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mr_godi [17]
3 years ago
9

A buyer and a seller enter a contract for the sale of a three-bedroom residential property. Shortly after the contract is in pla

ce, the buyer has an inspection done. As a result of the inspection, the buyer wants the seller to fix the fence and replace the garage door opener. The seller refuses. How should the parties proceed?A) The brokers need to encourage the parties to seek legal counsel.B) The buyer can terminate the contract.C) The fixes do not become part of the sales agreement.D) The seller can terminate the contract.
Business
1 answer:
Komok [63]3 years ago
3 0

Answer:

The best answer to the question: How should the parties proceed, when talking about the buying of a house in which the buyer has already entered a contract with the seller of the property, before having an inspection performed on it, to find out that there are some issues with the property itself, would be, C: The fixes do not become part of the sales agreement.

Explanation:

To begin with, the buyer should have had the inspection done before entering an agreement, and much more signing the contract. Now that the contract is in place, and since the buyer did not have the inspection done beforehand, the terms that would have made the seller responsible for making fixes on the damaged property are not part of the contract. The buyer signed the contract without these adendums and therefore, it is no longer the seller´s responsibility, as part of the original contract, to take care of them. The buyer must abide by the original contract because he did not insist on having any such provisions placed on it that would have made the seller responsible for the fixes.

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Why did the Great Depression of 1928 affect people from almost all parts of the world?
Zigmanuir [339]

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

In conclusion, the Great Depression of 1928 affect people from almost all parts of the world because sharp rise in price of goods in the United States led to an increase in imports.

8 0
3 years ago
Read 2 more answers
A firm just paid a dividend of $6 per share. Next year the dividend is expected to grow 8 percent, thereafter 10 percent forever
lawyer [7]

Answer:

26%

Explanation:

MV=Do(1+g)/(Ke-g)

Where MV is market value=$36

Do is current dividend per share=$6

g is growth rate=8%

Ke=?  

By putting above values we get;

36=6(1+.08)/(Ke-.08)

36Ke-2.88=6+.48

36Ke=2.88+6+.48

Ke=9.36/36

Ke=26%

3 0
3 years ago
A manufactured product has the following information for June. Standard Actual Direct materials (7 lbs. @ $9 per lb.) 60,000 lbs
PilotLPTM [1.2K]

Answer:

price variance       12,000 U

quantity variance  4,500 U

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost  $9.00

actual cost  $9.20

quantity 60,000

These are givens so no calculation needed.

(9-9.20) \times 60,000= DM \: price \: variance

difference  $(0.20)

price variance  $(12,000.00)

The difference is negative, we purchase at a higher price, so the variance is unfavorable

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity        59500.00 (7 lbs per unit x 8,500 untis manufactured)

actual quantity 60000.00

std cost                         $9.00

(59,500-60,000) \times 9 = DM \: quantity \: variance

difference                       -500.00

efficiency variance  $(4,500.00)

The difference betwene standard lbs and the actual lbs used into production is negative, we use more lbs than standard. This variance is also unfavorable.

5 0
3 years ago
Detailing's cost formula for its materials and supplies is $2,060 per month plus $12 per vehicle. For the month of August, the c
OverLord2011 [107]

Answer:

Planning budget amount = $3,052.00

Explanation:

<em>The planning budget is als0 known as the </em><em>fixed budge</em><em>t . It is the budget prepared for the original level of activity intended or  planned for. As it's name implies, it is used for  planning purpose.</em>

For the month of August, the planning budget

= $2060 + ($12 × 86)

=  $3,052.00

Planning budget amount = $3,052.00

5 0
3 years ago
Read 2 more answers
You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow.
Vladimir [108]

Answer: $252,000

Explanation:

Property worth $275,000, 4 weeks ago had 3 bedrooms and 3 bathrooms.

House to be appraised has 3 bedrooms and 2 bathrooms meaning it has one less bathroom than the other house.

Value of bathroom is $15,000 so;

= 275,000 - 15,000

= $260,000

House to be appraised was worth $260,000 4 weeks ago.

Prices have been reducing at $2,000 per week for four weeks.

= 2,000 * 4

= 8,000

Value of house = 260,000 - 8,000

= $252,000

3 0
3 years ago
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