Answer:
Seller retains the right to the property
No professional appraisal is required, so you might pay more than the home is worth
Explanation:
A contract for deed is one that does not have the standard transfer of title from the seller to the owner. Rather the seller of a property retains title ownership while the buyer pays installmentally over time.
This agreement is common where the buyer does not meet requirements to obtain a loan. A small down payment can be made initially.
Disadvantages of contract for deed includes:
- Seller retains rights to the property, and he can cancel the contract if the buyer defaults even once on his payments.
- No professional appraisal is required, so you might pay more than the home is worth. There is no requirement for appraisal of the property so the buyer does not have a reliable estimate of property worth.
Answer:
As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.
Explanation:
Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)
M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.
<span>This is a true statement. This allows for a company to show that there are differences in the quality or the efficacy of a line of products. The more expensive the product is, the more likely it is to be seen as of a higher quality or as having better constituent elements.</span>
The answer is letter A.
<span>The attorney's laptop is the electronic
device that would be considered a node in a lawyer's office network. A node can
be referred to as a device that is linked to the network. Common examples are servers,
workstations, etc.</span>
Answer:
Profit is the amount of money gained by someone or a business after the total costs are taken away from the revenue
profit = total revenue - total costs
it is the surplus left from revenue after taking away all costs