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Title insurance is what protect the buyer before the sale and can reimburse the buyer after the sale if a title issue arises.
<h3>What is meant by title insurance?</h3>
This is the term that is used to refer to what can help to save a person from some forms of problem when they buy real estate. The title insurance is used to solve ownership title.
The way that it helps would be the protection of the home buyers as well as the lenders. Hence we can say that Title insurance is what protect the buyer before the sale and can reimburse the buyer after the sale if a title issue arises.
Read more on title insurance here: brainly.com/question/14272235
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Explanation:
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Answer:
The net income from the income statement is $135,000.
Explanation:
The income statement for the year ended May 31, 20Y6 can be prepared as follows:
Paradise Travel Service
Income Statement
For the Year Ended May 31, 20Y6
<u>Particulars $ $ </u>
Revenue:
Fees earned 900,000
Expenses:
Wages expense (450,000)
Office expense (300,000)
Miscellaneous expense <u> (15,000) </u>
Total expenses <u> (765,000) </u>
Net income <u> 135,000 </u><u> </u>
Therefore, the net income from the income statement is $135,000.
Answer:
3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.