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Sedaia [141]
3 years ago
10

Alex, a Nevada developer, has a very large development of attached retirement villas. He is interested in advertising this devel

opment in California. Alex has previously advertised and sold condos in his Arizona development to citizens of California. What must Alex do to promote and sell his Nevada development in California?
Business
1 answer:
matrenka [14]3 years ago
6 0

Answer:

According to the Interstate Land Sales Full Disclosure Act of 1968, Alex must obtain a public report from HUD and deliver a copy of this report to each prospective purchaser.

Explanation:

The Interstate Land Sales Full Disclosure Act of 1968 was an act of Congress passed in 1968 to facilitate regulation of interstate land sales, to protect consumers from fraud and abuse in the sale or lease of land. The Act was patterned after the Securities Act of 1933 and required land developers to register subdivisions of non-exempt lots or condominium units. Currently, the responsibility for administering the Act and its regulations is with the Consumer Financial Protection Bureau. A regulated developer is to provide each buyer with a disclosure document called a Property Report. The Property Report contains relevant information about the subdivision and must be delivered to each buyer before the signing of the contract or agreement and gives the buyer a minimum period of 7 days to cancel the purchase agreement.

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The ________ reflects the opportunity costs of spending funds now versus achieving a return through another investment, as well
algol [13]

The Discount rate reflects the opportunity costs of spending funds now versus achieving a return through another investment, as well as the risks associated with not receiving returns until a later time.

Explanation:

The discount rate relates to the interest rates on loans that the Federal Reserve Bank borrows from central banks and financial institutions through the commercial bank loan mechanism.

The rate of barriers, financial assets and discount rates are all equal. The next best potential investment option with a comparable risk profile wins the rate of returns. The word ' opportunity expense' is a clear and generic concept that can be used any day of the day.

5 0
4 years ago
Beene Distributing is considering a project that will return $150,000 annually at the end of each year for six years. If Beene d
IceJOKER [234]

Answer:

$714,975

Explanation:

Data provided in the question:

Annual return = $150,000

Time, n = 6 years

Annual return, r = 7% = 0.07

Now,

Amount willing to pay for the project

= Present value of annual cash flows discounted at 7%

= $150,000 × [ (1 - (1 + r)⁻ⁿ ) ÷ r ]

=  $150,000 × [ (1 - (1 + 0.07 )⁻⁶ ) ÷ 0.07 ]

= $150,000 × 4.7665

= $714,975

6 0
3 years ago
Please answer now!!
Naya [18.7K]

Answer:

Change in an organization leads to many positive aspects – that lead to retaining a competitive edge and also remaining relevant in your business area. Change encourages innovation, develops skills, develops staff and leads to better business opportunities and improves staff morale

hope this helped you

please mark as the brainliest (ㆁωㆁ)

7 0
3 years ago
The social ethic that prevailed in late nineteenth-century America stressed that
shtirl [24]

Answer:

c. economic success was available to anyone who worked hard.

Explanation:

In the late nineteenth-century (the year subsequent to the civil war 1865 to 1900)

The american society didn't not have a caste or royal society with nobles or lord like English, French or Germans did.

They were all under the impression that the american dream could be ahcieve with hard work besides, pretty much all the people living in the US during that time were inmigrants or sons of inmigrants thus, there wans't an stablished order all was here for the taken.

5 0
3 years ago
A financial institution offers a "double-your-money" savings account in which you will have $2 in 4 years for every dollar you i
Rom4ik [11]

Answer:

The stated annual interest rate offered by this account is 41.42%.

Explanation:

The stated annual interest rate, r on the saving account can be determined as follows :

Pv = - $1

n = 4 × 2= 8

pmt = $ 0

p/yr = 2

Fv = $4

r = ?

Using a financial calculator the nominal rate,r compounded semi-annual is 37.8414 %

Then use the financial calculator to convert norminal rate to annual rate as follows :

37.8414 % Shift NOM%

P/YR 2

Shift EFF% 41.4213 or 41.42%

6 0
3 years ago
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