Sarah is considering purchasing a house for $178,000. The owner is willing to finance 85% of the purchase price with an 8% mortgage with amortization over 15 years. If the lender also charges 2 points upfront and 3% pre-payment penalty, what is the effective cost of this loan to her if she pay off the loan at the end of year 3

Xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. at one of their parties a guest is injured on a piece of equipment. the guest sues xavier and shawn, and they find they're personally liable for any damages. what kind of business structure do they have? question 8 options: sole proprietorship general partnership limited liability company corporation