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andriy [413]
2 years ago
12

Johnson has his property listed with ABC Realty. On November 1, a fire causes considerable damage to the property. On November 1

5, Johnson rescinds the listing. On November 30, the broker was deemed by a judge to be incompetent. December 30 was the listing contract expiration date. On which date was the listing terminated?
Business
1 answer:
Rudik [331]2 years ago
3 0

Answer:

On November 1, the listing was terminated

Explanation:

According to the given n situation, the listing was terminated on November 1 because due to fire, it causes considerable damage to the property. As the property is damaged, so automatically the listing was canceled and terminated.  

The date of rescinds the listing, the expiration date, and, the date at which the broker is incompetence is not relevant.  

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If the government increases taxes in response to an inflation, the government is engaging in what economists call?
olchik [2.2K]

Answer:

fiscal policy

Explanation:

Fiscal policy is the policy which is used by the government the tax rate and government spending economy to analyse the economy of the nation

It is a technique through which a national bank impacts a country's cash supply.

The instances of fiscal policy are tax reductions and expanded government spending. Both of these strategies are proposed to build total interest while adding to shortages or drawing down of spending plan surpluses.

4 0
3 years ago
Read 2 more answers
If the net present value of the payments at the time of the leases was 88% of the actual market price and the useful life of the
Aliun [14]

Answer:

A. True

Explanation:

Examples of situations that individually or in combination would normally lead to a lease being  classified as a finance lease are:

(a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease  term;

(b) the lessee has the option to purchase the underlying asset at a price that is expected to be  sufficiently lower than the fair value at the date the option becomes exercisable for it to be  reasonably certain, at the inception date, that the option will be exercised;

(c) the lease term is for the major part of the economic life of the underlying asset even if title is  not transferred;

(d) at the inception date, the present value of the lease payments amounts to at least substantially  all of the fair value of the underlying asset; and

(e) the underlying asset is of such a specialised nature that only the lessee can use it without major  modifications.

Since at the time of lease the net present value of the payments is 88% of the actual market price and the useful life of the asset was 70% at the end of the lease term and also the title of asset shall not be transferred to lessee at the end of lease term, therefore the lease shall not be classify as finance lease and it shall be classified as operating lease so the answer is A. True

4 0
3 years ago
Jermaine owns a rental home in Lake Tahoe and traveled there from his home in San Francisco for maintenance and repairs three ti
liraira [26]

Answer:

No answer is correct.

If we use the values set by the IRS for 2019, the total travel costs deduction = $290.58.

If we use the 2018 value, the total travel costs deduction = $273.05

Explanation:

The new mileage reduction set by the IRS for 2019 is 58 cents (up from 54.5 cents) per mile. Since Jermaine had to travel 3 times during the year and drove for 167 miles, his total deduction should be:

  • total travel costs deduction = 3 x 167 x $0.58 = $290.58

If we use the 2018 deduction rates, Jermaine's total travel deduction will be:

  • total travel costs deduction = 3 x 167 x $0.545 = $273.05

3 0
3 years ago
On what does consumer’s willingness to pay depends?
allochka39001 [22]

Answer:

It depends on a number of things. The quality of the product, the reviews of the product, or maybe just to feel cool.

6 0
3 years ago
Which is the most important factor on which motor carriers compete?
Anon25 [30]

Answer:

The correct response is "railroad". A further explanation is given below.

Explanation:

  • The other passenger transport market is railways, is because rail services are easier and have already been commonly used instead of motor carriers as well as providers.
  • Railways don't always occupy all geographic locations of the nation, but in certain areas of the country, they were a theme or a trend.
7 0
2 years ago
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