Answer:
The answer is: Earnest money deposit (EMD)
Explanation:
An EMD or a good faith deposit is done in a real estate operation. Usually when the buyer doesn´t have all the money to buy the property they make a EMD when signing a sales contract. The EMD gives the buyer some time to get a loan, conduct the title search, a property appraisal and all the inspections necessary before closing the deal. The buyer gets his money back in case something goes wrong with the sell that isn´t his responsibility, i.e. the house has severe damage that was unnoticed until a further inspection was made. But when the sell isn´t carried out due to issues with the buyer, i.e. he couldn´t get his loan approved in time, then the buyer gets to keep the EMD. The contingencies must be stipulated in the contract, ether in favor of the buyer or the seller to establish in which cases a party can claim the EMD.
Answer: not at all
Explanation:
not enough information to advise “negative” or “positive”
Answer:
Understanding debt is critical to both financial literacy and financial security.
Explanation:
While most people have some debt, typically the importance of that debt is in direct proportion to the amount of debt they have. While some debt, such as a mortgage, business or automobile loan, can show stability and maturity, having more debt than you can pay can affect your health, relationships and your employment.
Answer:
B. Input related
Explanation:
Input related sales objectives makes emphasis on the number of sales calls and selling expenses. It shines light on the actual activities done by the salesperson which may include but not limited to selling expenses, sales call and so on. Generally, sales objectives sets up a sales team for success.
Answer:
credit to share capital account .
common stock capital : $35,000 Credit
share premium account: $35,000 credit
Explanation:
The share capital (capital accounts) are usually credit entries. The share is trading at a premium of $5 per unit , Issue of 7000 common stock will realise a total cash of $70,000 which is used to pay off attorney services. The common stock share capital will increase by 7000 x $5 = $35,000 and the balance premium ($35,000) will be to share premium account
