Closure Which of the following terms best describes the action that is taken once a mortgage loan has been paid in full? BO Refinance (CO Reconveyance on 114 of 120 utavad] Substitution of trustee Raving AB Questions
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- Which of the following terms best describes the action that is taken once a mortgage loan has b Closure BO Refinance O Reconveyance DO Substitution of trustee OC inf3 - Which of the following bills has the right to receive it?A) BondB) Bill of ladingC) StockD) WarrantE) Redeemed sharewhat are the internal collapse of HIH Insurance
- What is the name of the clause that permits the lender to declare the entire unpaid balance immediately due and payable upon default? O The defeasance clause O The acceleration clause O The alienation clause • The lis pedensBrandon is going to get a 3% commission on the sale of a property for $300,000. How much is Brandon's commission? $10,000 §9.000 $12,000 S30,000Answer in detail ..... Business law question . what are the circumstances in which premium is returnable by the insurer ?
- Provide the criteria on how a medical policy must satisfy before a taxpayercan claim a deduction for Premium for insurance for medical benefits undersubsection 49(1B) Income Tax Act 1967. Please give explaination breifly with exampleJames sold his home for $379,000. If the real estate commission was 5.5%, how much commission did he have to pay? O $20,845 to the listing broker. O $10,422.50 to the listing broker and $10,422.50 to the selling broker. O $45.845 to the listing agent. O $20.845 to the buyer's broker.! Required information [The following information applies to the questions displayed below.] Doyle Company issued $394,000 of 10-year, 7 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $79,500 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Complete this question by entering your answers in the tabs below. Req A1 Req A2 Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal 1 Jan 01 Bonds payable Cash Debit Credit
- During the audit of Albert Eistein, what relevant assertion should be used to record loans receivable net of an allowance for loan losses when allowance should adequately cover any estimated losses inherent in the loan portfolio but not excessive losses? a. Existence or occurrenceb. Valuation or allocationc. Cutoffd. Rights or obligationsA shopping center investor bought a 36,000 square foot shopping center in Calabasas, California with a 25-year fully amortizing fixed rate mortgage loan at a stated annual interest rate of 5.5%, a loan to value ratio of 80%, and a down payment of $600,000. What was the monthly payment on the loan a.$14,738.10 b.$18,422.62 c.$11,790.48 d.$3,684.5220) The certificates of indebtedness of the issuer to the holder is a type of loan, where corporations are borrowing from general public and to be repaid on the date of maturity. What does the term certificate stand for? a. All b. Share c. Bond d. Retained earnings