Lorna and Hal have obtained a growing equity mortgage for their new home. What does that mean

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Answer 1

Option d: Lorna and Hal have obtained a growing equity mortgage for their new home which means their loan payments will gradually increase.

A Growing Equity Mortgage (GEM) is a type of fixed rate mortgage where monthly payments increase over time according to a set schedule rather than remaining fixed for the life of the loan .

The interest rate on the loan will not change and there will be no negative amortization.

Instead, the first payment is a fully amortized payment, and as the payment increases over time, additional amounts beyond the fully amortized payment are applied directly to the remaining mortgage amount, Loan life will be shorter and overall interest savings will decrease and increase.

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Complete question:

Lorna and Hal have obtained a growing equity mortgage for their new home. What does that mean?

The loan will be distributed to them gradually.

The interest rate will increase gradually over time.

The loan term will extend gradually over time.

Their loan payments will gradually increase.


Related Questions

Which of these is an exception to texas law prohibiting riding in the bed of a truck or trailer?
a. Government sanctioned hayrides
b. On a beach
c. Parades
d. All the choices are correct

Answers

The exception to Texas law prohibiting riding in the bed of a truck or trailer is Government-sanctioned hayrides, On a beach, and Parades, i.e Correct response is D- all above.

Operating an open-bed pickup truck or open flatbed truck in Texas with a child under the age of 18 in the truck's bed or trailer is a misdemeanour traffic infraction.

If you are found guilty, you could be subject to a fine of $25 to $200.

Texas legislators have passed traffic regulations aimed at protecting the safety of the general driving populace.

For instance, safety belts save thousands of lives each year. The purpose of speed limits is to deliver cars to their destinations safely and quickly.

Conversations on the phone and texting while driving are both hazardous diversions. Roadways are made safe by using traffic signals like flashing yellow lights and road signage.

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What mood do the opening stage direction and setting description create in A Streetcar Named Desire?

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In 1947, the French Quarter in downtown New Orleans introduced the play on a realistic opening stage facing an impoverished urban area, accented by notes of jazz music played on a "blue piano," turning the audience into blue.

Creates a full mood. lead to fear.

Set in the French territory of New Orleans, where the opening stage of "A Streetcar Named Desire" takes place.

It uses tragic theatrical techniques represented by the lonely blue piano to create a dramatic and dramatic depiction of melancholy, loneliness, and violence. depicted realistically.

It takes place on his first floor in a two-room apartment, and the cycle of violence is told.

A blue piano appears in the direction of the introductory stage of the first scene, expressing themes of longing and spiritual loneliness for the people of New Orleans.

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Do you agree that verdicts in criminal trials should be unanimous and that jurors should vote for guilt only if they are convicted of the defendant’s guilt beyond a reasonable doubt?

Answers

Answer: yes.

Explanation:

At the beginning of a trial, only the defendant's attorney makes an opening statement.
True
False

Answers

False. Only the defendant's attorney makes an opening statement at the start of a trial.

Lawyers who represent a defendant in a criminal case are formally known as "criminal defense attorneys." A defense attorney represents the defendant in court in both civil and criminal cases. General lawyers practice law and represent clients in business and other general legal matters. A criminal defense attorney, on the other hand, is an expert in trial tactics and defense strategies required for the client and their family's case to be successfully resolved. Defense Attorneys form relationships with clients by determining their legal needs, providing counsel, and assisting them in understanding their legal options.

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Mia offers Nevin, a building inspector, money to overlook the violations in her new warehouse. Nevin accepts the money and overlooks the violations. Mia is charged with the crime of bribery. The crime occurred when ?
a. Mia offered the bribe.​
b. ​Mia decided to offer the bribe.
c. ​Nevin accepted the bribe.
d. ​Nevin overlooked the violations.

Answers

Mia has been charged with bribery. Mia committed the crime by offering the bribe. Bribery is punishable by imprisonment of any kind for a term up to a year, a fine, or both.

Bribery is defined as the offering, giving, soliciting, or receiving of anything of value in order to influence the actions of someone with a public or legal duty. This type of action results in matters that should be handled objectively being handled in the manner best suited to the decision-maker's private interests. Bribery is thus a crime, and both the offer and the recipient can face criminal charges.

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How did William Blackstone influence the Constitution?

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William Blackstone advised the Founding Fathers of the USA to understand the value of common law.

Blackstone's work had a profound impact on the ideology that led to the American Revolution and the subsequent drafting of the United States Constitution.

Commentary has been frequently cited by US courts as a source for Common His Law.

The purpose of Blackstone's commentary on English law was to provide a readable source of common law for most people.

Government policies and practices should therefore also be implemented in harmony with this power. In other words, governments should not be allowed to restrict individuals' freedom of choice and action.

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Which of the following resources could be a good place to start if you are researching case law? (Select all that apply.)
-The website of the court where the decision was made.
-Annotated codes for the law the case deals with.
-Legislative history of the law the case deals with.
-The daily Federal Register
(multiple choice)

Answers

The following resources could be a good place to start if you are researching case law:

The website of the court where the decision was made.Annotated codes for the law the case deals with.The legislative history of the law the case deals with.

Where is the best place to start your legal research?

Secondary sources, such as law journals, practice manuals, legal encyclopedias, and treatises, are the ideal place to start if you're looking into a novel legal concept or an uncharted territory of the law. They are a wonderful place to start your legal investigation since they have already done the legwork.

Make a research plan and note the case's facts. To handle a legal duty with authority, one must have faith in the procedure. This is true regardless of the profession, the legal environment, or the amount of legal experience. Making the effort to discover and comprehend the facts of your case should be the first step in a productive approach.

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What is the purpose of reverse 911? Select all that apply.
to call several numbers simultaneously, seeking criminal suspects
to provide a way for several members of the community to speak with the 911 operator at the same time
to contact residents in a specific area with emergency messages
to either speak with residents by recorded message or leave voice and text messages at each residence

Answers

Answer:

1. To contact residents in a specific area with emergency messages

2. To either speak with residents by recorded message or leave voice and text messages at each residence

Explanation:

Reverse 911 is a system that allows emergency responders to quickly contact residents in a specific area in case of an emergency. The system uses a database of telephone numbers for residents and businesses in a specific area and allows emergency responders to send recorded messages or text messages to all of the numbers in the database in a specific geographic area. This allows emergency responders to quickly notify residents of an emergency, such as an evacuation order, a gas leak, or a power outage, and provide them with important information and instructions. The Reverse 911 system could be activated by an emergency responder or it could be set up to automatically notify residents in the event of a certain emergency.

What are the 3 key principles of Mendel's inheritance theory?

Answers

Mendel derived his first concept, the principle of uniformity, from this straightforward observation. According to this theory, every offspring from a cross like this—where the parents differ by only one trait—will look the same.

Mendel also tested the effects of mating plants with two or more pure-bred traits to see what happened. He found that each quality was inherited independently of the others and had a 3:1 ratio of its own. This is the driving principle for the independent assortment.

Mendel gathered his data for tens of thousands of plants before coming to the conclusion that the characteristics may be divided into expressed and latent aspects. He described these traits as being, respectively, dominant and recessive.

Mendel observed that every F1 plant was identical. Each of them had spherical yellow seeds, just like one of the two parents. However, any possible combination of the two features could be seen in the F2 generation of plants that were created by the self-pollinated F1 generation.

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Can some one help me I have to write in 200 words about “ What are the top 1–2 soft skills you currently have that you can showcase in a resume?
How has your current (or a past) job helped you acquire or polish these skills?”
Can some one write something for me in 200 words about this please ? And thank you it’s due today and I need help

Answers

Answer: I possess a strong set of soft skills that I have developed throughout my career. The top two skills that stand out are communication and problem solving.

Communication is essential in all aspects of life, but especially in the workplace. I have developed excellent communication skills through my current job as a customer service representative. Everyday I am required to speak with customers and provide them with the best possible service. My job has helped me become a better listener, more articulate and able to express myself effectively.

Problem solving is another important skill that I have acquired and perfected during my job. I am often faced with difficult problems that require quick and accurate solutions. My current job has enabled me to use my creativity and sharp analytical skills to come up with innovative solutions to customer issues. I am confident that I can bring my problem solving skills to any other job I may pursue.

These two skills are highly valued and are essential in many job roles, and I believe showcasing them in my resume will be beneficial. I have worked hard to refine and hone my communication and problem-solving skills and I am confident that I can use them to make a positive contribution to any organization.

Explanation: I'm not sure if I made it on time but I hope this helps.

Leah gains access to government records and alters certain dates and amounts in her favor. This is a. embezzlement. b. forgery. c. larceny. d. no crime.

Answers

The correct answer is B) forgery. Leah obtains access to official documents and changes specific dates and quantities to her advantage. This is a fabrication of embezzlement.

Altering, using fake documents and tools, and writing falsely on any documents with the intent to fool the other are all examples of forgery and fabrication. When someone else signs or when someone writes something that is false, it happens.

False document utterance is a serious offence that carries a penalty. Documents that can be falsified include checks, negotiable instruments, contracts, wills, and deeds, to name a few. However, forgery also includes some documents that are routinely used in the business sector despite having no legal standing, such as a fake letter of recommendation for employment.

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If you find yIf you find yourself in need of cash, the LEAST expensive option is likely to be:

Answers

Answer: no one gonna help you :0

Explanation:

School is lame

Which of the following terms is defined as an ideal that embraces all aspects of civilized life? a. criminal justice. b. vigilante justice. c. social justice. d. civil justice.

Answers

Ideal term which embraces all aspects of civilized life is social justice. Thus, option C is the answer.

Social justice is defined as an ideal that embraces all aspects of civilized life, encompassing not just the legal system but also the political, economic, and social aspects of society. It is the concept that everyone should have equal rights and opportunities and be treated fairly, regardless of their background or circumstances. This can include issues such as poverty, discrimination, education, healthcare, and more.

Social justice aims to create a more just and equitable society for all, working towards reducing economic and social inequalities and ensuring that everyone has access to the resources and opportunities they need to thrive.

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The amount is credited to the account of the taxpayer and reduces the amount of tax otherwise due to the government on the due date of the return.

Answers

The withholding amount is credited to the account of the taxpayer and reduces the amount of tax otherwise due to the government on the due date of the return.

For employees, withholding is the amount of federal income tax that is deducted from your salary. The amount of payroll tax that your employer withholds from your regular salary depends on two factors:

Amount earned.

Information you provide to your employer on Form W–4.

To calculate withholding tax, you can use the Tax Withholding Estimator. You can estimate your 2020 income tax using the withholding estimator tool.

The Withholding Estimate Tool compares this estimate with your current withholding and helps you determine if you need to change your withholding with your employer.

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Protests demanding political and economic reform that spread through the countries of North Africa were part of the 2011 Arab Spring. Which one of the following did these countries have in common other than oppressive regimes and poor living conditions

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After street vendor Mohamed Bouazizi set himself on fire, the Arab Spring began in Indonesia.

After ruling from 1987 to 2011, Zine El Abidine Ben Ali was deposed as the leader of Tunisia. Currently a democracy, Tunisia just held elections. Egypt - In one of the most iconic events during the Arab Spring, for several days in a row, thousands of protesters gathered in Cairo's Tahrir Square to call for political change. Algeria - The Arab Spring quickly spread to Algeria, a neighbor of Tunisia, where former president Abdelaziz Bouteflika was forced to resign after having held office since 1999. As a result of this occasion, Hosni Mubarak, who had ruled Egypt since 1981, was deposed. Yemen - Violent protests there resulted in more than 2,000 fatalities.

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The totality of the circumstances test is used to determine if a pretrial identification procedure has violated which right

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To evaluate whether a pretrial identification technique breached the protection against self-incrimination, the totality of the circumstances test is utilised.

Criminal defendants are also shielded from testifying by the Fifth Amendment if they could implicate themselves in the testimony. If a witness feels that providing an answer could put them in jeopardy, they may "plead the Fifth" and refuse to answer.

Self-incriminating remarks made by a person will not be admissible in court if they are not informed of their rights, which include the right to an attorney and the right to keep silent.

These techniques include DNA profiling, the most widely used Test Identification Parade, the skull superimposition technique, and fingerprints and footprints.

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How is the philosophy of judicial activism different from the philosophy of judicial restraint?

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Judicial activism and Judicial restraint have philosophies that are polar opposites of each other.

These two terms of Judicial activism and Judicial restraint are the  used to express the philosophy and motivation of the judicial decisions

Judicial activism, simply put, is a theory of wherein it states certain judgements are passed after taking into account the essecne of law along with the dynamics of society and time.

Judicial Restraint, on the other hand, adheres to a more strict interpretation of the law and focuses on the significance of legal precedent.

Thus see, the expression `judicial activism’ is actually used in contrast to `judicial restraint’.

Judicial activism is a dynamic process of judicial outlook in a changing society. In recent years judicial activism has given new dimensions to the process of law making by courts.

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What happens when the Supreme Court rules a law unconstitutional ?

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If a law is deemed unconstitutional, the courts can declare it unenforceable, and Congress can repeal the unconstitutional law to avoid confusion or include similar policies to try to achieve its goals.

A new version may choose to replace that law.

The Supreme Court has the power to conduct judicial review whenever Congress proposes new legislation.

During its review, the Supreme Court carefully considers each content of the proposed law. If any part of the content violates the rules laid down in the Constitution, those laws are considered "unconstitutional" and must be amended before they can pass.

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What are the 3 basic principles that Mendel was able to discover about genetics?

Answers

Mendel translated the findings of his studies on pea plants into three main principles that define the fundamentals of inheritance in diploid species. They are the independent assortment principle, the dominance principle, and the principle of segregation.

Mendel's Findings

1. The hereditary determinants are of a particulate nature. These determinants are called genes.

2. For each investigated characteristic, a gene pair from each parent is present in each cell. One allele for the dominant phenotype and one for the recessive phenotype are present in the F1 from a cross of two pure lines. The gene pair is made up of these two alleles.

3. Since just one of the gene pair's members segregates into each gamete, each gamete carries only that one gene.

4. Gametes mate randomly, regardless of the other gene pairs that are involved.

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A farmer purchased a tract of farmland adjacent to a factory. For months, the factory had emitted a foul-smelling chemical cloud that hovered approximately one foot over the farmland. The farmer invited the factory foreman to his farmland to show him the damage the chemical cloud was doing to his land. The foreman informed the farmer that there was nothing he could do, and that the previous landowner had not complained about the cloud. The farmer brought suit against the factory for trespass to his land.Will the farmer’s trespass suit against the factory be successful?
A.No, because nothing is physically touching the farmer’s property.
B.No, because the factory was in operation and producing the cloud before the farmer purchased the land.
C.Yes, because the chemical cloud constitutes a physical invasion of the property.
D.Yes, because the factory’s agent, the foreman, physically entered the farmer's property.

Answers

The farmer brought the suit against the factory for trespass to his land. So, yes the farmer’s trespass suit against the factory will be successful because the chemical cloud tends to constitute a physical invasion of the property.

The trespass to the land tends to occur when a defendant's intentional conduct is said to have caused a physical invasion of the land of the another. So, the defendant here need not personally enter onto the plaintiff's land.

However, a trespass may be committed on, or above, or below the surface which is of the plaintiff's land. Thus, here the chemical cloud produced by the factory tends to constitute a physical invasion of the land.

Hence, option C is correct.

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Harvey, a resident of Indiana, has an accident with Janette, a resident of Kentucky, while driving through that state. Janette files a suit against Harvey in Kentucky. Regarding Harvey, Kentucky has
a. diversity jurisdiction.
b. in personam jurisdiction.
c. in rem jurisdiction.
d. no jurisdiction.

Answers

In regard to Harvey, Kentucky court has 'In personam jurisdiction', which means option B is the right answer.

Since the accident between Harvey and Janette took place in the bordering area of Kentucky, so it is obvious that the jurisdiction will lie with the Kentucky court. The term 'In personam' means that a judgment can be made enforceable against the person wherever he/she is (in any place). It is a law which counts designated actions to be taken against the guilty after filing a summon for that person. It is a general jurisdiction, wherein the court has the authority to determine the rights and liabilities of the party in lawsuit. Thus in this case, the punishment can be levied against Harvey for the inconvenience caused to Janette.  

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What is the Supreme Court's rule regarding citizens rights?

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The Supreme Court has interpreted the 14th Amendment in decisions that have influenced civil rights and freedoms in America for 150 years.

The Supreme Court has ruled that it is unlawful to restrict someone's ability to exercise their right to vote, serve on a jury, own property, criticize the government,

engage in a variety of occupations, and remain in the United States on the basis of their race, religion, gender, or other protected characteristics.

The amendment was developed to address the racial injustice that Black people who had just been set free from slavery experienced.

It confirmed citizenship rights and benefits and, for the first time, ensured that all Americans would get equal protection under the law.

The struggle for racial equality and numerous other social justice movements continue to revolve around the 14th Amendment.

To make sure that its protections are comprehensive, much work still needs to be done.

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Which of the following statements is true of right-to-work laws?
a. They promote closed shops in organizations.
b. They restrict compulsory union membership.
c. They require that all union members have legal work permits.
d. They prohibit union meetings during work hours.

Answers

They limit compulsory union membership. THe correct answer is

option (b).

Which of the following acts is referred to as right to work?

India has ratified both the International Covenant on Economic, Social, and Cultural Rights and the Universal Declaration of Human Rights. Articles 23 and 6, respectively, recognise the duty of the state to defend this right as well as the right to work in a profession of one's choosing.

The Taft-Hartley Act essentially gave rise to the nation's right-to-work legislation, which enable states to forbid requiring union membership as a condition of employment in both the private and public sectors. Every person has the right to decent working conditions. Every employee has the right to establish and join a union.

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“Boundary fence question” if a shed wall is on the boundary line and a fence is built, as close to the shed as possible. Is the fence line after 15 years taken as the new boundary line In adverse possession law (I live in Victoria, Australia.)?

Answers

Answer:

In Victoria, Australia, according to the law of adverse possession, a fence line cannot be taken as the new boundary line after 15 years. The boundary line remains the same as it was before the fence was built.

Explanation:

What is law of segregation also called?

Answers

The Law of Segregation is also called as the law of purity of the gametes. Law of segregation is considered to be the second law of inheritance.

The Law of Segregation tends to explain that the pair of the alleles tend to segregate from each other which is during the meiosis cell division which is the gamete formation, so that the only one allele will be then present in each gamete.

However, according to the Law of Segregation, the two alleles of a gene tend to separate during formation of the gametes. Thus, they do not tend to blend but segregate or separate into different gametes.

Hence, here each gamete is pure and tend to possess only one allele of a gene.

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The Ohio state legislature is concerned because people guilty of lesser drug offenses are languishing in prison

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Answer:

It is not clear what specific action the Ohio state legislature is considering or what information is being requested. Could you provide more context or clarify the question?

Before the 1970s, what EMS service was provided to the nation?
O one medical person to ride along in an ambulance
an ambulance driver who knew first aid
O only ambulance service with a stretcher
O a team of at least two EMTS-most of who have the training 2-weeks requirement

Answers

Prior to the 1970s, EMS were the main providers of ambulance services, and the quality of their training and the services they offered varied greatly across the country.

What were the ambulance services provided by EMS?The ambulance service typically consisted of a driver who was familiar with basic first aid, however occasionally a single medical professional would accompany the ambulance. The majority of ambulances simply had a stretcher on board, and the service was often centered on taking patients from the scene of an accident or illness to a hospital.Although not perfect, this method frequently resulted in patients receiving subpar or even detrimental care while being transported, and frequently the patient's health would worsen before arriving at the hospital.

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Which section of the osh act prohibits employers from discriminating against workers

Answers

Section 11(c) of the OSH act prohibits employers from discriminating against workers.

The law gives the right to any employee, who believes that he has been discriminated against in violation of section 11(c) of the Act, to lodge a complaint with the Secretary of Labor alleging such violation.

This must be done within 30 days after such violation occurs. Appropriate investigation shall than be carried out by the Secretary.

In case the investigation results prove to be against the accused, then and the Secretary determines that the provisions of section 11(c) have been violated, the company can institute civil action in the appropriate forum.

The company can be ordered to take restraining measures that  include to restrain violations of section 11(c)(1) and to obtain other appropriate relief.

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Provide examples of any societal dangers that might occur when the results of poor media reporting are publicized. Discuss a recent instances of this phenomena.

Answers

There are numerous stories concerning war, terrorism, crime, pollution, inequality, drug misuse, and oppression in the news every day. There are so many "crises".

What severe crisis does poor media report?

Because of a cognitive bias that people estimate the likelihood of an event or the frequency of a type of thing by the ease with which examples come to mind—the nature of news is likely to distort people's perception of the world.

This is a good general rule of thumb that applies to many different fields.

However, people will overestimate how likely a memory is in the real world anytime it appears high on the list of results from the mind's search engine for reasons other than frequency—for example, because it is recent, vivid, gory, distinctive, or unpleasant.

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What is the conclusion of civil disobedience movement?

Answers

The conclusion of civil disobedience movement is the passage of the Civil Rights Act of 1964.

The Civil Rights Legislation of 1968, was an act that outlawed discrimination in the sale or rental of housing, The Voting Rights Act of 1965, which restored voting rights, and this act, which forbade discrimination in employment practises and public accommodations.

Civil disobedience has generally been proven to be effective throughout history.

Government and public policy have been changed as a result, and it has also helped socially marginalized groups gain acceptance and equality for people who have experienced discrimination.

Rosa Parks made the equal rights movement for people of color more well-known by refusing to give up her seat to a white man out of respect for his civil rights.

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The Lygaeus mode of sex determination is the ________. A. XY/XX scheme B. hermaphroditic scheme C. XX/XO scheme D. scheme based on single translocations in the X chromosome E. XO/YY scheme A nurse is caring for a client who has cancer and is receiving palliative care. Which of the following statements by the client indicates an understanding of the type of treatment?A. I am thinking of getting a second opinionb. I am hoping this will limit my discomfortc. This treatment should help me live a little longerd. This is not working out. I plan to stop treatment explain how yo could use your expression to determine the value that would appear in the 25th ro of the second column Is depression a mental illness? Question 15 of 27What are the zeros and x-intercepts of this quadratic function?-5A. Zeros: -2 and 15-5Select two answers: one for the zeros and one for the x-intercepts.5B. Zeros: -1 and 2C. x-Intercepts: (-1,0) and (2,0)D. x-Intercepts: (0, -1) and (0, 2)E. Zeros: 1 and 2OF. x-Intercepts: (-2, 0) and (1, 0) (d) (i) Suggest, giving full details, THREE measuresthat religious institutions can implement to assist incorrecting the behavior of delinquent young people insociety.(ii) Explain fully why each measure yousuggested in (d) (i) above is likely to be successful.Please help, I could not figure out any strategies at all. Please graph the question in the image. What are 5 balanced diets? Suppose that a competitive market is initially in equilibrium. Then demand increases. If some resources used in production are not available in sufficient quantities for entering firms,a. the long-run market supply curve will be upward sloping.b. the long-run market supply curve will be perfectly elastic.c. in the long run firms will suffer economic losses, leading them to exit the industry.d. the number of firms will decrease, and the market will become a monopoly. Looking back on previous tests and quiz questions can benefit you in determining what to study because they a. Will be used word for word on future tests c. Both of these b. Provide hints on what the teacher thinks is important d. None of these Please select the best answer from the choices provided A B C D Calculate the discharge of a stream that has a velocity of 300 m/s and is 25 m wide and 3 m deep. Property taxes associated with a company's administrative facility are considered ________. multiple choice nonmanufacturing costs manufacturing overhead costs selling costs Josh exercises no less than 40 minutes per day.Use t to represent Josh's amount of exercise (in minutes per day). i do not understand how proportionality works What is a S.M.A.R.T Goals?give an example for each letter 1. If ..... you were coming, I would have baked a cake! O A. I would know B. I would have known C. I had known OD. I had had known The ages of the winners of a cycling tournament are approximately? bell-shaped. The mean age is 36. The ages of the winners of a cycling tournament are approximately? bell-shaped. The mean age is 28. 2 ?years, with a standard deviation of 3. 5 years. Transform into a z score What does the priest find when he sacrifices the animal? A student performs an experiment several times to determine the enthalpy of combustion of naphthalene, an organic compound with the formula C10H8, and collects the following data: 5181. 6kJmol, 5181. 9kJmol, 5183. 5kJmol, 5180. 1kJmol, and 5184. 2kJmol. What is the relative standard deviation (RSD) for this set of data? Give the answer as a positive number Work with a partner. Every equation that has an unknown variable can be written as a question. Choose the question that represents the equation. Then answer the question.$x\div5=3$Responses