"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.
<h3>What is a deed?</h3>
Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.
In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.
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First option.
Indeed, some people may benefit by paying the artificial price, but not all as other people may not be able to satisffy all their demand as a price ceiling will also effectively create a shortage due to the low prices disincentivizing producers.
<span>The Gini ratio for lifetime income is less than the Gini ratio for annual income.</span>
Answer:
Explanation:
A resume is a document used to present one's background,skill sets,and accomplishments used in job searches.
Answer:
NPV = $20,040.35
Explanation
The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.
NPV = PV of cash inflow - PV of cash outflow
We can set out the cash flows of the project using the table below:
Annual net cash inflow = Savings - Technician cost = 61,427- 20,000
= $41,427
PV of Cash flow= $41,427 × (1-(1.12^(-5))/0.12= 149,335.06
PV of salvage value = 1.12^(-5)×$6,641 = 3768.281749
NPV = 149,335.06 + 3,768.281 -133,063= 20,040.35
