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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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If ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most impo
Stels [109]
If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
7 0
2 years ago
Record and analyze installment notes (LO9-2)
djyliett [7]

Answer:

January 1, 2021, building purchased

Dr Building 420,000

    Cr Cash 100,000

    Cr Notes payable 320,000

Explanation:

The building account (asset) must be recorded at the purchase cost. The mortgage is considered a note payable (long term liability), while the cash account (asset) decreases, therefore, it must be credited.

3 0
1 year ago
Why are infectious agents and toxins ("select agents") listed in the "additional requirements for facilities transferring or rec
nika2105 [10]
They are given additional regulatory oversight by CDC BECAUSE THE ITEMS POSE A SEVERE THREAT TO PUBLIC HEALTH AND SAFETY. 
Because of the high threat that the items pose to the society's health, regulations have to be put in place to control their transportation and use in order to protect the safety and health of humans, animals and plants and plant products. 
8 0
1 year ago
In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca
Sloan [31]

Answer:

Accounting Break-Even

Case 1 = $14,350   Case 2 = $8,485.71    Case 3 = $214.375

Cash Break-Even

Case 1 = $11,766.67    Case 2 = $1342.86     Case 3 = $168.75

Explanation:

According to the scenario, computation of the given data are as follow:-

Accounting Break-Even = (Fixed Cost + Depreciation Cost) ÷ (Price Unit -Variable Unit)

Case 1 - ($7,060,000 + $1,550,000) ÷ ($3075 - $2,475)

= $8,610,000 ÷ $600

= $14,350

Case 2 - ( $47,000 + $250,000) ÷ ($96 - $61)

= $297,000 ÷ 35 = $8,485.71

Case 3 - ($2,700 + $730) ÷ ($21 - $5)

= $3,430 ÷ $16 = $214.375

Cash Break Even = Fixed Cost ÷ (Price Unit - Variable Unit)

Case 1 - $7,060,000 ÷ ($3075 - $2,475)

= $7,060,000 ÷ $600

= $11,766.67

Case 2 - $47,000 ÷ ($96 - $61)

= $47,000 ÷ $35 = $1342.86

Case 3 - $2,700 ÷ ($21 - $5)

= $2,700 ÷ $16 = $168.75

6 0
1 year ago
The spot USD /GBP rate is 1.5711. The1 year t-bill rate in the US is .19%. The 1 year rate in the UK is 0.39%.
mojhsa [17]

Answer:

Spot USD/GBP rate = 1.5711

(a) 1 year USD/GBP forward rate:

= [Spot rate × (1 + Domestic currency interest rate)] ÷ (1 + foreign currency interest rate)

= [1.5711 × (1+0.19%)] ÷ (1 + 0.39%)

= 1.56797, which means the USD will be at a forward premium

b) The observed 1 year forward rate is 1.60 which differs from the ideal forward rate.

This means an arbitrage opportunity exists here.

c) I would sell GBP forward for 1 year @ 1.60.

This means that I will receive USD 1.60 for every 1 GBP I sell instead of  1.56797 that is the ideal deal.

This is how I would take advantage of the arbitrage opportunity.

8 0
1 year ago
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