A buyer purchases a new home with a low down payment and a long term of repayment. This would most likely cause:
a. an increase in financing cost
b. a decrease in financing cost
c. no effect on the financing cost
d. an acceleration of the amortization of the loan
Answer: a. an increase in financing cost
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The Green Awning is a flower and gift store. When its owner purchases the green foam used in the bottom of vases of cut flowers, floral tape used in flower arrangements, and gift cards, she is most likely making a ________
A) straight rebuy B) complex-task purchase C) modified rebuy D) new-task buy E) gatekeeping buy
Smith Industries has set a goal of recruiting minority applicants. Which of the following methods is LEAST likely to be successful for Smith Industries?
A) offering flexible work schedules B) providing flexible benefits plans C) utilizing executive recruiters D) collaborating with professional organizations