Tran Currently Makes $4,500 Per Month in Gross Income

question 178

Multiple Choice

Tran currently makes $4,500 per month in gross income.He has a student loan payment of $250 per month and a car loan of $450 per month.His credit card payments average $300 per month.What is the largest PITI he could qualify for with a reputable lender?

• A)$620
• B)$900
• C)$1,260
• D)$1,620

Grasp the impact of Japanese art on Western artists.

Understand the role of folk art in modern Japan.

Identify traditional Japanese art terms and mediums.

Understand the reasons behind the failure of small businesses and strategies for prevention.

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Definitions:

Indorses

To sign one's name on a document, especially on the back of a check or negotiable instrument, to make it payable to someone other than the stated payee or to accept responsibility.

Discharged From Liability

The release of a debtor from the obligation to repay a debt, usually following a legal process such as bankruptcy proceedings.

Dishonor

Failure to fulfill an obligation, especially the non-payment of a check or negotiable instrument when it is presented for payment.

Warranties

Legally binding promises made by a manufacturer or seller that a product or service meets certain quality and reliability standards or that certain repair or replacement conditions will be met.