An owner of the service station removals an inactive sales associate licensee has been appointed by the court to apraise another service station which statement is most correct?
A. Since he or she has registration status that person maybe compensated for this service of real estate
B. He or she must have an active license to be compensated
C. He or she may be compensated by licensed broker
D. He or she may be compensated directly for this service
Answer: D. He or she may be compensated directly for this service
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The Can Division of Fruit Products Inc. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and unit fixed costs are $0.24 and $0.08, respectively. The Packaging Division wants to purchase 50,000 cans at $0.32 a can. Selling internally will save $0.02 a can.
Assuming the Can Division is already operating at full capacity, what is the minimum transfer price it should accept? a) $0.58 b) $0.28 c) $0.34 d) $0.66
Concerning tax liens on real property in California, which of the following statements is most incorrect:
A: A lien for real property taxes has priority over liens for assessments undertaken for public purposes regardless of time of the creation of the respective lien; B: The beneficiary under a standard trust deed is usually given explicit power to foreclose the lien if the trustor fails to pay property taxes when they become a lien against the property; C: Liens against the property arising out of contractual arrangements are inferior to real property tax liens; D: Any property sold by the state at public auction to collect delinquent property taxes has the effect of transferring to the new purchaser the title free and clear of any trust deed lien.