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2 years ago

Providing and recording documents are performed by:____________.

Business

1 answer:

postnew [5]2 years ago

5 0

Providing and recording documents are performed by : The closing agent

<h3>Who is a closing agent?</h3>

Closing agents are basically professionals who acts directly for the buyer by making interest of the buyer known to the seller. They are usually associated with real estate transactions.

A closing agent could be a lawyer speaking to a bank or lender. The actual closing is conducted by a closing agent who might be a worker or employee of the lender or the title company or organization.

Other duties of a closing agent are :

Ordering title work and a property survey.

Issuing commitment title.

Assisting with obtaining requisite insurance
Issuing and sending the title insurance policy to both the buyer and lender
Assembling the loan closing package .

Therefore, closing agent responsible for providing and recording documents.

Learn more about closing agent here : brainly.com/question/8023863

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On november 1, gentle company received a $3,000, 6%, three-month note receivable. the cash to be received by gentle company when

adoni [48]

The answer is $3,045.

To solve:
Find first the interest.
Interest = Principal x Interest Rate x Time
I = $3000 * .06 * (90/360)
= $3000 * 0.015
= $45
$45 is the interest.

Add the interest to the principal to get the maturity value.
Maturity Value = Interest + Principal
MV = $45 + $3000
= $3045

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3 years ago

Suppose the demand function for avocados is Q = 104 - 40p + 20tp + 0.01Y, where p is the price of avocados, pt is the price of t

LiRa [457]

Answer: equilibrium price = 4

Quantity of avocado = 110units

Explanation:

Q = 104 - 40p + 20tp + 0.01Y........eq1

Q = 58 + 15p - 20pf...........eq2

pt = $0.80,

Y = $4,000,

pf = $0.40

From eqn1 substituting of into it

Q = 104 - 40p + 20($0.80) + 0.01($4000)

= 104 - 40p + 16 + 40

= 160/40p

p = 4 equilibrium price

From eqn2. Substituting p and pf into it.

Q = 58 + 15p - 20pf

Q = 58 + 15(4) - 20($0.40).

Q = 58 + 60 - 8

Q = 110 quantity of avocado

8 0

3 years ago

John is paid $26.00 for 8 hours work. how much should he be paid for working 37 hours at the same hourly wage?

LekaFEV [45]

The answer would be 120.25

6 0

4 years ago

One difference between a closed and an open economy is that: - in the latter, foreign savings complement domestic savings in fin

marshall27 [118]

Answer:

in the latter, foreign savings complement domestic savings in financing investment spending

Explanation:

In a closed economy, the country does not permit trade with other economies. The nation considers itself self-sufficient hence, it does not require to import or export any goods or services. All products and services produced within the economy are consumed within the boundaries of the country.

An open economy is the contrast of a closed economy. The country will allow international trade. Goods and services produced in foreign countries will be imported and consumed locally. In an open economy, foreigners are permitted to invest locally.

8 0

3 years ago

Livingston company pays utilities of $2,500 in cash. how would this transaction be recorded?

sladkih [1.3K]

The transaction where Livingston company pays utilities of $2,500 in cash, this transaction would be recorded as a Debit to Utilities Expense $2,500 and a Credit to Cash $2,500.

<h3>What is an utilities?</h3>

It refers to the cost consumed in a reporting period related to electricity, heat, sewer, water expenditures etc. These expenses are necessary for running the business and are variable costs that change based on consumption.

The category is also associated with some expenditures for ongoing telephone and internet service.

In conclusion, this transaction would be recorded as a Debit to Utilities Expense $2,500 and a Credit to Cash $2,500.