Which of the Following Is an Instance of a Mortgage

question 29

Multiple Choice

Which of the following is an instance of a mortgage?

• A) Richard pays Ellen $1000 a month to live in her apartment.
• B) Richard pays Ellen $12,000 a year to live in her apartment.
• C) Richard gives his country estate as collateral to a bank from where he has borrowed money to buy an apartment.
• D) Richard has been living in an apartment for thirty years and upon his death, the apartment will be transferred to somebody else.

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Definitions:

Industry Life Cycle

A sequence of stages from introduction, growth, and maturity to decline that industries typically go through, affecting companies’ strategies and performances.

Dividend Payout Rates

The proportion of a company's earnings paid out to shareholders in the form of dividends, usually expressed as a percentage.

R&D Spending

The amount of money that a company allocates towards research and development to innovate or improve its products or services.

Money Supply

The total amount of monetary assets available within an economy at a specific time.