When buying a home, money spent to pay for items like the title insurance are called:

2 answers:

8 0

A. When you purchase your home, you receive a document most often called a deed, which shows the seller transferred their legal ownership, or “title” to their home, to you. ... Most lenders require you to purchase a lender's title insurance policy, which protects the amount they lend

Mama L [17]3 years ago

4 0

The answer to your question is most certainly A

You might be interested in

Identify whether each statement in the following table best illustrates the concept of consumers’ surplus, producers’ surplus, o

Blizzard [7]

Answer:

1. Neither ; 2. Consumer Surplus ; 3. Producer Surplus

Explanation:

Consumer Surplus is the difference between a good's price paid by consumer, & maximum price the consumer is willing to pay for the good.

Producer Surplus is the difference between a good's price received by a seller, & minimum price at which the seller is willing to sell the good.

1. Willing to pay $209 for watch, buyer willing to sell at $196, no trade as price ceiling at $190 : It illustrates neither concept as transaction has not actually occurred, so no price established.

2. Willing to pay $39 for sweater, purchased it for $32 : It illustrates 'Consumer Surplus' case = $7 , as it shows difference between maximum willingness to pay by buyer ($39) & the actual buy price ($32)

3. Willing to sell laptop at $190, sold it at $199 : It illustrates 'Producer Surplus' case = $9 , as it shows difference between minimum willingness to sell price ($190) & actual sale price ($199)

5 0

4 years ago

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2016, options were granted for 60,000 $1 par c

Sergeu [11.5K]

Answer:

See the explanation below.

Explanation:

Fair value of expired option = 60,000 * $1 * 10% = $6,000

Journal entries will be as follows:

Details Dr ($) Cr ($)

Paid-in capital - stock options 6,000

Paid-in capital - expiration to stock options 6,000

To record the expiration of stock option

4 0

3 years ago

Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. this is an example of ________.

gladu [14]

Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. This is an example of diversification. Diversification describes the processes of having diverse product offerings. When you diversify, you are differentiating your products to meet more needs for consumers. Since the brand of clothing recently introducted a line of fitness equipment, they are diverisfying themselves by branching out into other markets.

4 0

3 years ago

What is a third party?

Hunter-Best [27]

Answer:

third party. ... An example of a third party is the Green Party, running alongside the Republicans and Democrats. An example of a third party is the neighbor who overheard a couple fighting in their home.

5 0

3 years ago

Do you think celebrities should weigh in on politics? Why or why not?

harkovskaia [24]

Yes, it shouldn’t matter if they’re celebrities or not everyone has their own opinions and should be able to say them. celebrities or not they’re still human

3 0

3 years ago