The ADA Applies To

question 42

Multiple Choice

The ADA applies to:

• A) Organizations with 15 or more employees.
• B) Organizations with fewer than 15 employees.
• C) All organizations regardless of the number of employees.
• D) Only organizations that are not incorporated.

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Definitions:

Effective Rate

The actual interest rate on an investment or loan, taking into account the compounding of interest, as opposed to the nominal rate.

Monthly Rate

The interest rate or any other rate measured over the period of one month, often expressed as a percentage per month.

Principal

The person (client) for whom a service is performed. Amount that is borrowed using credit.

Second Mortgage

A type of subordinate mortgage made while an original mortgage is still in effect, securing the collateral by the same property.