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Andrew [12]
4 years ago
9

A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintai

ned
Business
1 answer:
defon4 years ago
5 0
<span>The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.</span>
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Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives
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"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.

<h3>What is a deed?</h3>

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In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.

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