1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rina8888 [55]
2 years ago
11

The division of expenses and income between a buyer and seller at closing is known as…?

Business
1 answer:
Fiesta28 [93]2 years ago
3 0

Answer:

Prorating

Explanation:

Prorating refers to the amount that the seller is usually liable to pay the buyer as for the period of closing the deal to the date it is actually closed.

Basically any amount of rent that is earned by the seller on the property which is meant to be sold and that the buyer expected to settle the deal, on a date previous to the actual date on which the deal is done, then the amount of rent for such period is called prorated.

That is the closing amount of expenses or income in between the seller and the buyer, in a real estate transaction.

You might be interested in
At the end of 2020, Ivanhoe Co. has accounts receivable of $740,700 and an allowance for doubtful accounts of $71,600. On Januar
Mila [183]

Answer:

Altogether, there is $824,900 recieved!

Explanation:

Please mark brainliest! Have a nice day!

6 0
3 years ago
In the context of foreign market entry, ________ requires no equity investment and thus has a low risk, low rate of return, and
Oksanka [162]

it is B because franchising is the best option

7 0
3 years ago
Read 2 more answers
Maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. The lender did not need her credit h
Norma-Jean [14]

Answer:

It would be A Raina is correct because the loan is a line of credit.

Explanation:

Hope this helps!

8 0
3 years ago
Read 2 more answers
If workers are more educated, then short-run aggregate supply ___________.
Yakvenalex [24]

Answer:

O will increase and output and price level will increase as well.

Explanation:

If workers are more educated, the productivity of the country will increase, increasing total output. As investment in training increases, so thus the workers' capacity to perform more efficiently. Also, when the demand for better (or more) trained workers increases, the salary level will also increase. As workers gain training and/or experience, their salaries increase, e.g. on average, a person with a college degree earns much more than someone with just a high school degree. This increase in the level of salaries will lead to an increase in the general price level.

5 0
2 years ago
Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of
ValentinkaMS [17]
140000 is the answer
5 0
3 years ago
Read 2 more answers
Other questions:
  • Productivity increases when
    5·1 answer
  • Suppose a security has a bid price of $100 and an ask price of $100.12. At what price can the market-maker purchase a security?
    5·1 answer
  • I wanna to know answers for this questions
    11·2 answers
  • A company is trying to decide how many workers to hire. They want to maximize profits. What is the maximum number of workers the
    14·2 answers
  • A 12-month insurance policy was purchased on Dec. 1 for $4,800 and the Prepaid insurance account was initially increased for the
    5·1 answer
  • Which of the following is NOT something that can be gleaned from a company's SWOT? How to improve a company's strategy by using
    7·1 answer
  • If a regulator sets price where P = AC for a natural monopoly, output will be A. less than the competitive level and greater tha
    8·1 answer
  • A plantwide overhead rate based on direct labor hours is ______ appropriate.
    12·1 answer
  • A possible cause of favourable material price is
    12·1 answer
  • Why is it important for an exception/interrupt handler to save the $at register immediately after being invoked?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!