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Sindrei [870]
3 years ago
8

An uncle executed a warranty deed granting a parcel of land to his nephew. The uncle placed the deed in his bedroom closet and t

old his friend to get the deed and give it to the nephew if the nephew survived the uncle. Several years later, the uncle conveyed the land by quitclaim deed to a purchaser for $20,000. The uncle told the purchaser about the earlier deed to the nephew, and he told the purchaser that he planned to tear it up, but the uncle never did so. The purchaser properly recorded her deed. The uncle died the following year, leaving the nephew as his sole surviving heir. The friend thereupon delivered the uncle's deed to the nephew, which was the first time the nephew knew of the deed. A statute of the jurisdiction in which the land is located provides: "No conveyance or mortgage of real property shall be good against subsequent purchasers for value and without notice whose conveyance is first recorded according to law." Was the deed from the uncle to the purchaser effective?
Business
1 answer:
solniwko [45]3 years ago
6 0

Answer:

No, the uncle's action to the buyer was not effective.

Explanation:

His uncle executed a deed of guarantee that gave the nephew a plot of land and did not undo the action. So the nephew is the natural heir, as the statute of the jurisdiction in which the land is located provides that no transfer or mortgage of real estate will be valid against subsequent buyers for value and without notice whose transfer is first registered, from according to the law.

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<u>Explanation:</u>

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The operations of the company can be found with the CFS. The investors to the company can understand the position of the company with the cash flow statements. Financial strength of the company can be determined with cash flow statement.

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3 years ago
Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides
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Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

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4 0
2 years ago
Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took
ollegr [7]

Answer:

Cost recorded for this machine = $14,240

Explanation:

Particulars                                       Amount

Invoice Price                                   $12,500

Less: Cash Discount                       <u>$250</u> (12,500*2%)

Net Purchase Price                        $12,250

Add: Transportation Costs             $360

Add: Power Connections               $895

Add: Assemble Cost                       $475

Add: Material used                   $40

Add: Repair                                      $180

Add: Material used in adjusting      <u>$40      </u>

Amount to be capitalized              <u>$14,240 </u>

Note: <em>The repair cost is included because it is incurred before machine is put in operation.</em>

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Well-conceived policies and operating procedures facilitate good strategy execution by A. leaving it up to employees regarding h
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The Well-conceived policies and operating procedures facilitate good strategy execution by:

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<h3>What is the use of  Well-conceived policies?</h3>

This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm

Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.

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3 0
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Answer:

c. innovation adoption

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According to this model ,

Number of stages were defined , which enables to target some specific consumers in a very innovative manner , so as to make people aware about their goods and services , is referred to as innovation adoption model  .

The method is used to inform consumers about new goods and services , which in turn make the product famous and increases the production of the company and thereby increases the profit of the company .

Hence , from the given scenario of the question ,

The correct option is c. innovation adoption .

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