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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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Answer:

<em>Licensing </em>

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3 years ago
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Ksivusya [100]

Answer:

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Explanation:

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The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.

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Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

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500 printing + 3,500 developing = 4,000

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A smart card looks like a credit card but it has a(n) ________ built into it
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