When selling a home, which of the following costs will you incur?
A) Loan origination fee
B) Real estate agent's commission
C) Title search and insurance
D) Points
Answer: B
Business
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Simpson Conglomerates borrows $12,000 for a short-term purpose. The loan will be repaid after
120 days, with Simpson paying a total of $12,400. What is the approximate cost of credit using the APY, or annual percentage yield, calculation? A) 10.34% B) 12.46% C) 12.25% D) 4.33%
Business
Sinead had a tree on her property that blocked Marlon's view of the meadow across the street from his house
Marlon got more and more annoyed by the tree's presence until the day he cut down the tree when Sinead was at work. Sinead is able to sue Marlon for intentional tort. Indicate whether the statement is true or false.
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