A buyer would be protected from risk of loss due to a failed heating system through:
A. an agency disclosure statement
B. a home protection plan
C. mortgage insurance
D. title insurance
Answer: B. a home protection plan
A home protection plan is a short-term warranty that a home buyer may purchase at closing. The buyer will be reimbursed to expenses related to the failure of covered systems or appliances, usually only during the first few years of ownership.
Business
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$62,000 is borrowed, to be repaid in three equal, annual payments with 10% interest. Approximately how much principal is amortized with the first payment?
a. $24,931.12 b. $18,731.12 c. $6,200.00 d. $2,493.11
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One challenge to utilitarianism is due to alternative conceptions of ____.
a. the good b. freedom c. our ethos d. the divine e. belief
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