Kansas company acquired a building valued at $210,000 for property tax purposes in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and selling for $15 per share. at what amount should the building be recorded by kansas company?
correct answer is option c - it has no impact because a fixed-rate mortgage cannot change.
economic downturn is the general slowdown in the economy over the period of time. during economic downturn, there is less demand for money and as a result there is fall in the price of credit. but in case of fixed rate mortgage the rate is always fixed irrespective of the economic scenario.
so, economic downturn has no impact on borrowers fixed rate mortgage because a fixed-rate mortgage cannot change.
c. both sydney and benjamin
in sociology, these sales workers would be classified as a secondary group.
a secondary group is a group of people whose relationships with one another is impersonal and goal oriented. the group is usually temporary compared to primary group, which is a small social group whose members share personal relationships with one another. some examples of primary groups are friends and family.