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Mice21 [21]
1 year ago
8

Li Meng purchased a property that had been owned by the same man for more than 40 years. The title search was clean. In the spri

ng, she started seeing traffic on the path to her dock and discovered that the previous owner had always allowed the locals to use his path to get to the lake. What covenant may have been breached
Business
1 answer:
stira [4]1 year ago
6 0

The covenant is against encumbrances.

<h3><u>what is an encumbrance?</u></h3>

A claim made against a piece of property by someone who isn't the owner is called an encumbrance.

  • Encumbrance may affect the property's ability to be transferred and limit its free use until the encumbrance is removed.
  • Real estate is subject to the most prevalent kinds of encumbrances, such as mortgages, easements, and property tax liens.

The previous property owner failed to disclose to Li Meng that there was an easement across the property.

Learn more encumbrance with the help of the following link:

brainly.com/question/14844424?referrer=searchResults

#SPJ4

You might be interested in
A distributor of personal computers has five locations in a city. In the year's first quarter, the sales in units were: Location
iragen [17]

Answer:

It is observed  that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.

There is enough evidence to conclude or deduce that sales were the same for all locations

Explanation:

Solution

Given that:

Object: Test whether the sales were the same for all locations by applying 1% significance level.

The Null Hypothesis H₀ : Sales were the same for all locations

E₁ =  70 +75 +70+ 50 + 35/5 = 60

The Alternative Hypothesis Hₐ : Sales were not the same for all locations

Now,

The decision rule:

the Level of Significance be α = 0.01

Degrees of freedom is df= Number of categories -1

=5-1 = 4

Note: Kindly find an attached copy of part of  the work solution of this given question

3 0
3 years ago
Hydro Systems has bonds outstanding with a face value of $1,000, 13 years to maturity, and a coupon rate of 6.5 percent, paid an
Anni [7]

Answer:

a. 5.87 percent

Explanation:

Annual coupon = 1000*6.5%  = $65

Yield to maturity = [Annual coupon + (Face value-Present value)/time to maturity] / (Face value+Present value)/2

Yield to maturity = [65 + (1000-1,056)/13] / (1000+1,056) / 2

Yield to maturity = [65 + (-56/13)] / 2056/2 ]

Yield to maturity =  {65 - 4.31] / 1028

Yield to maturity = 60.69 / 1028

Yield to maturity = 0.0590369649805447

Yield to maturity = 5.90%

5 0
3 years ago
A machine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its oper
arsen [322]

Answer:

total cost of old machine $690000 and purchase new machine $584000

replace old machine with new

so cost saving $106000

Explanation:

given data

current book value = $720,000

depreciation = $400,000

operating expenses = $60,000

replacement machine cost = $480,000

operating expenses = $26,000

expected salvage value = $130,000

current disposal value= $170,000

residual value = $20,000

to find out

total costs  and Should the old machine be replaced

solution

we find here total cost of old machine and new machine that is

particular                                   old machine                         new machine

original cost is                           $720000                             $480000

current value is                          $400000                              

now disposal val                        $170000                              

9 year disposal value                $20000                               $130000

annual opening cost                  $60000                               $26000

total cost                                    $690000                             $584000

so

total cost of old machine $690000 and purchase new machine $584000

so it should be recommend here for replace old machine with new

so cost saving $106000

4 0
3 years ago
Which of the following is TRUE? " When a market price allocates resources, everyone who is able to pay the price gets the resour
sladkih [1.3K]

Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.

Explanation:

The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.

For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.

7 0
2 years ago
PLEASE HELP, I NEED THE ANSWER SOON!!
Montano1993 [528]

Smiling and staying positive and taking notes for further reference are the essentials of a successful informational interview.

<h3>What are the essentials of an informational interview?</h3>

A set of questions asked towards building a conversation with a person having expertise and achievements in the related interests comprises an informational interview.

The two most important points to be considered while taking an informational interview are:

  1. Staying positive and giving smile expression throughout the course of the conversation.
  2. Taking important notes so that further questions may be asked in that regard.

Hence, options A and D hold true regarding the informational interview.

Learn more about informational interview here:

brainly.com/question/15727785

#SPJ1

7 0
2 years ago
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