1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
FromTheMoon [43]
2 years ago
8

A house sold for $109,000 with the buyer making a 20% down payment. The grantors tax is based on the:

Business
1 answer:
Elena-2011 [213]2 years ago
3 0

In this sales case, the grantors tax will be based on the selling price.

<h3>What is a grantors tax?</h3>

This refers to tax that is applied on the transfer on ownership such as on sales of property, house etc.

Here, the the grantors tax will be based on the selling price even though it is customary for the seller to pay the grantors tax.

Therefore, the selling price is correct.

Read more about tax

<em>brainly.com/question/26316390</em>

#SPJ1

You might be interested in
The theory of comparative advantage shows that the gains from international trade do not just result from the absolute advantage
Tema [17]

Answer:

Opportunity cost

Explanation:

The theory of comparative advantage represent that if there is any benefit from the international trade so it does not only show the absolute advantage at lesser cost but it also represent the comparative advantage and generating at a  lesser opportunity cost as the theory of comparative advantage says that the product and services should be produced at lower opportunity cost

6 0
2 years ago
A sequence of organizations that directs a product from the producer to the ultimate user is called a(n) _____.
Norma-Jean [14]
The answer is that it is called as marketing channel or distribution channel.

A marketing channel refers to the people, organizations, and activities that are essential to switch the possession of products from the factor of production to the factor of intake and it is the way services and a product get to the end-user, the client and is also called as distribution channel.

4 0
3 years ago
Match the products below with the type of market in which they are sold.
hram777 [196]

Dollars - currency exchange market

Shares -stock markets

Wheat-commodity market

8 0
3 years ago
Read 2 more answers
_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely
jeka57 [31]

Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0
3 years ago
2.what are some of the reasons people don’t manage their money well for the future?
Flura [38]
1) They are young and not so smart o( just a saying), 2) They think they will be rich forever and forever be on top of the world, 3) Ignorance or following the wrong financial advice, 4) Instead of them wisely taking care of their finances, they put it in other people's hands, who of course abuse it as well or take advantage. :)
5 0
3 years ago
Other questions:
  • Wayne Rogers Corp. maintains its financial records on the cash basis of accounting. Interested in securing a long-term loan from
    10·1 answer
  • Kelly Addison is a designer clothing buyer for a chain of department stores. She has gone through several negotiation certificat
    6·1 answer
  • Jean, a geologic specialist, agreed to accept an overseas assignment for her company after the company agreed to store her yacht
    14·1 answer
  • Nobel laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not ob
    8·1 answer
  • Industrial ecology (select THREE): Group of answer choices
    14·1 answer
  • On December 15, 2016, the board of directors of Cross Corporation declared a cash dividend, payable on January 8, 2017, of $0.94
    9·1 answer
  • All of the following lead people to be credit constrained except a person's credit history. savings. collateral. banking regulat
    5·1 answer
  • Dmitri loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during i
    8·1 answer
  • Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business)
    6·1 answer
  • How would a strong u.s. dollar impact the trade of grain produced in the united states? quizzez
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!