A "periodic rate cap"
A)
reflects current credit conditions in the home loan market and is set by the Home Loan Board.
B)
reflects current credit conditions in the home loan market and is set according to the National Contract Rate.
C)
limits interest rate changes on a home mortgage during any one adjustment period.
D)
is set by the lender on all fixed-rate mortgages.
C
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Sean has a six-year-old car that he bought two years ago directly from its original owner. Eight
months ago he received a recall notice about a safety problem with the brakes. He never responded to the notice. Yesterday Sean was driving when the brakes failed and caused him to strike and injure a pedestrian. Which of the following is true in lawsuits against the car's manufacturer? A) The pedestrian cannot recover because the correction of a defect defense will apply even though Sean did not take the car in for the repair. B) Sean can recover despite having received the recall notice. C) The pedestrian could not recover due to assumption of the risk. D) The pedestrian cannot recover due to the fact that the pedestrian was not using the car.
A(n) ________ system is an integrated information system that supports all the functions of the enterprise in real-time
A) Silo B) ERP C) Decentralized D) Management E) none of the above