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Advocard [28]
1 year ago
14

Gray purchases a home from black. gray will pay $700 a month, and a balloon payment and title transfer will take place in five y

ears. this is a:_____.
Business
1 answer:
Darina [25.2K]1 year ago
5 0

Gray purchases a home from black. gray will pay $700 a month, and a balloon payment and title transfer will take place in five years. this is a contract for deed.

A contract for deed  which is sometimes called as an installment purchase contract or installment sale agreement,  is a real estate transaction in which the seller finances the  purchase of the property rather than a third party  such as a bank or credit union or any other mortgage lender does.

It is often used when any buyer does not qualify for a conventional mortgage.

Contracts for deed are a financing option for property transactions between family members or friends. Some nonprofit housing organizations also use them to help the low income families  in finding a path to homeownership.

To know more about contract for deed here:

brainly.com/question/12981243

#SPJ4

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True Ketchup Inc. manufactures and distributes sauces, pickles, and spices. The company has separate divisions responsible for d
DaniilM [7]

Answer:

Product

Explanation:

Product departmentalization is the process of organizing employees based on the product line they work with. For each product line, there are departments with functions ranging from the production to the sales for that particular product.

Since True Ketchup Inc. has separate departments responsible for developing and marketing each product, they have adopted a product departmentalization approach.

6 0
3 years ago
Read 2 more answers
A(n) ________ is a type of trade penalty imposed on one or more countries by one or more other countries.
lyudmila [28]
A tariff is a type of trade penalty imposed on one or more countries by one or more other countries.
6 0
3 years ago
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Issuers of coupon bondsmake a single payment of principal when the bonds matures, but multiple payments of interest over the lif
qaws [65]

Answer:Make a single payment of principal when the bonds matured but multiple payment of interest over the life of the bond.

2.0600

Explanation:

Bonds normally has a life of span from one upward for which interest will be paid to the investors as compensation for use of their fund and the principal sum will be refunded on the expiration of the bond life.

The return on a bond is fixed as specified in the bond contract the inability to make payment as at when due may not affect the return obtainable from the bond initial contract.

3 0
3 years ago
Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
Free_Kalibri [48]

Answer:

negligence per se

Explanation:

Negligence per se -

According to this offense , it is the breaking of the statute , which is applied to save the people from a particular type of danger or harm .

It is based on , the duty of care .

And , the duty of care , is determined by the jury under the normal negligence rules .

Similarly in the question , Ted hit Zoey accidentally and constitutes ,  negligence per se .

6 0
4 years ago
Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
pashok25 [27]

Answer:

$579,000

Explanation:

The cash payment in September would be made of 35% purchases in September and 65% of the purchase made in August (the previous month).

Hence

Cash payment in September = (35% × $670,000) + (65% × $530,000)

= $579,000

the cash payment for September is $579,000

3 0
4 years ago
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