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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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On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
hram777 [196]

Answer:

$120,000

Explanation:

Given that,

stock options = 90,000

Each option can be exercised to acquire one share of $1 par common stock for $12.

Total Value of the option = stock options × fair value of the options

                                          = $90,000 × $5

                                          = $450,000

company to estimate that 10% of the options would be forfeited, so,

= 90% of Total Value of the option

= 0.9 × $450,000

= $405,000

2 out of 3 years = $405,000 × 2/3

                           = $270,000

=\frac{Total\ value\ of\ the\ options}{no.\ of\ years}

=\frac{450,000}{3}

= $150,000

Compensation expense (2019) = $270,000 - $150,000

                                                    = $120,000

6 0
3 years ago
Professionalism is a skill necessary for......
kykrilka [37]

Professional skills are career competencies that often are not taught (or acquired) as part of the coursework required to earn your masters or PhD.

4 0
3 years ago
Read 2 more answers
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro
Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0
3 years ago
A business ____ is the way a company operates to generate revenues and remain a viable entity.
antoniya [11.8K]
I think the missing word is Plan but I'm not sure.
7 0
3 years ago
Punch Corporation acquired 80% ownership of Jud Corporation in 2017, at underlying book value. On that date, the fair value of n
Ilia_Sergeevich [38]

Answer:

The amount of consolidated net income that will be assigned to the controlling interest for 2018 is $ 48,000.

Explanation:

In order to calculate consolidated net income profit and loss on intra group transactions are eliminated or not taken into account. So in order to calculate profit cost incurred by group is taken as cost of good sold and sales that is made to third party will be taken as revenue. Detail calculations are given below.

Revenue           $ 100,000

COGS               ($   40,000)      (50,000 *80%)

Profit                 $   60,000-A

Consolidated net income controlling interest = A * 80% = $ 48,000

6 0
3 years ago
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