All categories

3 years ago

What are the disadvantages of a contract for deed? Write at least 2

Business

1 answer:

nikitadnepr [17]3 years ago

4 0

Answer:

Explanation:

A Contract for Deed refers to the tool which allows buyers who do not qualify for conventional lending, or buyers who are in need of a faster financing option to purchase a property.

The seller will still retain the legal rights to the property until the balance of the payment is made. The legal rights are only transferred after the buyer has made the final payment.

Disadvantages Include:

To the seller, clearing the title may take time and money if the buyer defaults on the contract.
The seller can decide to foreclose on the property if the buyer defaults, and the buyer has no recourse against the seller.

You might be interested in

Jan and Sam have all of their 2018 tax documents ready to bring to George to prepare their return. These documents include a W-2

Nonamiya [84]

Answer:

The answer is b. $104,800

Explanation:

W-2 for Jan $52,300+ Sam $48,700 + canceled debt income of $1,800 + state lottery winnings of $2,000 = $104,800

7 0

3 years ago

Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty

eimsori [14]

Answer:

both companies should invest because the NPV of both companies are positive

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = - $8.4 million

Cash flow in year 1-7 = $2.2 million

NPV of Lester with I of 15.8% = 0.54 million

NPV of Med Inc with I of 13.7% = 1.12 million

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

0.54

1.12

5 0

3 years ago

select all of the following that are companies that paid dividends for 100 consecutive years. a. bp b. stanley works c. corning

nevsk [136]

The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

<h3>What is dividend?</h3>

Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.

Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.

Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.

Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

Learn more about dividend here:brainly.com/question/2960815

brainly.com/question/3161471

#SPJ1

7 0

2 years ago

___________business that is carried out across national borders, including international trade, foreign manufacturing, and the g

maksim [4K]

Answer:

International business is the correct answer.

Explanation:

International business includes all economic activities that take place for the movement of resources, services, goods, people, thoughts, and technologies across national borders.

International business is important because International exchange makes the business more successful and to increase the market of its country.
The benefits of international business are: It Increase the Organization's reputation and expand the Company Markets.

5 0

4 years ago

g Call options on IBM-listed stock options are Group of answer choices created by investors and traded on various exchanges. iss

Scorpion4ik [409]

Answer: Created by investors and traded on various exchanges

Explanation:

Call options are contracts that give the buyer the right to buy the underlying assets of the option on a particular date at a set price by exercising the option. American Call options can be exercised anytime before the date listed in the contract as well.

Call options are created by people who already own stock in the company i.e investors in IBM and traded on various exchanges such as the Chicago Board Options Exchange. It acts as a supplementary way to make income from stock if the investors do not believe that the stock price will go up thus enabling them to make income from the contract price.

8 0

3 years ago