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Pepsi [2]
2 years ago
5

the clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the not

e has been fully paid is
Business
1 answer:
pashok25 [27]2 years ago
5 0

The clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is <u>defeasance</u>

<u></u>

<h3>What Is Defeasance?</h3>

When the borrower sets aside cash or bonds big enough to pay the obligation, the contract's defeasance clause renders the bond or loan worthless on the balance sheet. The outstanding debt and cash balance on the balance sheet are equal, thus they do not need to be reported because the borrower sets aside funds to pay down the bonds.

Buying commercial real estate is one instance of using defeasance. Due to commitments to bondholders having a stake in the commercial mortgage-backed securities (CMBS) that houses the loan, commercial loans may have hefty prepayment penalties in contrast to home mortgages.

To learn more about defeasance from given link

brainly.com/question/17253783

#SPJ4

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Which most likely occurs because resources are nonrenewable and because wants and needs are unlimited?
Wittaler [7]

Answer: b). Scarcity

Explanation:

Scarcity refers to the relative shortage of resources in comparison to human wants.

Non-renewable resources refer to the resources which do not renew itself at a sustainable rate and have the risk of depletion. In addition to this, human wants are unlimited, a normal human being wants more and more of everything.

When non-renewable resources and unlimited wants are combined together they lead to the shortage of resources, which lead to its <em>scarcity</em>.  

8 0
3 years ago
Read 2 more answers
What work-related tasks do you think would be appropriate to be delivered electronically, and what types do you feel would be be
Mandarinka [93]

Answer:

What I feel would be appropriate to be delivered electronically:

- Sending Daily report

- Requesting invoice for petty cash

- Working schedule

- Creating list of tasks.

I think every activities that does not necessarily need a lot of human communication should be delivered electronically . it just safe a lot of time and make it accessible anywhere you want.

What i feel would be better delivered in traditional setting:

- Brainstorming

- Firing people

I believe group brainstorming will be more efficient if team members spare their time to gather together in a private setting and focus on doing so. Doing it electronically will make it hard to communicate and some team members might not focusing on the task.

Firing people also should be done face-to-face. Even though this person is about to be kicked out of the team, we need to know that we appreciate what they've done to the team. Firing using electronic media just seems cold and impersonal.

5 0
3 years ago
The February contribution format income statement of XYZ Corporation appears below: Sales $ 169,500 Variable expenses 96,000 Con
Liono4ka [1.6K]

Answer:

degree of operating leverage= 4.742

Explanation:

Giving the following information:

Contribution margin 73,500

Net operating income $ 15,500

<u>To calculate the degree of operational leverage, we need to use the following formula:</u>

degree of operating leverage= Total contribution margin / operating income

degree of operating leverage= 73,500 / 15,500

degree of operating leverage= 4.742

4 0
3 years ago
Calloway department store buys jackets for $19.75 each and sells them for $37.88 each. what is the markup rate based on cost?
Svet_ta [14]

Answer : The markup rate based on cost is 91.79747%.

We have

Selling price per jacket = $37.88

Cost per jacket = $19.75

Markup rate =[\frac{Selling Price - Cost}{Cost}] * 100

Substituting the values in the formula above we get,

Markup rate = [\frac{37.88-19.75}{19.75}] *100

Markup rate = [\frac{18.13}{19.75}] *100

Markup rate = 91.79746835%

8 0
3 years ago
The balance sheet below reflects Zee Bank after its purchase of $65 million in government securities from the Fed. Assume a requ
hjlf

Answer:

Option (C) is correct.

Explanation:

The money multiplier = 1 ÷ reserve ratio

                                    = 1 ÷ 0.1

                                    = 10

If a bank purchases $65 million of government securities from the Fed then this will reduce the money supply in the economy because the money from the bank is going.

The decrease in money supply:

= purchase amount × money multiplier

= 65 × 10

= 650 million

8 0
3 years ago
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