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DerKrebs [107]
3 years ago
10

The following is not a distinguishing characteristic of a life estate.

Business
1 answer:
CaHeK987 [17]3 years ago
6 0

Answer:

The correct answer is letter "B": Holders of future interest own only a reversionary interest.

Explanation:

A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.

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Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev
Mkey [24]

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

8 0
3 years ago
"In the supplier search stage of the B2B buying process, _____ selling plays a major role in providing helpful information to th
evablogger [386]

Answer:

the correct answer is consultative selling.

Explanation:

In this method, the seller often acts as a Consult to the customer and tries to understand the specific needs and wants of the customer before making the sale. This is a unique way to market the products and to grab the customer loyalty in the long run.

8 0
3 years ago
Read 2 more answers
The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
pantera1 [17]

Answer:

$3,960

Explanation:

The Borrowed amount is $198,000 on November 1, 2021.

The interest expense  at December 31, 2021 is calculated as shown below:

I=PRT

R=12%=0.12

P=$198,000

T=2 Months=(2/12) year

I=198,000*0.12*(2/12)

I=$3960

The correct option will be "B. $3,960."

5 0
2 years ago
Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vice president of human resources. Jackson Phar
Nata [24]

Answer:

Employees frequently complain about the inconsistent assistance they receive from the HR department due to its large size.

Explanation:

Having a specialized, embedded HR unit is beneficial to each, specific unit, as  HR would cater to every department and its special needs. On the contrary, centralized HR tends to give inconsistent help, as they always assign a different person or team when a problem arises.

So, if the employees complained that they cannot receive adequate help from the centralized HR, it would be wise to do what Roberta suggested.

8 0
3 years ago
You are planning to make monthly deposits of $500 into a retirement account that pays 6 percent interest compounded monthly. If
liberstina [14]

Answer:

$995,745

Explanation:

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I/YR = 6

P/YR = 12

N = 40 x 12 = 480

your retirement account be in 40 years will be $995,745

7 0
2 years ago
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