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Slav-nsk [51]
3 years ago
13

The owner of a mansion with extensive landscaped grounds installed a life-size marble statue of his late mother affixed to a gra

nite pedestal on the premises. The statue, a fixture, was specially commissioned by the owner from a well-known sculptor. Several years later, the owner entered into a contract to sell the mansion and its grounds. The contract made no mention of the statue. Prior to closing, the buyer learned that the owner planned to remove the statue before delivering the deed to the property. The buyer has objected, arguing that the statue must stay on the premises. Can the owner remove the statue
Business
1 answer:
harkovskaia [24]3 years ago
8 0

Answer:

I'm really not sure why the buyer would want to keep the statue of the seller's dead mother in the premise, it sounds creepy, but he/she entitled to do so. The statue is probably considered a fixture of the house, mansion or premise however you want to call it. When someone sells a property, he/she must include all the fixtures, e.g. doors, windows, pool. A fixture is something that is physically attached to the property.

If the seller plans to remove some fixture, e.g. an expensive lamp in the living room, he/she must state so before closing the deal and the buyer must accept it (generally it would be included in the contract).

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viktelen [127]
The answer to this question is Price
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This will really vary depending on the rarirty of the products and the purchasing power in the market.
5 0
3 years ago
. Sam Rothstein wants to borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded quarterly. How
Alborosie

Answer:

$1,140.52 per Quarter

Explanation:

Loan Amount (P) = $15,500

Quarterly Interest Rate (n) = 4.00% [16.00% / 4]

Number of period (n) = 20 Periods [5 * 4]

Quarterly Loan Payment = [P * {r*(1+r)^n} ] / [(1+r)^n - 1]

= [$15,500 * {0.04 * (1+0.04)^20}] / [(1+0.04)^20 - 1]

= [$15,500 * {0.04 * 2.1911231}] / [2.1911231 - 1]

= [$15,500*0.0876449] / 1.1911231

= $1,358.50 / 1.1911231

= $1,140.52 per Quarter

7 0
2 years ago
A corporate culture is generally defined as the
Lady bird [3.3K]

Answer:

inner rites, rituals, heroes, and values of a firm. one's duty to do a job or perform a task is called.

Explanation:

5 0
2 years ago
In a monopoly market, Select one: a. other firms have no incentive to enter the market. b. profits will always be positive becau
Ratling [72]

Answer: Option (c) is correct.

Explanation:

Correct option: The demand facing the firm is downward-sloping because it is the market demand.

In a monopoly market conditions, there is a single seller in the market and the monopolist firm is price setter. But the demand curve faced by the monopoly firm is downward sloping because monopolist is a single firm who is operating in the market and there is a need to reduce prices if he wants to sell an additional units.

4 0
3 years ago
what tax software program do you feel would be your best choice today and why do you think it is the best? ​
Fynjy0 [20]

Answer:

Turbotax

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it's easy to use especially for first timers.

6 0
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