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2 years ago

What documents provided by the seller describes the condition of the property?

Business

2 answers:

sesenic [268]2 years ago

7 0

Answer:

D. Property disclosure

Explanation:

Sellers provide property disclosures where they should inform about any defects or problems that the house, condo, or other type of real estate has at the moment. If properly elaborated, property disclosures can prevent any future legal disputes regarding the property's conditions. Of course you do not always know what might be wrong with your house, but if major issues exist and you try to hide them, you might be sued in the future.

NemiM [27]2 years ago

6 0

Answer: A. Home inspection report

Explanation:

The seller of the property is to hire a home inspector to inspect the house and make a report about the condition that the house is in.

This report is rightfully called a Home Inspection report and is then presented to the buyer for them to see if it is a house that they will still consider buying.

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Steve Corp bought a $600,000 apartment building in June of 2014. Of the purchase price, $104,950 is allocated to the value of th

blsea [12.9K]

Answer:

$18,000

Explanation:

According to the Internal revenue service, the useful life of the rental property would be 27.50 years.

The computation of the maximum amount of depreciation is shown below:

= (Purchase cost of building - allocated value of land - salvage value) ÷ useful life

= ($600,000 - $104,950 - $0) ÷ 27.50 years

= $495,050 ÷ 27.50 years

= $18,000

7 0

2 years ago

Could the product flow operate independently from other channel flows?

11111nata11111 [884]

It could, as long as it fulfills these two conditions
- The products could generate enough profit without the boost that givenn by other channel flows.
- The independent operation would not cause a decrease in profit for other channels flow because eventually, business owners only want to do the combination that bring the most profit.

4 0

2 years ago

Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies t

marusya05 [52]

To calculate the values of reserves, required reserves, and excess reserves, while assuming a required reserve ratio of 10%, we have the required reserves to be $500.

This is because based on the assumed reserve ratio and the knowledge of the banking system, the required reserves is calculated as below.

Required Reserves: $5,000 × 0.10= $500.

Also, the calculated amount for the excess is: $4,500.

Where Required Excess: $5,000 - $500 = $4,500

The Reserves: $5,000.

Hence, in this case, it is concluded that the Required is $500, while the Excess is $4,500 and the Reserves is $5,000.

Learn more here: brainly.com/question/12988722

4 0

1 year ago

Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D

Vesnalui [34]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard direct labor hour per unit= 6.5 hours

Standard variable overhead= $6.8 per direct labor hour.

Actual production= 1,300 units

Actual direct labor hours= 8,500 hours

Actual variable overhead= $60,290

A) To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 60,290/8,500 hours= $7.093

Manufacturing overhead rate variance= (6.8 - 7.093)*8,500= $2,490.5 unfavorable

B) To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 1,300*6.5= 8,450 hours

variable overhead efficiency variance= (8,450 - 8,500)*6.8= $340 unfavorable

3 0

2 years ago

According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps

Rasek [7]

Answer:

<u>A) Presence</u>

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

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2 years ago