1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonja [21]
3 years ago
9

Carson had partial ownership of a property. he sold his ownership share for $40,000 and never told the other owners until the cl

osing was complete. carson was a
Business
1 answer:
Masteriza [31]3 years ago
3 0
<span>Carson was a joint tenant. In property law, a joint tenant owns a share of a piece of property. A joint tenant has the right to sell all or part of their share of the property as they so choose. Here, Carson sold part of the property (the part that he owned) for $40k. As a joint tenant he had the right to do so, and did not have to notify the other tenants of his decision to sell.</span>
You might be interested in
Sarah and stephanie are determined to make their business plan look as professional as possible. in order to make sure it's orga
Simora [160]
The use of technological advances can be a great help to Sarah and Stephanie in making their business as orderly and as organised as possible. Therefore, they must invest in a software program that could do the job for them. This could significantly lessen their work on managing their business.
6 0
4 years ago
Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they h
WINSTONCH [101]

Answer:

Probably not, because the terms are not definite.

Explanation:

A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.

The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.

A valid contract has the following elements: offer, acceptance, agreement, and consideration.

In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.

So the contract is probably not valid because terms are not clearly defined.

3 0
4 years ago
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $785. The
jarptica [38.1K]

Answer:

Actual Yiel to maturity is 9.3%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 4% = $40

Selling price = P = $785

Number of payment = n = 5 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( $1,000 - $785 ) / 5 ] / [ ( 1,000 + $785 ) / 2 ]

Yield to maturity = [ $40 + $43 ] / $892.5  = $83 /$892.5 = 0.0645 = 0.093%

3 0
3 years ago
Social responsibility is know as ______.
FinnZ [79.3K]

Answer:

B. people and community

Explanation:

Social responsibility is known as people and community. In other words it refers to any and all responsibilities that you may have when being part of a community or society to make that community better. This involves a wide range of responsibilities or obligations such as volunteering, cooperating with others, ethical and moral choices, etc. Anything that benefits the larger structure that you are part of would be considered a social responsibility.

6 0
3 years ago
The sarbanes-oxley act created the ____ to protect the interests of investors and further"
UNO [17]

Answer:

federal laws

Explanation:

The sarbanes-oxley act is a Federal legislation that was passed in the US on 30th July 2002. to reform, protect the accounting and corporate financial sector which includes the interest of the investors. Note: an act consist of written laws and it is made by the legislative arm of the government.

4 0
4 years ago
Other questions:
  • Web hosts generally offer between ______ of free storage. Question 7 options: 10MB and 50MB 50MB and 100MB 100MB and 200MB 200MB
    10·2 answers
  • Chrzan, Inc., manufactures and sells two products: Product E0 and Product N0. Data concerning the expected production of each pr
    13·1 answer
  • Your bank account pays a 5% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is
    14·1 answer
  • Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
    10·2 answers
  • Evaluate the business and charitable contributions of andrew carnegie and john
    7·1 answer
  • Employees expect their managers to practive management by, ___.
    15·1 answer
  • Suppose that in​ 2017, a typical U.S. student attending a​ state-supported college bought 10 textbooks at a price of ​$110 per b
    12·1 answer
  • Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold 20,000 Selling price per un
    7·1 answer
  • Why is real estate often a great investment?
    11·1 answer
  • When microwaves were new, they typically cost over $300, were bulky and required extensive counter space, and had limited styles
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!