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Leokris [45]
2 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]2 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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Owen has trouble remembering a friend's new phone number; he keeps recalling the old number instead. completing a rental applica
RideAnS [48]
The answer to this question would be:
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Owen is experiencing <u>proactive interference</u> while Pippa is experiencing <u>retroactive interference</u>.</span>  

<span>Proactive interference means that Owen has the tendency to be distracted or hindered of past learning. While retroactive interference means exactly the opposite thing, past learning is hindered of new learning.</span>

7 0
2 years ago
Adam, the owner of The Toy Box (a toy store), has chosen his products carefully. They are all handmade of wood; none are cheap g
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Answer:

b. blue ocean strategy

Explanation:

Instead of competing against rival companies in the mass-produced games market (red ocean), Adam is carving out his own market by offering the consumer a higher end product that, although is still composed of games, consists a in whole new segment with much less competition, if any (blue ocean).

Therefore, the correct answer is b. blue ocean strategy

4 0
3 years ago
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On the basis of the following data for Garrett Co. for Years 1 and 2 ended December 31, prepare a statement of cash flows using
Liono4ka [1.6K]

Answer:

Garrett Co. cash flows from operating activities is $61,000.

Explanation:

Garrett Co.

Statement of cash flows (extract)

Net income                                                    $56,000

Add Loss on disposal of equipment                5,000

Cash flows from operating activities            $61,000

Loss on disposal of the equipment was calculated as Proceeds - net book value, that is $15,000 - $20,000.

Note that purchase of equipment belongs to investing part of the cash flows while proceed from stock issuance and dividend payment belong to financing part of the cash flows

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2 years ago
Which of the following would not be characteristic of a chain restaurant?
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Answer:

C: ability to set your own hours of operation

Explanation:

With a chain restaurant you have to have the same hours as other restaurants in that chain.

7 0
3 years ago
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Answer:

market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.

Explanation:

hope it helps.

have a great day

8 0
2 years ago
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