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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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Howard ​Services, Inc., has $ 8 comma 600 cash on hand on January 1. The company requires a minimum cash balance of $ 7 comma 60
skad [1K]

Answer:

The amount of cash to be borrowed = $18,040

Explanation:

The cash budget shows the expected cash payments and expected cash receipts and cash balance at the end of a particular period.

Note that in the cash budget only items of the cash are considered, therefore items like depreciation, amortization of intangible assets and apportionment of fixed costs are not included because they are not cash based.

The balance at the end = opening cash balance + cash receipts -cash payment  

Applying this to Howard ​Services, Inc.

The amount of cash to be borrowed = Minimum cash balance required - Net cash balance

DATA

Opening cash balance - 8600

Cash receipts- 548,570

Cash payment - 567,610

Net cash balance = 8600 + 548,570 - 567,610 = (10,440)

The amount of cash to be borrowed = 7,600 - (10,440)

                                                               =7,600+10,440=18040

The amount of cash to be borrowed = $18,040

<em>Note a negative amount of 10,400 would mean that that would be first borrowed to balance the deficit, and to take the balance to the minimum required cash balance, an addition 7,600 would need to be borrowed</em>.

6 0
3 years ago
you have a business that is dependent on gas. the price of oil increases significantly. as a result, you will... the price of yo
Semenov [28]
Increase the price to make more money to be able to afford oil.
5 0
3 years ago
The following information is available for Trinkle Company for the month of June:
klemol [59]

Answer:

the  true cash balance as on June 30 is  $79,039

Explanation:

The computation of the true cash balance as on June 30 is given below:

Unadjusted Balance as Per Bank Statement on Jun 30  $81,500

Add: Deposit in Transit Jun   $3,150

Less: Outstanding Check Jun30 $(5,611)

True Cash Balance As on Jun 30 $79,039

hence, the  true cash balance as on June 30 is  $79,039

8 0
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Dahasolnce [82]

Answer: Law of demand

Explanation:

The law of demand is defined as when the quantity an the price of the products and the services are increased then the demand the the similar products get decreased as it is inversely proportional with each other.

The other factors or the conditional are become equal or constant and this is also known as the elastic demand. The law of demand is refers to the relationship between price and the quantity of products in the market.

Therefore, Law of demand is the correct answer.

4 0
3 years ago
The primary purpose of using short-term budgets is to: Multiple choice question. keep employees uncomfortable about missing budg
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Answer:

evaluate performance and take necessary corrective action plan for plant asset purchases and disposals

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