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Aneli [31]
3 years ago
15

What is the difference between Special warranty deed vs general warranty deed

Business
1 answer:
GenaCL600 [577]3 years ago
6 0

General warranty deed  and Special warranty deed are warranty deeds used for real estate sales where belongings, either residential or commercial, is transferred between organization unacquainted with each other. Possession of a property is transferred from the seller to the buyer with definite assurance against future problems or claims, which will defend the buyer against fraud.  

However, the assurance in a General warranty deed will cover the belongings entire previous account, the  Special warranty deed will only covers the time period for which the seller owned it. While the seller in a General warranty deed has to protect the title against all other assertion and compensate the buyer for any tentative debts or amends, the seller in Special warranty deed is only responsible for debts and problems accumulated or caused during his possession of the belongings.

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You met Tevin on a social media website. He was a personable, effective communicator. While online, he asked for a donation to a
stiv31 [10]

Answer:

The component of competent communication that Tevin is missing is ethics.

Explanation:

Competent communication is about communicating in a form that is effective and adequate in a specific situation and the are five components which are: self-awareness, adaptability, empathy, cognitive complexity and ethics. In this case, the answer is ethics because it is about being able to communicate in a form that shows a good behavior avoiding taking advantage of the other person and Tevin committed fraud which is not ethic.

5 0
3 years ago
Slimline and Distributor signed a contract providing that Distributor would use reasonable efforts to promote and sell Slimline’
Sveta_85 [38]

Answer: In this case,<em> </em><em><u>Slimline would win the case</u></em> because <u><em>Distributor's conduct and less inclination towards the product is breach of the contract.</em></u> Therefore Slimline sued Distributor, alleging a violation of the agreement.

Hence, in this case Slimline is more likely to win the case as it was asked of the distributor to use reasonable efforts to promote and sell Slimline’s diet drink.

3 0
3 years ago
Eric wants to invest in government securities that promise to pay $1,000 at maturity. The opportunity cost (interest rate) of ho
Scrat [10]

Answer:

The second option which 5 years to maturity exhibited a lower price of

$523.95  

Explanation:

In order to ascertain the option with lower, it is important we determine the price of each investment based on the fact the price of an investment opportunity today is the present value of its future cash flow is the maturity value of $1000 in both cases:

a.

PV=FV/(1+r)^n

PV=price of investment

FV=future value=$1000

r= 13.80%.

n=4 years

PV=$1000/(1+13.80%)^4

PV=$596.25

b.

PV=FV/(1+r)^n

PV=price of investment

FV=future value=$1000

r= 13.80%.

n=5 years

PV=$1000/(1+13.80%)^5

PV= $523.95  

7 0
3 years ago
Beige Corporation, a C corporation, purchases a warehouse on August 1, 2007, for $1 million. Straight-line depreciation is taken
olchik [2.2K]

Answer and Explanation:

The computation of the amount and character of the gain recorded is shown below:

1. Recognized gain would be

= Sales - the cost of the property - recovery cost

= $1,200,000 - $1,000,000 - $411,750

= $611,750

2. Now as per the section 1245 the potential recapture is $411,750

3. Now extra section 291 ordinary income in the case when it is a corporation

= $411,750 ×20%

= $82,350

4. And finally $82,350 would be considered as an ordinary income under section 291 while the remaining balance i.e.

= $611,750 - $82,350

= $529,400

This amount would be considered as a gain under section 1231

5 0
2 years ago
Dante, an operations manager at Therma-Pro Insulation, has been put on a big project with a tight deadline. He distributes half
gregori [183]

Answer: Delegation.

Explanation:

Dante being the operations manager in his company has delegated, half of the project work to the supervisors working under him. Delegation involves a higher authority giving a duty to a subordinate to carry-out, of which the subordinate must give a report at the end, on how the duty was carried out.

8 0
3 years ago
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