change - correct answer must be notified 45 days in advance defaulting on credit card - correct answer if you are more than 60 days late in paying minimum, interest goes to default rate of 28-35% for an account in good s...

Real estate has been estimated to represent approximately - one-half of the world's total economic wealth. The buyer's ability to finance the property is an important, if not the -------, contingency in most residential transactions, and a significant driver in the entire real estate-based economy. - primary Texas is a: a. Lien Theory b. Title Theory - a. Lien Theory Lien Theory - In lien theory states such as Texas, the security for a mortgage is a lien placed on the property, which ...

National Real Estate Exam Practice Questions and Answers with Verified Solutions A property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of... improvements A property owner has a waterfront lot on a stream. He has the right to use the water from the stream. What is this right called? riparian A tenant is aware that his lease will expire at the end of the month. He has begun...

AFSB 151 Final Exam Questions & Answers 100% CorrectAFSB 151 Final Exam Questions & Answers 100% CorrectAFSB 151 Final Exam Questions & Answers 100% CorrectAFSB 151 Final Exam Questions & Answers 100% Correct A surety bond is a written document in which one party guarantees a second party's - ANSWERPerformance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the...

NetSuite Administrative Fundamentals Questions and answers 100% with 100% Complete Solutions | verified &updated 2024 SuiteCloud - provides ways to add customized elements and functionality to NetSuite account SuiteScript - Automates and creates web pages, runs batch updates to your data, and works with SuiteFlow SuiteBundler - Used to package and deploy customizations, and works with SuiteApps or Bundles SuiteTalk - Communicates with NetSuite via Web Services SuiteBuilder - Allows users to...

ECN 211 Exam 3 – Marburger Exam | Questions and Correct Answers | Latest Update 2024/2025 Financial Markets - Answer -People save money that they don't intend to spend anytime soon Businesses need money to finance capital investment The purpose of financial markets is to match up savings with investment Banks are the primary financial institutions that seek to match up savings with investment Capital Investments - Answer -Capital investment allows a country to produce more goods ...

A surety bond is a written document in which one party guarantees a second party's - correct answer Performance to a third party for the second party's failure to fulfill an obligation. Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? - correct answer Multiline property-casualty insurers Sureties use what written document to authorize a producer to act as the surety's agent in bond production? - correct answer A powe...