1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetllana [295]
3 years ago
6

Which of the following transactions require a TREC Seller's Disclosure Notice, to be provided?

Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

none

Explanation:

The Texas Real Estate Commission (TREC) requires that the seller of residential property comprising not more than one dwelling unit must file a Seller's Disclosure Notice. This excludes a condominium or a duplex. Also, if the house is new and has never been used for residential purposes, then the seller doesn't have to file a disclosure either.

The purpose of the disclosure is to inform any issues related with the house that the seller is aware of. But this disclosure does not substitute any inspections that the buyer may want to obtain.

You might be interested in
A company, which is currently operating at full capacity, has sales of $2,480, current assets of $820, current liabilities of $5
forsale [732]

Answer:

$61.60

Explanation:

Equity funding need =  Projected assets - Projected liabilities - Current equity - Projected increase in retained earnings

Equity funding need = $2,739 - $561 -  $1,980 - $136.40

Equity funding need = $61.60

<u>Workings</u>

Projected assets = (Current assets + Fixed assets) * 1.10 = 820+1,670 * 1.10 = $2,739

Projected liabilities = Current liabilities * 1.10 = 510 * 1.10 = $561

Current equity = Current assets + Fixed assets - Current liabilities = 820 + 1,670 - 510 = $1,980

Projected increase in retained earnings  = Sales*5% * 1.10 = $2,480*5% * 1.10 = 124*1.10 = $136.40

5 0
3 years ago
A grant seeker is considering a project that involves providing more low-calorie, fiber-rich foods to low-income families. What
BigorU [14]

Answer:

C) a local school district

Explanation:

Many school districts already carry out similar policies through Local School Wellness Policy programs. Malnutrition negatively affects kids the most and that is why school districts are currently trying to fight it. Malnutrition is not simply not eating enough food, it means not eating nutritious food at the right amounts. Obese children can suffer from malnutrition, while a slender kid can have a proper and balanced nutrition.

So if someone is seeking for a grant to fight malnutrition, they should go to their local authorities first and get in touch with the school district.

4 0
3 years ago
Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually rec
gtnhenbr [62]

Answer:

measures the value that a buyer places on a good.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.

5 0
3 years ago
Tax laws permit installment sales, which are recognized in the year of sale for financial reporting purposes, to be reported in
Lera25 [3.4K]

Answer:

lower; higher.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

Generally, installment sales are permitted or allowed by the tax laws in a country. Typically, they are recognized in the year of sale for the purpose of financial reporting. Also, installment sales for any goods or services are to be reported in the tax return, at a later time when cash is received from the customer (buyer).

This results in a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when collected.

7 0
3 years ago
After collecting 217 completed questionnaires and reviewing the results, you find you're no closer to deciding on a location tha
Furkat [3]
A) Did not provide clear measurable choices
5 0
3 years ago
Read 2 more answers
Other questions:
  • On October 1, 20X1, Acme Fuel Co. sold 100,000 gallons of heating oil to Karn Co. at $3 per gallon. Fifty thousand gallons were
    8·2 answers
  • You have a $13,500 loan with a 7% interest rate and a term of 4 years what is the future value of the loan if the loan isnt paid
    7·1 answer
  • An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $
    7·1 answer
  • Observations about "youth gone wild" have lead to recent calls to reduce the age of responsibility to allow for younger violent
    9·1 answer
  • Given the following information, what is the market value of XYZ Corporation?Common stock 13.6 million shares outstanding, selli
    7·1 answer
  • At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a particular product in inventory, acquired at
    12·1 answer
  • Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not i
    9·1 answer
  • A company shows a $600 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments c
    10·1 answer
  • What is a short term goal
    14·1 answer
  • The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!