Make no recommendations and let the sellers decide on their own. e statement and outline the possible factors that could determine the contextual Variations in the manifestation of entrepreneurship. D. Seeking buyers for others agents listings. The circular flow model of economics shows how money moves through an economy in a constant loop from producers to consumers and back again. Cultivation of crops on land by farmers increases its value and utility. a. metes and bounds Which entity is responsible for making periodic changes to USPAP? d. it is used to describe lots in a subdivision, b. the description is imperfect if it does not end at the point of beginning, 24. Practice Questions with no Answers for Preview, >Ch4-6 R.E. 1. strategies used to increase the supply of food for a country could include. Other grazing lands include woodlands, native pastures, and croplands producing forages. d. private mortgage insurance, 26. if a property owner had a land survey done on his property it would include all of the following EXCEPT: 300 ft 5. He pays rent for occupancy, plus maintenance and operating expenses. The majority of GM crops in the United States are regulated by the United States Department of Agriculture. A. 86- Which of the following is not considered a benefit of investing in real estate? The cost of land typically includes the purchase price and all of the following costs except A) private driveways and parking lots. 70- Which of these items would be a credit to the buyer on the settlement statement? What should Alice do? At the end of the term, the loan balance will be negative. What is the mean of the GRMs? C. Allow indoor pets to leave their designated area. B. Ken must obtain his own training. Which of the following would be considered an intermediate goal? He paid $100,000 for it, and made $300,000 worth of improvements. The table shows values of this function recorded every two hours. Goodwill is an intangible asset that results from the reputation of the business. 47- Which of the following duties is not a permitted activity for an unlicensed personal assistant? Land as a factor of production can mean agriculture and farming to the use of natural resources. b. His depreciation was $2,500 per year. d. appreciation, 40. 82- What is the minimum period of time over which the owner of an apartment building can depreciate the improvements? The main cause of undernutrition and food insecurity globally is lack of available food. A. 85- Which paragraph of the purchase agreement states that the balance of the purchase price will be deposited into escrow prior to closing? A. b. setback The state of technological progress can influence the total factors of production and account for any efficiencies not related to the four typical factors. It would be misleading if the appraiser did not disclose the existence of this structure in the report. 20- Which of the following would not be an essential component when researching the purchase of an apartment building? "About Us.". b) define symbols and develop mathematical model, how does a change in each variable affect demand, Explain in details 4 different ways in which Information is Critical to an entrepreneurship, It has been said that entrepreneurship is Contextual and it will manifest differently in different countries and religion. Those who control the factors of production often enjoy the greatest wealth in a society. 186,000 x .80 = 148,800148,800 x .006 = 892.8892.8/12 (months) =74.4Answer: $74.40, Short term money instruments are traded on the. 61- Bill and Sue secured a mortgage loan that is tied to an index which fluctuates over the life of the loan. He sold the building for $1,000,000 and paid $60,000 in commission to the broker. C. Brenda could be liable for a breach of the listing terms. b. recorded plat The borrower makes payments of interest only over the term of the loan. b. riparian A column of townships running North and South is called a: At first, there was no need for land. Decks in Basic Appraisal . The loan will be distributed to them gradually. Both types of leases involve different forms of a definite rental rate. Which is NOT a requirement of a valid deed? (c) 3.31014m3.3\times10^{-14}\;\mathrm{m}3.31014m A. Ken is responsible for his own taxes, while the broker pays Sarahs. 80- Which of the following is an example of commingling? A. Labor refers to all wage-earning activities, such as the work of professionals, retail workers, and so on. Installation of central air conditioning, D. Addition of a tenant laundry facility. resistant to viral diseases, drought, heat, or herbicides. D. Their loan payments will gradually increase. Referral fee to a homeowners insurance agent. pheromone traps Which of the following types of agriculture is correctly matched with the agricultural practice? b. Practice Questions with no Answers for Preview, >Ch16-18 R.E. The purchase price, plus improvements, C. The fair market value at the time of sale. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. After the crisis, China experienced a multi-year growth cycle, and its manufacturers invested in robots to improve productivity at their facilities and meet growing market demands. It amalgamates past approaches to economic theory, such as the concept of labor as a factor of production from socialism, into a single definition. 42- Alice is planning her career and setting her goals. Your income is $1,472 every two weeks. C. Have keys made for company listings. What is the area of the ranch? Twenty years ago, most appraisal reports that were sent electronically were sent using _____ technology; today, most appraisals are sent electronically using a _______ format. Who has the dominant tenement in this situation? Why is the Schroendinger equation not valid for relativistic particles? Tip: to find a certain word or key term, press at the same time, the buttons: 1- The amount that a seller takes away from a sale is termed: 2- Which of the following best describes prospecting? The retail coffee chain needs land (prime real estate in big cities for its coffee chain), capital (large machinery to produce and dispense coffee), and labor (employees at its retail outposts for service). A. The fees that Eric charges Paul for making the loan could be any but which of the following amounts? B. Agricultural Pasture, Rangeland and Grazing | US EPA a. each check contain 16 townships who four boundaries each measure 6 miles 104- Lorna and Hal have obtained a growing equity mortgage for their new home. 58- Mortgage lenders are prohibited from discriminating in giving credit to prospective borrowers based on race, color, religion, national origin, sex, marital status, age or dependency on public assistance under which law or regulation? C. Find a lender who is willing to do FHA loans. Productivity measures the efficiency of production in economics. A. Depreciation. c. lot, block and subdivision 3- A property manager can refuse to rent to applicant Mike for any of the following reasons except which? 8- When considering making a loan to a borrower, which of the following factors would probably exert the least amount of influence on the lender? The lender in case of the borrowers death, C. The lender against delinquent payments, D. The lender in case of the borrowers default. limited use of pesticides, Which of the following is not a problem associated with industrial agriculture? 21- Which form of advertising is considered the most cost-effective method for selling a home? Two months later she purchased and moved into a new home that cost $145,000. For modern mainstream (neoclassical) economists, capital is the primary driver of value. Natural resources, such as oil and gold, can be extracted and refined for human consumption from the land. 44- Jim owns a gift shop in a commercial building. A. Give the prospects a black copy of a purchase agreement to look over. The most common lease in agriculture is a land lease. Studying population trends in the area. C. The court has ordered the transfer of Sally Greens home to her friend Penny Jacobs as part of the settlement of Sallys estate. Your property, which consists of a house on a lot, is valued at $186,000. D. Write advertisements and promotional materials with the approval of the licensee and supervising broker. d. annexation, 32. For example, the construction worker at a hotel site is part of labor, as is the waiter who serves guests or the receptionist who enrolls them into the hotel. He hired two people, an engineer (Dustin Moskovitz) and a spokesperson (Chris Hughes), who both allocated hours to the project, meaning that their invested time became a factor of production. Which law extended discrimination to include handicap and familial status? A. 3. a plat map is used in which type of legal description? These include any resource needed for the creation of a good or service. 64- Which of the following is not a form of personal advertising? What kind of agreement is this? B. Because of their low clay content, sandy soils are often referred to as "light soils.". c. to protect against liens A survey would reveal all of the following about a property EXCEPT: PDF Terms and Definitions - Food and Agriculture Organization Federal Reserve Bank of San Francisco. Demand analysis in a market indicates that 15 houses per month can be sold in the market. Our World in Data is free and accessible for everyone. Agricultural Leases Overview - National Agricultural Law Center 1.7107M/s. C. Consider child support payments in the decision. Deforestation: Facts, causes & effects | Live Science Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. The continued popularity of the product meant that Zuckerberg also had to scale technology and operations. They sold for: $178,500; $166,000; $172,750; $182,000; $168,000; $174,000; $176,000; $184,000; $170,000; $175,000; $172,000; $181,500. Which of the following statements is true? An example of this is the change in production processes in the information technology (IT) industry after jobs were outsourced to countries with lower salaries. Building b. 60- Seller Tom has an agreement with Broker Bill, Broker Jim and Broker Joe. A. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. 97- Buyer Randy makes an offer to purchase one of Broker Toms listings on June 15. You want to insure it for 80% of value. Solved 1. The European state model includes all of the - Chegg c. 200 acres indirectly, proportionatelydirectly, proportionatelyinversely, directlydirectly, inversely, A business arrangement in which two or more persons jointly own a business and share in its profits and losses is the definition of, limited partnershippartnershipgeneral partnershiptrust. by Hannah Ritchie, Max Roser and Pablo Rosado, To protect the worlds wildlife we must improve crop yields especially across Africa, After millennia of agricultural expansion, the world has passed peak agricultural land, Yields vs. Land Use: How the Green Revolution enabled us to feed a growing population. Land refers to physical land, such as the acres used for a farm or the city block on which a building is constructed. 43- The Equal Credit Opportunity Act (ECOA) requires lenders to: A. D. Offer something valuable to the reader. USDA ERS - Data Feature: How Is Land Used antibiotic application Economic Order Quantity: What Does It Mean and Who Is It Important For? Her asking price was $560,000 and the property sold for $575,000. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. D. The selling agent must provide the disclosure to the buyer as soon as practicable prior to the execution of the buyers offer to purchase. Which statement is true ? c. reliction PDF How to Feed the World in 2050 - Food and Agriculture Organization What is the mean of these numbers: 123.5, 136.2, 162, 188.9, 153.27, 227.98, 16, 342.66, 72.7, 21.55, 168.08? Starting at tree with a notch inside section 14, T3N, R2E of the Montana principle meridian go W 1/4 mile, then S 680 ft, E 1320ft, thence straight line back to the POB. b. dedication Question: Knowledge Check 01 Merchandise Inventory includes all of the following except O Goods held for sale Goods located in the warehouse O Goods sold Goods located in an off-site warehouse Show transcribed image text Expert Answer 100% (30 ratings) Answer : Option - C, Goods sold Explanation : Merchandis View the full answer , ided by total investment.. total investment is current assets (inventories, accounts receivables and cash) plus fixed assets. The home comes equipped with all furnishings. 4 Factors of Production Explained With Examples - Investopedia Two years ago, you bought a property for $264,500. ", Starbucks Coffee Corporation. The land that is least conducive to agriculture is sandy soil. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . Answered: 1. The cost of land typically includes | bartleby C. Theyre probably paying a higher interest rate on the second mortgage. Buyer Amanda asks if she can measure the windows to see if her current drapes will fit. C. Parks. A type of subsistence agriculture in which short periods of cultivation are followed by longer periods of fallow land is called, The recent trend of U.S. prime farmland has been, Challenges facing U.S. agriculture include all of the following except, increase in number of domesticated animal varieties, One of the problems associated with the "green revolution" is that, it makes developing countries dependent on high-energy consuming imported technologies. These claims are overblown, but soil erosion is a problem and we can do something about it. A basis of $148,000 and no taxable gain, B. She has an access right of way across the property of her neighbor Bob Smith for ingress, egress, and regress. Find and create gamified quizzes, lessons, presentations, and flashcards for students, employees, and everyone else. What will they have to pay at closing for the points? yields at a global level following the pattern established over the past five decades will not be sufficient to meet food needs. An illustration of the above is the difference in markets for robots in China compared to the United States after the 2008 financial crisis. The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. A. 54- Jim and Jane are buying a home for $120,000. Labor refers to the effort expended by an individual to bring a product or service to the market. Within the software industry, labor refers to the work done by project managers and developers in building the final product. d. mete, 23. B. For example, the use of robots in manufacturing has the potential to improve productivity and output. What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? c. accretion A. Import duties and taxes c. Freight, handling and other costs directly attributable to the acquisition of goods d. Trade discounts, rebates and other similar items. b. reliction Finally, capital refers to the cash, equipment, and other assets needed to start or grow a business. It is important to distinguish personal and private capital in factors of production. The land that is least conducive to agriculture is sandy soil. Read about productivity in the workplace and how productivity impacts investments. Our articles and data visualizations rely on work from many different people and organizations. B. 68- Greg and Joyce have an adjustable rate mortgage on their home. Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. A land owner is contemplating building a septic tank sewer system on his lot. What is the purpose of a states statute of frauds? d. 2.5 square miles, 15. Which of the following items can Matt not add to the original cost when doing the computation? This is an example of. Which of the following best describes a plat? For the early political economists, labor was the primary driver of economic value. 42- Alice is planning her career and setting her goals. You can say that the land is preserved wilderness, or put it to some kind of agricultural use to save on property taxes. The health of soil is a primary concern to farmers and the global community whose livelihoods depend on well managed agriculture that starts with the dirt beneath our feet. b. accretion Which entity is responsible for monitoring state appraiser licensing and certification agencies? The lender must furnish a copy of the CFPB booklet to Abby no later than the third business day from which date? B. What kind of a mortgage do they have? 87- What information can you gather from the newspaper to help develop a Prospecting Plan? The factors of production are land, labor, capital, and entrepreneurship. 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