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Rudik [331]
1 year ago
9

Anderson sold a property to Kelly. The contract contained the following statement: "Buyer to accept the property in an 'as is' c

ondition." Both the seller and the broker knew that the plumbing was in a major state of disrepair, but did not tell Kelly. Would an action against the broker and the seller be successful?
Business
1 answer:
alina1380 [7]1 year ago
4 0

Answer:

The action against the seller by Kelly would not be successful. This is because, the contract agreement drafted by the seller contains that clause "as in" condition. <em>It would be believed that, Kelly saw the condition in the contract, but still went ahead to purchase the house by signing the seller's contract agreement of sell. Whatever state the house is in would be taken by Kelly.</em>

Explanation:

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Carla Vista Corporation is a lessee with a finance lease. The asset is recorded at $1040000 and has an economic life of 8 years.
julsineya [31]

Answer:

The amount of amortization expense the lessee would record for the first year of the lease is $131,125.

Explanation:

Since the lease agreement provides for the transfer of title of the asset to the lessee at the end of the lease term, this implies that the calculation of the amount of amortization expense the lessee would record will be based on the economic life of the asset. Therefore, we have:

First year amortization expense = (Amount at which the asset is recorded - Fair value at the end of 8 years) / Economic life of the asset = ($1,040,000 - $135,000) / 8 = $131,125

8 0
1 year ago
It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f
guapka [62]

ANSWER: Mark is correct

EXPLANATION: Mark's idea was to save Cody from paying interest if he swipes his credit card and his idea to save money for 3 months was correct. Cody needs to save money for 3 months to save money enough for the stereo. If he swipes the credit card, he will have to pay interest for 3 months or as long as he saves up enough money to repay the credit card bill. So, if avoid the interest payment, it is a safer idea for Cody to save money for 3 months and then buy the stereo.

4 0
1 year ago
Read 3 more answers
Where can I find a copy of my residence weekend attendance records? MyUC / UC One My advisor My UC Email All of the above
Margarita [4]

Answer: Your Advisor

Explanation:

MyUC / UC One is a portal for UC students.

6 0
2 years ago
Let's say that you're the sole IT person in your company, and your boss wants a way to block certain websites from employees. Wh
forsale [732]

Answer:

proxy server

Explanation:

A proxy server is an application on a server that manages the requests when a a client tries to get the resources from the server and when someone is trying to get into a website the proxy server makes the request, provides the response from the web server and sends the data so it can be visualized and in this process, it can block the access to certain websites. According to that, the answer is that you have to set up a proxy server to help with this request as it will allow you to block the websites.

8 0
1 year ago
A college has found that some of its graduating students accept offers from Amazon that pay less than offers at other companies.
anyanavicka [17]

A college has found that some of its graduating students accept offers from Amazon that pay less than offers at other companies because :

C) Amazon has been able to lower some of its employees' WTS for their labor

Explanation:

  • A college has found that some of its graduating students accept offers from Amazon that pay less than offers at other companies.  following is the most likely explanation for this scenario
  • C) Amazon has been able to lower some of its employees' WTS for their labor
  • Amazon, is an American multinational technology company based in Seattle.
  • The company initially started as an online place to shop for books but later expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry.
7 0
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