For each of the following, write on the blank line answers the question or completes the statement. ing, write on the blank line the letter of the word or phrase that best 11. C A graduated payment mortgage is a mortgage that he buyer to pay high monthly payments at first and lower payments in the future. (B) allows the be allows the buyer to live in their home for three months before making their first mortgage payment. the buyer to pay low monthly payments at first and higher payments in the future. (D) allows a buyer to occasionally skin mortgage payments if the buyer is having financial difficulties. @ allows the buyer to pay low 12. - Which of the following is a receipt listing goods shipped by a moving company? (A) invoice (B) bill of lading (C) packing slip (D) lease Which of the following is true regarding month-to-month rentals? (A) Renting month-to-month is typically more expensive. (B) No notice needs to be given before leaving a month-to-month rental unit. (C) Renting month-to-month does not require renters insurance. (D) Roommates are not allowed under a month-to-month agreement. Which of the following is true regarding the automobile marketplace? (A) The automobile marketplace offers many different ways for consumers to shop. (B) The automobile marketplace favors sellers and offers no recourse for buyers who have been cheated. (C) The automobile marketplace is an example of a monopoly. (D) The automobile marketplace offers very few options. Which of the following costs is unique to leasing a car? (A) interest paid (B) finance charges (C) gap insurance (D) capitalized cost reduction