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3 years ago

In most transactions, the buyer is accepting the condition of the property at what point in time:_________

Business

1 answer:

Dmitriy789 [7]3 years ago

7 0

Answer:

b. At the signing of the contract

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent and it is at this point they (buyer and seller) sign the contract. Therefore, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

<em>Hence, in most transactions, the buyer is accepting the condition of the property at the signing of the contract as an approval or consent to the terms and conditions. </em>

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Answer:

C. W-4

Explanation:

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2 years ago

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Augi is the hottest new pop singer, but her agent discovers that Internet sales of Augi's music have been poor due to Internet p

Serggg [28]

Answer:

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2 years ago

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finlep [7]

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Explanation:

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3 years ago

The electrical panel rating should be no smaller than _________.

svlad2 [7]

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3 years ago

Excey Corp. has 10 percent coupon bonds making annual payments with a YTM of 9.5 percent. The current yield on these bonds is 9.

shtirl [24]

Answer:

The number of years would be 4 years to maturity

Explanation:

Let the Face value (FV) be $1,000

So, the PMT will be 10% of Fv

PMT = 10% × $1,000

PMT =$100

Computing the Present Value (PV) of the bond as:

PV = PMT / Current Yield

where

PMT is payment monthly, which the 10% of coupon bond, that is $10

Current Yield will be 9.85% or 0.0985

Putting the values above:

PV = $100/ 0.0985

PV = $1,015.22

Now, computing the number of years using the Excel formula , which is as:

=Nper(rate,pmt,pv,fv,type)

where

Nper is number of years

rate is 9.5%

pmt is $100

pv is -$1,015.22

fv is $1,000

Putting the values above:

=Nper(9.5%,100,-1015.22,1000,0)

= 3.76 or 4 years

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3 years ago