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cestrela7 [59]
3 years ago
7

In what kind of estate does ownership revert to the grantor of the estate if usage fails to conform to a stated condition in the

grant?
Business
1 answer:
Nimfa-mama [501]3 years ago
8 0

Answer:

The correct answer is a Fee simple defeasible estate.

Explanation:

A fee simple defeasible estate is a type of property that has some conditions attached to it. In case the conditions are not conformed the estate goes back to the grantor.

The holder of such an estate holds it as a fee simple subject to that condition. If the given condition is not met the estate either goes to the original grantor or to a third party.

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The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
ikadub [295]

Answer: $230,500

Explanation:

Goodwill is the amount over the value of a company that is purchased for.

Fair market value is the relevant value used in goodwill calculation because it represents the current value of the assets acquired.

Goodwill = Acquisition price - Fair market values of the assets

= 511,000 - 35,000 - 183,000 - 46,500 - 16,000

= $230,500

8 0
3 years ago
Ben created a site that allows potential customers to fill in their information if they want a free consultation. What did Ben c
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Answer: the correct answer is call-to-action.

Explanation:

6 0
3 years ago
When union representatives negotiate with employers for better wages and working conditions, they are involved in __________?
kifflom [539]
They are in a labor union
3 0
3 years ago
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are
romanna [79]

Answer:

The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed

The Triple Bottomline.

It is also referred to by economists as the 3P - People, Planet and Profit.

It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.

In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.

Cheers!

7 0
3 years ago
True or false: If Dogs R Us overstates ending inventory on the balance sheet, then total equity on the balance sheet will be ove
ANEK [815]

Answer:

True

Explanation:

The statement is true

6 0
2 years ago
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