A buyer agrees to purchase real property by making monthly payments to the seller and then receiving a deed at a later point in time. such an agreement is known as a/an purchase-money mortgage.
What is purchase-money mortgage?
A purchase-money mortgage is a mortgage that the seller of home issues to the borrower as part of the sale of the property. This is typically done in circumstances where the buyer is unable to qualify for a mortgage through conventional banking channels. It is also known as seller financing or owner financing. In circumstances when the buyer is taking over, the seller's mortgage, and seller financing makes up the difference between the mortgage's outstanding balance and the property's sales price, a purchase-money mortgage may be employed.
What is one of the disadvantages of the purchase money mortgage?
One drawback is that you are still, and will continue to be, the home's legal owner. In the event that those buyers turn out to be dishonest, you can be left with damaged properties. Another drawback is that it could be challenging to evict or foreclose on a buyer who defaults on a loan.
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Answer:
Check the explanation
Explanation:
Calculate august cash disbursement for manufacturing budget :
August
Direct labour hour 8000
Variable overhead per hour 1.40
Variable manufacturing overhead 11200
Fixed manufacturing overhead 100540
Total manufacturing overhead 111740
Less : Depreciation -8810
Cash disbursement for manufacturing overhead 102930
Answer: $5416.64
Explanation:
Based on the information given, $5000 will be deducted from its organizational cost of $17500, and we'll have $12500. Then, the capitalized cost over 6 months that's 180 days will be:
= Non deductible cost / 180 months
= $12500 / 180
= $69.44 per month
Since Ajax Inc began operation in July, the ammortization will be:
= $69.44 × 6 months
= $416.64
The amount that Ajax can deduct from its $17,500 organizational costs on its first tax return will be:
= $5000 + $416.64
= $5416.64
Answer: The values are missing below are the values
a. $105
b. $95
answer :
a) $5
b) -$5 ( loss )
Explanation:
From the perspective of the long position for each of the two options upon expiration
a) For $105
for the long position ( long call ) since the expired price > than the exercise price
i.e. $105 > $100 the profit = $105 - $100 = $5
b) For $95
For the long position ( long call ) since the expired price < than the exercise price
i.e. $95 < $100 the profit = $95 - $100 = - $5 ( a loss is incurred )
Answer:
Smartphone Market
Apple, Google, and Blackberry:
This analysis is consistent with the industrial organization model:
a) True
Explanation:
Industrial organization is the application of the economic theory of price, the structure of markets, and the strategic moves by firms to industrial analysis. According to investopedia.com, "Industrial organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition."
The industrial organization model is a way of explaining the forces outside an organization that exert influences on a firm's strategic actions. It is based on the assumptions that decision-makers act rationally, have mobile resources that they control, and that pressures and constraints are imposed by the external environment.
