Which of the Following Is a FALSE Statement in Regard

question 4

Multiple Choice

Which of the following is a FALSE statement in regard to refinancing a home loan?

• A) Lenders are free to set their own requirements for refinancing a loan
• B) Income tax laws may affect the savings in refinancing
• C) A 2 percent reduction in interest rate is a profitable refinancing in every case
• D) A major problem is the appraised value of the property may be less than the balance due on the existing mortgage loan

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Definitions:

Oxygenation

The process of providing, supplying, or enriching with oxygen.

Lung Volumes

Measurements that reflect the different capacities of air the lungs can hold, important in assessing respiratory health.

Capacities

The maximum amount something can contain or the ability to perform, function, or understand.

Oral Airway

A medical device used to keep the airway open by preventing the tongue from covering the epiglottis, often used in emergency situations or anesthesia.