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Leokris [45]
3 years ago
10

When a buyer acquires a property having an existing mortgage loan, a decision must be made as to whether or not the subsequent o

wner of the property can preserve the loan. If the buyer does not add his or her signature to the note, the buyer does not take on any personal liability. In this case, the buyer is said to:
Business
1 answer:
alukav5142 [94]3 years ago
6 0

Answer:

buyer is said to purchase the property subject to the existing loan

Explanation:

Based on the information provided in the question with regards to the situation at hand, it can be said that in this case the buyer is said to purchase the property subject to the existing loan. This basically means that the buyer is not accepting the recurring mortgage payments, which usually means that the unpaid balance will be included in the final purchasing price of the property.

If you have any more questions feel free to ask away at Brainly.

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What are the 3 techniques used for running a busines
Dimas [21]

Answer:  1) Hire experienced employees 2) Understand the marketplace and define clear KPIs  3) Organize your business plans

Explanation:

It's important for your employees to be qualified for their job, because their performance affects you the same way it would affect their paycheck

You have to understand the marketplace and what your competition is, so that you can do your best, understanding marketing trends and high demands

Being organized is very important, you need to set dates on your calender and take notes  

I hope this helped :D

4 0
3 years ago
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$17​
Crazy boy [7]
<span>14 + 17 + 24 = 55 24 + 24 + 24 = 72 Producer Surplus = $17 Tim makes $17 more than he is initially willing to charge, thus a surplus of 17. 33 + 26 + 24 = 83 24 + 24 + 24 = 72 Consumer Surplus = $11 The customers pay $11 less than they are initially willing to pay, thus a surplus of 11. Everybody wins, yay capitalism</span>
3 0
3 years ago
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
kicyunya [14]

Answer:

<em>Net operating Income of the company 130,000</em>

Explanation:

\left[\begin{array}{cccc}-&East&West&Total\\Sales&690,000&140,000&830,000\\Variable&352,000&56,000&408,000\\Contribution&338,000&84,000&422,000\\Fixed Cost&104,000&24,000&292,000\\Income&234,000&60,000&130,000\\\end{array}\right]

We have to arrange the values, and don't forget to add the common fixed cost of 164,000 in the total fixed cost line.

Net operating Income of the company 130,000

7 0
3 years ago
The campus bookstore sells a campus mug for ​$10. When you buy a second campus mug​, ​however, its price is only ​$6. How does t
masya89 [10]

Answer:

Marginal utility is the benefit of consuming additional unit of a product and it is inversely proportional to price.

Explanation:

Utility is the satisfaction derived from consuming a particular product.

As consumption continues, marginal utility is the benefit of consuming additional units of the product. Marginal utility reduces as consumption increases.

So the consumer is less willing to buy at current price. However the consumer will be more willing to buy more at a reduced price.

The campus bookstore is using the knowledge of this by selling the first mu for $10 and subsequent one for $6. The consumer will still be willing to buy at the reduced price.

5 0
3 years ago
Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decisi
Zigmanuir [339]
Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decision and respect the manager if they know that they were heard and were able to provide input, and if the manager explains the reasons for the decision.
5 0
3 years ago
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