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Zanzabum
4 years ago
5

What is a homestead exemption?

Business
1 answer:
Katarina [22]4 years ago
6 0

The answer is <u>"equity in a home that a debtor is permitted to retain".</u>


A homestead exemption shields the estimation of a home from property expenses and lenders following the demise of a mortgage holder life partner. A homestead exemption can be found in state resolutions and sacred arrangements over the U.S. also, is a programmed advantage in a few states. In states where the estate insurance isn't programmed, mortgage holders must document a case which must be re-recorded while moving main living places

You might be interested in
At the beginning of December, ABC Company had $1,500 in supplies on hand. During the month, supplies purchased amounted to $2,90
natta225 [31]

Answer and Explanation:

The adjusting entry is as follows:

Supplies expense Dr $2,200

      To Supplies $2,200

(being the supplies expense is recorded)

Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets

The computation is

= Opening supplies + purchased - closing supplies

= $1,500 + $2,900 - $2,200

= $2,200

4 0
3 years ago
Why must food service operators pay attention to detail and watch every penny?
GREYUIT [131]
<span>Food service operators must pay attention to detail and watch their finances in order to maximize the profit they can generate through the operation of their business. There are many aspects of a food service business that have potential to be a loss, so operators must be aware of these aspects - such as loss from ordering too much food or ingredients, employee theft, and so on.</span>
7 0
3 years ago
Matrix, a high-end manufacturer of men's cologne, charges high prices for its cologne because customers associate high prices wi
galben [10]

Answer:

symbolic/prestige pricing

Explanation:

Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.

This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.

8 0
4 years ago
Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all
umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about  reverse innovation follow the link:

brainly.com/question/14085977

#SPJ4

8 0
2 years ago
If the print media is taken over by the electronic media, thereby causing employees in the print media industry to be permanentl
Brrunno [24]

Answer:

Structural

Explanation:

Structural unemployment occurs as a result of a mismatch between the skills of unemployed labour and the skills demanded for by the jobs available. It usually occurs as a result of technological change.

Frictional unemployment occurs when when Labour is moving from one job to another.

Cyclical unemployment is when employment level changes with the business cycle. When there's a downturn in the economy, unemployment rises and falls when there's a boom.

Seasonal unemployment is when employment level falls or rises during certain seasons.

I hope my answer helps you

5 0
3 years ago
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