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elena55 [62]
3 years ago
11

After the delivery of the condominium documents in the TREC Residential Condominium Contract the buyer may terminate the contrac

t within how many days?
Business
1 answer:
sweet-ann [11.9K]3 years ago
7 0

Answer:

The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)

Explanation:

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Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

6 0
4 years ago
Prime Corporation liquidates its ​85% owned subsidiary Bass Corporation under the provisions of Secs. 332 and 337. Bass Corporat
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Answer:

$20000 gain for John Corporation and $10000 loss for Bass Corporation.

Explanation:

John Corporation gain(loss) = FMV of property - Liability assumed - Stock basis

                                               = 55000-10000-25000

                                               = 20000

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                                              = - 10000

Therefore,  $20000 gain for John Corporation and $10000 loss for Bass Corporation.

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3 years ago
The government document that grants permission to establish a corporation is called a
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Are there any answer choices or is it a blank?
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4 years ago
No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
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The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
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Answer:

A)

Bank reconciliation:

Bank balance Augusts 31                    $18,340

+ Deposits in transit                              $2,830

<u>- Outstanding checks                           $3,520</u>

Reconciled bank account                   $17,650

Cash balance reconciliation:

Cash balance August 31                     $17,350

+ Error in recording check                      $360

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B) Cash account balance $17,650

5 0
3 years ago
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