Answer: A) Remainderman
Explanation:
A Remainderman may sound like something from a horror movie but it is a property law term that refers to a person that is billed to take over or inherit an estate after the LIFE ESTATE of the previous owner is terminated.
Life Estate is an agreement where a person owns a property or asset for the duration of their life but as soon as they pass on, the asset or property reverts back to the original owner of a THIRD party.
The Remainderman is the person who the property reverts to.
In the above scenario therefore, the woman is in possession of a Life Estate but the Stepson is the Remainderman.
Answer:
D. reducing the number of required rocket missions and thereby reducing the long-run average cost of exploring the solar system.
Explanation:
As you can see in the question above, the use of a 3D printer by astronauts can reduce the number of rocket emissions to transport equipment, parts for the repair of stations, food, construction of space bases, among others. This would be a great economic advantage for the laboratories, because it would allow reducing the number of rocket missions (which are extremely expensive) needed and thus reducing the average long-term cost of exploring the solar system.
A 3D printer is capable of printing a large number of parts and equipment at once, with an exact amount of raw material for that. This reduces material costs, in addition to avoiding waste of raw material.
Answer:
2121.566 will be saved
Explanation:
Extra cost=8%
Saving per year=15%
Extra Cost of home=250000*0.08=$20000
Let the energy saving required per year to justify the home=x
Extra cost paid = P.v of energy saving
20000=x*Annuity factor(10%@30 years)
20000=x*9.427
X=2121.566
Answer:
Yes, Thompson is correct in his claim to be a third party beneficiary of the Cannon-insurer contract.
Explanation:
A third party contract covers an individual or firm against a loss caused by some third-party.
An example is fire insurance that will indemnify Thompson (third party) with Cannon-insurer contract.
Since Cannon is the insured, he will investigate to be sure that the cause of the fire was worthy of indemnity. This is definitely why he is in agreement with the insurer.
The two main categories of third-party insurance are liability coverage and property damage coverage.
Answer:
0.45
Explanation:
Total Asset turnover is the relationship between the total asset and the total sales. It measure the turnover generated by assets and shows how fully a company is utilizing its assets.
It is calculated as Net Sales / Average Total asset.
Average total asset is calculated as Asset at Beginning + Asset at closing / 2
Applying the formula
The total sales = $900,000 while the total asset is $2, 000,000
$900,000/$2,000,000 = 0.45
Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.
