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Mkey [24]
3 years ago
15

A contract for sale of real estate usually calls for the seller to provide evidence of title as a requisite to completing the sa

le. Today, the predominant medium through which a seller meets this requirement is by providing:
Business
2 answers:
HACTEHA [7]3 years ago
6 0

Answer:

C) only a title insurance commitment.

Explanation:

It is very common nowadays to hire a title company when you are purchasing a house or other real estate. A title company should review the title and issue a title policy that protects the buyer form any problems related to the property's title.

Before a title insurance policy can be issued, a title commitment is made. This means that the title company promises to issue a title policy after the sale is closed. The reason for this is that the title company can only issue a title policy after you bought the house, but the commitment means that they will issue it if you purchase the house.

The seller is responsible for presenting all the documents that the title company requests in order for them to issue first a title commitment and then the title policy.

ivann1987 [24]3 years ago
3 0

Answer:

C. only a title insurance commitment.

Explanation:

Based on this information it can be said that the predominant medium through which a seller meets this requirement is by providing a title insurance commitment. This refers to a promise made to provide a title insurance policy for the property after closing the sale of that property. This alone would allow the seller to complete the sale of the property.

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TuckIn, a restaurant chain, has hired a market research company to help it better understand its customers and their preferences
ludmilkaskok [199]

Answer:

B. The results are objective.

Explanation:

Thei return with the information that customer demand for quality in their dinner weren't met.

When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.

It should check now for either decrease in their quality or adapt into the customers preference change

5 0
3 years ago
Read 2 more answers
Which office has been criticized for placing business interests ahead of environmental concerns?
Delvig [45]
<span>The Trump office has been accused of placing greater importance on their own business interests, and no interest at all on environmental concerns.Trump has made it clear that he has no intention to improve the earth's environment in the future.</span>
6 0
3 years ago
An office building is expected to create operating cash flows of $30,500 a year for three years, based on tenants' rental income
Tasya [4]

Answer:

The net present value of this project is $5,809.78.

Explanation:

Note: See the attached excel file for the calculation of net present value of this project.

In the attached excel file, the discounting factor is calculated as follows:

Discounting factor = 1 / (100% + required rate of return)^n

Where n is a particular year in focus.

From the attached excel file, we have:

Net present value = $5,809.78

Therefore, the net present value of this project is $5,809.78.

Download xlsx
5 0
2 years ago
Zena Technology sells arc computer printers for $54 per unit. Unit product costs are:
Marina CMI [18]

Answer:

Minimum selling price is $ 37

Explanation:

Computation of minimum selling price

Direct materials per unit                                       $ 15

Direct labour per unit - existing       $ 19

Additional for modification               <u>$  3</u>        

Direct Labor per unit                                             <u>$ 22</u>

Variable cost per unit                                            $ 37

Since the Company has sufficient idle capacity to produce the additional order, no incremental fixed manufacturing capacity is considered.

The minimum selling price should be one which covers the variable costs ( modified for labor increase)            

5 0
3 years ago
In words, what does it mean when an economic consultant states:" kevin's income elasticity of red wine is equal to 6?
Lady_Fox [76]

When an economist says that "Kevin's income elasticity of red wine is 6" he means that if Kevin's income increases by 10%, the quantity of red wine demanded by Kevin rises by 60%. So, red wine is income elastic. Since the income elasticity is greater than 1, red wine is a luxury good for Kevin.


Income elasticity measures the change in the quantity of goods demanded relative to a change in income.

If an increase in income results in a decrease in the quantity of goods demanded, then that good is an inferior or cheap good. The income elasticity of a cheap good is negative.

If the demand for a good rises with an increase in income, then that good is a normal good. The income elasticity of normal goods is greater than zero.

If an increase in income results in a greater increase in the quantity of goods demanded, then that good is a luxury good. The income elasticity of a luxury good is greater than 1.

6 0
3 years ago
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