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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: affect aggregate demand directly.

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Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.

To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.

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The CEO should use videoconference. In general, one should deliver straightforward and routine communications through less rich media and challenging and unique messages through richer media.

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4 0
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Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowe
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Answer:

Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).

So Lionel will be able to deduct $1,650 as interest expense (above the line deduction).

Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.

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B. $23,000

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