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Jobisdone [24]
2 years ago
14

Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re

turn for a cash payment by Steve. Fast forward six years, and Margot is ready to sell the properties. She soon discovers, though, that Steve's name is still on the title. What's her best course of action
Business
1 answer:
artcher [175]2 years ago
7 0

The best course of action is to ask Steve to generate quit-claim deeds on the properties. Even though the divorce decree grants ownership to Margot, she can't convey the properties until Steve either produces quit claim deeds OR agrees to convey the properties with her.

<h3><u>What is real estate?</u></h3>
  • Real Estate is referred to as the land as well as any permanent, whether natural or man-made, structures or improvements related to the property, such as houses.

Learn more about Real estate with the help of the given link:

brainly.com/question/10336196?referrer=searchResults

#SPJ4

<u></u>

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The inside address of a cover letter belongs to?
Art [367]

The inside address of a cover letter belongs to the person you are writing to.
7 0
3 years ago
Which of the following statements about the waiver-of-premium provision in life insurance is true?
Verdich [7]

Answer:

Correct Answer:

D) The disability must occur before a stated age, such as 65, for premiums to be waived.

Explanation:

In Life insurance, the individual insured against bad events that may likely occur in his or her life through an insurance company. This would led to the company to pay his beneficiary or the individual in question if such event happened.

<em>For waiver-of premium to occur in a life insurance,the disability of the individual must occur before the age of 65 years which is assumed to be the retirement age.</em>

7 0
2 years ago
Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and se
Temka [501]

Answer:

See below

Explanation:

Breakven even point is computed as

= Fixed costs / ( Sales price per unit - Variable costs per unit)

For basic lawn mower, Given that;

Fixed cost = $5,000,000

Sales price per unit = $150

Variable costs per unit = $50

BEP = $500,000 / ($150 - $50)

BEP = $500,000 / $100

BEP = 5,000 units

For Riding tractor, given that;

Fixed costs = $500,000

Sales price per unit = $1,500

Variable cost per unit = $500

BEP = $500,000 / ($1,500 - $500)

BEP = $500,000 / $1,000

BEP = 500 units

It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.

7 0
2 years ago
Rumors of a bank failing, even if not true, can become a self-fulfilling prophecy because:
Scorpion4ik [409]
People will deploy from that bank and move to another bank to remain safe- if they believe the rumor. People usually believe rumors if they hear them enough while some people actually seek evidence and finding the truth vs the lie( or misassumption). For those people they will stay employed with that bank or at least give the bank the benefit of the doubt.

Please vote my answer brainliest. thanks!
8 0
3 years ago
A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
Sliva [168]

The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.                                                                                                      

<u>Explanation</u>:

  • A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
  • The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
  • So the convexity of the bond is 61.810.                                                                            

3 0
2 years ago
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