Over the life of a mortgage, the payment to principal ________ and the portion to interest expense _______

Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to affor

artcher [175]

Answer:

No.

Explanation:

The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.

6 0

3 years ago

What is the equivalent expression of 21p + 35q

Mashcka [7]

$21p + 35q =\boxed{\bf{7(3p+5q)}}$

4 0

4 years ago

A corporation sells securities to an investment banking firm on January 1st. The next day an international oil crisis causes sto

Gnesinka [82]

Answer:

The correct answer is underwriting.

Explanation:

The insurance involves the transfer of risks that tries to eliminate some of the negative economic consequences of the claims, so that the amount of the damages or losses that a part suffers are distributed among a community of people that jointly supports it, with a much smaller effect than if the damage arises individually. From a mathematical point of view, insurance transforms the risks to which people are subjected to bearable probabilities through an organization.

3 0

4 years ago

which process of change requires an individual to thoughtfully reappraise their problem, including a current assessment who the

Vesnalui [34]

The correct answer is Self-reevaluation

4 0

3 years ago

Porika Company purchased a truck for $57,000. The company expected the truck to last four years or 100,000 miles, with an estima

zhannawk [14.2K]

Answer:

Units-of-activity Depreciation : $ 13,770

Double Declining Method Depreciation For the Second Year= $ 9120

Explanation:

Formula: Units-of-activity Depreciation

Annual Depreciation= Depreciable Value×Units produced during the year/Estimated total production

Annual Depreciation = $ 51,000 * 27000/100,000

= $ 13,770

Depreciable Value = Original cost – Scrap value

Depreciable Value = $57000 - $6000= $ 51000

Formula : Double Declining Method

Double Of Straight Line Method Depreciation Rate = 2 * 1/10= 2* 10%= 20%

20 % of $ 57,000 for the first year= $ 11,400

Depreciation 20 % of $ 45,600 for the second year= $ 9120

8 0

3 years ago

Over the life of a mortgage, the payment to principal ________ and the portion to interest expense ________.

Over the life of a mortgage, the payment to principal and the portion to interest expense .