All categories

4 years ago

Which of the following statements about renting and owning is correct

Business

2 answers:

il63 [147K]4 years ago

8 0

d. is the correct option.

Both renter and owner has responsibilityfor renting and owning.

Further explanation:

Renting and owning:

Renting is paying someone for their property or land for the use of their land or house or anything. And owning is having something of our own or the ownership of any asset or land, property or anything.

Justification for the correct and incorrect answer:

a. Renter complete responsibility and control over the property:This option is incorrect.

This statement is not true as owner has the control over the property and renter is not all alone have the control and the responsibility for the property. The renter and the owner possess equal control and responsibility for the property.

b. An owner has complete responsibility and control over property:This option is incorrect.

The statement says that an owner has complete responsibility and control over the property which is not correct as the owner and renter both have the responsibility and the control over the property.

c. Neither a renter or owner has responsibility: This option is incorrect.

The statement says that neither therenter or the owner has responsibility which is absolutely incorrect as both the owner and the renter have the responsibility for the property.

d. Both renter and owner has responsibility: This option is correct.

The statement says that both renter and the owner have the responsibility for the property is correct as renter and owner both possess equal rights over the property.

Thus, the renter and the owner possess equal rights for the property. Renter and owner both are responsible for the property.

Learn more:

1. Learn more about choosing the purchase of car or leasing

brainly.com/question/2731676

2. Learn more about choosing the purchase of the car

brainly.com/question/1258129

3. Learn more about renting and owning

brainly.com/question/2288011

Answer details:

Grade: High School

Subject: Business studies

Chapter: Renting and owning

Keywords: which of the following, statements about renting and owning is correct,renter complete responsibility and control over the property, an owner has complete responsibility and control over property, neither a renter or owner has responsibility, both renter and owner has responsibility, control, posses.

kow [346]4 years ago

4 0

Hi,

The question asks which of the following statements about renting and owning is correct:

a. renter complete responsibility and control over the property
b. an owner has complete responsibility and control over property
c. neither a renter or owner has responsibility
d. both renter and owner has responsibility

a. and c. are definitely incorrect, b. is not entirely correct.

The correct, true option is option d. Both the renter and the owner share responsibility and control over the property.

Faith xoxo

You might be interested in

Julia is offered a job selling advertising for two different companies. Company A offers a base salary of $30,000 per year plus

Allisa [31]

We use $37,500 as a basis of sales per year for the two companies for Julie. . When the two companies are equated, 30,000 + 0.03*x = 25,000 + 0.05*x where x is equal to $250,000 as total sales that equates both. This means, sales below this $250,000 line has lower pay than the other.

7 0

3 years ago

Read 2 more answers

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks

Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .

5 0

4 years ago

In control theory, how many control systems are in place to work against our tendencies to deviate?

lutik1710 [3]

Two systems are in place, inner and outer control systems. Inner controls consist of our personal morality and our general codes of ethics. Outer controls, on the other hand, are the people in our lives (family, friends, authority figures) who place indirect pressure on people as a way of keeping them in line.

7 0

4 years ago

A company has inventory of 17 units at a cost of $11 each on May 1. On May 5, they purchased 11 units at $16 per unit. On May 12

monitta

Answer:

Value of ending inventory on May 15 after sale = $272

Explanation:

The periodic nventory methods calculating inventory through a physical count at the end of the period.

Under FIFO method, the inventory that is purchased first is the one that is sold first. Thus, a sale of 30 units on May 15 will be made from:

Cost of sales:

17 units at $ 11 = 187

11 units at $ 16 = 176

Remaining units = 30 - (17+11) = 2

The 2 units will be taken from units purchased on May 12.

The ending inventory, thus, will be 18 - 2 = 16units at $17 per unit

Value of ending inventory on May 15 after sale = 16 * 17 = $272

4 0

3 years ago

According to Okun's law, if the unemployment rate goes from 4% to 6%, what

Dimas [21]

Answer:

GDP will reduce by 4%

Explanation:

According to Okun, a 1% increase in unemployment will cause a 2% decrease in the level of GDP, and a 1% decrease in unemployment will lead to a 2% increase in the level of GDP.

What this means is that for every increase in unemployment, there is a corresponding double reduction effect on GDP.

In the scenario presented above, we can see that unemployment has gone from 4% to 6%, this means that there has been a 2% increase in unemployment. This 2% increase will therefore cause a 4% decrease in the GDP.

7 0

3 years ago