The primary risk of owning a mortgage is that the lender will default on the mortgage obligation. True or False? And Why?

Firm ABC sells calculator. It operates in a plant worth 2,500,000 and maintains production equipment worth $5,000,000. Currently, it has 175,000 calculators in reserved inventory that it plans to sell next month to retail stores for $60 each. Its board of directors has $1.50 million in government bonds and $115,000 in savings for use as payroll and emergency funds. In addition, ABC employs several whose collective worths in terms of skill and knowledge is equal to$290,900. The capital stock of the firm ABC is $_____

In all competitive labor markets, firms will hire additional workers only if the value of their products exceeds the relevant market wage. True or False? And why?