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xz_007 [3.2K]
3 years ago
7

Why would a broker or agent need to do a title search on a piece of property that is being sold?

Business
2 answers:
kow [346]3 years ago
7 0
Think of buying a car. Cars have titles (clean, rebuilt, salvage, some others that are irrelevant to ramble on about), and when you’re buying a car, typically you’ll want a clean title. It’s the same here (just real estate titles are not labeled the same). You don’t want to purchase property where legal signatures are invalid on some documents.
patriot [66]3 years ago
6 0

Answer:

A title search is done to insure that there are no leans are owed on the property.  Its to insure that the property is clean of any debt.

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The insured under a $100,000 life insurance policy with a triple indemnity rider for accidental death was killed in a car accide
gregori [183]

Answer:

$100,000

Explanation:

A triple indemnity clause attached to a life insurance policy should pay in case of accidental death three times the amount of the policy. But in order for this clause to be effective, the insured must not have any responsibility in the accident.

In this case, since the accident was caused by the insured, the triple indemnity clause doesn't apply, so the regular amount ($100,000) has to be paid to the beneficiary.

5 0
3 years ago
Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $
matrenka [14]

Answer:

Sell before assembly, the company will be better off by $3 per unit

Explanation:

the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit

Profit = revenue - cost

Profit that would be earned from selling the unassembled unit = $52 - $24 = $28

Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25

The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit

3 0
3 years ago
The general manager at the Las Vegas Convention Center is planning to expand its functional area, especially the operations depa
Andru [333]

Answer:

A. Customer service friendliness and genuinenss in helping guest

Explanation:

5 0
4 years ago
First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. I
Masja [62]

Answer with its Explanation:

Free Money means the money that has to be paid back to the money lender within a reasonable time. The money lender usually is a trader who sells his product at credit allowing his customer a reasonable period to payback. Furthermore, the free money is termed free because they are interest free lendings.

In real life, free money is can be availed by purchasing products from the suppliers if you are acting as a middle man in the distribution channel or you are a small customer and your borrowings doesn't impact the supplier. Almost all of the businesses lend free money in the form of products because allowing credit increases the sales of the organizations.

6 0
3 years ago
Which of the following is considered an order winner in an automobile? Select one: a. A comfortable seating arrangement that is
Vinvika [58]

Answer:

The answer is: D) A good-quality radio particular to that brand of automobile

Explanation:

An order winner is a product´s characteristic that will make a client decide to purchase the product. Order qualifiers are products´ characteristics that makes the product be considered as a purchase option by customers. Order qualifiers are like minimum market standards that products must meet to be able to compete in that market.

In this question the only characteristic unique to the car manufacturer was the good quality radio (order winner). All the other characteristics were similar between brands or car designs.

8 0
4 years ago
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