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frez [133]
2 years ago
11

In 2000, Michael purchased land for $100,000. Over the years, economic conditions deteriorated, and the value of the land declin

ed to $60,000. Michael sells the property in this year, when it is subject to a $30,000 nonrecourse mortgage. The buyer pays Michael $34,000 cash and takes the property subject to the mortgage. Michael incurs $5,000 in real estate commissions. Michael's gain or loss on the sale is:_______
a. $4,000 gain.
b. $1,000 loss.
c. $36,000 loss.
d. $41,000 loss.
Business
1 answer:
PIT_PIT [208]2 years ago
3 0

Answer:

D) $41,000 loss.

Explanation:

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Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?
Ber [7]

Answer:

D

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

3 0
3 years ago
Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is
laiz [17]

Answer:

Statement A

Explanation:

The 2 statements are:

A: The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements

B: The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements

The explanation for this is:

- The company is an insurance company

- An insurance company holds funds for their customers; to be released when the customer is less privileged or in a bad situation, depending on the type of insurance made

- There is car insurance, house insurance, life assurance, etcetera.

- So if the insurance company receives proof of loss statements from the customer, it will release funds to solve the customer's dire need

- In this case, it takes 120 days to verify, process and then agree (affirm) to release funds (claims) to the affected customer.

So the answer is Statement A.

8 0
3 years ago
________ occurs when a product's performance is below expectations and the consumer is dissatisfied. Group of answer choices A.P
Stella [2.4K]

Answer:

B.

Explanation:

Negative disconfirmation of expectations occurs when a product's performance is below expectations and the consumer is dissatisfied. This can occur for a large number of reasons , including wrong target market, beter competition, and even bad pricing strategy or some of the many possible reasons. This disconfirmation is negative, which is posited to decrease post-purchase or post-adoption satisfaction

6 0
3 years ago
Jamal, the HR Director for a growing marketing firm, announces that the firm is planning to implement the integrated talent mana
Ber [7]

Answer:

c.

Explanation:

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8 0
2 years ago
A _________ approach is found frequently among companies with strong engineering orientations, pharmaceutical and biomedical fir
Korvikt [17]

Answer: Option B

   

Explanation: In simple words, top down approach refers to the approach ion which the organisation break down its system to have better and clear understanding of the sub systems within.

This approach is used by organisations doing complex business activities or involving high technical skills. Hence this approach is used by firms like biomedical ,financial services and high technology companies etc.

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2 years ago
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