Contractual discount - Study guides, Class notes & Summaries

Rockwell Exam Real Estate Classes WA Final Exam 2023/2024 With Complete Solution 100%Correct. A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - answerb. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will ...

(8-23)Current liabilities are a. due but not receivable for more than one year. b. due but not payable for more than one year. c. due and receivable within one year. d. due and payable within one year. - ANSWER - d. due and payable within one year. (8-24)A transaction that is likely to cause an increase in a current liability is: a. payment of accrued wages. b. accrual of interest expense. c. depreciation of equipment. d. accrual of bad debts expense. - ANSWER - b. accrual of ...

Rockwell Exam Real Estate Classes WA Final Exam 2023/2024 With Complete Solution 100%Correct. A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - answerb. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will ...

What are the main services offered by financial institutions? - Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions What is the main objective of personal financial goals? - To maximize individual utility Which task does the financial manager of a firm perform that involves the issuance of new stocks and bonds? - Making financing decisions Why is understanding the definition of finance important in managing personal f...

Champions Real Estate Finance (Questions And Answers) 2024 mortgage Broker - CORRECT ANSWER-Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - CORRECT ANSWER-Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - CORRECT ANSWER-Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at th...

Champions real estate finance Correctly Answered 2024 mortgage Broker - Answer -Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer -Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer -Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answ...

BANT - ️️Budget - Is our product in the customers price range Authority - Who needs to sign off on this deal Need - Does our product fit the needs of the customer Timing - Have the right timed sales cycle too long or short can lose deals Territory Management - ️️he process by which sellers prioritize and manage a group of customers and prospects, who are typically organized by segments Deferred Revenue - ️️Cash up front on a subscription contract based on invoice generated. Th...

CMB Exam – Study Questions With 100% Verified Answers According to federal law, which of the following transactions are subject to the three-day right of rescission? - answerPrimary residence for rate/term and/or cash-out refinance. What federal law governs right of rescission? - answerTruth in Lending Act What are 3 borrower qualifications unique to the VA loan product? - answer1. Certificate of Eligibility 2. Active or previous duty service w/ entitlement available 3. VA loans do not...

3 Primary Sources that Pay for Healthcare Government (Medicare & Medicaid), private health insurance (through your job), and out-of-pocket (includes deductibles, copayments, and anything paid by the individual) Medicare Part A Federal program that is the insurance plan for hospital, hospice, home health, and skilled nursing care paid through with social security taxes. Nursing home care is NOT covered. Medicaid State level programs funded by state and federal. Pays for services for the blind, ...

Bond - correct answer Debt security in which bondholder is a creditor and issuer is a debtor Bond indenture - correct answer Certificate which evidences bond True - correct answer T/F Interest on bond investment is usually paid semiannually 1. FA held for trading 2. FA at amortized cost 3. FA at FVOCI 4. FA at FVPL by irrevocable designation or fair value option - correct an...