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
DochEvi [55]
1 year ago
8

A buyer wishes to have the choice to buy a parcel of land in the next few months, so he offers option money to the owner. if the

offer is accepted, this transaction is an example of__________.
Business
1 answer:
NNADVOKAT [17]1 year ago
4 0

A buyer wishes to have the choice to buy a parcel of land in the next few months, this transaction is an example of equitable title to the property.

An option to buy actual property offers the holder an equitable interest within the assets. options to buy real assets provide the holder equitable interest within the assets and the right to essentially force the belongings owner to sell at any time all through the time period of the contract.

While a potential client makes a written buy provide that the vendor accepts, then the: customer gets equitable title to the assets. A bilateral contract is one that: The promise of one birthday celebration is given in alternate for the promise of the alternative birthday party.

An alternative settlement is in which a prospective client enters into an settlement with a landowner for the proper to buy their land/assets, frequently paying the landowner a amount of money as an option fee. the possible consumer then has the choice inside a duration described inside the settlement to shop for the belongings.

Learn more about transaction here:-brainly.com/question/24835236

#SPJ4

You might be interested in
A company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending Work
ExtremeBDS [4]

Answer:

a.The ending work in process inventory is $ 146,575

Explanation:

To determine the ending work in process inventory, we need to do the following computations:

No of units in ending inventory                                    22,000 units

Material cost in ending inventory

22,000 units * 100 % (completion) * $ 2.65                     $ 58,300  

Conversion costs in ending inventory  

22,000 units * 75 % (completion) * $ 5.35                      <u> $ 88,275</u>

Total value of Ending work in process inventory        <u> $ 146,575</u>

7 0
3 years ago
Joe received a DUI violation while partying last Christmas and he was found guilty by the court. His real estate license is due
Kazeer [188]

Answer:

Yes, Joe needs to disclose to the commission about his violation.

Explanation:

Driving under the influence (DUI) is the crime or offense of driving or operating a motor vehicle while impaired by alcohol or other drugs to a level that renders the driver incapable of operating a motor vehicle safely.

if the defendant violated probation by breaking a law, the probation revocation hearing will probably take place after the new offense has been disposed of.

Defendants are entitled to written notification of the time, place, and reason for the probation revocation hearing.

For Joe to be able to renew his real estate license he has to speak for a qualified attorney who will plead his case on his behalf.

5 0
3 years ago
A firm offers a 10-year, zero coupon bond with a face value of $1,000. What is the current market price if the yield to maturity
viva [34]

Answer:

Current market price is  474.30  

Explanation:

The current price of the bond can be computed using the pv function in  excel as stated thus:

=-pv(rate,nper,pmt,fv)

rate is semiannual yield to maturity which is 7.6%/2

nper is the 10 years of bond tenure multiplied by 2

pmt is the coupon payable which is zero

fv is the face value of the bond which is $1000

=-pv(7.6%/2,20,0,1000)=$ 474.30  

7 0
3 years ago
If the elderly consume the same market basket as other people, then Social Security would have an uncertain impact on their stan
laiz [17]
Answer: b false

Explanation:
5 0
3 years ago
When there is allocative efficiency in a market, the buyers' maximum willingness to pay for the last unit traded is equal to the
VashaNatasha [74]

<em>That answer is A. True</em>

5 0
3 years ago
Read 2 more answers
Other questions:
  • One of the most controversial aspects of the ada is the provision that requires employers to make reasonable accommodations for
    14·1 answer
  • Unhappy customers equal<br> Less Profit <br> More Profit
    12·1 answer
  • After six months with the company, betty's performance was evaluated by a graphic rating form. the ratings for each statement we
    7·1 answer
  • Production activities are done as needed in order to satisfy a specific demand.
    12·1 answer
  • A canadian agent has an existing client who goes on vacation to Seattle, Washington. The agent wishes to contact the customer in
    6·1 answer
  • In the bond market, the bond demanders are the ________ and the bond suppliers are the ________.
    9·1 answer
  • Does 3d rendering boost the sales ?
    6·1 answer
  • Estimated cash flows appear below for an investment project. The project is required rate of return (IRR) is 11.40%. What is the
    7·1 answer
  • The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
    10·1 answer
  • Pedro argued that ___ could be good. He said if the government owned factories, farms and other means of production, the economy
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!