________ is a financial term for "free money," that is, the opportunity to make a profit without risk

FHA and VA loans differ from most conventional loans insofar as:

a. there are civil penalties for nonpayment of the loan b. there is a restraint on alienation of title c. they have no prepayment penalty d. the buyer must obtain a term life-insurance policy

Memos are ?exible and can be written to suit many different purposes

Indicate whether this statement is true or false.