The 28/36 rule says that as long as your total debt payments are under 36 percent of your gross income then you are not overextended

Indicate whether this statement is true or false.

Answer: TRUE

Business

You might also like to view...

In the above scenario, to avoid legal nuisance, Frasier decides to compromise with James. He asks James to fix a tap in the barn for $250, and modify the current contract to include the tap in the barn

James agrees to this, and does as asked while Frasier remakes the contract. Which of the following would this kind of settlement be referred to as? A) duress B) past consideration C) accord D) mirror image rule acceptance

Business

What are the two components of human resource planning?

A) demand and objectives B) strategy and requirements C) requirements and availability D) availability and objectives

Business