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il63 [147K]
1 year ago
9

a landlord can avoid liability for injuries that occur on rental property by including an exculpatory clause in the lease. True

or False ?
Business
1 answer:
GaryK [48]1 year ago
6 0

False, by including an exonerating clause in the lease, a landlord can avoid being held responsible for accidents that take place on rental property.

Homes bought by an investor and leased to tenants under some other form of rental agreement are referred to as residential rental property. The term "rental property" refers to a piece of residential real estate that a borrower owns outright or acquires, as well as all improvements thereon, as well as all other rights, benefits, and earnings derived from or related to such property. Typically, a rental property should have a ROI of more than 10%, while 5% to 10% can still be considered appropriate. Due to the up-front costs of home ownership, however, the ROI might be lower in the first year. Fixer-uppers typically have a lower list price than turnkey homes, which can result in greater upfront savings.

Learn more about rental property here

brainly.com/question/23513727

#SPJ4

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Builtrite Furniture just paid an annual dividend of $2.50 last week and investors' believe that dividends will continue to grow
Ivenika [448]

Answer:

r = 11.55%

Explanation:

Given that,

Annual dividend paid last week, D1 = $2.50

Dividend growth rate, g = 8%

current price of common stock = $76

Stock price = D1 ÷ (r - g)

$76 = [$2.50 × (1 + 8%)] ÷ (r - 8%)

$76 = 2.7 ÷ (r - 8%)

(r - 8%)  = 0.0355

r = 0.0355 + 0.08

  = 0.1155 × 100

  = 11.55%

Therefore,

Return, r = 11.55%

6 0
3 years ago
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The comp
uysha [10]

Answer:

1. 6,000

2. 7,200

Explanation:

1. Calculation to determine how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period.

Using this formula

Ending inventory=Fixed manufacturing overhead/Units produced*Ending units

Let plug in the formula

Ending inventory=62,000/310*30

Ending inventory=6,000

Therefore how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period is 6,000

2. Preparation of an income statement for the year using variable costing.

IDA SIDHA KARYA Company Variable Costing Income Statement

Units produced cost (130+350+50=530)

Sales $254,800

(280*910)

VARIABLE EXPENSES:

Variable cost of goods sold $148,400

(280*530)

Variable selling and administrative expense $11,200

(280*40)

Contribution margin $95,200

($254,800-$148,400-$11,200)

FIXED EXPENSES:

Fixed manufacturing overhead $62,000

Fixed selling and administrative expense $26,000

Net operating income $7,200

($95,200-$62,000-$26,000)

Therefore the income statement for the year using variable costing is $7,200

5 0
3 years ago
A tax levied on inherited money is known as a/an _______ tax.
Citrus2011 [14]
A tax levied on inherited money is known as a/an _______ tax. 
7 0
3 years ago
Read 2 more answers
Pretend that you are a small business owner in the city of New London. Using the text you just read as well as your knowledge of
Scilla [17]

The Kelo case proved to be a revelation for many New Londoners about their property rights.

<h3>How to illustrate the information?</h3>

Dera editor,

Small business owners have to be careful to avoid falling under the radar of government development projects.

Until now, I was under the impression that eminent domain gave the government the right to take private property as long as it was for public use.

My assumption included that public use defined anything that the public could literally use. Apparently, the court went with a broader interpretation of public use under which “a taking is constitutional if it serves a public purpose” (Kelo v. City of New London).

This interpretation means public use includes anything that is deemed fit for public purpose, even though I or most citizens may not be able to directly use it.

This raises the concern of what all could fall under public use. I trust that the government won’t go on seizing private properties for its unrestrained use. However, the Kelo case still proves to be a matter of concern for me.

Learn more about eminent domain on:

brainly.com/question/9308155

#SPJ1

5 0
2 years ago
In a market with an upward sloping supply curve and a downward sloping demand curve, when the actual price must be higher than t
blondinia [14]

Answer:

excess supply

Explanation:

If price is higher than equilibrium price, quantity demanded would fall while quantity supplied would increase. This is in line with the law of demand and supply

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

This accounts for why the supply curve is positively sloped.

6 0
3 years ago
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