When a pest control company discovers no evidence of infestation of termites, but discovers conditions that may lead to infestation, the cost of correct in the condition is generally paid by:
a. The seller.
b. The buyer.
c. It is split between the buyer and the seller.
d. The lender to protect their security interest in the property.
Answer: b. The buyer.
Business
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What is the equation to determine the cash balance per books?
What will be an ideal response?
Business
Assume that a company is based in a country that has no taxes on dividends or capital gains. The company is considering either paying a special dividend or repurchasing its own shares. Shareholders of the company would have:
A. greater wealth if the company repurchased its shares. B. greater wealth if the company paid a special cash dividend. C. the same wealth under either a cash dividend or share repurchase program.
Business