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miskamm [114]
2 years ago
11

The public report that a developer must provide when offering subdivided lands for sale is provided by which agency?

Business
1 answer:
e-lub [12.9K]2 years ago
7 0

The Subdivided Lands Law requires a subdivision developer to obtain a public report from the Real Estate Commissioner before offering any lots for sale.

A Commissioner is basically a member of the Commissioner or a person to whom duties are delegated. In practice, the title of commissioner has evolved to include various senior officials, often on specific committees.

Persons with Assignments: Etc. a: Committee members. b: A representative of a government agency of a district, state, or other entity, often having both judicial and executive powers. c: Officer in charge of a department or office of public service.

If the date of this order is more than one year before he and the agent ex officio change the order. An order by an attorney to refuse to interfere shall not be considered an order prejudicial to a judge.

Learn more about Commissioner here

brainly.com/question/8798942

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3. Odette has $50,000 in cash, two U.S. Treasury Bonds with a combined face value of $500, a home worth $100,000, and asset-rela
snow_lady [41]

Answer:

her current net worth is $75,500

Explanation:

The computation of the her current net worth is shown below:

As we know that

Net worth is

= Total assets - total liabilities

= ($50,000 + $500  + $100,000) - ($75,000)

= $150,500 - $75,000

= $75,500

Hence, her current net worth is $75,500

We simply deduct the liabilities from the asset to determine the net worth

4 0
3 years ago
All of the following statements are TRUE about the use of defense tactics by the target firm during a hostile takeover EXCEPTa.
12345 [234]

Answer:

d. defense tactics make the costs of a takeover lower.

Explanation:

There's a take over attempt when a company is faced with a hostile takeover attempt.

Defense can be either pre offer takeover or post offer takeover.

In pre offer takeover defense, companies put mechanisms in place to discourage takeover attempts.

Pre takeover defense mechanisms include:

1. Golden parachute: this benefits the managers of a company. It is an agreement where managers are compensated lucratively if they leave the company being targeted for a takeover when there's a change in corporate control.

2. Fair price amendments: this sets a bidding value floor for a target company. This makes the company more expensive

3. Staggered board : this is when its impossible to change all the members of boards of a company.

4. Poison pill

5. Poison put

Post take over defense mechanism usually are put in place after a takeover attempt. They include:

1. White knight defesne : The takeover firm invites another company to purchase it in place of the firm planning an hostile takeover. This can lead to bidding and counter bidding by the third firm and the firm planning the hostile take over. This can eventually leads to winners curse. This usually increases the cost of takeovers

2. Litigation

Not all take over defense tactics are usually effective. Generally, preoffer take over tactics are usually recommended.

3 0
3 years ago
When bonds are sold at a premium, if the annual straight-line amortization amount is compared to the annual effective interest a
murzikaleks [220]

Answer: Higher than the effective interest amount in the early years and less than the effective interest amount in the later years.

Explanation:

7 0
3 years ago
Desert Company exchanged 3,000 shares of its stock, for equipment from Jungle Company. Desert's stock has a par value of $50 per
iren2701 [21]

Answer:

Desert Company

The amount that Desert should record as the historical cost of the equipment is:

= $170,993.

Explanation:

a) Data and Calculations:

Value of stock exchanged = $150,000 (3,000 * $50)

Fair value of equipment = $170,993

Gain from exchange of Equipment for shares = $20,993

b) The quoted fair value of Jungle's equipment should be used to record the historical cost in the financial statement of Desert Company.   This value represents the only verifiable value.  This value should then be compared to the value of the Desert shares exchanged with Jungle to determine if there is a loss or a gain from the exchange.

6 0
3 years ago
On July 3, 2009, Devin purchased 100 shares of CDEF stock at a cost of $30 per share. His commission was $29. He sold his shares
vichka [17]

Answer:

$1,692

Explanation:

Data provided in the question:

Number of shares purchased = 100

Cost of stock = $30 per share

Commission = $29

Selling price per share = $45

Commission for selling = $29

Earned dividends = $2.50 per share

Now,

Total Return

= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions

or

Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)

or

Total Return = $1750 - $58

or

Total Return = $1,692

8 0
3 years ago
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