A "clause of acceleration" in a mortgage or deed of trust enables the lender or current loan holder to demand full repayment in the event that the borrower fails on the loan.
What Is an Acceleration Clause?The term "acceleration clause" refers to a clause in which the lender shortens the period of time between the loan's execution and the date on which the final payment is due.The borrower is no longer able to repay the loan in installments after it has been accelerated. A single, lump-sum payment is now required for the loan, which no longer operates as an installment contract.Borrowers who fail to make required payments are most frequently in default, which triggers debt acceleration.However, there are further legal issues that could trigger acceleration. For instance, the lender may demand immediate repayment of the entire loan amount if the borrower changes the title of the residence without first receiving the lender's prior written authorization.Following the loan's acceleration, the lender may begin a foreclosure process to reclaim the debt owed if the borrower doesn't pay the full amount still owing on the loan.To Learn more About clause of acceleration refer To:
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42. a barter economy is different from a money economy in that a barter economy (a) encourages specialization and division of labor (b) involves higher costs for each transaction (c) eliminates the need for a double coincidence of wants (d) has only a few assets that serve as a medium of exchange (e) promotes market exchanges
A barter economy is different from a money economy in that a barter economy involves higher costs for each transaction. The correct option is B.
The primary difference between a currency system and a barter system is that the former uses an established medium of exchange, such as paper money or coins, as opposed to directly trading for products and services.
Bartering is the non-cash exchange of goods and services between two or more parties. It is the primary commerce category. People and companies exchange products and services based on comparable appraisals of pricing and objects.
Thus, the correct option is B.
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the longer the period of time allowed for the producer of a good to adjust to a change in the price of the good, the the price elasticity of supply will be. this statement assumes that the quantity supplied be altered with time. group of answer choices more elastic; can more elastic; cannot more inelastic; can more inelastic; cannot
a)The statement assumes that the price elasticity of supply will be more elastic with a longer period of time allowed for the producer to adjust to a change in the price of the good.
This is because, with a longer period of time, the producer has more options to adjust to the change in price. For example, they can invest in new technology to increase productivity, find new suppliers, or change production methods.
Additionally, they have more time to explore new markets and adjust their production levels accordingly. As a result, the quantity supplied can be more easily altered, making the price elasticity of supply more elastic.
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Which of the following is NOT one of the four factors to consider as manufacturers develop their strategy for working with retailers?Choosing retail partnersManaging an omnichannel strategyIdentifying types of wholesalersDeveloping a retail strategy
Answer:
The correct answer is option 3, Identifying types of wholesalers.
Explanation:
Wholesale is different from retail. Manufacturers seeking to work with retailers should not focus their attention on wholesalers.
alpha inc. is a large shoe manufacturer that has a large onlinecustomer base. in addition to the high volume of shoes it manufactures, the company sells simplydesigned sneakers for low prices. many customers buy alpha shoes because they are durable and inexpensive. which of the following strategies is illustrated in the scenario? a. market diversification strategy b. market development strategy c. divesting strategy d. overall cost leadership strategy e. differentiation strategy
" Over-All Cost Leadership Strategy "illustrated in the scenario. So option d is correct.
Cost leadership strategy: what is it?In order to offer high-quality products at competitive pricing, a corporation must be able to reduce production costs. For big enterprises with lots of purchasing power, it works well, but it works less well for smaller companies. In terms of business strategy, cost leadership refers to creating a competitive edge by having the lowest operating costs in the sector. Efficiency of the business, its size, scope, and experience are frequently the factors that determine cost leadership. The cost leadership approach is crucial because it enables businesses to make their goods more affordably and sell them for less than rivals, giving them a competitive edge.
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Brief Exercise 13-2 (Static) Noninterest-bearing note; accrued interest (LO13-2) On October 1, Eder Fabrication borrowed $60 million and issued a nine-month promissory note. Interest was discounted at issuance at a 12% discount rate. Prepare the journal entry for the issuance of the note and the appropriate adjusting entry for the note at December 31, the end of the reporting period. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Record the issuance of the note. Note Enter debits before credits Event General Journal Dabit Credit 1 Journal entry worksheet < 1 2 7 Record the appropriate adjusting entry for the note at December 31. Note: Enter debits before credits. Event General Journal Debit Credit 2 Record entry Clear entry View general journal
Interest already paid: 56,694,670.95 less 55,110,929.18 equals 1.583.741,77
What is Interest record?55,110,929 in cash debit
credit note payable 55,110,929
Promissory note with discounted interest to be recorded
debt 1.583.741,77 in interest
Credit Card Amount Due: 1.583.741,77 Note
—to record interest that has accumulated on a payable note —
Explanation:
The note will be for 60 million dollars, plus interest.
Therefore, to determine the note's issuance, we must determine the present value of a lump amount using a 12% discount rate:
[tex]\frac{maturity}{(1+time)^{time} }[/tex] = PV
60,000,000.00 Maturity
time 0.75
rate 0.12
[tex]\frac{60,000,000}{(1+0.12)^{0.75} }[/tex].00 Maturity
PV = 55,110,929.18
then, on December 31st, we solve for the interest that has accrued:
principal (1+r)[tex]^{time}[/tex]
55,110,929.18 principal
time 0.25 (3 months over 12 month a year) (3 months over 12 month a year)
rate 0.12000
55,110,929.18 (1 + 0.12 ) [tex]^{0.75}[/tex]
56,694,670.95 in total
Interest already paid: 56,694,670.95 less 55,110,929.18 equals 1.583.741,77
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the contract clause applies to federal laws regarding agreements between private parties. group startstrue or falsetrue, unselectedfalse, unselected
The contract clause applies to federal laws regarding agreements between private parties is true.
Despite the fact that not all agreements are contracts, all agreements are. A contract cannot be formed if an agreement does not impose legal obligations.A common understanding between parties is what constitutes an agreement. A legal foundation is either required or not required.A written or verbal agreement that is expressly made by both parties to fulfil a duty or responsibility is known as a contract.A deal must be legally binding between the parties in order to qualify as a contract. Similar to the situation in (CARLILL V CARBOLIC SMOKE BALL CO (1893). The decision that there was no contract between the parties was made on the grounds that the agreement was not legally enforceable.
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evaluate the relative significance of different effects of the market revolution from 1800 through 1860. in other words: what were the most significant effects of the market revolution between 1800 and 1860?
With in 1820s and the 1830s, a revolution was changing American manufacturing and foreign trade. Over time, machines and mass production replaced independent craftsmen.
What were the main results of the market shift that took place around 1800 and 1860?The market revolution led to entirely unknown levels of personal affluence and wealth creation, but it also resulted in the emergence of a poor caste of propertyless labourers and a series of devastating depressive episodes known as "panics." With meager salary, several Americans had difficulty making ends meet.
In the 1820s, an industrialization was changing American manufacturing and worldwide trade. Over time, machines and mass production displaced independent craftspeople.
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what is the most important value and opportunity that supply chains provide to firms who partner and collaborate inside them (i.e., inside supply chains)?
The ability to specialize is the most important value and opportunity that supply chains provide to firms who partner and collaborate inside them (i.e., inside supply chains).
The network of all the people, businesses, resources, tasks, activities, and technological advancements involved in the production and distribution of a good is known as a supply chain. A supply chain includes every step of the process, from the delivery of raw materials from the supplier to the manufacturer to the final delivery to the customer.A company, its suppliers, and those companies' customers make up the simplest supply chain. A producer of raw materials; a manufacturer; a distributor; a retailer; and a retail customer.What are the parts of your supply chain that you ought to be concentrating on right now?INTEGRATION. Integrating your communications, information sharing, data analysis, and storage is crucial from the beginning of your strategic planning process onward. ... OPERATIONS... BUYING... DISTRIBUTION...To know more about supply chain here
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communal culture Definition
As the word "communal" suggests, belongingness to a group or community, communal culture values groups over individuals. Communal culture can be defined as the attitude or outlook wherein achievements of a community or group are given more value as compared to the achievements on individual.
The given statement is 'true'.
Communal culture can be defined as the attitude or outlook wherein the achievements of a community or group are given more value as compared to the achievements of an individual.
What is communal culture?There are several ways to organise organisational cultures, and one of them is communal culture, which emphasises the importance of a community or group coming together to work in a cordial and cooperative manner. According to communal culture, depending on one another improves relationships between coworkers and fosters a sense of community, both of which contribute to the company's growth without bias or special emphasis on any one person. For instance, if person X wins an award, he must dedicate it to his team, family, and other close friends because their combined efforts made the accomplishment possible. This belief system, held by X, is a component of group culture. Communities of practise organisations constantly acknowledge teams and groups for their successes, accomplishments, or failings as a whole.
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agreements under which corporations avoid formal criminal charges and trials in return for their agreement to pay monetary penalties and submit to outside monitoring of their activities is called:
Deferred prosecution agreements (DPAs) are contracts whereby businesses agree to pay fines and submit to external oversight of their operations in exchange for avoiding formal criminal accusations and trials.
In a DPA, the government initiates criminal charges against a business, the business agrees to make amends for the crime (via monetary settlements and internal reforms), and the charges are ultimately dropped.An informal type of probation, a deferred prosecution agreement, or "DPA," is a method of resolving a case against a business. Civil enforcement organizations like the SEC have started to employ them as well, despite the fact that they are often used to conclude a criminal case. The standard form of DPA program support is a forgiving loan with a 0% interest rate.To know more about agreements here
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otal contribution margin less total fixed expenses equals question content area bottom part 1 a. gross profit. b. contribution margin ratio. c. operating income. d. sales revenue.
Total contribution margin less total fixed expenses equals question content area bottom part 1 is operating income.
How Is Contribution Margin Calculated? Revenue less variable costs equals contribution margin. The formula for calculating the contribution margin ratio is (Revenue - Variable Costs) / Revenue.Revenue minus variable costs equals contribution margin.Your gross profit margin less any "variable" overhead costs, such as sales commissions, is your operating margin. When fixed expenses and contribution margins are equal, a firm becomes profitable. When contribution margin dollars surpass fixed costs dollars, your profit begins.A business's contribution margin ratio is calculated by dividing its total revenue by its variable costs.There won't be a profit or loss if the contribution margin is equal to the fixed cost. The profits are zero at the break-even point.
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as a big music fan, you want to attend a weekend music festival in your town. the purchase of a wristband gives you, and thousands of other fans, access to the outdoor concert pavilion. the music festival is a good that has the characteristics of:
The purchase of a wristband gives you and thousands of other fans access to the very large outdoor concert pavilion, where you all fit comfortably. The blues festival is a good that has the characteristics of being: nonrival and excludable.
Which public good is the finest illustration?National security is one of the best instances of a public benefit. If one individual in a particular location is protected against an attack or invasion by a foreign power, other people there are probably similarly protected.
Public goods are significant because they are intended to be accessible to the broader public and have particular characteristics that prohibit some individuals or groups from being unable to use them. They must also be durable enough to sustain use without becoming inoperable for subsequent users.
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madeline made a cash gift of $30,000 to the american cancer society, a qualified public charity. madeline itemizes her deductions and has an adjusted gross income of $48,000. what is the maximum income tax deduction allowable to madeline in the current year for her charitable contribution?
The maximum allowable deduction for Madeline's charitable contribution is $24,000.
What is contribution?Contribution is the act of giving or providing something of value to a cause, project, or another person. It can also refer to a donation of time, money, or materials. Contribution can be both voluntary and involuntary. An example of voluntary contribution is donating to a charity, while involuntary contribution could be taxes.
This is because the total amount of cash contributions allowed as a deduction in any tax year is limited to 60% of the taxpayer's adjusted gross income. Therefore, Madeline can deduct up to 60% of her AGI ($48,000) which equals $28,800. However, the maximum cash contribution allowed is $30,000 so Madeline can only deduct up to $24,000 in this tax year.
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The overall process of​ strategy, organization, concept​ generation, product and marketing plan creation and​ evaluation, and commercialization of a new​ product is the definition of?
The definition of the product development process is the total procedure of strategy, organization, concept generation, product and marketing plan formulation and evaluation, and commercialization of a new product.
What is the process of developing a product?Every step needed to bring a product from inception to market availability is included in the product development process. This involves identifying a market need, researching the competitive environment, imagining a solution, developing a product roadmap, developing a minimum viable product, etc.
Because they are ultimately responsible for the success or failure of the company's products, product managers serve as the strategic driving force behind the product development process.
However, this procedure is not purely a product management task. Numerous teams from within an organization must collaborate on and contribute to product development, including:
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which generation is often challenged with relying on others to complete a job, which makes it more difficult for them to share leadership?
Baby Boomers are more likely to want to do the work themselves than to rely on someone's leadership who may not have the same work ethic as they have. They tend to see the younger generations as less dedicated to excellence and less willing to work as hard as they do.
A person is said to be in a leadership position when they guide a certain group or community. The purpose of a leader's motivation is to help others reach their goals within a given time frame. In contrast, a leader is always present in an organisation, and strong authority assigns the leader the job of motivating their team to accomplish the desired outcome. Because leaders must motivate their teams, leadership should be a shared process.
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During Loadout, how do you find the carts of bags and packages for your route? O Ask a Problem Solver (an Amazon associate) O It is always the cart closest to your vehicle O Your DSP will notify you O Look for the staging location on the "Scan to Verify" screen on the Rabbit
Look for the staging location on the "Scan to Verify" screen on the Rabbit, then find the cart closest to your vehicle for bags and packages.
When should swipe to finish during loadout?Swipe to finish during loadout should be done when the loadout is complete. This includes making sure all the required materials and equipment are loaded on the vehicle and in the correct order.
It also includes ensuring safety procedures and protocols are followed. After all steps have been completed, it is important to double check that everything is in order and nothing was missed.
Once the loadout is verified, swiping to finish the loadout process will finalize the loading process and the vehicle can be dispatched. Swiping to finish is an important part of the loadout process and helps ensure the loadout is completed safely and accurately.
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if the economy were operating at point e, a. the opportunity cost of 20 additional units of eggs is 10 units of bacon. b. the opportunity cost of 20 additional units of eggs is 20 units of bacon. c. the opportunity cost of 20 additional units of eggs is 30 units of bacon. d. 20 additional units of eggs can be produced with no impact on bacon production.
In order to produce an additional 15 units of bacon at point C, 20 eggs must be sacrificed because the available resource and technology are constant. Hence, option d is correct- 20 units of eggs.
This is known as the opportunity cost (the next best alternative usage). One good must be sacrificed in a specific amount to produce another good.The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. More precisely, it implies that by choosing one activity, you forfeit the chance to engage in a different one.
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The correct question is:
If the economy is operating at point C, the opportunity cost of production of an additional 15 units of bacon is?
Point Eggs Bacon
A 0 40
B 30 35
C 50 20
D 60 0
E 30 20
why should project managers always initiate a project (phase one) before making a plan (phase two)? quizerra
As establishing the project's scope, cost, and timeliness is necessary to setting up a budget, a timetable, and assigning roles and duties, it is best practice for project managers to start a project (phase one) before formulating a plan (phase two).
What do you call it when needs are added to the project scope but the budget or schedule remain the same?Scope creep is one of the most common project management issues. When new project requirements are added by project clients or other stakeholders after project execution has started, this is known as scope creep. Often, these modifications are not adequately evaluated.
Why is it important to have a project scope and a scope management plan?What is and is not included in the project is defined by the project scope, which also governs what is permitted and what must be dropped throughout execution. In order to prevent modifications during the course of the project, control factors are developed through the scope management process.
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government corruption question 5 options: impedes the coordinating power of markets and discourages investment. impedes the coordinating power of markets but does not discourage investment. does not impede the coordinating power of markets, but does discourage investment. can neither impede the coordinating power of markets nor discourage investment.
government corruption impedes the coordinating power of markets and discourages investment.
An organized community is ruled by a structure or a collection of people, usually a state.When defining government broadly and associatively, the legislative, executive, and judicial branches are frequently included. Government serves as both a tool for formulating policy and a means of enforcing it within organizations. In many countries, a statement of the governing philosophy and guiding ideas serves as the equivalent of a constitution.Even though all organizations have governance, the term "government" is typically used more specifically to refer to the roughly 200 autonomous national governments and subsidiary organizations.The three primary types of political systems are modern democracies, monarchies, and authoritarian and totalitarian regimes.Throughout history, several forms of government, including monarchy, aristocracy, timocracy, oligarchy, democracy, and theocracy,
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whiihc type of costs are related to higher insurance premiums and increased disability payments due to obesity related health conditions
Answer:
Explanation:
This cost depends on various factors
some of the factors are
1. age
2.gender
3. weight
are a few to name. So, yes, health insurance companies can charge you more if you are obese or overweight and they think that your weight is a risk factor. Not all types of insurances get affected by weight, but health insurance and life insurance certainly do.
a. a cost is something used up to produce revenues in a particular accounting period. b. variable costs are direct costs; only fixed costs are indirect costs. c. the cost of direct materials is fixed per unit but variable in total.
The operational costs a business bears in order to make money are referred to as expenses.Simply put, it is the amount of money necessary to acquire anything.
What goes into cost of revenue?The cost of revenue accounts for the cost of goods sold (COGS) or the cost of services rendered in addition to any other expenditures incurred to make a sale.The indirect costs, such as management pay, are not included in the cost of revenue, despite the fact that it accounts for many expenditures related to sales.The amount of money a company makes through selling products or services to clients is referred to as revenue.The cost is defined as all out-of-pocket expenses incurred by a person or organization in the process of producing goods or services.Profit is the result of deducting costs from revenues to arrive at the revenue minus costs.To learn more about cost of revenue refer
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on january 2, complete computer service prepays one year of insurance of $2,400. the journal entry to record this transaction would be:
The journal entry to reflect this transaction would be to CREDIT Cash by 2,400 and DEBIT Prepaid Insurance by 2,400.
A journal entry is what?Journaling is the practice of keeping or producing records of all transactions, whether or not they are pecuniary. An accounting journal shows a company's debit and credit balances as well as a list of transactions. Multiple entries, each of which either a credit or a debit, may be included in the journal entry.
How much of the pre-paid insurance do you deduct and credit?When a payment that denotes the prepayment of an expense is made, a prepaid account, such as Prepaid Insurance, is debited and the cash account is credited. The prepayment is subsequently recorded as an asset on the company's balance sheet.
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is an economic theory designed in which the means of generating wealth are owned by the government, and wealth is redistributed to citizens, primarily in the form of social programs like health care or education.
An alternative economic system is socialism. In socialist nations, the government, rather than private individuals, owns the means of producing wealth, such as factories, vast farms, and banks.
In layman's terms, what is socialism?In general, socialism refers to a political and economic system in which the state or government typically controls property and the means of production. The foundation of socialism is the notion that a more equitable society results from shared or public ownership of resources and production tools.
How do communism and socialism differ?The primary distinction between the two ideologies is that under communism, the majority of assets and economic resources are owned and managed by the state (as opposed to individual citizens), whereas under socialism, everyone has an equal share of the economic resources distributed by a democratically elected government.
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during year 1, pard corp. sold goods to its 80%-owned subsidiary, seed corp. at december 31, year 1, one-half of these goods were included in seed's ending inventory. year 1 selling expenses were $1,100,000 and $400,000 for pard and seed, respectively. pard's selling expenses included $50,000 in freight-out costs for goods sold to seed. pard did not charge seed for these costs. what amount of selling expenses should be reported in pard's year 1 consolidated income statement?
The amount of selling expenses that should be reported in Pard's year 1 consolidated income statement is $350000.
What is income statement?The income statement, one of the three important financial statements, is used to show a company's financial performance over a specific accounting period. The balance sheet and the cash flow statement are the other two crucial statements. The income statement is primarily concerned with the company's receipts, expenses, profits, and losses for a certain time period. An income statement, which is often referred to as a profit and loss (P&L) statement or a summary of sales and expenses, provides crucial information about how a business operates and performs in relation to rivals in the same sector. A product's manufacturer, as well as any wholesalers, distributors, or retailers involved in the business of selling that product, make money from its sales. This is referred to as revenue from main activities.
Selling expenses= 400000-50000= $350000
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question 3 as a project manager on a product team, your stakeholders ask you to help the marketing team come up with a strategy to attract customers. what project management responsibility does this represent? quizerry
As a project manager on a product team, your stakeholders want you to help the marketing team create a strategy for attracting customers.
Who are the stakeholders, exactly?
Stakeholders are any people or organisations that are impacted by a project, initiative, policy, or organisation, either favourably or unfavourably. They may be internal (employees employed by your business) or external (people outside of your organisation).
Your stakeholder definition should also include groups and people who promote certain interests, such as NGOs and environmental organisations, in addition to those who should be involved in decision-making.
Although they can be found in every project or organisation, regardless of size, stakeholders are frequently referenced in large enterprises, governmental organisations, and large-scale project management.
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redesigning and automating business processes can be seen as a double-edged sword because:
Because job losses may accompany efficiency gains, redesigning and automating business processes can be viewed as a double-edged sword.
Job loss refers to the disappearance of jobs as a result of fundamental economic structural changes, as opposed to brief fluctuations in demand.Imports, trade deficits, offshore outsourcing, direct foreign investment, and restructuring are just a few of the many reasons cited for job losses. However, according to economic theory, each of these results in a net loss of jobs, not a net loss of jobs.Along with the obvious financial hardship it can bring, losing a job can be extremely stressful for your mood, relationships, and general mental and emotional health. Most of the time, our jobs are more than just a means of support. They affect howTo know more about Job loss here
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no employees volunteered to learn the new machines. what approach will increase employees' willingness to cross train
Provide Opportunities for Cross-Collaboration approach will increase employees' willingness to cross train.
How does cross-training work?By combining various forms of exercise, cross training adds variety to your fitness regimen. It is essential to incorporate a variety of exercises when working out. You are more likely to suffer an injury as a result of overuse or repetitive strain if your workouts lack variation.
What is cross training?The process of teaching an employee another set of skills to use in a job they didn't initially qualify for is known as cross-training. Cross-training is something that many business owners do to cover for sick or on-leave employees. However, cross-training is more than just a temporary compliance measure.
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a buyer wishes to submit a small earnest money check up front ($100), and then deposit $500 after the 10-day option period expires. what should be inserted in paragraph 5 of the trec one to four family residential contract?
The answer is the buyer is in default.
What happens to the earnest money when the buyer fulfills the terms of the selling contract?Contingencies in earnest money contracts protect both the seller and the buyer. Earnest money is usually recoverable if a sale goes through. Contingencies define additional conditions under which the earnest money is recoverable even if the sale does not go through.
Earnest money is a deposit made by a buyer to a seller to demonstrate the buyer’s good faith in acquiring a residence. The money provides the buyer extra time before concluding the sale to arrange for finance and do the name search, property assessment, and inspections.
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victoria gregory's financial situation is as follows: cash/cash equivalents$15,000 short-term debts$23,000 long-term debts$140,000 taxes$8,000 invested assets$45,000 use assets$192,000 what is her net worth?
Net worth is defined as the total value of all assets minus the total amount of liabilities and the net worth of Victoria is (B) $89,000.
What is net worth?The value of all assets less the sum of all obligations is what is known as net worth.
In other words, net worth is the sum of all assets minus all liabilities. Your net worth can be calculated with this tool.
Additionally, it predicts potential changes in net worth over the following ten years.
The sum of a person's financial assets and liabilities is their net worth.
Homes, cars, various types of bank accounts, money market accounts, stocks, and bonds are among the financial possessions that go toward determining net worth.
Liabilities are debts that deplete resources, including loans, mortgages, and accounts payable (AP).
So, Victoria's net worth:
Assets = Cash/Cash Equivalents + Invested Assets + Use Assets ($15,000 + $45,000 +$192,000).
Liabilities = Short Term Debts + Long Term Debts ($23,000 + $140,000 = $163,000).
Assets - Liabilities = Net Worth, so $252,000 - $163,000 = $89,000
Therefore, the net worth of Victoria is (B) $89,000.
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Complete question:
Victoria Gregory's Financial Situation is as follows:
Cash/Cash Equivalents: $15,000
Short-Term Debts: $23,000
Long-Term Debts: $140,000
Taxes: $8,000
Invested Assets: $45,000
Use Assets: $192,000
A) $81,000
B) $89,000
C) $112,000
D) $252,000
an environmental agency needs to hire a number of new employees so that 85 of the new employees will be able to monitor water pollution, 73 of the new employees will be able to monitor air pollution, and exactly 27 of the new employees will be able to monitor both. (these 27 are included in the 85 and 73 mentioned above.) what is the minimum number of employees that need to be hired?
The minimum number of the employees that need to be hired are 46.
What is an employee?A person who is hired by an employer to perform a certain activity is called an employee. Employee compensation, scheduling, and working conditions are all at the discretion of the employer. Contractors do not enjoy benefits that employees do. An employee is a person who can be recruited by an employer to carry out a certain duty. Contrary to contractors, who have more freedom than workers, employers have ultimate control over what employees do and how it will be done. The employee is hired by the company after being selected as a candidate for employment following an application and interview process. The hiring decision is made by the business once it has decided that the candidate is the best match for the position.
Number of employees= 73-27= 46
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