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serious [3.7K]
4 years ago
15

Melissa sells a house to Smith. Before the sale is finalized, Smith asks Melissa for details of repairs the house has undergone

over the years. Melissa gives him details of minor repairs but hides all documents regarding a major plumbing defect that was repaired last year. Three months after the Smith moved in, the defect reappeared that caused the first floor to flood, damaging their expensive carpet and furniture. Melissa is liable for which of the following frauds?
a. fraud by concealment.
b. fraud in the inducement.
c. fraud in the inception.
d. Melissa is not liable because she already had the problem repaired.
Business
1 answer:
krok68 [10]4 years ago
7 0

Answer:

d

Explanation:

There are no laws concerning total honesty in the sale of homes. Especially since the problem has been fixed.

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Keep an emergency kit and fresh water in your car in the event of______
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A breakdown or emergency or an unexpected event

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So according to the given statement, A breakdown or emergency or an unexpected event is an answer

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3 years ago
Describe three different financial decisions and their opportunity costs.
KatRina [158]

Answer:

Going to college has an opportunity cost of not working or working less. Buying a car has an opportunity cost of not being able to save as much. Buying a house could have an opportunity cost of not being able to travel. Opportunity cost is the choice you give up when selecting something else.

Explanation:

8 0
3 years ago
Read 2 more answers
You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 an
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Answer:

if the stock price is between $44.25 and $55.75

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Given that, the investor net gain on premium from option is $1.25 + $4.5 = $5.75.

Thus, the investor has to buy at $50 and obligation to sell at $50 in August.

Hence, investor paid-off is shown as x, of Hug-Packing in August as below:

Spot price <$50: 5.75 - (50 - x) = x - 44.25

Spot price = $50: $5.75

Spot price > $50 : 5.75 - ( x -50) = 55.75 - x

Thus, the strategy will pay off only when:

(x - 44.25) > 0 and (55.75 - x) <0 or x is between $44.25 and $55.75.

7 0
4 years ago
Identify factors that could prevent an older, established company from effecting an enterprise-wide, customer-centric culture.
leva [86]

Answer:

A more established company may find it difficult to implement an enterprise-wide, customer-centric culture due to the following reasons:

A) Existence of a Multi-Product Business Model

A business entity that is well established with a lot of years under its belt will find it a tough challenge to shift from a product-oriented business model to a customer-oriented business model.

To be product-focused simply means that that a company has woven its organisational structure around products. For examples, a company that is into the gaming business may have teams for their Sports Betting Section, another for their online gaming section, game hardware section, gaming apps section etc.

First, for these various teams, their performance metric will largely depend on how functionally efficient their products are.  

Second, techy or geeky staff are seldom efficient when it comes to emotional intelligence - a key requirement for being customer efficient.

One way to handle this is to ensure that there is a central Customer Relationship Management team that oversees the customers for each product.

B) Organisational Inflexibility

As direct to the point as it sounds, getting market intelligence for with the intention to use them for decision making is challenging. What is tougher is the ability to implement the insights from such intelligence to effect a turn around in the way customers perceive and respond to a company's offerings.

The ability to quickly take gather market intel, agree on a strategic direction based on same and execute can be referred to organisational agility.  

The more bureaucratic and hierarchical an organisation is (this, by the way, characterises older and more established business systems) the less agile it is likely to be.

Cheers!

   

3 0
4 years ago
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