The covenant is against encumbrances.
<h3><u>
what is an encumbrance?</u></h3>
A claim made against a piece of property by someone who isn't the owner is called an encumbrance.
- Encumbrance may affect the property's ability to be transferred and limit its free use until the encumbrance is removed.
- Real estate is subject to the most prevalent kinds of encumbrances, such as mortgages, easements, and property tax liens.
The previous property owner failed to disclose to Li Meng that there was an easement across the property.
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Monopoly. A good way to remember this is that "mono" means "one" so, they are always #1 when it comes to market power.
Answer:
$75
Explanation:
The formula to compute the price -earning ratio is shown below:
Price earning ratio = Market price ÷ Earning per share
where,
Market price is $60
And the earning per share is
= ($1,500,000 ÷ 300,000 shares)
So, price earning ratio is 12
Now the company stock price is
$12 = Stock price ÷ (2,500,000 ÷ 400,000)
So, Stock price is $75
Answer:
a. Administrative principles approach
Explanation:
According to my research on different management philosophies, I can say that based on the information provided within the question these are part of the management philosophy known as the Administrative principles approach. This is a theory that looks for a way to realistically design and form an organizational structure as a whole single entity.
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Answer:
The correct answer is letter "C": The budget outlines a specific course of action for the coming period.
Explanation:
Budgets are estimates of the expenditures a firm expects over a certain period. They serve as tools to measure the amount of money the company should use to conduct its different activities. In most cases, managers of each department within an organization handle their own budgets to be provided to the central department in charge of budgeting the overall firm budget which will approve or adjust the unit's budget.