For people and planet, its one of our most important problems to work on. 63- Jennys home appraised for $550,000. B. Pleases the sellers by inv=creasing activity. The value of the property the borrower wants to purchase, D. The neighborhood in which the property is located. Why Are the Factors of Production Important to Economic Growth? 28- Abby applies for a federally-related loan to purchase a home. (c) 3.31014m3.3\times10^{-14}\;\mathrm{m}3.31014m You want to insure it for 80% of value. 44- Jim owns a gift shop in a commercial building. Why is the Schroendinger equation not valid for relativistic particles? Real Estate includes all of the following except: Property rights. has an increased likelihood of obesity, diabetes, and heart disease. The three methods used to legally describe land are: Other grazing lands include woodlands, native pastures, and croplands producing forages. b. us government system d. annexation, 32. The second mortgage has now become the primary loan. A. Brenda must follow all of Jims instructions. C. If the selling agent does not deal directly with the seller, the selling agent is not required to provide the disclosure. This site is using cookies under cookie policy . a. seller You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. the appraisers value opinionthe borrowers estimate of valuethe square footage of the homenone of these. In capitalism, the factors of production are most often controlled by business owners and investors. and hydroxide ion in ethyl alcohol at 330K, C2H5Br(alc)+OH(alc)C2H5OH(I)+Br(alc)\mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { Br } ( a l c ) + \mathrm { OH } ^ { - } ( a l c ) \longrightarrow \mathrm { C } _ { 2 } \mathrm { H } _ { 5 } \mathrm { OH } ( I ) + \mathrm { Br } ^ { - } ( a l c ) The lender will allow you to spend up to 28% of your annual income for housing costs, including your mortgage, property taxes, and insurance. 36- Broker Eric secures a loan for buyer Paul. Which statement is true ? Practice Questions with no Answers for Preview, >Ch10-12 R.E. 15- Karen and Al obtained a 30-year fixed-rate, fully amortized loan when they purchased their home. c. accretion On the other hand, land is the most significant investment for a real estate venture. 100 acres Increasingly, technology is responsible for the difference in efficiency among firms. b. range The S 1/2 of the NW 1/4 of the SW 1/4 of section 14 is how many acres. How Cash Books Work, With Examples, Cost of Debt: What It Means, With Formulas to Calculate It, Cost of Equity Definition, Formula, and Example, Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It, Current Account: Definition and What Influences It, Days Payable Outstanding (DPO) Defined and How It's Calculated. His depreciation was $2,500 per year. C. They can make payments directly to the original lender. In 2012, the latest update to ERS's Major Land Uses (MLU) series, grassland pasture and range uses accounted for the largest share of the Nation's land base, surpassing land in forest uses, which includes grazed forest land, for the first time since 1959.Although the shares of land in different uses have fluctuated to some degree over time . It is determined by who pays the compensation. Help us do this work by making a donation. Special purpose: Property used by the public, such as cemeteries,. B. In economics, capital typically refers to money. Brenda refuses. The proportion of the land base in agricultural uses has declined from 63 percent in 1949 to 51 percent in 2007. a. government survey system The date Abby receives the good faith estimate. In the 1970s, who developed uniform rules for mortgage underwriting? An illustration of the above is the difference in markets for robots in China compared to the United States after the 2008 financial crisis. 2. B. D. Do not show the home between 10 a.m. and noon on Sundays. B. A land owner is contemplating building a septic tank sewer system on his lot. Manufacturers within the United States, which had been in the throes of an economic recession after the financial crisis, cut back on their investments related to production due to tepid demand. Practice Questions with no Answers for Preview, >Ch13-15 R.E. A basis of $148,000 and no taxable gain, B. The Uniform Commercial Code covers the sale of goods over $________. In appraisal, the concept that a higher-priced property will be worth less in a lower-priced neighborhood than it would in a neighborhood of comparable properties is the definition of the principle of. D. The appraised value prior to sale Studying population trends in the area. Investopedia requires writers to use primary sources to support their work. a. C. Payments will not be enough to retire the loan. These include any resource needed for the creation of a good or service. Which of the following is not one of those groups? All of the following statements about the US government survey system are true except: c. real estate broker What test would determine the ground's ability to absorb water? Which entity is responsible for making periodic changes to USPAP? In conclusion, The term "permanent cropland" includes wooded plantations used to harvest fruit but excludes tree farms and true forests utilized for wood or lumber. B. 3- A property manager can refuse to rent to applicant Mike for any of the following reasons except which? A. Orchards. 58- Mortgage lenders are prohibited from discriminating in giving credit to prospective borrowers based on race, color, religion, national origin, sex, marital status, age or dependency on public assistance under which law or regulation? The state of technological progress can influence the total factors of production and account for any efficiencies not related to the four typical factors. materials, buildingslabor, entrepreneurial coordinationbuildings, labormaterials, entrepreneurship. C. The court has ordered the transfer of Sally Greens home to her friend Penny Jacobs as part of the settlement of Sallys estate. Which of the following items can Matt not add to the original cost when doing the computation? A Fannie Mae. 87- What information can you gather from the newspaper to help develop a Prospecting Plan? After the crisis, China experienced a multi-year growth cycle, and its manufacturers invested in robots to improve productivity at their facilities and meet growing market demands. A. Their first mortgage will get paid off immediately. The difference in skill levels and terminology also helps companies and entrepreneurs create corresponding disparities in pay scales. c. reliction How many acres are there is the described property? Practice Questions with no Answers for Preview, >Ch7-9 R.E. The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. 100- What does the Real Estate Disclosure Law refer to? A personal vehicle used to transport family is not considered a capital good, but a commercial vehicle used expressly for official purposes is. 92- Which of the following situations is not exempt from the seller disclosure requirement? Which countries are overapplying nitrogen without gains in crop yields? yields at a global level following the pattern established over the past five decades will not be sufficient to meet food needs. Certain homeowners may qualify for a $10,000 exemption. D. Pam is has no duty to investigate and may rely on the opinion of a heating professional or home inspector. Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. The modern definition of factors of production is primarily derived from a neoclassical view of economics. d. metes and bounds, 17. 52- Which statement is true about a listing contract? 54- Jim and Jane are buying a home for $120,000. Even an artist involved in making art, whether it is a painting or a symphony, is considered labor. a. d. private mortgage insurance, 26. if a property owner had a land survey done on his property it would include all of the following EXCEPT: Each of these requires significant real estate and capital investments. Because entrepreneurs are vital for economic growth, countries are creating the necessary framework and policies to make it easier for them to start companies. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. 20- Which of the following would not be an essential component when researching the purchase of an apartment building? During an economic contraction or when they suffer losses, companies cut back on capital expenditure to ensure profits. Natural resources, such as oil and gold, can be extracted and refined for human consumption from the land. earnings equal sales minus the cost of sales The price expected for a whole property, e.g., a house, or a part of a property, e.g., a plumbing fixture, that is removed from the premises usually for use elsewhere is the definition of ____________ value. During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. 4. 41- Agricultural land includes all of the following EXCEPT which? D. Amanda smiles at Jim when she sees the whirlpool tub. 3. a plat map is used in which type of legal description? (a) 2.01020m2.0\times10^{-20}\;\mathrm{m}2.01020m D. Avoid negative comments while hes inside the home. depletion of fossil fuels Business Accounting 1. b. setback Negotiate agreements regarding commission structuring. The size of agricultural property tax exemptions varies from state to state because property taxes aren't administered at the federal level. closed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or use (NA) if the item does not appear on the statement. D. All adjustable rate mortgages have negative amortization. How many owners are there? "IFR Presents World Robotics Report 2020. Improvements in crop yields have been essential to feed a growing population, while reducing the environmental impact of food production at the same time. 58- Mortgage lenders are prohibited from discriminating in giving credit to prospective borrowers based on race, color, religion, national origin, sex, marital status, age or dependency on public assistance under which law or regulation? As a result, the country became the biggest market for robots. D. Write advertisements and promotional materials with the approval of the licensee and supervising broker. Her broker has asked her to be available for tasks in the field rather than in the office. pheromone traps He says to them, Would you prefer to take possession on September 1 or October 1? What kind of closing technique is Harry using? C. Tangible assets transferred in the sale include inventory, fixtures and equipment. At the end of the term, the loan balance will be negative. D. The UCC is a body of law that standardizes a number of business practices. Today, capital and labor remain the two primary inputs for processes and profits. C. The loan term will extend gradually over time. C. Use an attractive first-class stamp. a. government survey A. Land as a factor of production can mean agriculture and farming to the use of natural resources. Practice Questions with no Answers for Preview, >Practice Exam for R.E. 57- Under federal income tax law, the basis for a personal residence is which of the following: 95- Who is liable for the withholding on the sale of a property owned by a foreigner? However, collective good is the predominating principle in socialism. But, if yields and labor productivity do not increase it will have far-reaching consequences for global poverty, and protection of the environment. \text{t} & \text{4} & \text{6} & \text{8} & \text{10} & \text{12} & \text{14} & \text{16}\\ Which of the following would be considered an intermediate goal? Who will pay the points? D. Their loan payments will gradually increase. Meanwhile, a company that makes its money from building and renting out office space might see land and capital as its most valuable factors. d. 600 ft, 37. c. an encroaching elm tree 51- Which statement is true about a homeowners exemption? The rate at which vacant space in a property or a group of properties for sale or lease has been or is expected to be successfully sold or leased over a specified period of time is the definition of a(n) __________ rate. The factors of production are land, labor, capital, and entrepreneurship. B. A. Mike has changed jobs six times in the past six months. Which entity is responsible for monitoring state appraiser licensing and certification agencies? real estatesavings accountmoney market fundcertificate of deposit. b. dedication D) grading, filling, draining, and clearing costs. As the demands of a business change over time, the relative importance of the factors of production will also change accordingly. She has an access right of way across the property of her neighbor Bob Smith for ingress, egress, and regress. c. 8.4 a. easement You want to buy a house for $243,500. Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. a. the water rights reserved by a previous owner They sold for: $178,500; $166,000; $172,750; $182,000; $168,000; $174,000; $176,000; $184,000; $170,000; $175,000; $172,000; $181,500. 1.7107M/s. "North American Robot Orders Fall 21% in 2008. b. dedication The main cause of undernutrition and food insecurity globally is lack of available food. Finally, capital refers to the cash, equipment, and other assets needed to start or grow a business. a) construct an influence diagram that relates these variables Availability of multiple listing service, C. Broker-paid advertising and promotion, D. Assistance with filling out disclosures. When comparing printers, make sure to compare the cost per. C. Exclusive-authorization-and-right-to-sell. A basic homeowner's insurance policy would protect all of the following EXCEPT which one: fire & lightning, earthquake and volcanic action, windstorm and hail, water damage caused by a leaking pipe? The greater a firm's or country's TFP, the greater its growth. 80- Which of the following is an example of commingling? The length of the front of a lot on the street is referred to as the lot's: Browse over 1 million classes created by top students, professors, publishers, and experts. b. Tell the sellers exactly how she feels and why she thinks the offer is not a good one. The selling agent must provide the disclosure to the seller as soon as practicable prior to presenting a purchase offer. C. The fair market value at the time of sale All of the following statements about sections as defined in the US government survey system are true EXCEPT: b. a parcel of land is 1/8 mile by 1/8 mile is 40 acres. a. a grant Find and create gamified quizzes, lessons, presentations, and flashcards for students, employees, and everyone else. To that end, technologylike moneyis a facilitator of the factors of production. B. At the end of the term, the loan balance will be negative. Start in the room with the best features. The table shows values of this function recorded every two hours. b. setback 76- Mark believes he has been discriminated against during his home search.
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