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kipiarov [429]
3 years ago
14

Penelope is interested in buying a 150-year-old historical home in San Francisco. If Penelope decides to purchase the home, it m

ust be on the condition the original architectural features are never removed from the home. Additionally, if Penelope buys the home and then sells it at some point, the same condition must be in the sales contract, and so on. What type of freehold estate is this historic home?
A. Fee Simple Defeasible
B. Estate in Reversion
C. Fee Simple Absolute
D. Curtesy Estate
Business
1 answer:
stellarik [79]3 years ago
7 0

Answer:

A. Fee Simple Defeasible

Explanation:

Fee Simple Defeasible  is a common defective transfer with certain conditions.

Charge is the likelihood of a common defective property being conditioned. Fee Simple Defective is a property where the fee is simple subject to that condition. If the condition is violated or not found, the property will be returned to the original grantor or specified third party.

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On December​ 31, Mercury Corporation has the following data​available: Net Income ​$200,000 Interest expense ​20,000 Preferred d
aliina [53]

Answer:

D 34.62%

Explanation:

To get the return on commonequity we need to follow a few steps as follows:  

Here we have to let the Average total common stockholders' equity = ($550,000 + $490,000) ÷ 2 = $520,000 and (Net income $200,000 - Preferred Dividends $20,000) ÷ Average total common stockholders' equity = 34.62% .Therefore the correct answer is 34.62%.

8 0
3 years ago
Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned
hoa [83]

There exists unfair pricing policy in a market which is not purely competitive, and the seller may have monopolistic advantage.

<h3>What is unfair pricing policy?</h3>

Unfair pricing policy refers to charging different prices to different consumers for the exact product by a seller due to having a competitive advantage, leading to unfair trade.

Hence, the unfair pricing policy is as defined above.

Learn more about unfair pricing policy here:

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5 0
3 years ago
) For humanitarian reasons, Taco Loco decides they would rather make product X than product Y. The dollar amount that they can b
choli [55]

Answer:

81.80 cents.

Explanation:

Taco Laco should produce Y but should not produce X. The product X is not beneficial for Taco Laco. If the company decides to reduce the price of product X by 0.82 cents then its optimal product mix will contain zero units of X.

6 0
3 years ago
Corner offices in high-rise office buildings usually cost more to rent than other offices. this best illustrates the economic pr
brilliants [131]

I guess the correct answer is scarce resources.

Corner offices in high-rise office buildings usually cost more to rent than other offices. This best illustrates the economic principle of scarce resources.

4 0
3 years ago
Ecker Company reports $1,750,000 of net income for 2017 and declares $245,000 of cash dividends on its preferred stock for 2017.
stich3 [128]

Answer:

$1,505,000

Explanation:

Net income is the earning by the business calculated by deducting all the expenses from the revenue for the period. It is the earning which is available to distribute in the stockholders of the business. The preferred dividend must be paid if there is a profit in the period. The residual amount after deducting profit is available of common shareholders.

Net Income = $1,750,000

Preferred Dividend = $245,000

Income available for Common stockholders = Net Income -  Preferred dividend

Income available for Common stockholders = $1,750,000 - $245,000

Income available for Common stockholders = $1,505,000

5 0
3 years ago
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