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oksian1 [2.3K]
3 years ago
10

Mike relocated for work and learned that the region in which he planned to buy a home had many old underground mines. In fact, M

ike might even need to purchase mine subsidence insurance. What might a home inspector flag for Mike if there are any concerns about undermining
Business
1 answer:
4vir4ik [10]3 years ago
8 0

The issue that a home inspector will flag for Mike, given the concerns about a undermining, is the formation of a sinkhole on the property

The reason for the presence of a sinkhole on the property being raised by the home inspector is as follows;

The location Mike intended to buy a home is one with several underground mines, such that Mike could need mine subsidence insurance

A home inspection is an aid that helps a person intending to but a house make more informed decisions about the home under consideration

The function of an home inspector includes the identification of the issues that could possibly arise and the maintenance to be expected on the property, and therefore, the risks and opportunity in the purchase

Among the potential risk that will raised by a home inspector on the property with underground mines include the possibility of a sinkhole on the property

A sinkhole is a surface depression that results due to dissolution of near surface rocks by water draining into cavities under the soil surface, thereby eroding the rock such limestone, underneath, that develops in a manner which is not readily obvious or predictable

Sinkhole are not covered by most homeowner's insurance policy, making the property a money pit

Therefore, the home inspector might flag the likelihood of a sinkhole on the property

Learn more about home insurance and home inspection here;

brainly.com/question/15094642

brainly.com/question/3510562

brainly.com/question/6746753

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On June 30, 2019, bonds were issued at par with a face value of $2,000,000 and a 7% stated interest rate. Each bond has a $1,000
vagabundo [1.1K]

Answer:

The answer is "$84,000 in the numerator and 60,000 in the denominator".

Explanation:

If securities are transformed into stocks. So, the common stack holder  should be have a larger net revenue, calculation of net revenue

= \$ 2,000,000 \times 7 \% \times (1 - 0.40) \\\\=  \$ 2,000,000 \times \frac{7}{100} \times 0.6\\\\=  \$ 20,000 \times 7 \times \frac{6}{10}\\\\=  \$ 2,000\times 7\times 6\\\\=  \$ 2,000 \times 42\\\\=  \$ 84,000\\

In addition, the loads will also raise the total amount of shares which is calculated as follows:

= \frac{\$ 2,000,000}{ \$ 1,000 \times 30}\\\\= \$ 60,000  \ stocks

Formula:

\ EPS =\frac{\ net \ income}{ \ average \ number \ of \ stocks}

That's why in this question numerator is = $ 84, 000 and denominator = $ 60,000

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When the federal reserve conducts open-market operations to increase the money supply, it buys or sells government bonds. The money supply increases when buys bonds and decreases when sells bonds.

An open market operation is an example of monetary policy. Monetary policy are the policies undertaken by a country's central bank in order to affect the level of aggregate demand in the economy.  

An open market operation is the sale or purchase of government bonds. When the Fed sells bonds, its is known as an expansionary monetary policy because it increases the supply of money in the economy. On the other hand, when the Fed buys bonds, it is known as a contractionary monetary policy because it decreases the supply of money in the economy.

To learn more, please check: brainly.com/question/6590619

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Express agency means an actual agency created by written or oral agreement between the principal and the agent. Through this agreement the principal authorizes a person to act as the principal's agent. For example, a written listing agreement between a seller of real estate and broker is an express agency

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