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
larisa [96]
3 years ago
9

The Smiths are purchasing a completely furnished cottage on a lake. They have obtained a deed of trust loan to cover the price o

f the property, including all furnishings and appliances. This type of financing is called a(n):____________
Business
1 answer:
Pachacha [2.7K]3 years ago
8 0

The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust

Explanation:

Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan

This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money

You might be interested in
Brianna is the top-performing cheerleader and captain of the cheer team. Which of the following statements would result in the a
Reptile [31]
C should be the correct answer if not it’s A
3 0
3 years ago
On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere
skad [1K]

Answer:

b.$296,500.

Explanation:

Calculation to determine what Greene should report as unamortized bond discount

First step is to calculate the discount amount

Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)

Discount Amount= $18,500

Now let determine the unamortized bond discount

Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500

Therefore Greene should report unamortized bond discount of $296,500

5 0
2 years ago
Monopolist can produce at a constant average​ (and marginal) cost of
ankoles [38]
A monopolist can produce at a constant average (and marginal<span>) </span>cost of<span> AC = MC = $5</span>
8 0
3 years ago
Explain why peccarelli returned to guatemala and describe the goals his team are trying to accomplish.
Leno4ka [110]

The reason why Peccarelli returned to Guatemala was to look for the bodies of a tragedy that happened in his childhood and help identify them. His team’s goals are to talk to the families of the deceased and to give the families closure.

7 0
3 years ago
Is there a potential problem if governments continually finance goods and services by borrowing money ? A.Yes, it is unconstitut
frosja888 [35]
The answer is B,"Yes, eventually their debts must be repaid with interest.

4 0
3 years ago
Read 2 more answers
Other questions:
  • What would be the journal entry for each of the listed transactions? For each transaction, how Cedar Fair’s assets, liabilities,
    7·1 answer
  • Which of the following should you do during an interview?
    9·2 answers
  • You have bought a house today at the price of $500,000. In the next two years, you will get a rent of $50,000 each year. In year
    7·1 answer
  • Will and Lyndsey are married with no dependents and file a joint tax return. In 2019, they paid $3,000 in qualified student loan
    14·1 answer
  • Long-term debt ratio 0.3
    14·1 answer
  • Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $60,000 to produc
    11·1 answer
  • Explain how growing personal income is related to economic conditions.
    7·1 answer
  • Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War
    6·1 answer
  • Why should a notary signing agent learn all about the closing documents in a loan package if they are not allowed to provide adv
    15·1 answer
  • Rolando purchases 13 shares of COIN at $325 per share. If he sells the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!