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Vesna [10]
3 years ago
15

This clause found in a mortgage ensures that the borrower will maintain clear title on the property in the event the bank is for

ced to foreclose...? Alienation clause Marketable title clause Acceleration clause Defeasance clause
Business
1 answer:
vovikov84 [41]3 years ago
4 0

Answer: Marketable title clause

Explanation:

Marketable title clause is a clause that is found in a mortgage which ensures that the borrower will maintain clear title on the property in the event the bank is forced to foreclose.

A marketable title is a title that can be given to a new owner and it should be noted that there's no likelihood that another party will make claims on it.

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False because I believe it is
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Elena-2011 [213]

Answer and Explanation:

The adjusting entries are shown below

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Wages expense Dr XXXXX

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2. Accrued utilities expenses

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For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities

3. For adjusting the unearned service revenue

Unearned service revenue Dr XXXXX

         To Service revenue XXXXX

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3 years ago
Using notes outside of given key to produce heightened color is referred to as
Yanka [14]

Using notes outside of a given key to produce heightened color is referred to as  "chromaticism".



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3 years ago
Read 2 more answers
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Answer:

The statement is true.

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2 years ago
What is the margin of safety (in sales) when a business has sales of $485,000, sales of $225,000 at break-even point, and unit s
lilavasa [31]

Answer:

Margin of safety= $260,000

Explanation:

Giving the following information:

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<u>To calculate the break-even point in sales dollars, we need to use the following formula:</u>

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Margin of safety= $260,000

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