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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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When is outsourcing NOT beneficial?a) when internal control over a particular activity is deemed essential b) when it improves o
Zielflug [23.3K]

Answer: Option A

Explanation: Outsourcing can be defined as a situation in which a company hires another company for performing some activities that are non core for the hiring companies.

For, example a company having business of making soft drink might outsource its advertising activity.

One problem with outsourcing is that it leads to no internal control of the hiring company's management on that particular activity, leading to high probability of fraud or failure.

Thus, if an activity needs internal control it should not be outsourced.

6 0
4 years ago
Consider a small economy composed of six people: Yakov, Ana, Charles, Dina, Juanita, and Gilberto. Each person's employment stat
Yanka [14]

<u>Solution and Explanation:</u>

<u>The status of each of the given case is as follows: </u>

person            Status                        Explanation

A       Employed                      He is already working as a coach

B      Unemployed               Been laid off and also looking for a job

C      Not in the labor force  Since he was willingly off from the work and he is not actively looking for another work

D Not in the labor force          Since she is not actively looking for another work.

E        Employed                          As he is working on novel

F Not in the adult population     Since he is 10- year old and is also a student    

<u>Labor force participation</u> = Number of labor force divided by Adult population   = 3 divided by 5 = 60 percent

Thus, the option D is correct answer.

<u>Unemployment rate </u>= Number of unemployed divided by labor force

= 1 divided by 3 = 33.33 percent

Therefore, the correct option is A option.

7 0
3 years ago
g Samco signed a 5​-year note payable on January​ 1, 2018​, of $ 475 comma 000. The note requires annual principal payments each
Tanya [424]

Answer:

B. a debit to Interest Expense for $ 42 comma 750.

C. a credit to Cash of $ 137 comma 750.

Explanation:

Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.

As per given data

Principal Payment = $95,000

First Interest payment = $475,000 x 9% = $42,750

Total Payment = $95,000 + $42,750 = $137,750

Journal Entry for first payment

Dr. Interest Expense $42,750

Dr. Not Payable         $95,000

Cr. Cash                     $137,750

6 0
3 years ago
Inputs and outputs Edison's Performance Pizza is a small restaurant in Philadelphia that sells gluten-free pizzas. Edison's very
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Answer:

Edison cannot change the number of ovens he uses because it is fixed resources.

Explanation:

However, Edison's decision regarding how many workers to use can vary from week to week.

Each Monday, Edison lets them know how many workers he needs for each day of the week.

In the short run, these workers are variable resources, and the ovens are fixed resources.

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Critically review the organizational structure recommendations reported within the In-Plant Printer article titled, "Organizing
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Answer:

Explanation: see attachment below

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