Put the following six steps in order for a financial plan:
(a) identify and evaluate plans that could achieve your goals
(b) consider current financial position
(c) revise the plan
(d) establish financial goals
(e) evaluate the plan
(f) select and implement the best plan
What will be an ideal response?
Answer: (d), (b), (a), (f), (e), (c)
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Johnson helped dig a sewage ditch for property owner Smith on February 21 and 22. On March 9, a mortgage was recorded against the property. On March 11, still unpaid, Johnson filed a mechanic's lien of record. Which of the following is true?
a. The banks mortgage lien was recorded first and has priority over the mechanic's lien b. Mortgage liens always have priority over all types of liens except for property tax liens c. The mechanic's second lien status precludes a foreclosure action by Johnson d. The mechanic's lien has priority over the mortgage lien
When negotiating internationally your strategy and the way in which you implement it will likely vary based on what you know about the practices and customs of the other party
Indicate whether the statement is true or false