A balloon payment mortgage starts with higher payments, which decrease as the mortgage is paid off

Indicate whether the statement is true or false.

Answer: FALSE

Business

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A broker or salesperson who fails to give the statutory title notice to the buyer at or before closing

A) will have the license suspended without reinstatement for two years. B) must forfeit the entire commission on the subject transaction but in so doing is absolved of any other liability. C) may have the license suspended or revoked and cannot collect a commission on the subject sale. D) is required to show cause as to why such disclosure was not made.

Business

The target market and investment requirements are typically identified in the ________ section of a marketing plan

A) measurement and controls B) financial overview C) forecasting D) marketing situation E) marketing strategy

Business