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Margarita [4]
2 years ago
6

A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra

nce Eviction
Business
1 answer:
mariarad [96]2 years ago
3 0

An encumbrance is the term that is used to refer to the defect on a title that can be monetary or physical.

<h3>What is an encumbrance?</h3>

In layman speech this used to refer to a burden. It is a burden that is due to the fact that a person is owing.

The encumbrance is the claim that is made against a property. The person that is making this claim is usually not the owner of this property that he or she is trying to or laying a claim on.

Some popular types are

  • Easements
  • Leases
  • Financial encumbrance

Read more on encumbrance here:brainly.com/question/15277102

#SPJ1

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Suppose you purchase five put contracts on Testaburger Co. The strike price is $45, and the premium is $3. If, at expiration, th
andriy [413]

Answer:

3000

1500

Explanation:

For each of the answers in this question I have added the formulas to solve them in the attachment below

1.

(45-39)*5*100

= 3000

2.

(45-39)-3 x5 x100

= $1500

7 0
2 years ago
Is ordering a pizza for someone else illegal?
Over [174]
No, its not illegal to order a pizza for someone else
4 0
2 years ago
Insurance policies often contain a covenant of good faith and fair dealing. Even if the clause is not in the policy, often court
Oxana [17]

Answer:

The <em>covenant of good faith and fair dealing</em> simply requires all the parties to a contract to deal in an even-handed manner such that one party's action does not frustrate the other or prevent the other from getting the benefits of that contract.

In insurance, this covenant is sometimes captured under the heading <em>Uberrima fides</em>. This is a Latin phrase meaning <em>"Utmost Good Faith".</em>

In insurance, this covenant is legally binding on all parties to ensure they each reveal every information that is material to the acceptance or rejection of the risk (on the part of the Insurer) whilst on the part of the Insured the insurer is required to be explicit regarding the terms of the policy as well as the calculations by which the premium is arrived at.

For example, if an Insurance company is looking at covering someone under it's Life Insurance Policy, the person taking out the contract must disclose whether or not the Insured has any latent health issues which might shorten their lifespan. If there is such a condition, the Insurance company may still take on the risk albeit at a relatively higher rate than a client without such medical conditions.

 

An Insurance Company may breach this covenant if they delay or refuse to reasonable settle claims due to the Insured. It may also arise if the Insurance company by some technical manipulation intentionally under settles an Insurance claim.

If for instance, a Comprehensive Insurance Policy files a valid claim, the Insurer may be liable for negligence and or intentional wrongdoing.

Cheers!

6 0
3 years ago
Which of the following is a suggested policy on executive smartphone use?
azamat

Answer:

B. all of the above

Explanation:

Suggested policy on executive smartphone use:

  • Smartphone configuration and archiving policies.
  • A mandatory password requirement for smartphones.
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3 0
2 years ago
Margaret Williams, production manager at Williams Manufacturing, finds her profits at $15,000 inadequate for her business. The b
In-s [12.5K]

Answer:

22.22%

Explanation:

The calculation of percentage in sales is shown below:-

Increase in profit required = $25,000 - $15,000

= $10,000

To achieve a profit $10,000, the required sales increases

= $10000 ÷ 18%

= $55,555.55

Percentage increase in sale = Required sales ÷ Sales of current situation

= $55,555.55 ÷ $250,000

= 22.22%

So, for computing the percentage increase in sales we simply applied the above formula.

7 0
2 years ago
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