How to Calculate with Formula, Average Collection Period Formula, How It Works, Example, Bill of Lading: Meaning, Types, Example, and Purpose, What Is a Cash Book? 36- Broker Eric secures a loan for buyer Paul. 80- Which of the following is an example of commingling? A column of townships running North and South is called a: What is the meaning of T(12)?T^{\prime}(12) ?T(12)? The selling agent must provide the disclosure to the seller as soon as practicable prior to presenting a purchase offer. Who has the dominant tenement in this situation? 68- Greg and Joyce have an adjustable rate mortgage on their home. B. Calculate the de Broglie wavelength associated with a helium-4 atom (4.00 amu) moving at 3.0106m/s3.0\times10^6\;\mathrm{m/s}3.0106m/s. The date Abby receives the good faith estimate. The term of the loan can be shortened. Prices have been increasing at the rate of 8% per year. c. highest and best use 10- Which of the following prospecting techniques do you have to use carefully because it has tended to upset people in recent years? Two years ago, you bought a property for $264,500. B. These include any resource needed for the creation of a good or service. Which of the following methods of legal land description would most likely be used to describe agricultural lands? Make no recommendations and let the sellers decide on their own. The adjusted cost basis of the first home was $140,000. C. The date the lender receives her application. The loan will be distributed to them gradually. 4 rods Because entrepreneurs are vital for economic growth, countries are creating the necessary framework and policies to make it easier for them to start companies. D. The UCC is a body of law that standardizes a number of business practices. The definition of factors of production in economic systems presumes that ownership lies with households, who lend or lease them to entrepreneurs and organizations. d. 2.5, 28. B. Pam is not liable since it was summer and the heating problem was not obvious. Which statement is true? Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. Improvements in crop yields have been essential to feed a growing population, while reducing the environmental impact of food production at the same time. When comparing printers, make sure to compare the cost per. What does that mean? turnover is sales div Understanding the kind of responses your advertising generates, D. Being able to anticipate the callers requirements. A facade easement is a type of_______________ easement. B. Jim Sharp is purchasing his fathers home. The federal financial institutions regulatory agencies directly involved in fair lending include all of the following EXCEPT. Entrepreneurship is the secret sauce that combines all the other factors of production into a product or service for the consumer market. You will also have to pay 2.75 points on the loan. The right held by the lessee to use and occupy real estate for a stated term and under the conditions specified in the lease is the definition of. b. metes and bounds c. reliction Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. The land that is least conducive to agriculture is sandy soil. 42- Alice is planning her career and setting her goals. materials, buildingslabor, entrepreneurial coordinationbuildings, labormaterials, entrepreneurship. C. Broker Harry deposits $1000 into his brokerage business account. Which winds steer hurricanes that form in the Atlantic Ocean toward Florida? A. Greg Burns is selling his interest in his home to his wife Melanie as part of their divorce settlement. What is the median of these indications? -pesticides kill prey thereby causing predators to starve or migrate. What is the mean of the GRMs? What kind of mortgage are they looking for? She has worked in multiple cities covering breaking news, politics, education, and more. As the demands of a business change over time, the relative importance of the factors of production will also change accordingly. The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. For a group of early French economists called the physiocrats, who predated the classical political economists, land was responsible for generating economic value. d. section 12 is directly north of section 1 in a township, d. section 12 is directly north of section 1 in a township, 19. A land owner is contemplating building a septic tank sewer system on his lot. 103- Kirk and Sandy obtained a wraparound mortgage. Her asking price was $560,000 and the property sold for $575,000. 86- Which of the following is not considered a benefit of investing in real estate? A potential benefit of genetic engineering is the development of crop plants. B. A. Brenda must follow all of Jims instructions. c. 25 acres Practice Questions with no Answers for Preview, >Practice Exam for R.E. Buyer Amanda asks if she can measure the windows to see if her current drapes will fit. Which of the following items can Matt not add to the original cost when doing the computation? Another example of entrepreneurship is Starbucks Corporation (SBUX). The median price of homes sold in your county nine months ago was $217,400. It would be misleading if the appraiser did not disclose the existence of this structure in the report. 5 acres C. Refuse to accept the offer and check. B. c. eminent domain Which of the following would be considered an intermediate goal? Deforestation is the permanent removal of trees to make room for something besides forest. They have $20,000 for a down payment and assumed the sellers mortgage of $75,000. Land refers to physical land, such as the acres used for a farm or the city block on which a building is constructed. 99- All exclusive listing agreements must have, C. A list of personal property included in the sale. What kind of closing technique is Jim using? D. The first and second mortgage will be rolled into one. You want to insure it for 80% of value and the annual insurance premium will cost $5.75 per thousand. a. 8. 87- What information can you gather from the newspaper to help develop a Prospecting Plan? D. Their loan payments will gradually increase. 6- According to California real estate law, how often must a broker balance his or her trust accounts? Earthquake and volcanic action A longer mortgage loan term will: Result in lower monthly mortgage payments Required Information and Example, Retained Earnings in Accounting and What They Can Tell You, Revenue Recognition: What It Means in Accounting and the 5 Steps. Double-Declining Balance (DDB) Depreciation Method Definition With Formula. Derive an expression for the gravitational potential energy of a system consisting of Earth and a brick of mass m placed at Earths center. b. littoral What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? a. easement They are commonly broken down into four elements: land, labor, capital, and entrepreneurship. The cash rent lease and the crop-share lease are the two most frequently used land leases in agriculture. a. 46- A life insurance company would most likely invest in all but which of the following properties? B. As a factor of production, capital refers to the purchase of goods made with money in production. c. 2 townships 31- Patrick has a written independent contractor agreement with his broker Tami. d. 2.5 square miles, 15. The borrowers family in case of his or her death, B. PRACTICE QUESTIONS), >Ch1-3 R.E. Increasing agricultural productivity across Sub-Saharan Africa is one of the most important problems this century, Area of land needed to meet global vegetable oil demand, Area of land needed to produce one tonne of vegetable oil, Cereal yields vs. tractor inputs in agriculture, Change in calorie production as a result of climate change impacts on crop yields, Change in cereal production, yield and land use. 30.4 4. In some cases, all you need is a piece of land that's not currently being used. He pays rent for occupancy, plus maintenance and operating expenses. 92- Which of the following situations is not exempt from the seller disclosure requirement? B. This analysis can only be applied if there are no existing improvements. -pesticides alter the genetic resistance in populations causing the pests to persist. the estimated cost to -replace a property, a guarantee of the true worth of a property, the President of The Appraisal Foundation. strategies used to increase the supply of food for a country could include. The three methods used to legally describe land are: A. Mike has changed jobs six times in the past six months. What will they have to pay at closing for the points? The four components of the Appraiser Qualification Criteria are: qualifying education, examination, experience, continuing education. 88- Sally and Dan must pay 2 points on their new $65,000 loan. How many acres are there is the described property? 2240 acres 9- Which California Fair Housing Law Prohibits discrimination based on sexual orientation of source of income? d. assemblage, 39. D. Brenda has not violated any fiduciary duty. Tip: to find a certain word or key term, press at the same time, the buttons: 1- The amount that a seller takes away from a sale is termed: 2- Which of the following best describes prospecting? The interest rate will increase gradually over time. d. benchmark, 30. c. the section lines must be clearly noted Help us do this work by making a donation. earnings equal sales minus the cost of sales All of the following are similarities between undernutrition and overnutrition except, both involve lack of access to sufficient daily calories. In zoning, the distance from the street to the front of a house is called: a. Ask questions of the prospects children. b) define symbols and develop mathematical model, how does a change in each variable affect demand, Explain in details 4 different ways in which Information is Critical to an entrepreneurship, It has been said that entrepreneurship is Contextual and it will manifest differently in different countries and religion. Who is responsible for appointing members to the ASB and AQB? At first, there was no need for land. B. Although investment in agricultural R&D continues to be one of the most productive investments, with rates of return between 30 and 75 percent, it has been neglected in most low income countries. 6. The appraiser must avoid mentioning this structure in the report. c. easement It does not include land that is predominantly under agricultural or urban land use. a. plottage How much did Sam gain or lose on the sale? 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. Agricultural productivity across Sub-Saharan Africa needs to improve to reduce hunger, poverty, and the destruction of biodiversity. Prices of properties currently on the market, C. Properties that were listed but did not sell. B. Pastureland. A Montana ranch is made up of Section 9, 10, 11 and North Half of Section 16. The continued popularity of the product meant that Zuckerberg also had to scale technology and operations. Labors transaction with firms is based on wages. What is sandy soil? A. B. You can specify conditions of storing and accessing cookies in your browser. D. Pam is has no duty to investigate and may rely on the opinion of a heating professional or home inspector. habitiat fragmentation, none, these are all problems associated with industrial agriculture. 95- Who is liable for the withholding on the sale of a property owned by a foreigner? He says to them, Would you prefer to take possession on September 1 or October 1? What kind of closing technique is Harry using? Factors of production is an economic term that describes the inputs used in the productionof goods or services to make an economic profit. It can be considered an employment contract. a. frontage D. Allows viewing access to strangers. C. A seller can sell his or own home and owe home and owe no commission if he or she signs an exclusive agency listing. c. us government survey, PO box, and metes and bounds Real Estate includes all of the following except: Property rights. A. Ken is responsible for his own taxes, while the broker pays Sarahs. 100 ft In the chart here we see a global map of land used for arable agriculture (as a share of total land area). 20- Which of the following would not be an essential component when researching the purchase of an apartment building? Use these expressions to check the numerical values of the constants a0a_0a0 and E1E_1E1. How much will your insurance cost per month? A. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . Each of their payments is for the same amount. 18- In a transaction that involves the purchase of a business, what document functions in the same way as the deed in a personal real estate transaction? 4 Factors of Production Explained With Examples, Fiscal Year: What It Is and Advantages Over Calendar Year, How a General Ledger Works With Double-Entry Accounting Along With Examples, Just-in-Time (JIT): Definition, Example, and Pros & Cons, Net Operating Loss (NOL): Definition and Carryforward Rules, NRV: What Net Realizable Value Is and a Formula To Calculate It, No-Shop Clause: Meaning, Examples and Exceptions, Operating Costs Definition: Formula, Types, and Real-World Examples, Operating Profit: How to Calculate, What It Tells You, Example, Production Costs: What They Are and How to Calculate Them, What Is a Pro Forma Invoice?
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