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taurus [48]
3 years ago
11

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

Business
1 answer:
horrorfan [7]3 years ago
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.
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John Smith works 40 hours for ABC Corp. for $15 per hour. Required payroll deductions are: Social Security $37.20, Medicare $8.7
finlep [7]

Answer:

salary and wages increase by $600

Explanation:

given data

work = 40 hours

per hour cost = $15

Social Security = $37.20

Medicare $8.70

federal income tax = $58

state income tax = $10

solution

as we know that

Federal Unemployment are $4.80  and Social Security is  $37.20

Medicare =  $8.70  and state Unemployment  $24.6

so total  payable in form of salaries and wages increase $675.3 than actual pay $600

and when salary is paid by company it is for expenditure

and salary and wage payable account is debited

so cash account and state and federal tax payable is credit

so that entry record increase the expenditure

so salary and wages increase by $600

8 0
3 years ago
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Gnoma [55]

The correct answer is true. It is because if the contract term is likely ambiguous, the court will likely consider this as an extrinsic evidence or that the ambiguity is likely to be interpreted against the party who is responsible for drafting the term.

3 0
4 years ago
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ziro4ka [17]

Answer:

true

Explanation:

A corporation is a  form of business that gives room for seprate , legal entity but it is usually guided by some group of intelectuals referred to as board of directors. The corporation structure is the most advantageous way to kick start a business because it is  the corporation operates as a separate entity.

Corporation has all the legal rights of an individual except some little limitations on  right to voting and some other little limitations.

5 0
3 years ago
What happen when unity is not there?​
denis-greek [22]
If there is no unity in a shared system, then diversity can become chaos.
5 0
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Diano4ka-milaya [45]

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Through this process it is possible to control, how many units are started in a period and how many are finished in that period.

5 0
4 years ago
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