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Yanka [14]
3 years ago
6

In February, a homeowner contracted with a general contractor to have a basement storage space converted to a sauna, but never p

aid for the work. The homeowner stopped making mortgage payments in June. The owner is two years delinquent in property taxes to the county. The state gives mechanics' liens priority. If all of these creditors obtain judgments against the owner in November, what will be the priority of their liens (first to last)
Business
1 answer:
AURORKA [14]3 years ago
4 0

Answer:

Generally real estate liens are prioritized following a temporal order, from first to last. This applies to all liens except taxes. Taxes are always first and they are collected before any other lien in the event of a foreclosure.

In this case, the following priority would go to the mechanic's lien from the the general contractor (as a result from court order), then the mortgage, and finally the other creditors.

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What precautions does the government take to protect money?
Anestetic [448]

Answer:

Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.

Explanation:

:D

7 0
3 years ago
Alyona recently purchased a car. In her first auto loan statement, she was surprised to find a letter for a life insurance compa
Ad libitum [116K]

Answer:

Credit life Insurance

Explanation:

The scenario describes Credit life insurance

This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.

The insurance is liable to the balance on the loan as at the time of the death of the borrower.

3 0
3 years ago
As noted in your text, global segmenting, targeting, and positioning are more complicated than domestic segmenting and positioni
Scrat [10]

Answer:

C) differences in the way consumers see themselves and in the way they see products and services.

Explanation:

People from different cultures tend to think that everyone thinks similarly to them, but actually people from different cultures view themselves differently.

For example, Arab states are very warm and have a lot of sunshine, but if you try to sell bikinis you will probably go bankrupt before selling any because culturally Arab women use a lot of clothes even at the beach.

India is the country with the most cattle in the world, but they do not eat beef, so McDonald's probably had to change their recipe when they started operating there.

7 0
4 years ago
A community researcher wanted to explore the connection between the number of bathrooms in a house and the sale price of the hou
slava [35]

Answer:

A house's average sale price went up by $47,000 for each full bath.

Explanation:

A descriptive statistic describes the result of an study using quantitative terms. While a logical inferential statistic makes feasible predictions using the data described by the descriptive statistic.  

For example, a study showed that 70% of men prefer to go to work in the morning (descriptive statistic). The study showed that men are more likely to search for jobs in the morning shift (logical inferential statistic).

5 0
3 years ago
Which of the following is the LEAST important factor to consider when constructing an investment portfolio for a high net worth
Arlecino [84]

Complete question:

A. The portion of the funding that should be allocated to tax-free investments

B. The portion of the funding that should be maintained in readily accessible funds such as money market instruments

C. The customer's preference for investing via passively managed index mutual funds or via actively managed mutual funds

D. The investment philosophy and strategies employed by the fund manager of the chosen mutual fund

Answer:

The best answer is D

" The investment philosophy and strategies employed by the fund manager of the chosen mutual fund "

Explanation:

Since this person is rich and potentially in a high taxation role, the allocation of part of the assets in tax free municipal investments should be taken into consideration.  

An emergency fund should always be maintained, so consideration should be given to the amount of funding allocated to money market fund investments. It should also be considered whether the customer believes in the management of passive assets or active assets.

Passive asset managers believe in the use of low-cost index funds -with the idea that nobody can do better than the market over time. Active asset managers believe that the correct "picking" of stocks enables a manager to surpass the market. The actual trading strategies employed by an active manager to achieve his results are not relevant to the portfolio construction.

5 0
3 years ago
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