Banks generally prefer foreclosure to rescheduling payments on the home mortgage

Gene and Margaret borrowed $297,000, payable interest only, for five years. At the maturity of the loan, the full amount borrowed is due. This is known as a/an:

a. straight note b. partially amortized note c. amortized note d. fixed interest note

In recent years, marketers have increased the use of free standing inserts (FSI) for the distribution of samples

Indicate whether the statement is true or false