Because the market value of homes may decline, lenders do not like to lend the full amount of the equity when extending a home equity loan

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Unless properly disclaimed, a warranty is implied that sold or leased goods are fit for the ordinary purpose for which they are sold or leased, as well as other assurances, known as the implied warranty of ________

A) volatility B) cause of action C) assertion D) merchantability

Business

An arraignment is necessary before an indictment can be issued

Indicate whether the statement is true or false

Business