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mafiozo [28]
3 years ago
11

Property ownership madison owned a tract of land, but he was not sure that he had full title to the property. when rafael expres

sed an interest in buying the land, madison sold it to rafael and executed a quitclaim deed. rafael properly recorded the deed immediately. several months later, madison learned that he had had full title to the tract of land. he then sold the land to linda by warranty deed. linda knew of the earlier purchase by rafael but took the deed anyway and later sued to have rafael evicted from will linda succeed in claiming title to the land? explain.
Business
1 answer:
Hoochie [10]3 years ago
8 0
For me, Linda will not be able to win her suit against Rafael in claiming the land. 

In the event of Warranty deed vs Quitclaim deed, warranty deed wins over quitclaim deed. But, there are instances that quitclaim deed wins over warranty deed. And I think that the above circumstance is an exception to the general rule.

It all boils down to good faith. Because the transaction between Rafael and Madison are clear and in good faith, their transaction is legal. Because the transaction between Linda and Madison is done in bad faith to the detriment of Rafael, their transaction is void despite it being secured with a warranty deed.  
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An investment banking firm has been hired to roll up various partnerships into one master limited partnership. What is the compe
liq [111]

Answer:

2%

Explanation:

Based on the industry standards and regulations, an investment banking firm or a broker-dealer canvassing the agreements from limited partners in relation to a roll-up is outrightly limited to compensation of 2% of the value of the newly created securities.

Therefore, the correct answer, in this case, is that the compensation limit for this activity is pegged at 2 percent

3 0
3 years ago
Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electron
Juli2301 [7.4K]

Answer:

Disruptive innovation.

Explanation:

Disruptive innovation is one that creates the way a market operates, that is it creates a new market and disrupts the old one. Existing firms and products are displaced.

In this instance when Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electronic or hybrid automobile, it introduced a product that will cause disruptions in the current automobile industry.

Although there was challenges of frequent repairs, this was eventually resolved.

8 0
4 years ago
If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?
Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

Decrease in price = 1%

<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

3 0
3 years ago
Fishermen’s Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of t
ozzi

Answer:

The boat today is worth 100,440 dollars

Explanation:

We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:

We will apply the formula for lump sum to each \frac{Maturity}{(1 + rate)^{time} } = PV  

cash flow and then add them together

\frac{20,000}{(1 + 0.08)^{1} } = PV  

\frac{40,000}{(1 + 0.08)^{2} } = PV  

\frac{60,000}{(1 + 0.08)^{3} } = PV  

Year Nominal     Present Value

1 20000  18, 518

2 40000 34,293

3 60000 47,630

TOTAL            100,441

5 0
3 years ago
As a manager, you review time and activity schedules, review procedures, and schedule in-services. These are part of: Choose one
olga nikolaevna [1]

Answer:

Planning and Controlling

Explanation:

This is because Planning involves the maintenance and organizational approach of achieving strategic objectives while controlling is the aspect of project which involves systematic effort by business management to compare performance to predetermined standards, plans, or objectives in order to determine whether performance is in line with these standards.

6 0
3 years ago
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