An independent contractor performs services and the employer controls or directs only the result of the work

The value of the nicest home on the block will be reduced by the existence of inferior properties on the same block. This is known as the principle of:

a. regression. b. highest and best use. c. progression. d. substitution.

Carter needed $2,000 to buy a car. Broker Denton negotiated the loan for him. Carter gave the lender his note for $2,400 secured by a second deed of trust against his home. The note was payable $77 per month including 10% interest per annum over a three-year term. Carter signed a broker's loan statement showing that he would receive an estimated $1,980 from the completed transaction. The total principal amount which Carter must pay to the lender is:

A: $1,980; B: $2,200; C: $2,400; D: $2,772.