Answer:
The correct answer is letter "A": Felipe is the owner of the deposits because they became his personal property upon quarry.
Explanation:
In real estate, the chain of title is the document where all the legal owners of a property are registered. This document also includes information if there are minerals below the surface and to whom they belong in case of the purchase of the property. If in the sale contract that information is not specified and there is no clause denying the ownership of minerals to the buyer if found any, the seller is not necessarily the owner of those minerals.
Therefore, if the purchaser quarries minerals found below the surface of property bought, the minerals would belong to the purchaser upon extraction since they became personal property.
The correct matches are as follows:
1. DISTRIBUTION FEE: Management companies pay brokers 0.1% fee for marketing the fund.
In mutual fund business, distribution fee refers to the amount of money that is charged for marketing and selling fund shares. The money is used for such thing as compensating the brokers or those who sell the fund shares, paying for advertisement, printing and mailing of sales literature, etc. The distribution fee is typically capped at 0.75% of mutual asset.
2. ACCOUNT MAINTENANCE FEE: $20 broker fee charged against the mutual fund.
This is the amount of money that a broker charges for maintaing each mutual fund in an account. The fee is paid on a yearly basis by the mutual fund to the broker. Thus, for an investor who hold five mutual funds, his broker will be paid $100 every year.
3. REVENUE SHARING FEE: Payment to company that investors go through to buy the mutual funds.
Revenue sharing is said to occur when the mutual fund company makes payment to the broker or a dealer that is involved in the investment. Revenue sharing can take many form and is usually calculated as a percentage of the invested amount. Revenue sharing serves as incentives to brokers to promote one fund relative to another.
4. SHAREHOLDER SERVICE FEE: 25% broker fee charged against the mutual fund for servicing the account.
This is the amount of money that a broker is paid for servicing an account. Under the current regulations, a broker can be paid as much as 0.25% of the worth of a mutual investment as a payment for servicing the account.
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Answer:
$867,832
Explanation:
Calculation for the market value of the shop's equity
Equity Market value = $819,000 + $65,000 + 1.1($319,000) + .96($21,700) + $26,800 − $414,700
Equity Market value =$819,000 + $65,000 + $350,900+$20,832+$26,800 − $414,700
Equity Market value= $867,832
Therefore the market value of the shop's equity will be $867,832
Answer:
Which of these transactions would produce $10,000 of revenue in December?
BOC collected a $10,000 deposit in December for goods it will ship in January.
Explanation:
From the above analogy, it is only money collected/deposited in December for goods that reflects for revenue generated by BOC in the above mentioned month
