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Vitek1552 [10]
2 years ago
10

buyer most likely sue for specific performance? select one: a. if the seller did not inform the buyer that the property being pu

rchased is a servient estate (easement placed upon it). b. if the seller defaulted on the contract before closing c. if the broker lied about the location of the schools d. if the salesperson misquoted the size of the lot jump to...
Business
1 answer:
Kobotan [32]2 years ago
4 0

buyer most likely sue for specific performance if the seller defaulted on the contract before closing

A Sale and Purchase Agreement (SPA) is what, exactly?

A Sale and Purchase Agreement (SPA) is a contractual agreement describing the terms on which the buyer and seller of a property have come to an understanding (e.g., a corporation). In any sale transaction, it serves as the primary legal document. Essentially, it outlines the agreed-upon terms of the transaction, offers several significant safeguards to all parties involved, and establishes the legal framework needed to finalize the sale. Therefore, the SPA is extremely important to both sellers and buyers.

to know more about A Sale and Purchase Agreement

brainly.com/question/27180298

#SPJ4

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Ortega Industries manufactures 19,900 components per year. The manufacturing cost of the components was determined to be as foll
professor190 [17]

Answer: Increased profit as opposed to making them internally.

Explanation:

Make or buy decisions are management decisions as to whether production components should be produced internally or outsourced.

Buy decision

Unit price= $34

Total unites= 19900

Total cost= $34*19900=$676,600

Make decision

$

Direct materials 178,000

Direct Labor. 380,000

Variable overhead. 104,000

Relevant fixed overhead 260,000

Total $922,000

Unit price for make=922000/19900

Unit price=$46.33

Since buying outside is more cheaper than producing internally, it will be more profitable to outsource(buy).

6 0
3 years ago
In economics what does the term market referred to
Taya2010 [7]

I think it is the exchange of goods or services, which can be with or without money.

4 0
3 years ago
Read 2 more answers
True or False: In the event of the firm's bankruptcy, the most shareholders can lose is their original investment in the firm's
KATRIN_1 [288]

Answer:

The answer is true.

Explanation:

Preference or preferred shareholders are synonymous to lenders to a business or company. Preferred shares are like debt to a business. They possess the characteristics of both debt and equity and in the case of liquidation, they have to be settled first. Common shareholders are the last shareholders to settled.

3 0
3 years ago
Jim Smith is a salesman who receives a $1,100 draw per week against his commission. He receives a 12% commission as an incentive
blondinia [14]

Answer:

$29,000

Explanation:

Given that:

  • Draw per week: $1,100
  • Commission rate: 12%
  • Sales for Jim were $205,000 for the month.
  • 4 weeks in a month

Assuming a four-week month, Jim's commission :

Commission on revenue + commission of total draws

= $205,000*12% + 4*$1,100

= $24,600+ $4,400

= $29,000

Hope it will find you well.

3 0
4 years ago
The firm will produce output in the short run only if the market price is at least equal to__________.
Alex777 [14]

The firm will produce output in the short run only if the market price is at least equal to the <u>average cost</u>.

In both the short run and the long run, rate equals marginal revenue. The firm must increase output so long as marginal sales exceed marginal fee, and reduce output if marginal sales is much less than marginal fee. earnings are maximized while marginal sales equal marginal fee.

Short-run price is determined by means of short-run equilibrium among call for and supply. deliver curve in the brief run under perfect opposition is a lateral summation of the quick-run marginal value curves of the company.

Learn more about Short-run price here: brainly.com/question/14537411

#SPJ4

4 0
1 year ago
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