A property defect which would likely affect the price a buyer would be willing to pay is referred to as:
a. a material fact.
b. a matter of opinion.
c. circumstantial evidence.
d. an "as is" condition.
Answer: a. a material fact.
Business
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A coal mine cost $1,003,000 and is estimated to hold 51,000 tons of coal
There is no residual value. During the first year of operations, 6,000 tons are extracted and sold. Calculate depletion expense for the first year. (Round any intermediate calculations to the nearest cent.) A) $100,300 B) $150,450 C) $200,600 D) $118,020
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The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply for jobs with an organization is referred to as ________
A) HR planning B) selection C) appraisal D) recruitment
Business