1. Automatic Stay
2. Bankruptcy Exemptions
3. Improved Credit Rating
4. Unsecured Debts Paid Off
Answer: FALSE
Explanation: In simple words, a lessor refers to an individual who , under a contract of lease, lets another individual to use his or her assets in return of any kind of rent or one time payment.
The individual who pays the rent in return of right to use the asset of the lessor is called a lessee. Lessor is actually the owner of the asset.
Hence the given statement is false.
Answer:
$200
Explanation:
Calculation for How much of the $3,000 fee may Z deduct on his Schedule C for the current year.
Amortized over life of loan = ($3,000/60 months) x 4 months
Amortized over life of loan=$50×4 months
Amortized over life of loan=$200
Note that September 1 to 31 December will give us 4 months
Therefore what Z deduct on his Schedule C for the current year is $200
Answer:
Explanation:
a)
It is known that,
P(Sat) = 0.35
P(Sun) = 0.30
P(no rain on Sat) = 1 - 0.35
P(no rain on Sun) = 1 - 0.30
So P(rains on the weekend) = 1 - P(no rain on Sat) P(no rain on Sun) =
= 1 - (1-0.35)(1-0.30) = 0.545
b)
P(Sat Sun) = P(rains on Sat) P(rains on Sun) + P(rains on Sat) P(no rains on Sun) = 0.35*0.30 + 0.35*(1-0.30) = 0.35
What are the options to choose from?