Answer:
- The trustee has naked title
- The lender is named the beneficiary
- The trustor has legal title
Explanation:
A Trust deed is a legal agreement that allows for a debtor to transfer ownership of a physical real estate property to a Trustee so that that trustee may hold the property as security for a loan transaction involving the lender and the debtor.
The trustee in this agreement holds a naked title which is a legal title to a property that is given to a trustee as it has no ownership benefits. The beneficiary is also named to be the lender and the Trustor retains the legal title.
The budget making process rests with the Congress.
In the United States, the budget making process rests with the Congress. This budget process is where the president submits a budget request to the Congress, and the the House of Senate pass the budget resolution. Thus, a national budget calculates how much is expected to be spent and gained during a period of time.
In the budget, the revenue estimate and the spending plans of the government are outlined. When the spending is higher than expected revenues, it is called a budget deficit and then the government needs to borrow funds to cover the deficits.
Hence, option A is correct.
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Answer:
True
Explanation:
The Bass New forecasting model is a forecasting model that is commonly used to estimate the sales of a product at a certain in future and it is used for highly durable goods.
The bass new forecasting model wad developed by Frank Bass and it has a formula
<u> f ( t ) </u> = p + qF ( t )
1 - f ( t )
where:
f ( t ) is the change of the installed base fraction
F(t) is the installed base fraction
p is the coefficient of innovation
q is the coefficient of imitation
Cheers.
Hi there
stock x
3.8×1.054=4.01
2,000×4.01=8,020
stock Y
3.5×1.054=3.69
3.69×1,000=3,690
stock z
4.3×1.054=4.53
4.53×3,000=13,590
the value of the index at the end of the day
13,590+8,020+3,690
=25,300....answer
Hope it helps
Answer: The correct answer is option B; Add D2 to the right of D, showing an increase in demand and increase in equilibrium price.
Explanation: The demand for a commodity is usually affected either positively or negatively by some factors or determinants. Foremost among the factors of demand is price of the commodity. Other factors include;
(a) Price of substitute commodities
(b) Consumers preferences
(c) Population
(d) Weather conditions
(e) Advertising
In the question above, the use of a popular actor as the spokesperson of the product is a form of advertising that is intended to improve upon the perception of the commodity and hence encourage consumers to buy more of it. If the popular personality endorses a product, there is an almost one hundred percent likelihood that consumers would see the product as a preferred choice and this would cause the demand to go up or increase.
An increase in the market demand would be signified by the outward shift of the demand curve to the right from D to D2. Since the x-axis shows the quantity demanded increasing towards the right hand side, then an increase in market demand would be reflected by a shift of the demand curve to the right.
As a result of that, the price would now move from P to P2 which shows an increase in equilibrium price. Also the quantity demanded would move from Q to Q2 which also indicates an increase in demand.
