Bus 415 Unit 6 Discussion Questions

** There are two discussion questions. Write a response for each containing 250 words a piece.

o Discussion Question 1: Explain the similarities and differences between “Fixed-Rate Mortgages,” “Adjustable Rate Mortgages,” Interest-Only Mortgages,” and “Subprime Mortgages.” Also, discuss whether you believe Subprime Mortgages are unethical from a Christian perspective, giving your reasons.

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o Discussion Question 2: Discuss the four elements of the “Truth In Lending Act” as well as the rights of creditors and debtors provided in said act.

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