All of the following are true of a home equity loan except it
A) provides you with a line of credit or a lump sum of money, depending on the type of loan.
B) is a good way to combine different kinds of debt.
C) may be tax deductible.
D) allows you to borrow up to 20% of the market value of your home.
Answer: D
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All of the following are limitations on ownership of property, except:
a. zoning b. police powers c. building codes d. seisin
Which of the following is true regarding doing business in Germany?
A) Germany has been described as a "high context" culture. B) Dinner is the most common meal for business meetings. C) Flashy brochures have more impact than statistic-filled ones. D) There is a strong emphasis on punctuality in Germany. E) Non-verbal communication is more important than the words used to communicate.