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just olya [345]
2 years ago
10

Edison sold his land with an easement appurtenant for a road. the deed to the buyer contained an adequate description of the lan

d, but it failed to make reference to the easement. the buyer:
Business
1 answer:
Zinaida [17]2 years ago
4 0
The buyer takes title to a landlocked property.

Easement <span>appurtenant is defined as an easement that benefits one parcel of land, known as the dominant tenement, to the detriment of another parcel of land, known as the servient tenement.

The property having an easement appurtenant is a landlocked property. It means that in order to have access on the property, one must go through a road that is owned by another that holds the servient tenement.  

Even though Edison failed to disclose about the easement appurtenant, the buyer can still have easement appurtenant on the road. This is because the easement appurtenant is attached to the land and is automatically transferred to the new owner once the land is sold. </span>
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Which of the following statements would best characterize someone who is not culturally competent in working with others from di
Zepler [3.9K]

Answer: The person fills "silence" during conversations

Explanation:

Culture is simply regarded as people's way of life. The way if life include their food, the kind of music they listen to, their religion, language, their beliefs, values etc.

Someone who is not culturally competent in working with others from different cultures would usually be silent during conversations. This is because the person doesn't know much about the culture and can't really be involved in the conversation.

6 0
2 years ago
Payton Inc. reports in its 2017 annual report 10-K, sales of $8,180 million and cost of goods sold of $3,272 million. For next y
Akimi4 [234]

Answer:

Projected cost of goods sold for 2018 will be $3,454 million

Explanation:

Step 1. Projected cost of goods sold for 2018 will be Projected cost of goods sold

Step 2. Set up the value of the variables.

= $(8,180*1.03 *(3,272/8,180)+1%)

Step 3. Solve.

= (8,425 * (0.40+1%) = 3,454 million

3 0
2 years ago
What benefit does the PPO provide? Select all that apply.
Luda [366]
Covers out of network doctors and specialists. Freedom to see more doctors.
8 0
2 years ago
Read 2 more answers
We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is
zvonat [6]

Answer:

                              Best-Case        Worst-Case

                                  NPV                     NPV

PV of cash inflows $2,897,706      $3,187,477

PV of project cost  $1,680,000     $1,848,000 ($1,680,000 * 1.1)

NPV                         $1,217,706    $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) =    2,088,000

Gross profit =                                    $1,327,500

Fixed costs =                                         815,000

Income before tax =                           $512,500

Income tax (21% of $512,500) =          107,625

Net income =                                     $404,875

Add depreciation expense                280,000

Annual cash inflows =                      $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

3 0
2 years ago
The value of a business owner's time is an example ofa. an opportunity cost. b. a fixed cost. c. an explicit cost. d. total reve
Olenka [21]

Answer: Opportunity cost

Explanation:

A. Opportunity cost can be defined as the next best alternative foregone , it is the cost of profit the business looses while choosing one alternative over other.

B. Fixed cost are those cost that do not change with the level of output produced in the firm.

C. In simple words the direct costs a business pay to the outsiders for running its operations is called explicit cost.

D. Total revenue is the amount of income a company has before deducting its expenses occurred to earn that income.

So from the above explanations we can conclude that  value of a business owner's time is an example of  opportunity cost.

4 0
2 years ago
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