The Housing Affordability index is based on the

A)

ability of the median income family to purchase the median priced home.
B)

ratio of low income housing to all housing.
C)

the cost of financing as a percentage of total mortgage payments.
D)

the average length of a home mortgage.

A

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OXO's mission is "to create innovative consumer products that make everyday living easier." Is this a market-oriented mission statement?

A. Yes B. No

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A seller may keep the buyers earnest money as liquidated damage if

A) that is stated in the listing agreement as a remedy for the seller B) The seller and the broker agree that the buyer defaulted in the contract calls for specific performance C) The buyer defaults and the purchase agreement stipulates liquidated damages as a remedy D) The seller fail to perform an essential element of the contract

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