On Realtor

question 63

Multiple Choice

On Realtor.com,homebuyers enter information regarding their preferred home location,price,and features.Using an ________,the Web site will automatically display real estate properties that match the homebuyer's criteria.

• A)executive information system
• B)encryption
• C)application service provider
• D)expert system

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Definitions:

Trade Discount

A reduction in the listed price of a product or service offered by sellers to buyers in the business-to-business sales.

Break-Even Default Rate

The rate at which the losses from defaulted loans equal the income generated from interest payments in a lending portfolio.

Net 30 Credit Policy

A common credit term indicating that payment is due in full 30 days after the goods are dispatched or a service is completed.

Monthly Interest Rate

The rate of interest applied to a loan or earned from an investment throughout a one-month timeline.