1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mandarinka [93]
2 years ago
5

Sanjeev leases a house from Clara, and the lease has an option contract attached that permits Sanjeev to buy the house if he cho

oses to exercise the option within three years. How large does the option fee need to be in order to be legally binding
Business
1 answer:
Aleksandr-060686 [28]2 years ago
8 0

The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

<h3>What is a lease agreement?</h3>

A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.

However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.

In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.

Read more about lease agreement

<em>brainly.com/question/24460932</em>

You might be interested in
Match the term with what most needs to be clarified within the following examples.
leonid [27]

Intention is a mental state that represents a commitment to carrying out an action or actions in the future. Intention involves mental activities such as planning and forethought.

Definition  

Folk psychology explains human behavior on the basis of mental states, including beliefs, desires, and intentions. Mental mechanisms, including intention, explain behavior in that individuals are seen as actors who have desires and who attempt to achieve goals that are directed by beliefs. Thus, an intentional action is a function to accomplish a desired goal and is based on the belief that the course of action will satisfy a desire. Searle  labeled these as intention-in-action and prior intention respectively. Prior intentions reflect forethought about intentions-in-action; prior intentions do not need to be carried out to be considered intentions. Theory of mind research attempts to map how children come to understand the mind as a representational device for the world. This research has focused on the development of knowledge that others have beliefs, desires, and intentions that are different from one's own. A basic ability to comprehend other people's intentions based on their actions is critical to the development of theory of mind. Second, intentions are integral to an understanding of morality. Children learn to assign praise or blame based on whether actions of others are intentional. Intention is also necessary to understand and predict the plans and future actions of others. and the achievement of cooperative goals. Social, cognitive and developmental psychological research has focused on the question: How do young children develop the ability to understand other people's behaviors and int

5 0
3 years ago
Which of the following is true about conflicts of interest?
Vedmedyk [2.9K]

Answer: Option B

Explanation: In simple words, conflict of interest refers to a situation when a person have the power to make a certain decision from which he or she gets to have some special benefit.

Therefore, conflict of interest always results in the scope bias. As the individual in the power can use his or her position that can lead to benefit of him or loss of others or both.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
Suppose that the u.s. government doubles its spending on health care. the _____ curve shifts _____, output _____, and prices ___
denpristay [2]

The <u>aggregate demand</u> curve shifts <u>right</u>, output <u>increases</u>, and prices <u>increase</u> when the U.S. government doubles its spending on health care.

Aggregate demand or AD refers to the total demand for all individual goods and services.

The aggregate demand and supply for an economy can be depicted by a schedule, a curve, or even an algebraic equation. Just like the demand and supply for individual goods and services.

The total quantity of all goods and services that the economy demands at various price levels is illustrated by the aggregate demand curve.

Therefore, if the U.S. government doubles its health care spending, the aggregate demand curve shifts right, output rises, and prices rise.

Know what happens when there's equilibrium or when supply and demand meet: brainly.com/question/1342403

#SPJ4

8 0
2 years ago
The number of employees that work in state and local criminal justice agencies is:
marishachu [46]

The number of employess that works in the state and local justices agencies, according to the research and studies, the number of employees who are involved with this type of job is about over one million base on the study provided.

4 0
3 years ago
Qualification certification and credentialing personnel are part of which nims management.
gladu [14]

The qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS

<h3>What is the meaning of nims management?</h3>

NIMS means the National Incident Management System.

The management system ensures that the government, nongovernmental organizations and private sector  work together to prevent, protect and respond to incidents.

However, the qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS.

Read more about NIMS

<em>brainly.com/question/14420110</em>

3 0
2 years ago
Other questions:
  • On January 1, Year 3, Boxwood, Inc. issues 1,000 shares of $1 par value common stock for $30 per share. Later that year, the com
    8·1 answer
  • Accounts Receivable has a balance of $ 4 comma 000$4,000​, and the Allowance for Bad Debts has a credit balance of $ 450$450. Th
    10·1 answer
  • San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost
    12·1 answer
  • A corporation issues 1,200,000 shares of stock at its beginning to shareholders. How many shares must a shareholder own to have
    8·2 answers
  • If the Fed increases the money supply and as a result, households and firms buy more short-term financial assets, the prices of
    11·1 answer
  • clean water softener systems has cash of $600, accounts receivable of $900, and office supplies of $400. clean owes $500 on acco
    10·1 answer
  • The accounts receivable turnover is computed as __________ divided by __________.sales; accounts receivablesales; average accoun
    14·1 answer
  • Kết luận sự thích ứng tâm lý của sinh viên năm nhất
    10·1 answer
  • Organizational buyers, when compared to buyers of consumer goods, are........ in number, geographically............. and .......
    7·1 answer
  • The best time to visit a college campus is:
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!