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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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Tom Noel holds the following portfolio: Stock Investment Beta A $150,000 1.40 B 50,000 0.80 C 100,000 1.00 D 75,000 1.20 Total $
exis [7]

Answer: -0.24

Explanation:

The portfolio beta is a weighted average of the betas of the individual stocks in it.

The portfolio beta before the replacement is;

= (1.4 * 150,000/375,000) + (0.8 * 50,000/375,000) + ( 1 * 100,000/375,000) + (75,000 * 75,000/375,000)

= 0.56 + 0.11 + 0.27 + 0.24

= 1.17

After the replacement, portfolio beta will be;

=  (0.75 * 150,000/375,000) + (0.8 * 50,000/375,000) + ( 1 * 100,000/375,000) + (75,000 * 75,000/375,000)

= 0.32 + 0.11 + 0.27 + 0.24

= 0.93

The change is therefore;

= 0.93 - 1.17

= -0.24

6 0
3 years ago
After customer service representatives are trained, their phone calls are monitored to determine if the CSRs are applying the le
Grace [21]

Answer:

Behavior

Explanation:

The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.  

For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.

Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.

On the other hand, the calls are being monitored for quality and training purposes.

8 0
3 years ago
Face when buying one of your favorite foods.
LiRa [457]

Answer:

it is too long but also I like to choice Step 1

5 0
3 years ago
You purchased five August 13 futures contracts on soybeans at a price quote of 1056′6. Each contract is for 5,000 bushels with t
stira [4]

Answer:

B) $1,187.50

Explanation:

The computation of the total profit or loss on this investment is given below:

Expiration price = 1061'4  = 1061 + 4 ÷ 8 = 1061.50

Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75

Now the profit is

= (1061.50 - 1056.75) × 5000 × 5

= $1,187.50

Hence, the profit on this investment is $1,187.50

3 0
2 years ago
Spurling et al. investigated the effects of two vocabulary learning strategies on word retention two weeks later. in this exampl
oee [108]

Learning strategy is the <u>independent </u>variable and word retention is the <u>dependent </u>variable.

A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention <em>depended </em>on different learning strategies.

7 0
3 years ago
Read 2 more answers
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