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N76 [4]
3 years ago
7

A mortgage is a legal agreement between a borrower and a

Business
2 answers:
o-na [289]3 years ago
7 0
I believe the answer is D. Bank
Delvig [45]3 years ago
3 0

A mortgage is a legal agreement between a borrower and a bank. The lending bank is called the mortgagee, while the borrower is called the mortgagor. According this agreement the borrower receives the funds he/ she needs to purchase the home while the bank (the lender) receives a lien on the property.

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In the context of trust and job performance, the ability to focus reflects the degree to which employees can devote their attent
Marrrta [24]

Answer:

A) True

Explanation:

Individuals bring a number of differences to work. They have a variety of personalities, values, and attitudes. When they enter into organizations, their stable or transient characteristics affect how they behave and perform. Moreover, companies hire people with the expectation that they have certain knowledge, skills, abilities, personalities, and values. In the context of trust and job performance, the ability to focus reflects the degree to which employees can devote their attention to work.

3 0
3 years ago
Read 2 more answers
Tom’s T.V.’s sold one of their premium products, a new 60" flat screen 3D T.V. to a customer who paid $2,000 in cash. How would
nikdorinn [45]

Answer:

Impact of $2,000 sale on accounting equation is as follow:

Accounting Equation

 Asset             =        Equity           +      Liabilities

Cash+2000        Sales+2,000            No Effect

As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.

Explanation:

The Following journal Entry will support my answer:

Sales amount = 2,000

As this transaction is made on cash basis the following Journal entry will be recorded for this event.

                   Dr.          Cr.

Cash       $2,000

Sales                    $2,000

5 0
3 years ago
Which of the following business document contains preprinted blanks to be filled in?
stira [4]
The answer to the question is a form
4 0
2 years ago
Read 2 more answers
A buyer is looking for a multi-family option that includes common area maintenance and will allow him to take advantage of tax i
Deffense [45]

Answer:

If you by a condo, you can deduct your mortgage interests from your gross income, property taxes are also deductible, and you can also get a homestead exemption on your condo since it is your home.

Co-ops on the other hand are corporations that own a building, and you own shares of that corporation. It is very difficult and only under certain circumstances, you can deduct mortgage interest expenses on a co-op, but generally not. You cannot deduct property taxes since you do not own any property yourself and you cannot claim a homestead exemption for a co-op for the same reason.

That is why co-ops are usually cheaper than condos.

3 0
3 years ago
Annual Dividends<br><br> Question 4 Attached
WARRIOR [948]

Answer:

no it's was not because we don't add

6 0
2 years ago
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