Tomas wants to get a mortgage for a house. If the mortgage is for $100,000 with 3% interest for 20 years this is an example of which type of mortgage?

A. Secured
B. Unsecured
C. Fixed Rate
D. ARM

Answer: C. Fixed Rate

Business

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Who speaks first? Who takes notes? Who is creative, who is visual, and who is detail-oriented? These aspects are identified during the _____ stage of group development.

a. forming b. storming c. performing d. norming e. adjourning

Business

Capital Projects, Inc, files a financing statement to provide no-tice of its security interest in the property of Data Network Corporation. The initial effective term of a financing statement is a period of A) five days

B) five months. C) five weeks. D) five years.

Business