When a borrower identifies a property to purchase and then customizes his income to meet the loan criteria, it is referred to as

A. creative financing.
B. a backward application.
C. equity scheming.
D. ninja qualifying

Answer: B. a backward application.

Business

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Franz Colruyt has achieved low-cost leadership through:

A) effective use of voice mail. B) plastic, not paper, shopping bags. C) background music that subtly encourages shoppers to buy more. D) converting factories, garages, and theaters into retail outlets. E) exclusive use of the Euro.

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"An optimal plan for minimizing the cost of allocating capacity to meet demand over several planning periods" best describes which of the following?

A) the linear decision rule B) simulation C) the management coefficients model D) the transportation method E) graphical methods

Business