George is analyzing the market for his bagel business. He saw an advertisement for a new bagel

shop that has just opened one mile from his bagel shop. For George's bagel business, this
represents a(n)

A) obligation.
B) weakness.
C) opportunity.
D) strength.
E) threat.

E

Business

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Which of the following statements about interest-only mortgages is not true?

A) Interest-only mortgages cannot be Qualified Mortgages under The Consumer Financial Protection Bureau's rules. B) Mortgage payments may increase abruptly. C) Interest-only mortgages allow the borrower to pay only interest for the life of the mortgage. D) Interest-only mortgages were popular before the financial crisis.

Business

Given that a binomial distribution models n independent replications each with a probability p of success, the variance of the distribution is ________

A) np B) np(n) C) np(1 - p) D) n(1 - p)

Business