A seller transfers title to a buyer with a general warranty deed. The seller defines the quality of ownership interest conveyed to the buyer in the habendum.
Habendum is an important concept in real estate and property transactions. It may also be used in other transactions related to leases and deeds, for example in the energy sector.
A habendum clause is part of a contract that is concerned with the rights, interests, and other features of ownership that is transferred to the other party. In cases of transfer of rights, for example in relation to a coal mine, it sets out the nature of the right and its duration.
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Answer:
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Answer:
Henri Fayol Model (1841-1925)
Explanation:
Three models are explained below:
- Henri Fayol Model put forth an argument that management in their everyday routine carries our five major functions which are Planning, Organizing, Commanding, Coordinating, and controlling.
- Contemporary Model which involves planning, leading, organizing and controlling operations to achieve organizational goals.
- Systemic Model which relates the core management functions to different characteristics of a system
Answer:
X-Tel budgets selling expense budget (Amounts in $)
Month April May June
Sales commission 10,000 12,000 7,500
Sales Manager's salaries 10,000 10,000 10,000
Total 20,000 22,000 17,500
Explanation:
The selling expense shows the forecast of sales related expenses. These include the manager's salaries and the sales commission. The sales commission is a percentage of projected. It may be computed as follows;
Sales commission for
April
= 10%* $100,000
= $10,000
May
= 10%* $120,000
= $12,000
June
= 10%* $75,000
= $7,500
Answer: False.
Explanation: I did the quiz.
