If a consumer borrows at an interest rate greater than the interest rate at which he or she can lend, then the budget constraint has a kink at the endowment point.
Since the consumer is obviously not a bank, the bank will prefer to make a profit if the consumer borrows money at a higher rate. Since the lending rate is lower than the borrowing rate, the consumer is not a lender. There will be a kink indicating the difference because his interest rate is different and his borrowing rate is higher.
The limit of the opportunity set—all potential combinations of consumption that a person can afford given the costs of items and their level of income—is their budget. Measures of cost are based on what must be given up in exchange, or opportunity cost.
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what was the percentage return on a non-dividend-paying stock that was purchased for $40.00 and then sold after one year for $39.00?
Percentage return on a non-dividend-paying stock that was purchased for $40.00 and then sold after one year for $39.00 is -2.50%
% return on a stock= -2.50%
% return= Sale price -Purchase Price/Purchase Price
= $39-$40/$40
= -2.50%
The ownership certificates of any corporation are referred to as "stocks" in general. On the other hand, a share alludes to the stock certificate of a specific business. A shareholder is someone who owns stock in a specific corporation. Stocks come in two varieties: common and favored.
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What type of account is discount on bonds payable and what is its normal balance?.
When a company issues bonds at a price below par, the account "discount on bonds payable" is debited. The account is a contra-liability account with a typical debit balance.
What is a contra-liability account?A contra liability account in finance is one that has a debit made against it with the specific intent of offsetting a credit made to another liability account. Liabilities are reduced by contra liabilities, which have a negative balance. In other words, an asset or liability's book value is modified using the contra liability account.A "discount on bonds payable" account is debited when a corporation releases bonds at a price lower than the par value. The account has a typical debit balance and is a contra-liability account.Therefore, when a company issues bonds at a price below par, the account "discount on bonds payable" is debited. The account is a contra-liability account with a typical debit balance.
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according to the text, the most important of the five factors which give rise to monopoly is multiple choice exclusive control over important inputs. economies of scale. patents. government licenses.
The most important of the five factors which give rise to monopoly is economies of scale.
Only one company is active in the market. entry barriers are high. These barriers are so high that they do not prevent other companies from entering the market. Third, there is no substitute for the goods that monopolies produce. Competitive intimidation such as predatory pricing.
A monopoly is defined as a single seller or manufacturer that excludes competition from offering the same product. Monopolies can influence price changes and create barriers to market entry for competitors. These disorders include Economies of scale leading to natural monopolies. Control of physical resources. Legal Restrictions on Competition Patent Trademark and Copyright Protection.
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the $1,000 face value abc bond has a coupon rate of 6%, with interest paid annually, and matures in 3 years. if the bond is priced to yield 4%, what is the bond's value today?
The $1,000 face value ABC bond has a coupon rate of 6%, with interest paid annually, and matures in 3 years. If the bond is priced to yield 4%, then the bond's value will be $1056.014.
Bond price is the discounted present value of the future cash flow that a bond will produce. It is the total of the present values of all anticipated coupon payments plus the par value at maturity. The known future cash flows must simply be discounted in order to get the bond price.
Bond prices decline in response to an increase in interest rates, which raises the yields on older bonds and places them in the same category as newly issued bonds with higher coupons, and vice versa.
Coupon Payment (C) = 1000 * 6% = $60
Total periods remaining (n) = 3
YTM = 4%
Bond Price = 60 * [( 1 - (1+0.04)^3) / 0.04] + 1000 / (1+0.04)^3
Bond Price = $1056.014
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if the company uses the lifo pepetual invontory system what would be the cost of the ending inventory
If the company uses the LIFO perpetual inventory system then the cost of the ending inventory is net income should be understood when cost of goods sold is overestimated.
Ending inventory is the worth of goods that are still available for purchase at the end of an accounting period. It consists of the initial stock plus net purchases less cost of goods sold. Inventory purchases that are considered "net purchases" have had any returns or discounts subtracted. Even when the total number of inventory units at the end of each accounting period is the same, the inventory valuation method used has an effect on the final inventory value. When there are rising prices or inflationary pressures, the FIFO (first in, first out) technique is chosen since it produces a higher ending inventory valuation than LIFO (last in, first out). In light of various business situations, some companies purposefully use LIFO or FIFO strategies. Performing a physical count at the end of each month and then valuing the inventory using a method like LIFO, FIFO, or Weighted Average Method are the two most straightforward ways to determine closing inventory. The majority of the time, it is not feasible to do a physical count. As a result, ending inventory is estimated using an estimation method.
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using the midpoint method: in the above table, the cross price elasticity of demand for good x with good y when py falls from $20 to $18 is
The cross price elasticity of demand for good x with good y when py falls from $20 to $18 is 1
Cross-price elasticity = % Change in demand for X / % Change in price of Y
= [(90 - 100) / 100] / [$(18 - 20) / $20]
= (-10 / 100) / (-2 / 20)
= 1
Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product. When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this. The perceived satisfaction increases with decreasing expenditure.
The mirroring effect is also shown by a rise in demand for the replacement product when the price of the competing product is lowered. The alteration will either have a detrimental or beneficial impact in either of these situations.
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a company sells merchandise to a customer on credit. the journal entry that the company makes to record this sale would include a
A company sells merchandise to a customer on credit. The journal entry that the company makes to record this sale would include a credit to a sale account.
The credit journal entry refers to journal entry which is recorded by the company in its sales journal when the firm makes any sale of the inventory to a third party on credit. Then, the debtor’s account or account receivable account is debited with corresponding credit to the sales account.
A credit entry is used to decrease the value of an asset or increase the value of a liability.
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Answer:Credit
Explanation: got correct on my hw
the money paid by private business to the suppliers of loans used to purchase capital or money that households receive on savings accounts is called .
The money paid by private businesses to the suppliers of loans used to purchase capital or money that households receive in a savings accounts is called interest.
Consists of Federal excise taxes and customs duties, kingdom and local sales taxes, belongings taxes (together with residential actual estate taxes), motor car licenses, severance taxes, and unique exams.
Government purchases encompass any spending by way of federal, country, and nearby companies, with the exception of debt and transfer bills consisting of Social protection. Average, government purchases are a key element of a nation's gross domestic product (GDP).
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on july 9, mifflin company receives an $8,800, 90-day, 8% note from customer payton summers to replace an account receivable. what entry should be made by mifflin on july 9 to record receipt of the note?
The journal entry for Mifflin company on July 9 will be:
Cash A/c......Dr. $8800
Interest revenue A/c.......Cr. $176
Notes receivable A/c......Cr. $8624
A promissory note is a type of debt instrument in which one party—the note's issuer or maker—promises in writing to pay another party—the note's payee—a specific amount of money, either immediately or at a predetermined later date.
Value of the note = $8800
Interest on the note = 8%
Number of days = 90
Interest revenue from the note = Value of the note*90/360*Interest on the note
8800*90/360*8% = $176
Journal entry:
Cash A/c......Dr. $8800
Interest revenue A/c.......Cr. $176
Notes receivable A/c......Cr. $8624
(Being note received)
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motivational interviewing was developed by as he demonstrated his motivational techniques to norwegian student interns.
Motivational interviewing was developed by William Miller as he demonstrated his motivational techniques to Norwegian student interns.
Life motivation is derived from the verb “motivate,” which means “pass.” it's far the burning choice that compels you to do so. it's so deeply intertwined with what you trust to be actual and proper in existence that it actions you from an easy desire to a second of selection.
Motivation is the force to gain your desires or wishes. Motivation is vital to interrupt antique behavior and to broaden healthy ones. Many people conflict with getting and staying prompted, particularly in the event that they have intellectual health conditions inclusive of depression or tension.
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the allowance for uncollectible accounts is a: multiple choice deferred charge to expense. contra asset account. deferred revenue account. quasi-liability account.
The allowance for uncollectible accounts is a contra asset account. Hence, option B is correct.
What is contra asset account?The counter asset accounts also include Accumulated Depreciation and Allowance for Doubtful Accounts. Contra asset accounts are maintained with a credit balance that reduces the asset's balance. A significant example of a contra liability is the discount on notes or bonds payable. In contrast, liabilities have a negative balance.
An account balance that is different from the usual balance. Because its credit balance is the opposite of the debit amount for an asset account, accumulated depreciation serves as a useful example of a contra asset account.
Thus, option B is correct.
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gabriella has been an editorial assistant at a textbook publisher for three years. when an associate editor position opens up on her team, she applies for the position and gets it. what is one issue the company may have as a result of promoting gabriella into this new position?
The one issue the company may have as a result of promoting Gabriella to this new position is The company will have to fill Gabriella's vacant editorial assistant position.
A few examples of commonly used sales advertising encompass giving out coupons or vouchers, quickly decreasing costs through discounts, sampling, offering giveaways, flash sales or buy-one-get-one-loose offers, and plenty extra.
Advertising and promoting and merchandising are crucial components of a successful business. Their outcomes consist of emblem establishment, boom within your goal market phase, the invention of recent secondary markets, the improvement of patron loyalty, and protection towards competition.
Advertising, public relations, and direct selling are three demonstrated methods of powerful advertising, even though social media advertising has emerged as an effective tool for driving sales at less price than traditional techniques.
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a stock pays a constant annual dividend and sells for $31.11 per share. if the dividend yield of this stock is 9 percent, what is the dividend amount?
The profit measure of the stock is $ 2.80.
Yield on Dividends: It refers to the dividend income from a specific stock's dividends that yields a return.
Dividend
A company's profits are divided between dividends and retained earnings in accounting.A dividend is a payment made to shareholders as a return on their investment from a company's earnings.A significant factor in determining a stock's value is the dividend growth rate, which can be constant, zero, or multiple.The assumption that the current stock price represents the present value of all future dividends is one method for valuing stocks.The dividend yield is the ratio of the stock's price to the dividend paid.The dividend yield formula can be used to calculate the dividend amount:
Dividend Yield is calculated by dividing the total dividend by the stock's current price, where 0.09 equals the total dividend divided by 31.11 equals 2.80.
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in a transaction processing system (tps), a(n) must track the flow of data related to all the cash flows that affect an organization
In a transaction processing system (TPS), an Accounting System must track the flow of data related to all the cash flows that affect an organization.
What is accounting system?An accounting system is a collection of accounting operations with built-in controls. The purpose of an accounting system is to keep track of corporate transactions, aggregate those transactions into reports that decision-makers can use to monitor, evaluate, and enhance operations.A completely paper-based accounting system is possible, however this is typically only the case with very small enterprises. Accounting software that is available off the shelf is typically the foundation of accounting systems, with any additional procedures required for data entry.An accounting system typically covers all of an organization's key functional areas, such as the acquisition of goods and services, The sale of those same goods and services, the payment of wages to employees, and financing activities like borrowing money, selling stock, and paying interest to lenders. Accounts payable, billings and accounts receivable, fixed assets, inventories, and payroll are the specific parts of an accounting system. Each of the aforementioned modules may have specialized accounting professionals allocated to it, depending on the amount of transactions being processed.To learn more about accounting system, refer to
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How many local restaurants does mcdonalds have and how many people are served there on a daily basis?.
Mcdonald's has approximately 33,000 local restaurants and on a daily basis serves 68,000,000 people.
Which of these household purchases will be counted as part of consumption in a country’s gross domestic product?.
“Although part of your
question is missing, you might be referring to this full
question: (pick more than 1)
a) a newly constructed home
b) a new car for personal use
c) shares of a company's stock
d) a new haircut
e) a government-issued savings bond
f) a used dresser
a new haircuta new car for personal useProduction refers to the act of creating the product or services, whereas consumption refers to the acts that deplete the resource we had to obtain a good or service.
In order to obtain a new haircut, we must expend the value of our resources (cash). Since we are not using cars to make money, purchasing a car for personal use is also regarded as an investment.
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Which of these household purchases will be counted as part of consumption in a country’s gross domestic product?
(pick more than 1)
a) a newly constructed home
b) a new car for personal use
c) shares of a company's stock
d) a new haircut
e) a government-issued savings bond
f) a used dresser
interperiod equity and accountability are two basic ingredients of the governmental accounting system; however, to be more accountable budgets requires close to cash accounting while accrual basis accounting lends more to the interperiod equity concept but calls for the modified accrual basis. this is referred to as the government accounting dilemma. this is a false statement! this is a true statement!
Interpterion fairness and duty are simple elements of the governmental accounting system; True.
The required details for Accountability in given paragraph
"Interpterion Equity" and "Accountability" are simple elements of the governmental accounting system. Where, "Interpterion Equity" emphasizes the duty of Government to reveal whether or not the Revenue in Current 12 months is enough to pay for the blessings offering within side the Current 12 months, or whether or not destiny taxpayers will required to hold the burdens for offerings formerly provided and "Accountability" locations a more responsibility on Government concerning the Budgeted sales and allotted expenditures. Budgeting in Private zone isn't always mandatory, and they may use it as a device for economic planning, however in Government organizations Budgeting is used for Financial Discipline, and the tasks which had been undertaken need to be fulfilled with within side the barriers of the budgeted expenditure.
If it deviates, right clarification is to be made, due to the presence of the function called "Accountability".
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how should cumulative preferred dividends in arrears be reported in a corporation's balance sheet note disclosure
The cumulative preferred dividends in arrears be shown in a corporation's balance sheet Note disclosure.
On a company's balance statement, how are cumulative preferred dividends in arrears displayed?However, the dividends paid on cumulative preferred stock in arrears are disclosed in the balance sheet's footnotes, which frequently include a justification for the arrearage and a timeline for payment.
In what way are arrear dividends presented in the financial statements?The footnotes to the financial statements contain information about the arrear dividends. Only the footnotes are mentioned because the corporation's board of directors has not yet declared, and in the event that it does, cumulative preferred shares will automatically receive the dividends from the prior years.
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Guero brought his proposal to poté before the meeting saying, "i’m sure you have some ideas on this, and we could try to get them incorporated upfront. " which influence tactic is guero using?.
As Guero brought his proposal to poté before the meeting by saying "i’m sure you have some ideas on this, and we could try to get them incorporated upfront", the influence tactic that Guero is using is known as consultation.
What is an influence tactic?In an organization, an influence tactics refers to those strategies that leaders can use to change their employees’ attitudes, values, or behaviors. An actual tactics that the leaders use vary according to the situation and the desired outcomes. For example, the middle management leaders use different tactics to influence their superiors and subordinates.
A Consultation, as an influence tactic, is the most democratic and collaborative of tactics and requires involving people in strategic planning and decision-making. It is is also a highly effective pull tactic.
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economists who are in favor of smaller government tend to prefer when expansionary policy is needed to raise aggregate demand
Economists who are in favor of smaller government tend to prefer tax cuts, when expansionary fiscal policy is needed to raise aggregate demand.
Tax reductions and higher government spending are the two primary manifestations of an expansionary fiscal policy. Both of these measures aim to boost overall demand while adding to deficits or reducing budget surpluses. They are typically used in recessions to accelerate recovery or in times of recessionary panic to prevent it.
Fiscal policy is viewed by classical macroeconomics as an effective tactic the government can employ to balance out the natural decline in spending and economic activity that occurs during a recession. Consumers and corporations reduce spending and investments as business conditions deteriorate. This budgetary restriction worsens the state of the company's operations and starts a vicious cycle that can be challenging to break.
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quick will give brainliest Bank A has a liquidity ratio close to 30 percent. This ratio will most likely _____.
not affect the bank’s run-off rate
cause a higher than acceptable run-off rate
cause a lower than acceptable run-off rate
Quick will provide the smartest The liquidity ratio for Bank A is almost 30%. The bank's run-off will probably not be impacted by this ratio.
Quick ratio is a ratio of liquidity?In order to determine a company's ability to meet its immediate financial obligations, analysts and investors use liquidity data called the quick and current ratios.The current ratio is calculated by dividing current liabilities by current assets.The quick ratio only considers highly liquid assets or cash equivalents as current assets.
What is a decent quick ratio?If the company's assets can be turned into cash extremely fast, a ratio of less than 1.5 is less problematic. Although a current ratio of three or four may indicate financial health, it also raises questions about whether a corporation is ineffective at investing the money it does have.
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on a balanced growth path with population growth and technological progress, select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a capital's share of income increases. b labor's share of income increases. c factor income shares are constant.
On a balanced growth path with population growth and technological progress abor's share of income increases.
The correct option is B.
What is income shares formula?To make this calculation easier to understand, courts will typically calculate the monthly cost of raising a kid, sum the total incomes of both parents, and then decide how much each parent would be responsible for based on their contribution to the total cost.
What is an income share loan?Income-share contracts are agreements in which a school, business, or lender agrees to provide funding in return for a portion of the students' future earnings. Although not entirely, this new mortgage product's main target market is people who need funds to pay for their education.
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Specific promotional tools used in __________ include stories, sponsorships, events, and web pages.
Specific promotional tools used in public relations include stories, sponsorships, events, and web pages.
Which of the following is the most used public relations tool?Press releases, news conferences, and publicity are some of the most widely utilized PR tools.Positive PR is also generated by sponsorships, product placements, and social media. PR Tools are : HubSpot's Public Relations Kit, Prowly ,Muck Rack.Meltwater ,Prezly, Mention, Coverage Book, CisPR ToolsPublic relations is an important component of the promotional mix.Unlike paid marketing initiatives such as advertising your company, public relations focuses on earned media and might include unpaid communication methods.Public relations is all about managing perceptions – how people see your company. Public relations is an important component of the promotional mix.Unlike paid marketing initiatives such as advertising your company, public relations focuses on earned media and might include unpaid communication methods.Public relations is all about managing perceptions – how people see your company.To learn more about public relations tool refer
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for a monopolist, the market demand curve: a is also the demand for the monopolist's product. b is not important since the monopolist is the only producer. c is more elastic than the demand curve facing a perfectly competitive firm. d must be horizontal. e is equal to the monopolist's mr curve.
Option c.) is more elastic than the demand curve facing a perfectly competitive firm as the demand curve or the AR curve of a perfectly competitive firm is parallel to the horizontal axis, perfect elastic is the correct answer.
This means that the company does not control the price. The company assumes a price and sells the quantity of the product at that price. In a perfectly competitive market, a single firm faces a demand curve with infinite elasticity. In a perfectly competitive market, firms do not fix prices, but choose levels of production at which marginal costs equal market prices.
Under conditions of perfect competition, a firm can sell any quantity of goods at the prevailing price, so the firm's demand curve is perfectly elastic. So even a small price increase will result in zero demand. This suggests that the company does not control prices.
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All of the following riders can increase the death benefit amount EXCEPT:_____.
a) Cost of living b) Waiver of Premium c) Accidental Death Rider
d) Guaranteed Insurability
All of the following riders can increase the death benefit amount except b) Waiver of Premium.
What can increase the death benefit?The death benefit given from insurance policies can be increased depending on a number of things . One of them is the cost of living. When the cost of living is high, it means that the death benefit given might not be able to adequately cover the beneficiaries . As a result , the death benefit can increase to compensate.
There is also the accidental death rider which is when the death of the insurance holder is so sudden, that adequate plans were not made to cover the beneficiaries . The guaranteed insurability rider is also another rider that can lead to a higher death benefit . A Waiver of Premium, however, cannot lead to death benefits being higher .
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when solving for pv of an annuity, the formula is based on given information which includes the interest rate, compounding periods, and what?
The formula is based on the information that is provided, such as the interest rate, compounding intervals, and Payment anticipated from the annuity, when calculating the PV of an annuity.
The purpose of an annuity, a long-term investment provided by an insurance company, is to lessen your chance of outliving your income. Your purchase payments (what you give) are transformed into recurring payments that may last a lifetime through annuitization.
Given a specific rate of return, or discount rate, the present value of an annuity is the current value of the future payments from an annuity. The present value of the annuity decreases as the discount rate increases.
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When nikki passes the first management quiz with flying colors, she credits her dedication and intellect. When she fails the first test, she blames it on a poorly worded test. This is an example of the ________ bias.
This is an example of a self-serving, bias.
What is a self-serving bias?
Any cognitive or perceptual process that is skewed by the desire to uphold and promote one's self-esteem or the propensity to perceive oneself in an excessively positive light is known as a self-serving bias. The tendency for people to seek out information and utilise it to further their own interests is known as the self-serving bias. In other words, people frequently act in ways that others may perceive as immoral or unjustifiable just to promote their own interests. The prevalent practise of taking credit for positive occurrences or outcomes while blaming external sources for poor ones is known as a self-serving bias. This mental bias enables you to safeguard your self-worth. You gain confidence by attributing favourable circumstances to personal traits.
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a person is convinced that a lending institution is charging too much interest for a loan. this person should be aware that
A person is convinced that a lending institution is charging too much interest for a loan. This person should be aware that there are: State Usury Laws.
Any form of financial institution that offers loans to borrowers is a lending institution. Lenders come in a wide variety of forms today, from banks and credit unions to mortgage and payday lending businesses.
Depending on how the business is structured, different financial institutions will offer a different range of loan options. All lenders typically impose a rate of interest on the amount borrowed and demand that the borrower sign a contract outlining the conditions of repayment. A bank is one of the more typical types of lending institutions. Although banks offer a variety of services, one that customers frequently consider contacting is the one that offers loans.
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Wealth is redistributed from debtors to creditors when inflation was expected to be.
When inflation is lower than projected despite strong expectations, wealth is transferred from debtors to creditors.
What is inflation?In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.Strong expectations are overcome by inflation that is lower than expected, which transfers wealth from debtors to creditors.Therefore, when inflation is lower than projected despite strong expectations, wealth is transferred from debtors to creditors.
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buck owns five acres of land in california. on the land buck has a house and a toolshed. there are ten large maple trees around the house. the real property includes
Buck owns five acres of land in California. on the land, the buck has a house and a toolshed. there are ten large maple trees around the house. the real property includes the land only.
Real estate is property along with land and the buildings on it, in conjunction with its herbal resources together with crops, minerals or water;
immovable belongings of this nature; an interest vested in this an item of real belongings, homes or housing in popular. actual estate is a shape of real belongings, which means that it is something you very own this is connected to a bit of land. it can be used for residential, industrial or industrial functions, and commonly consists of any resources on the land along with water or minerals. There are 3 essential sorts of real property homes: vacant land, residential homes, and commercial residences.Learn more about real estate here: https://brainly.com/question/1534216
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