For a loan secured by a first lien, a lender is required to give the RESPA Special Information Booklet to a prospective borrower in which of the following cases?
a. A room addition
b. A construction loan
c. A residential structure with 1 -4 units
d. A speculative loan
Answer: c. A residential structure with 1 -4 units
Business
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Average completion time for a schedule sequence at a work center is the ratio of:
A) total processing time to the number of jobs. B) total flow time to total processing time. C) total flow time to the number of jobs. D) total processing time plus total late time to the number of jobs. E) total flow time plus total late time to the number of jobs.
Business
What should be the result of the functional requirements process? How is this used in the selection of an ERP vendor?
What will be an ideal response?
Business