Mello Roos bond are used to fund a wide variety of new public improvements and services. All of the following would be funded by Mello Roos, except:
a. schools
b. parks
c. a commercial strip mall
d. police services
Answer: c. a commercial strip mall
Business
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The Jensens have a stable monthly income of $5,000 and they're applying for a 90% conventional loan. Their monthly housing expenses probably should not exceed:
A. $1,300 B. $1,400 C. $1,800 D. $1,900
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Charging manufacturers for shelf space for their new products is an example of a retailer's channel power
Indicate whether the statement is true or false
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