To be enforceable, a contract for the sale of real estate msut be in writing and signing by the parties. This is tru because of which law?
A. Real Estate License Law
B. Uniform Commercial Code
C. Real Estate Settlement Procedures Act
D. Statute of Frauds
Answer: D. Statute of Frauds
requires certain contracts, including cirtually all real estate contracts, to be in writing.
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McGrath's produces and sells two types of t-shirts—Fancy and Plain
The company provides the following data: Budget Actual Unit sales price-Fancy $24 $25 Unit sales price-Plain $18 $17 Unit sales-Fancy 1,300 1,250 Unit sales-Plain 900 875 Compute the flexible budget variance for Fancy t-shirts for sales revenue. What will be an ideal response
Which of the following refers to the term "mortality rate"?
A. The success rate of new investments. B. A one-period rate of interest expected on a bond issued at some date in the future C. The probability that a borrower will default in any given year. D. Historic default rate experience of a bond or loan. E. The probability that a borrower will default over a specified multiyear period.