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Lemur [1.5K]
3 years ago
8

An owner of land may involuntarily and unknowingly give up the rights to land. When a fee simple interest is conveyed to a new o

wner without a deed and without the consent or knowledge of the original owner, this is said to be conveyed by:A. PrescriptionB. Adverse possessionC. AccretionD. Reliction
Business
1 answer:
alexdok [17]3 years ago
8 0

Answer:

The answer is: B) Adverse possession, but A) Prescription, is also correct

Explanation:

Adverse possession is the process by which a person who does not have legal rights to a certain real estate property (usually land) acquires legal ownership based on continuous occupation of the land without the consent of its legal owner.

Ownership by prescription happens when someone other than the original owner gains legal rights over a certain property under the principles of "adverse possession".

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Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing
Mashcka [7]

Answer:

The financial securities would decline by $106.7

Explanation:

Given

Financial securities at a geometric rate= $128

Underlying Security Asset = $14

Decreased value of the underlying asset = $6

When there's a reduction of $6 in the underlying asset price, this means the securities value will also get a reduction by a ratio of 6.

Because of this, we'll only consider the financial securities because it increases at a geometric progression unlike underlying assets that increases by arithmetic progression.

First, the value of financial securities needs to be calculated using the following formula;.

Value of Financial Securities = Financial securities at a geometric rate ÷

Decreased value of the underlying asset

Value of Financial Securities = $128 ÷ 6

Value of Financial Securities = $21.3

Tthe decline value of the financial securities is calculated as follows:

Decline Value = Financial securities at a geometric rate - Value of Financial Securities

Decline Value = $128 - $21.3

Decline Value = $106.7

Hence, the financial securities would decline by $106.7

6 0
3 years ago
When inflationary pressure occurs, what is happening to the dollar?
GaryK [48]

Answer:

A

Explanation:

7 0
3 years ago
the paranting style which takes the concerns of all family members into account when making decisions is
Aloiza [94]
Democratic parenting style
6 0
3 years ago
Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota
balu736 [363]

Answer:

Tatum Company

1. The carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to individual products is:

=  $ 303,000

2. Adjusting Journal Entry:

Debit Cost of Goods Good $38,000

Credit Inventory $38,000

To write-down the value of ending inventory.

Explanation:

a) Data and Calculations:

Product   Total Cost     Total Net Realizable Value    LCNRV

101            $ 136,000        $ 108,000                           $ 108,000

102               99,000             118,000                               99,000

103               68,000             58,000                                58,000

104               38,000             58,000                                38,000

Total        $ 341,000       $ 342,000                          $ 303,000

Write-down:

Cost of inventory =    $341,000

LCNRV of inventory    303,000

Inventory write-down $38,000

8 0
3 years ago
sing the preceding information, answer the following questions: (Note: Round your answers to the nearest millionth dollar.) • Wh
DedPeter [7]

Answer:

$20 million is expected to have cash balance at the end of the year.

$39 million is the maximum possible investment funds that company is expected to invest.

Yes it is true net cash flow is likely to decrease in the next quarter if the company allows customer to pay in 90 days instead of 60 days.

4 0
3 years ago
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