subject
Business, 03.12.2021 02:00 TheMixingToad

In 2010, Makena Bernice decided to purchase a vacant building lot located in Texas. Through her real estate agent, she contacted the person who appeared to be the owner of the lot, Eden Enterprises, Inc. The parties agreed on a sales price of $50,000 for the lot. After payment was delivered to Eden, Eden signed the deed over to Makena. Makena immediately took possession of the back half of the lot and constructed a home, living in the home for five years. During that time period, she only occupied the back half and did not put up any fencing or post any signs declaring her ownership. Unbeknownst to Makena, Eden never owned the lot, but had actually filed a fraudulent deed three years prior to the sale. In 2015, the real owner, Godin Realty, arrived at the property and began to build a home. The applicable statute of limitations is three years. How would you respond if you were Makena Bernice

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:50
Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?
Answers: 3
question
Business, 22.06.2019 12:50
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
question
Business, 22.06.2019 13:00
Explain the relationship between consumers and producers in economic growth and activity
Answers: 1
question
Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
You know the right answer?
In 2010, Makena Bernice decided to purchase a vacant building lot located in Texas. Through her real...
Questions
question
Mathematics, 14.07.2019 02:00
Questions on the website: 13722367