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Rashid [163]
3 years ago
6

Many substandard condo developments have been built by small corporations that declare bankruptcy or go out of business when leg

al actions are started against them by condo buyers. What legal remedies might reduce this moral hazard​ problem? Legal remedies that might reduce moral hazard among small corporations that build condos include A. prohibiting these builders from receiving deferred payments. B. excluding these builders from insurance mandates. C. providing limited liability for these builders who incorporate. D. required these builders to post a surety bond. E. establishing wage maximums that these builders can be paid.
Business
1 answer:
xenn [34]3 years ago
3 0

Answer:

required these builders to post a surety bond.              

Explanation:-

A protection bond is described as just a three-party deal that technically bonds a contractor in need of the security, an obligatory in need of the bond and a security firm that markets the security. The contract promises that the trustee must behave according to certain legislation.

Therefore, a protection guarantee would be provided in the statutory remedy that just might minimize specific incentives for small condo-building companies.

If I'm considering purchasing a house in such a new facility, a few of the developer 's features would make purchasing more probable are his credibility on the industry as well as his regulatory compliance the specifics of the apartment.

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4) All of the following are true of known liabilities except:A) Include accounts payable, notes payable, and payroll.B) Are obli
Thepotemich [5.8K]

Answer: E) May depend on some future event occurring. It is not a characteristic of known liabilities.

Explanation:  Unknown or uncertain liabilities are those whose existence depends on the occurrence of a future event.

Known liabilities <u>are definitely determinable and measurable.</u>

<u />

3 0
3 years ago
An excise tax of $2 is placed on a jar of Honey. Honey producers end up bearing only $0.40 of the tax. The demand curve for hone
saw5 [17]

Answer:

The correct answer is option c.

Explanation:

If the demand for a product is elastic the tax burden will be borne by the producer. This is because elastic demand means that an increase in the price will lead to a more than proportionate reduction in the quantity demanded. So with the imposition of a tax, the sellers will not increase the price as it is likely to reduce demand.

If the demand is inelastic, it means that an increase in price will lead to less than a proportionate decrease in the demand. In this situation, after the imposition of tax, the tax burden can be shared between producer and buyer.

3 0
3 years ago
The management of Truelove Corporation is considering a project that would require an initial investment of $321,000 and would l
Art [367]

Answer:

2.6 years

The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

Cash flows is used in calculating the payback period.

To derive the payback period from net income, add depreciation to net income

$82,000 + $42,000 = $124,000

$321,000 / $124,000 = 2.6 years

I hope my answer helps you

4 0
3 years ago
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if commu
Veseljchak [2.6K]

Answer:

identify value

Explanation:

Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.

identify if communications are effective is used determine who the consumers are and the type of media preferred.

identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.

identify threats and investigate the competition is used to determine changes in consumer preferences and competition

8 0
3 years ago
Which of the following is true of using direct marketing channels?
podryga [215]

Answer:

c

it reduces the number of channels example, by using email and short message servicing

7 0
3 years ago
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