In the field of real estate, the term "equity" means:

a. the amount of the down payment
b. the difference between the sales price and loan amount
c. interest in property over and above existing liens
d. all of the above

Answer: d. all of the above

Business

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In recent years, Boulwarism has at least partially influenced collective bargaining in professional baseball

Indicate whether the statement is true or false

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For firms that do NOT want to take a proactive stance with respect to social responsibility, the next most responsible position in the eyes of proponents of social responsibility would be a(n) ____ stance

A) reactive B) obstructionist C) proactive D) accommodative E) defensive

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