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artcher [175]
3 years ago
13

After receiving the seller’s transfer disclosure statement, buyer clark rivers is not satisfied that all has been revealed. he’s

heard rumors that a previous tenant died of aids inside the very home he would like to buy. clark demands to know if this is true, since it was not mentioned on the disclosure statement. which of the following is the appropriate legal response the broker must give to clark’s query?a. yes, this is true. a previous tenant, who lived and died here two years ago, did have aids.b. i’m sorry, but the transfer disclosure statement covers all material facts that must be disclosed, and a person having aids is not a material fact, whether or not it would be applicable in this situation.c. i’m sorry, but i am not permitted to answer this question, as it could be a potential civil rights violation, under the federal and state fair housing laws.d. both b and c.
Business
1 answer:
Neporo4naja [7]3 years ago
3 0

Answer:

Both b. and c.

That is

b. i’m sorry, but the transfer disclosure statement covers all material facts that must be disclosed, and a person having aids is not a material fact, whether or not it would be applicable in this situation.

c. i’m sorry, but i am not permitted to answer this question, as it could be a potential civil rights violation, under the federal and state fair housing laws.

Explanation:

In the given instance the buyer if the property is asking if the previous tenant had AIDS and wants to use this information in the purchasing process. This is illegal and could result in legal action due to civil rights violation. Discrimination is not allowed in deciding to do business with another party, and the buyer is trying to discriminate on the grounds that the previous owner had AIDS.

Also in disclosing relevant information, wether the previous owner had AIDS is irrelevant to the sale of the house as it does not affect the quality of the house.

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Which of the following is not a typical adjustment made to the income statement for projection purposes?
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4 years ago
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Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remaind
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Answer:

The amount of cash collected in March should be:

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Total sales                         $50,000    $60,000     $40,000    $30,000

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35% month of sales             17,500       21,000         14,000       10,500

45% month following                            22,500        27,000       18,000

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Total collections in March                                       $51,000

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3 years ago
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