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
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

You might be interested in
those people who own the mode of production are typically of than laborers. group of answer choices a lower class the same class
hoa [83]

Those people who own the mode of production are typically of higher class than laborers.

In the Marxist theory of historical materialism, a mode of production refers to a specific combination of the productive forces, which tend to  include the human labour power, and another one is the social and technical relations of production.

So, here Marx says that a person's productive ability and his participation in  the social relations are known to be the two essential characteristics of social reproduction. Thus, those people who tend to own the mode of production are typically of the higher class than the laborers.

Hence, option C is correct.

To learn more about the mode of production here:

brainly.com/question/29320253

#SPJ4

3 0
1 year ago
Which of the following foundation items must be integrated under a concrete cap?
Korolek [52]

Answer:

The answer is C. Driven piles.

Explanation:

Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.

Driven piles are also used in the support of the following structures:

- embankments,

- retaining walls,

- anchorage structures

- cofferdams,

- bulkheads,

- buildings,

- towers,

- bridges,

- tanks,

- walls, etc.

Driven piles are the most cost-effective solution for deep foundation.

3 0
3 years ago
A loss is when:
skad [1K]

Answer:

a if revenue is greater the loss in money will deplinish

6 0
2 years ago
Read 2 more answers
Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
Basile [38]

Answer:

Liabilities increase and assets decrease.

Hope this helps!

3 0
3 years ago
Why is compounding interest monthly better than yearly ?
dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

It is generally said that if you can get monthly annual payments compared to yearly payments take it without a thought. This statement explains a lot; normally month payments are not available, but in some case they are. In annual payments, 12 months are compounded that is why it is higher rate compared to monthly. So, monthly payments are preferred

6 0
3 years ago
Other questions:
  • The fed buys $5 billion worth of treasury bonds on the open market
    11·1 answer
  • You are Steve Jobs. Assess the organizational structure issues happening at Apple? Select one: a. A company that is already big
    14·1 answer
  • Norman Company manufactures customized desks. The following pertains to Job No. 953: Direct materials used $18,800 Direct labor
    7·1 answer
  • Alicia sold her personal residence to Rick on June 30 for $295,000. Before the sale, Alicia paid the real estate tax of $4,425 f
    5·1 answer
  • Imagine that you are a member of the band and you want to purchase some items from a music supply store. Use what you've learned
    6·2 answers
  • True of false the supreme court has ruled that the government can sometimes claim exigent circumstances if the exigency is creat
    15·1 answer
  • What did the Supreme Court decide about whether student fees at public universities can be used to sponsor groups that some stud
    13·1 answer
  • Doris is a member of a team that works to seamlessly execute a large company’s annual shareholder meeting and quarterly board me
    8·1 answer
  • HELP ME PLEASE ILL GIVE CROWN PLEASE!!
    11·1 answer
  • State licensing helps ensure that professionals
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!