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Nadya [2.5K]
3 years ago
6

Daphne, a victim of identity theft, can’t currently qualify for a loan but wants to buy her friend’s condo for $90,000. She coul

d give him $1,000 now, if he promised not to sell to anyone else in the next six months, giving her the opportunity to purchase the property within that time period. This is
Business
1 answer:
stiks02 [169]3 years ago
8 0

Answer:

<em>an option agreement. </em>

Explanation:

The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.

It outlines the agreed-upon price and the transaction's future date.

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3 years ago
Enterprises buys a warehouse for $ 570 comma 000$570,000 to use for its East Coast distribution operations. On the date of theâp
Nitella [24]

Answer:

$570,000

Explanation:

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So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.  

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2 years ago
Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the pro
wariber [46]

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7 0
3 years ago
Read 2 more answers
When the Fed buys bonds from financial institutions, new money moves directly Group of answer choices
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Answer:

out of the loanable funds market.

Explanation:

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Therefore as per the given situation, the fourth option is correct

And, the same is relevant

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2 years ago
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<span>The use of a system in which a physical product - in this case an automobile - is moved from one worker to the other, each of whom performs a specific assigned task upon the product, is known as an assembly line. This is a production concept whose creation is attributed to Ransom Olds, but has also been heavily utilized by Ford Motors since its early days. Specialized robots can also be utilized instead of human labor.</span>
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3 years ago
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