Which of the following appraisal methods is a competitive market analysis based on?
A. Sales comparison approach
B. Cost approach
C. Income approach
D. Land residual approach
Answer: A. Sales comparison approach
Business
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The __________ requires lenders to compile and submit their home loan origination data to their respective supervisory agencies.
a. Equal Credit Opportunity Act b. Home Mortgage Disclosure Act (HMDA) c. Home Affordable Modification Plan (HAMP) d. Federal Fair Housing Act (FFHA)
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Motivation determines what employees do at a given moment—the direction in which their efforts are channeled
Indicate whether this statement is true or false.
Business