Which of the Following Would Increase the Speed of Equity

question 62

Multiple Choice

Which of the following would increase the speed of equity growth for a homebuyer?

• A)making a down payment of 10 percent instead of 20 percent
• B)obtaining a mortgage interest rate of 7 percent instead of 8 percent
• C)obtaining a 25-year mortgage instead of a 20-year mortgage
• D)making larger deposits to the escrow account
• E)making smaller deposit to the escrow account

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Definitions:

Best Defence

The most effective legal argument or strategy used to achieve a favorable outcome in a legal case.

Innuendo

A statement or remark that indirectly suggests something derogatory, but does so without stating it directly.

False Rumour

An unfounded or untrue piece of information spread among people, which can potentially cause harm or misunderstanding without being based on facts.

Fair Comment

A legal defense in defamation cases, protecting statements made as opinion rather than fact, provided they are not malicious and are on a matter of public interest.