Aballoon payment mortgage makes the best sense for borrowers who carefearful of? a. taking risks when borrowing money. b. planning on selling their homes before the term of the loan ends. c. looking to avoid borrowing money from banks. d. anticipating losing their jobs in the next few years.

The answer is B.

A balloon payment mortgage makes the best sense for borrowers who care fearful of planning on selling their homes before the term of the loan ends. A balloon payment mortgage is the mortgage which doesn’t completely amortize on the term of the communication; hence a balance is left due at development. It is called a balloon payment because the finishing payment is huge. It is usually seen in commercial real estate compared to residential real estate.

The correct answer is B: planning on selling their homes before the term of the loan ends.

Explanation:

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.