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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

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Explanation:

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The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ
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Answer:

$500 million

Explanation:

The solution of the money supply and its effect is here below:-

Decrease in money supply = $50 million ÷ reserve ratio

= $50 million ÷ 10%

= $500 million

If $50 million were used to repay loans, that will have raised money supply. Thus, buying $50 million in government securities from the fed reduces the supply of capital.

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Sophie, the CFO of Slolum Ski Supplies, received a watch from one of her company's largest vendors, Colorado Ski Shoppe. She rec
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the correct answer is

c. Whether the gift was reasonable in the circumstances.

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3 years ago
DeAngelo did solid research before founding a food-tour company in a coastal community. He used information gained by his compet
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Answer:

Programmed decisions.

Explanation:

Decision-making is a process of selection from a set of alternative courses of action,which is thought to fulfill the objectives of the decision problem more satisfactorily than others.

Decision making can be regarded as the cognitive process resulting in the selection of a course of action among several alternatives. Every decision making process produces a final choice.

Types of Decision Making:

• PROGRAMMED DECISIONS : A programmed decision is one that is fairly structured or recurs with some frequency.

A decision that is repetitive and routine, in which a definite method for its solution can be established. Examples: pricing standard customer orders, determining billing dates, recording office supplies etc.

• NON-PROGRAMMED DECISIONS : Non-programmed decisions are relatively unstructured and may occurs much less often. They are made in response to situations that are unique, are poorly defined and largely unstructured.

6 0
3 years ago
If a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the lo
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The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.

<h3>What is negative amortization?</h3>

A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

Learn more about negative amortization here:

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6 0
2 years ago
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