Jackie is considering obtaining a mortgage of $333,000. A lower APR is available, but she must pay 1.75 points to buy the rate down. How much must Jackie pay in dollars?

A) $1,357
B) $3,300
C) $5,828
D) $8,333

Answer: C

Business

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A tenant leased space in the commercial building and attached shelves to the walls to display his products. The lease was about to expire and he decided to move to another building and wanted to take the shelving with him. Which of the following is true regarding this situation?

A. The shelves are attached to the property, therefore, they are fixtures and must stay with property. B. The shelves are trade fixtures and can be removed ad long as it is done before expiration of the lease and the tenant is responsible for any damages caused by their removal. C. The shelves are fixtures and must be removed by the tenant before expiration of the lease. D. The shelves are trade fixtures and must remain with the building.

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According to the BrandAsset® Valuator model, which of the components of brand equity measures how aware and familiar consumers are with the brand?

A) esteem B) energized differentiation C) relevance D) knowledge E) presence

Business