All categories

3 years ago

The title company charges a fee to effect the closing on behalf of the buyer and seller. who bears the cost of this?

1 answer:

4 0

To have a fundamental and legal basis, there should always be a purchase contract between the buyer and the seller. This contract contains the agreement and requirements for the purchase to proceed. So in this case, it is always agreed in the contract who pays the cost.

You might be interested in

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order

podryga [215]

Sonic corporation, founded as Sonic drive-In and more generally called Sonic "The force-In," is an American power-in speedy meals restaurant chain owned with the aid of inspire manufacturers, the discern employer of Arby's and Buffalo Wild Wings.

The agency, based by way of Troy N. Smith Sr. (1922–2009), opened its first location in 1953, below the name top Hat drive-In. Initially, a stroll up root beer stand out of doors a log cabin steakhouse selling soda, hamburgers, and hotdogs; Sonic, presently has three,549 locations inside the united states.

The employer's core products include the "Chili Cheese Coney", "Sonic Cheeseburger combo", "Sonic Blasts", "master Shakes", and "Wacky p.c. youngsters food." The organization also has a breakfast menu. although Sonic has operated because the early 1950s, Sonic Corp. incorporated in Delaware in 1990. It has its company headquarters in Oklahoma city; the headquarters building features a dine-in Sonic eating place in an adjacent building. prior to its acquisition by way of encourage manufacturers, its inventory traded on NASDAQ with the symbol SONC. Most eating places are owned and operated with the aid of franchisees. Total 2016 sales were around $100 million with internet profits of $18 million.

Learn more about Sonic Corporation here:-

brainly.com/question/25583824

#SPJ4

4 0

1 year ago

Please post detailed answers to the following questions. Please use complete sentences. How can the use of technology both help

qaws [65]

Answer:

Technology has made our lives simpler and easy. With the help of technology we can stay connected even if we live miles away from our close ones. But on the other hand it also separates us from the real world.

There are pros and cons of everything and technology can also be said as curse and boon for our society. Excessive use of anything can be harmful. With the increasing technological advancement there is increase in crimes as well.

8 0

2 years ago

The two main official measures of money in the united states today are ______. The two main official measures of money in the u

kirill115 [55]

M1 and M2 are the 2 main official measure of money.

M1 measures more liquid assets that are easily accessible to the owner including cash and checking accounts. M2 measures all of M1 plus "near money" which is money tied up in investments like savings, mutual funds, and other investments.

5 0

3 years ago

Skysong Inc. issued $4,490,000 par value, 7% convertible bonds at 98 for cash. If the bonds had not included the conversion feat

Ainat [17]

Answer:

Cash 4,400,200 debit

Discount on BP 89,800 debit

Bonds Payable 4,490,000 credit

Explanation:

The company should represent reality which is what actually occur:

the company issued bonds with a face value of 4,490,000

Then, it receive cash for 98/100 of this ammount:

4,490,000 x 98/100 = 4,400,200

The difference between face value and the proceeds will be a discount when negative and premium when above:

4,400,200 - 4,490,000 = <em>-89,800</em>

as it is negative, this is a discount.

8 0

3 years ago

Write three democratic system government

Dafna1 [17]

Answer:

Direct democracy.

Representative democracy.

Constitutional democracy.

Monitory democracy.

Explanation:

i think this is correct answer based off you question.

6 0

2 years ago