Question 2 Multiple Choice Worth 10 points)

Mr. and Mrs. Jones are purchasing a summer home in a new resort development. The house is completely equipped, and the buyers ha

Liono4ka [1.6K]

Answer:

The correct answer is A package trust deed.

Explanation:

A trust or trust (from the Latin fideicommissum, in turn from fides, "faith", and commissus, "commission") is a contract under which one or more persons (trustor / trustee / s) transfer assets, amounts of money or rights, present or future, of your property to another person (fiduciary, who may be a natural or legal person) to administer or invest the property for their own benefit or for the benefit of a third party, called beneficiary, and transmit your property, upon compliance with a term or condition, to the trustee, which may be the trustee, the beneficiary or another person.

At the time of the creation of the trust, neither party owns the property object of the trust. The trust is, therefore, a contract whereby a person allocates certain assets for a specific lawful purpose, entrusting the realization of that purpose to a fiduciary institution in all companies.

The assets affected by the trust do not run the commercial risk of the trustee (the one who transfers ownership of the assets) or the trustee (the owner of the trust assets after the expiration of the contract term), since the assets that are the object of the trust It cannot be prosecuted by the creditors of either of them, nor affected by the bankruptcy of both or any of them.

4 0

4 years ago

Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m

natka813 [3]

Answer:

b. Zone of service

Explanation:

The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.

4 0

3 years ago

What is the significance of signing a promissory note?

s2008m [1.1K]

Answer:

The correct answer is letter "D": You are formally accepting a loan and agree to pay it back in accordance to the terms that are outlined for that loan.

Explanation:

A Promissory Note is a written promise made by one party to pay a specified sum of money to another party, either on-demand or at a specified future date. It is commonly used as a means of short-term financing in businesses. For example, when a company has solved many products but not yet collected payments for them, it may become low on cash and unable to pay its own creditors with the case. In such a case, it may ask its creditors to accept a promissory note that can be exchanged for cash at a future time after it collects its account receivables.

5 0

4 years ago

the builders of the transcontinental railroad used legal and illegal means to cut costs and finance construction. which phrases

jekas [21]

The builders of the transcontinental railroad used legal and illegal means to cut costs and finance construction. The Legal means are -

receiving government aid

overcharging the government for work

allowing poor and unsafe workmanship

selling stock in their companies.

What is a transcontinental country?

Transcontinental nations are nations which might be placed on more than one continent. they're also referred to as intercontinental states. The transcontinental countries are known to be a part of a particular continent but a portion of or its overseas territories lie in another continent.

How many transcontinental international locations are there?

Argentina, Australia, Chile, France, New Zealand, Norway, and the United Kingdom: those seven states claim portions of the Antarctic mainland (some of them overlapping), in addition to its associated islands south of 60°S latitude.

How do you use transcontinental in a sentence?

The railway has been constructed by way of the Mexican authorities as a transcontinental path for global trade. For transcontinental flights I have made aluminum sturdy containers. but the desire for Canadian harmony led the kingdom to assist a transcontinental line connecting Manitoba with jap Canada.

Russia is a transcontinental USA, a state which is located on a couple of continent. Russia spans the northern a part of the Eurasian continent; 77% of Russia's place is in Asia, the western 23% of the us of a is placed in Europe. ecu Russia occupies almost forty% of the full area of Europe.

Learn more about transcontinental here :- brainly.com/question/538605

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7 0

2 years ago

Marcie conducted a study of the cost of breakfast cereal. She recorded the costs of several boxes of cereal. However, she neglec

tester [92]

Answer:

The advice is wrong. A sampling error only accounts for the difference in results based on the use of a sample rather than the entire population.

Explanation:

7 0

3 years ago