You have just obtained a mortgage to purchase your home. The ________ that you paid to obtain the loan are charges that must be paid at the time of the sale and serve to raise the effective cost of the loan
A) points
B) closing fees
C) escrow fees
D) security fees
E) none of the above
Answer: A
Business
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When a policy continues because of a payor benefit clause, it means
A. The insurer pays monthly disability income to the premium payor. B. The insured is only covered to age 18, then the policy expires. C. The owner of the policy is disabled or has died. D. At age 21 or 25, the death benefit is reduced by up to 50%.
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India's economy is primarily focused on ________
A) services B) technology C) manufacturing D) agriculture
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