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1 year ago

what is the legal avenue for an owner who wants to dispose of his or her interest against the wishes of other co-owners?

1 answer:

6 0

The legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

<h3>What is a Partition Suit?</h3>

A partition suit can be described as a way of seeking remedy to dispute in real estate ownership, whereby the co-owners do not seem to agree on keeping or selling a piece of property.

For a partition suit to be won, the co-owner must be in the right standing to even initiate one.

Thus, the legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

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Suppose that you just paid $76,000 for a security that will make its first payment to you in 7 years from today. It will continu

iogann1982 [59]

Answer:

$5,346.98

Explanation:

Initial cash flow = 76,000

Discount rate = 5%

Suppose the C.F. in the 7th year is x which will flow till perpetuity

Present value of annual cash flow till perpetuity = Annual cash flow / Discount rate

PV at the 7th year = x/0.05

Discount factor = (1 + r)^n

Discount rate = 5%

Years D. factor Cash flows

0 0 76,000

1 0.952381 -

2 0.907029 -

3 0.863838 -

4 0.822702 -

5 0.783526 -

6 0.746215 -

7 0.710681 x/0.05

So, 76000 = 0.710681 *(x/0.05)

76000 / 0.710681 = x / 0.05

x = 76000 / 0.710681 * 0.05

x = 5346.98408990813

x = 5346.98

Hence, if the interest rate is 5%, $5346.98 will be received annually from the 7th year

7 0

2 years ago

A cash dividend payment to shareholders during the year should be reported on the statement of cash flows as:Multiple ChoiceAn i

mafiozo [28]

Answer:

A decrease in cash flows from financing activities

Explanation:

When cash dividend is paid,

It is an outflow of cash as paid, therefore it will decrease the cash flows.

Further dividend is paid to equity, or preference capital raised for business, which is a financing activity.

Therefore, a cash dividend paid to shareholders will result in decrease in cash flow from financing activities.

Whereas cash dividend received is investing activity.

Final Answer

A decrease in cash flows from financing activities.

3 0

2 years ago

Read 2 more answers

They were totally excited to be getting a new system. It would allow them to conduct a remote discussion of the budget with the

slamgirl [31]

Answer:

The correct answer is letter "C": They were excited about the video conference system.

Explanation:

In order to make sentences more professional and direct, they must be objective. It implies any point of view, perspective, comment, or any subjective piece of information should be deleted so the statement is unbiased. By doing this, we avoid exaggerations or misunderstandings from the author.

In the sentence: