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just olya [345]
4 years ago
10

Edison sold his land with an easement appurtenant for a road. the deed to the buyer contained an adequate description of the lan

d, but it failed to make reference to the easement. the buyer:
Business
1 answer:
Zinaida [17]4 years ago
4 0
The buyer takes title to a landlocked property.

Easement <span>appurtenant is defined as an easement that benefits one parcel of land, known as the dominant tenement, to the detriment of another parcel of land, known as the servient tenement.

The property having an easement appurtenant is a landlocked property. It means that in order to have access on the property, one must go through a road that is owned by another that holds the servient tenement.  

Even though Edison failed to disclose about the easement appurtenant, the buyer can still have easement appurtenant on the road. This is because the easement appurtenant is attached to the land and is automatically transferred to the new owner once the land is sold. </span>
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Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than
galina1969 [7]

Answer:

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

Explanation:

163000 x20% = 32,600

163,000 - 32,600 = 130,040

current mortgage cuota:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C \times \frac{1-(1+0.0625/12)^{-30*12} }{0.0625/12} = 130,040\\

C= 800.68

800.68/ 2,986 = 0.2681 = 26.81%

this cuota exeeds the desired amount Giselle wants.

her couta can be as much as 2,986 x 25% = 746.5

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

3 0
3 years ago
At Bargain Electronics, it costs $29 per unit ($15 variable and $14 fixed) to make an MP3 player at full capacity that normally
frez [133]

Answer:

Bargain Electronics would realize Net Income of $35,200 by accepting the special order.

Decision : The special order should be accepted.

Explanation:

<u>Analysis of net income effect of accepting the special order</u>

Sales ( 3,200 units × $28)                   $89,600

Less Expenses :

Variable ( 3,200 units × $15)             ($48,000)

Shipping Costs ($2 × 3,200 units )     ($6,400)

Incremental Income / (loss)                $35,200

<em>Note that, the fixed costs are irrelevant for this decision. This is because they will remain the same whether or not the special order is accepted.</em>

7 0
3 years ago
Scott Bestor is an accountant for Westfield Company. Early this year, Scott made a highly favorable projection of sales and prof
kozerog [31]

Answer:

Scott Bestor should confess his honest mistake.

Explanation:

Two of most important attributes that are required from an accountant are integrity and trustworthiness.

Refusing to tell the management his honest mistake in order not jeopardize his possible promotion is a short-run gain to him. But confessing his honest mistake has a long run gain as this will preserve his integrity and trustworthiness forever. In addition, it is unethical and a sign of disloyalty for an accountant not to disclose all the information relevant to the company based on his position as an account.

Therefore, Scott Bestor should confess his honest mistake rather than sacrificing his integrity and trustworthiness as well as the ethic of his profession for a short-term gain (i.e. promotion).

4 0
3 years ago
The marketing concept is a philosophy that focuses on A. Advertising products B. Selling products C. Making good products D. Pro
Pie

Answer:

D. Providing value to customers

Explanation:

The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition. Today most firms have adopted the marketing concept, but this has not always been the case.

Hope this was helpful, have a Wonderful Day!!

4 0
3 years ago
Cost of goods manufactured equals $65,000 for 2013. finished goods inventory is $2,000 at the beginning of the year and $5,500 a
Mkey [24]
I believe the answer is d
3 0
4 years ago
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