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vagabundo [1.1K]
4 years ago
8

The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights o

f its fee simple owner. True False
Business
1 answer:
hjlf4 years ago
4 0

Answer:

The statement is: False.

Explanation:

A life estate comprehends the property that someone owns during a lifetime. The benefit of a life estate is that property will transfer without the need of the beneficiary appearing in the will after the holder is deceased. They cannot put the property on sale until the holder's decease, though. As well, holders cannot do anything at will without consulting their simple-fee owners.

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All of the following statements regarding the Federal National Mortgage Association (FNMA) are true EXCEPT:_________
algol [13]

Answer:

A) FNMA is owned by the U.S. government.

Explanation:

Federal National Mortgage Association (FNMA) also commonly referred to as "Fannie Mae" is a government-sponsored enterprise (GSE) that provides services such as purchasing mortgages from lending institutions so as to expand the secondary mortgage market or effectively boost affordable lending activity at the lending institutions. It was founded as part of the "New deal" during the Great Depression in 1938.

All of the following statements regarding the Federal National Mortgage Association (FNMA) are true;

1. FNMA pass-through certificates are not guaranteed by the U.S. government.

2. Interest on FNMA certificates is taxable at all levels.

3. FNMA stock is publicly traded on the NYSE.

<em>However, it is false or incorrect to say that the FNMA is owned by the United States of America (USA) government.</em>

The Federal National Mortgage Association (FNMA) is only being sponsored by the U.S government under the umbrella of the Federal Housing Finance Agency (FHFA).

3 0
3 years ago
Amanda, a single parent, is looking for a new job. Considering that she has two school-aged children, she is particularly keen o
Sloan [31]

Decision Criteria are defined as prerequisites, guiding concepts, and standards applied by companies for selecting their candidates who is the best fit for their company.

<h3><u>What are decision criteria?</u></h3>

Principles, requirements, or standards are referred to as decision criteria. This may include particular requirements and rating schemes like a decision matrix. As an alternative, a decision criterion could be a flexible guideline.

<h3><u>What are the types of decision criteria?</u></h3>

Generally speaking, there are three basic sorts of decision criteria:

  1. Technological - Does your solution fit the criteria in terms of its technical viability for the given requirements?
  2. Economic - Concerns relating to the financial, risk, and efficiency viability of your solution.
  3. Relationship: To what extent do the goals and ideals of the two organizations coincide?

You can learn more about decision criteria using the following link:

brainly.com/question/14703648

#SPJ4

7 0
2 years ago
Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Man
seraphim [82]

Answer:

A) $102,000

Explanation:

The computation of the amount used today for preparing the operating budget is shown below:

= Contract value × forward rate

= $100,000 × $1.02

= $102,000

For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
4 years ago
What are some ways that a company can link its sales promotion activities to its advertising and personal selling efforts..so th
Andreyy89
The increase in sales of a company can be attributed to the sales promotion activities in way that the better they are at promoting their products, the better is their chances of actually selling them. They can do "best employer of the month" to relate the personal selling effort by an employee in relation to the sales of the company. 
7 0
3 years ago
The economic resources that are owned by a business are called stockholders' equity.
SOVA2 [1]
<span>The economic resources that are owned by a business are called stockholders' equity. 

False</span>
4 0
3 years ago
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