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alexandr1967 [171]
3 years ago
8

Lester Dunbar sold to Walter Masters real property on which Charles Endicott held a first mortgage. Masters expressly assumed th

e mortgage debt. Subsequently, Masters defaulted in payment of the mortgage debt. Masters contends that Endicott must first proceed against Dunbar, the original mortgagor, because he is primarily liable for the mortgage debt. Based upon these facts, ___________.
Business
1 answer:
olga55 [171]3 years ago
8 0

Answer: Dunbar is, in fact, a surety and must satisfy the mortgage if Masters does not.

Explanation:

A surety refers to the individual who makes a promise to be responsible for the debt obligation of a borrower on a situation whereby the borrower defaults and doesn't take responsibility. The surety is also known as the guarantor.

Since Masters defaulted in payment of the mortgage debt, but contends that Dunbar, is the original mortgagor, because he is primarily liable for the mortgage debt, then Dunbar is a surety and must satisfy the mortgage if Masters does not.

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Under the fair-value method of recording stock options, companies will report
Alexxx [7]

Answer:  a higher compensation cost relative.

6 0
2 years ago
Illinois​ Furniture, Inc., produces all types of office furniture. The​ "Executive Secretary" is a chair that has been designed
viktelen [127]

Answer:

hello your question is incomplete attached below is the missing table to your question

Illinois​ Furniture, Inc., produces all types of office furniture. The​ "Executive Secretary" is a chair that has been designed using ergonomics to provide comfort during long work hours. The chair sells for​ $130. There are 480 minutes available during the​ day, and the average daily demand has been 50 chairs. There are eight tasks

answer : a) 9.6 minutes

               b) 5 work stations

               c) choose initial task and task with maximum task time

               d) 21 minutes

Explanation:

A) cycle time for the production of a chair

cycle time = (production time available per day ) / ( unit demand per day )

                 = 480 minutes / 50 chairs

                 = 9.6 minutes ≈ 10 minutes

B) theoretical minimum number of workstations

    = Total task / cycle time

 where total task = (4 + 7 + 6 + 5 + 6 + 7 + 8 + 6 ) = 49 minutes

             cycle time = 9.6 minutes

hence theoretical minimum number of workstations = 49 / 9.6 = 5.1

 ≈ 5 workstations

C ) Assignment of tasks to workstations

      attached below

you will choose the initial/first task and also the task with maximum tax time

D) For the process the total idle time per cycle

total idle time = summation of all idle times for the 8 tasks = 21 minutes

Task A, C = 0 minutes

Task B = 3 minutes

Task E = 4 MINUTES

Task F = 3

Task G = 2

Task H = 4

Task D = 5

6 0
3 years ago
A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for
Nina [5.8K]

Answer:

c.12%

Explanation:

PVF of  12% for 6 years is 4.11

PVFof 11% for 6 years is 4.23

Present value of cash inflows, 12% = 7251*4.11

Present value of cash inflows, 12% = 29801.61

Present value of cash inflows, 11% = 7251*4.23

Present value of cash inflows, 11% = 30671.73

Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)

Internal rate of return = 11.7719969659%

Internal rate of return = 11.772%

3 0
3 years ago
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
The ABC Corporation is considering introducing a new product, which will require buying new equipment for a monthly payment of $
scZoUnD [109]

Answer:

5500 units per month must be sold to earn the required profit

Explanation:

The target profit is the amount of profit that a business wants to earn. To calculate the target profit, we can use the break even analysis and include the factor for target profit under its formula and calculate the units and the dollar sales needed to earn the target profit.

In this case, the target profit is $50000 per month.

The break even in units = Fixed cost / contribution margin per unit

Contribution margin per unit = selling price per unit - variable cost per unit

To calculate units required for target profit, we will add the target profit to the fixed cost and divide by the contribution margin per unit

Target profit units = (fixed cost + target profit) / Contribution margin per unit

So,

Contribution margin per unit = 20 - 10 = $10 per unit

Target profit units = (5000 + 50000) / 10

Target profit units = 5500 units per month

7 0
3 years ago
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