Answer:
Mortgagor
Explanation:
A mortgagor is a person that borrows money from a lender usually called a mortgagee for a real estate purposes.
In a mortgage transaction, the borrower is the the mortgagor while the lender is the mortgagee.
In the case of the above question, Tom is a mortgagor because he is borrowing money from Joe who is a lender and even providing a security for the loan.
Cheers
The price behind the Yeezy allows for the item to be well known. Much like Jordan brand sneakers, its name represents a higher fiscal status.
Answer:
an increase in prices for computers and computer accessories
Explanation:
An increase in income leads to increased demand for products and services. Consumers can afford to buy more products because their disposable income has increased. Should demand increase without a corresponding increase in supply, prices are likely to rise.
Computers and computer accessories are complementary products. These are goods that are used together. An increase in demand for one product results in increased demand for the other. Should consumers have more money to buy computers, the demand for computers will increase, and their prices will also increase.
The correct should be 3 or 4 im not exactly sure they both have to do with force
Answer:
D) $150,000
Explanation:
Insurance proceeds that are not reinvested in replacing damaged property are taxed. Apparently Prime corporation didn't reinvest into replacing the property, so this transaction should be taxed as a property sale. Prime received $400,000 for the building with a $350,000 basis which results in a net gain = $50,000.
The other $100,000 were given as replacement income and therefore should be taxed as such.
So the total taxable amount = $50,000 + $100,000 = $150,000
