Which is a disadvantage of purchasing and owning a home? O A. Homeowners have additional tax shelters available to them. O B. Homeowners pay additional property taxes. C. Owning a home requires less responsibility for maintenance than renting. O D. Owning a home is a short term financial commitment. Final Settlement Statement Contract sales price Settlement charges to borrower (2) Gross amount due from borrower(3)=(1)-(2) Deposit or earnest money Principal amount of new loan (5) County taxes (half year) (6) Total paid by borrower Gross amount due from borrower (8) (9)+(10) Less amount paid by borrower (9) Cash from borrower $118,000.00 $3,491.04 $500.00 $94,400.00 $605.36 (7H(4+65)+(6) $95,505.36 (10 $25,985.68 What amount goes in line 7? O A. $92,080.35 B. $94,180.83 O C. $95,505.36 D. $97,800.43 If you make an insurance claim and your insurance company will pay everything after the initial $500 of the expense, what is the insurance jargon term for this $500? O A. deductible O B. down payment O C. earnest money O D. first payment Anthony finds a car he likes online that is in another part of the state. A local dealership agrees to transport the car to their lot for a small fee. What type of cost is this fee? O A. dealer cost O B. shipping cost C. manufacturing cost O D. sales commission