d) a document that conveys legal title. c) The maximum purchase price of the property cannot exceed $250,000. Blanco prepares financial statements quarterly. a) requires recording of a leasehold conveyance. a) To receive payment for the property b) To support the closing agent c) To deliver the title d) To pay the broker's commission, 2) The most important document at closing is the. (Assume it is not a leap year and the day of closing belongs to the seller.). A fee is to be established at a later date by the Bankruptcy Court c. A fee is based upon the nature of the engagement rather than upon the actual time spent on the engagement d. What is Jessica's share of the real estate taxes? c) The contract becomes unenforceable. a) increase the interest rate as the principal declines. 1) What is the seller's primary function at closing? which statement is true about accepting referral fees? Explain. A coinsurance clause requires a homeowner to have what kind of insurance? We gathered some employee referral program examples and bonus ideas that you can use to motivate your coworkers and reward them for their quality referrals. b) credits to the seller. 2. 9) How does a borrower use private mortgage insurance? b) She can fill out the contract but she cannot collect the earnest money deposit. a) deliver the title. The most important document at closing is the d) Amanda has done nothing wrong. Assuming it's split evenly between the buyer's and seller's agents, each agent gets $10,000. b) title insurance. Amounts collected by the lender and held in a trust or impound account for future payment are called what? Two hours later, the buyer finds a better house, calls the first seller, and withdraws the offer. 1) What is another term used to describe a promissory note? Escrow funds also go by the names: Explain. d) The original offer is legally terminated. a) It represents a "meeting of the minds.". a) a felony. 8 of 10 - RESPA applies to all of the following EXCEPT which? Non-participating providers can charge up to 15% more than Medicare's approved amount for the cost of services you receive (known as the limiting charge ). 9) Which of the following is a characteristic of land leases? a) It invalidates certain oral contracts. Explain. What form does TRID require to be used for itemizing closing costs? 8) Landlord Frank terminated Jerry's lease because gross sales did not meet expectations. (Assume it is not a leap year and the day of closing belongs to the seller.). We offer something different to local and foreign patrons and ensure you enjoy a memorable food experience every time. a) Judicial Foreclosure b) Mortgage Foreclosure c) Short-Sale Foreclosure d) Lien Foreclosure. a) a 1 percent down payment. c) A chronology of successive owners of record of a parcel of real estate. c) using preprinted riders. It is common business practice. (Assume it is not a leap year and the day of closing belongs to the seller. Explain. This means you are responsible for up to 35% (20% coinsurance + 15% limiting charge) of Medicare's approved amount for covered services. 2) If a real estate agent prepares a sales contract and an attorney makes modifications to it, which statement is TRUE? 4. | Wyoming | 599 | 565 |. a) $12.87 b) $15.91 c) $23.22 d) $25.74. 12) Paul will get the second quarter water bill at the end of June. a. c) settlement statement. The bank has the right to demand payment after any fiscal year-end in which Transits ratio of current assets to current liabilities falls below a contractual minimum of 1.9 to 1 and remains so for six months. A reasonable cause for payment means: An actual introduction of business has been made; A contractual referral fee relationships exists; or. Unlicensed Employees Permitted Activities The use of unlicensed assistants and other unlicensed of - fice personnel in the real estate industry is very widespread and the Commission is frequently asked by licensees what Prepare the liability section of a classified balance sheet for Transit Airlines at December 31, 2021. a) covers more than one piece of property. The staff is a true team and a total joy. a) require lower down payments than government-backed loans require. 1. The company must decide where to locate and how to finance the expansion. The Farm and Ranch Contract has two sections related to fees: a Ratification of Fee and an Agreement for Payment of Brokers' Fees. B. Find the correlation coefficient r for the data. b) If the party who has reason to disaffirm the contract elects instead to perform it. d) every two years. a) Executory b) Lateral c) Executed d) Open Option, 2) A patron at a restaurant is agreeing to a(n). 2) According to contract law, every valid contract is also what? Which statement is true about accepting referral fees? 8) PMI loans made after July 1999 require that the loan must be released. a) A listing agreement b) A personal services agreement c) A sale contract d) An option to buy. 1) Which one of the following documents is least like a binder? This year, the company sold 50,000 units of each product. 2) Which of the following terms is not used to describe a binder? a) Description of the Address b) Description of the Area c) Description of the Premises d) Rental Location. b) for a buyer who plans to own the property for a long time. c) The contract can be executed at no cost to the optionee. Specifically, individuals are prohibited from accepting monetary or items of value from mortgage lenders to give lenders more business that they didn't earn. **State SAT scores**. Attorneys can share referral fees with other attorneys, as long as they comply with the governing ethics rules. a) Estate for years b) Estate at will c) Estate from period to period d) Estate at sufferance. step or holding funds. a) Protracted Mortgage b) Advanced Mortgage c) Purchase Money Mortgage d) Hold Over Mortgage. Since RESPA is not involved, rules about referral fees also do not apply. 9: National Brokerage: closing:Quiz, Ch. b) neither an instrument of conveyance nor contract. Transactions with a final sales price of less than or equal to $150,000 have a lower referral fee than homes priced greater than $150,000. Recording the deed is done through which of these? b) All parties to the contact must initial the changes. 1) Grant moves into his new office space while he awaits the completion of the negotiations of the lease terms. b) Norm can complete the lease agreements as long as he has a lawyer co-sign them. b) The leased property is foreclosed. Determine the total stockholders equity at the end of Years 1, 2, and 3. 5 - National Brokerage Pg. a) Right of Purchase b) Right to Rescind c) Right to Deed Access d) Right of Redemption. The "Commissions and Referral Fees Rule" (ET 1.520.001) of the AICPA Code of Professional Conduct provides guidance to members regarding commissions or referral fees received for the referral of products and services to clients. d) They are always divided equally between the buyer and the seller. Which statement is TRUE? Violations of RESPA are subject to criminal and civil penalties. survey. a) both an instrument of conveyance and a contract. d) for a seller in a buyer's market. It manufactures these products in separate factories and markets them through different channels. 6. Use a confidence level of 90. \hline c) The tenant goes out of business. a) estates at will. 7) What kind of lease contains a recapture clause? marketing businesses) stand to receive upon the sale of the property. a) Seller b) Lender representative c) Buyer d) Closing agent. The escrow agent will subtract the total of the buyer's credits from the total debits and the result is what the buyer needs to bring. c) a misdemeanor. a. 7) Money that the buyer or seller receives at closing is called what? 5. which statement is true about accepting referral fees?san diego state university graduate admissions contact . These real estate lead services include OpCity, Real Estate Exchange and Redfin & they . Explain. If closing is on May 7, what will be Paul_s share of the bill? a) To make a down payment on a motor home, a) Preservation and Maintenance of Property. d) using a schedule of changes. \hline \text { Money Raised } & \$ 7,456 & \$ 7,988 & \$ 8,322 & \$ 8,344 & \$ 8,901 \\ A real estate licensee that receives a referral fee for sending business to a home inspector, violates RESPA. alcoholic drinks beginning with 'y; breast reduction checklist; bath county middle school principal; how to change rotations in nba 2k22 myleague; where is the thesis statement located in an essay. 14) In an effort to make it possible for veterans returning from World War II to purchase a home, the Veterans Administration offered the opportunity for veterans to purchase a home with. Transits fiscal year ends on December 31. Jason Lemkin outlines a strong example of how referral fees could work for your software business. However, unlike the AKS, this Florida statute is agnostic as to payer . If the closing is set for October 15, using the 365-day method, how much of the taxes will be credited to the buyer? a) deed. Which type of inspection covers a home's major mechanical systems? 12-61-203.5. \end{array} a) Credit report b) Homeowner's insurance premium c) Earnest money deposit d) Home inspection. a) Amanda has illegally commingled the earnest money with her own money. 8) A lease automatically terminates under which of the following circumstances? a) If neither party agrees to the terms. a) Assignment of a Contract_ b) Operation of Law c) Transfer Clause d) Execute Clause. National Labor Relations Board issued decision restricting employer use of confidentiality and non-disparagement provisions in separation agreements. In some cases, more than one statement will report the needed data. Il semble que rien na t trouv cet emplacement. importance of productivity in business; July 7, 2022; a) Proceeds from tax exempt mortgage revenue bonds. d) A borrower can get a loan with a higher down payment by insuring the loan through private mortgage insurance. Draft appropriate note disclosures for Transits financial statements at December 31, 2021, for each of the five items described. Immeuble International City Center, Centre Urbain Nord 1082 El Mahrajen. d) denied. $5,500 the first year, plus a maximum 2% increase in market value per year. a) Attachment b) Covenant c) Bond d) Bill. e. Add the point (r, s) to the list of the five points you originally entered on your calculator. . fee, referral fee, "bird dog" fee or similar compensation to an unlicensed person. 14 - Escrow and Title Insurance, PRINCIPLES Real Estate Practice Chapter 8, PRINCIPLES Real Estate Practice Chapter 15, PRINCIPLES Real Estate Practice Chapter 5, PRINCIPLES Real Estate Practice Chapter 16, PRINCIPLES Real Estate Practice Chapter 18, PRINCIPLES Real Estate Practice Chapter 17, PRINCIPLES Real Estate Practice Chapter 13, PRINCIPLES Real Estate Practice Chapter 12, Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, 4.6 Homeostasis , hormones and endocrine syst. 6) Broker Amanda prepares a sales contract, collects the earnest money and deposits it in her business account. Any borrowings will mature two years from the date of borrowing. d) were paid in advance. 4) Tim and Laura signed a sales contract with a mortgage contingency clause. YearMoneyRaisedShirtsSold2006$7,456342007$7,988402008$8,322502009$8,344412010$8,90182. What entry would Anaheim National Bank make regarding its outstanding loan to Midwest Enterprises? Find the regression line equation correct to seven decimal places, and plot it on your scatterplot. 3) Which of these is a common property description? Transit plans to appeal the judgment and is unable to predict its outcome though it is not expected to have a material adverse effect on the company. What was the total manufacturing cost of the goods produced? 6) Mark earns $185,000 a year and he pays $2,200 per month for a rent-stabilized apartment. A: No, it is never permissible to accept such a fee. b) Preservation and Maintenance of Property. b) A borrower can get a conventional loan with a lower down payment by insuring the loan through private mortgage insurance. Which statement is true? c) reduce the interest rate by 1/2 percent every 5 years. \end{array} 14) Which of the following is NOT an FHA loan requirement? Client-Lawyer Relationship. d) the borrower must have a co-signer. How will they know how much money they will receive from the sale? c) is not a binding contract upon agreement. What is the probability of completing the project in 25 periods? So use Finish to Start lags here. It could be a violation of state licensing laws. Paying For RIA Referrals: State And SEC Solicitor Rules . A $30 million 8% bank loan is payable on October 31, 2024. You should verify the status of the vehicle with relevant state / territory authorities and the vehicle manufacturer / authorised agent. 7) Which of the following is not an item that a buyer usually pays at closing? b) are less flexible than government-backed loans . d) contain a legal description of the property. a) Holdout tenant b) Holdover tenant c) Tenant at-large d) Tenant in-arrears. a referral fee) where the following elements are met: A. Note: Base your plan on the following guidelines: eight-hour days, five-day weeks except for when Brian moves the network components over a weekend, no holiday breaks, March 1, 2010, is the project start date. a) 10 percent b) 15 percent c) 20 percent d) 25 percent. c) It's still an offer. Ch. Management uses a voucher system to help control and monitor cash disbursements. bse odisha 10th result 2022 time June 25, 2022 June 25, 2022 By ; squid game dalgona candy game; d) states that a lawyer can rescind the contract terms within 10 days of contract approval. Use the graph to help you. a) Percentage b) Net c) Provisional d) Graduated. which he or she is practicing. b. Units de conditionnement et mise en bouteille, Units de lavage & nettoyage des fruits & lgumes, Units de transformation de fruits et lgumes. a) Fixed Rate Loans b) Bump Loans c) Adjustable Rate Loans d) Retracted Loans. 15. 9) Most conventional loans follow the underwriting standards outlined by. b) the First National Bank. Draw a scatterplot on your calculator comparing money raised and shirts sold. c) homeowner's insurance. They do not try to get a loan, and when the deadline for loan approval draws near, they tell their agent they couldn't get a loan. question. d) She can use this contract as long as it contains an attorney review clause. c) If the party who wants to enforce the contract seeks legal relief. . It is permissible in amounts under $50. 8) Conventional loans are typically uninsured. The table gives the amount raised by Key Club members and the number of Key Club t-shirts sold at Meadow East High School for given years. It could be a violation of state licensing laws. a) Actual notice b) Torrens system notice c) Apparent notice d) Constructive notice. a) After a cooling period b) After both parties have signed it c) After it is performed d) After the parties agree to their respective promises. b) All parties to the contact must initial the changes. a) Receipt b) Buyer's Statement c) Purchase Offer d) An Agreement. 2) Which mortgage clause requires the borrower to maintain the physical condition of the property? a) The lender calculates what the buyer owes and then tells the sellers what they will receive. a. b) The buyer brings a blank check and finds out the final amount at the closing meeting. c) Arbitrate prior to taking court action. a) Attachment b) Covenant of seisin c) Promissory Note d) Defeasance clause. At this point, assuming all other contract validity items are in order, what is the status of the offer? holding or blank funds. a) A borrower cannot qualify for a conventional loan unless he or she can make a 20% down payment. c) The borrower pays a fixed rate of interest. 6) Which of the following contracts must be in writing to be enforceable? 2) Which kind of lease has no time limit? 7) How does the buyer know how much money to bring to closing? d) The landlord cancels the lease. 1) Which of the following documents is not one that will be needed at closing? b) A borrower can get a conventional loan with a lower down payment by insuring the loan through private mortgage insurance. Of course, with any law there are exceptions. a) Description and Order b) Terms c) Dissolution d) Offer and Acceptance. a) Accounts Payable b) Accounts Receivable c) Impound Account d) Forward Account. What is the real estate transfer tax based on? a) One calendar week b) One business day c) Two calendar days d) One business week. The real estate transaction involves a federally related mortgage loan, and; B. Test the hypothesis at the 1% significance level. Dr. Novak is gentle and does beautiful work. Amounts collected by the lender and held in a trust or impound account for future payment are called what? Which statement is true about accepting referral fees? c) The apartment can be decontrolled. c) A certificate issued by the property owner that indicates that the building is in proper condition to be occupied. 4) How is the interest on a ARM loan determined? a) tells all parties that the preprinted forms have been approved by an attorney. 4. Required d) Brokers are allowed to complete any lease, provided all parties agree. a) Use provisions b) Demising clause c) Description of premises d) Alienation clause. A. A. Taxes on the property Buyer Alan is purchasing are $3,200 due on December 31. c) excusable. a) A parol contract b) A six-month lease c) A two-year lease d) An executory contract. }\\ Which of the following is TRUE regarding the recording of a deed? Another purpose is to eliminate kickbacks and referral fees that increase unnecessarily the costs of certain . This is an up-beat high tech office. c) It nullifies oral leases and listing agreements. Welcome to the Northern Ireland Assembly web site, which was set up to inform interested viewers of the day-to-day business and historical background of devolved Government in Northern Ireland. accept commission-based compensation for defined services, as long as the fees are disclosed in writing and various prohibited services are not performed. c) A sublease does not convey any of the leasehold interest. c) estate at sufferance. 4) Which of these items is not included in a lease agreement? d) The escrow agent will subtract the total of the buyer_s credits from the total debits and the result is what the buyer needs to bring. b) The first seller may sue the buyer for specific performance. Jerry agreed to what type of lease? However, when a member is associated with financial statements under circumstances that would lead the reader to assume that practices of the United States were followed, the member must comply with the "Compliance With Standards Rule" [ 1.310.001 for It could be a violation of state licensing laws. 13) What type of account holds property insurance, taxes, and Mutual Mortgage Insurance in escrow? c) include all outstanding liens against the property. 6) Which contract element indicates a mutual agreement? a) Window Loan b) Home Equity Loan c) Reverse Annuity Mortgage d) Blanket Loan. Posted on 7 julio, 2022; By . 3) Borrower Jake has defaulted on his mortgage and the lender has required the loan to paid in full. Person as author : Boisson de Chazournes, Laurence In : Standard-setting in UNESCO, volume I: normative action in education, science and culture, essays in commemoration of the Sixtieth Anniversary of UNESCO, p. 51-72 Language : English Also available in : Franais Year of publication : 2007 Licence type : CC BY-SA 3.0 IGO book part The Real Estate Settlement Procedures Act. Bondholders have the option of calling (demanding payment on) the bonds on July 31, 2022, at a redemption price of$90 million. It's time to take a look at your preferred . c) The Torrens title record is the title itself. The $20,000 is what type of mortgage? d) It's an invalid offer. 8) Money that the buyer or seller needs to pay at closing is called what? 5) Which statement is true about accepting referral fees? If a seller prepaid the taxes of $2,100 and the closing is set for March 15, using the 12month/30 day method what will the buyer owe the seller as prorated taxes? The agent must disclose any referral relationship to a consumer at the time of referral, including the value of any referral fee that they may receive. a) The borrower must occupy the property. 4) A contract that conveys an interest in real estate must. 11) Fred has an existing property mortgage, but seeks a second loan. 10) Steve has an existing loan with Sunray Bank and has applied for a second loan. a) Margin b) Index c) Payment cap d) Rate cap. 3) Which mortgage clause requires a borrower to maintain the physical condition of the mortgaged property? Because more and more people aren't trusting traditional ads. 3. Outstanding check _________ c. Invoice ________ d. Voucher, Assume that you are manufacturing B. NLRB's focus is on unions and union . d) Mark can be evicted. d) It is permissible in amounts under $50. c) every seven years. 6) What type of loan typically has a low initial rate followed by higher rates? \text{}&{}&\textbf{Year 3}&{}&\textbf{Year 2}&{}&\textbf{Year 1}\\ What can be said about Norm's actions? In simplified terms, these rules make it unlawful to give or accept any "thing of value" (e.g. Referral fees - interference with brokerage relationship. impound or reserve funds. 5 of 10 - Which item is not covered by CLTA, ALTA or ALTA-R insurance policies? Elon Musk Dogecoin (DOGE) . Lowes recently reported the following endof-year balance sheet data (in millions): Year3Year2Year1Totalassets$32,732$32,666$33,559Totalliabilities20,87918,80917,026\begin{array}{l l r rr} a) This action is perfectly legal in New York. a) Left side of page 1 b) Right side of page 1 c) Top of page 2 d) Bottom of page 2, 1) The buyer's primary function at closing is to. 11) If a seller prepaid an insurance policy of $2,100 and the closing is set for March 15, using the 12-month/30-day method, what will the buyer owe the seller? Finally, to evaluate the success - or failure - of your employee referral program, you need to track and analyze some HR metrics. You don't need a machine to predict what the FTC might do when those claims are unsupported . a) through verbal agreements. 1) Broker Norm prints and completes lease agreements to which he is not a party. \end{aligned} c) when the loan-to-value ratio reaches 78 percent. a) require lower down payments than government-backed loans require. b) The bundle of rights linked to the recorded title to a parcel. which statement is true about accepting referral fees? property inspection. Study with Quizlet and memorize flashcards containing terms like Which of the following is TRUE regarding the recording of a deed?, Which statement is true about accepting referral fees?, Money that the buyer or seller needs to pay at closing is called what? A typical referral fee for a real estate transaction is 25% of the gross commission received by the side representing the principal you referred. \text{Total assets }&{}&\text{\$32,732}&{}&\text{\$32,666}&{}&\text{\$33,559 The contract was not approved by the local Real Estate Board nor the Bar Association. a) Graduated b) Gross c) Percentage d) Net. a) Mark can insist that the landlord lower the rent. a) The tenant fails to pay rent. (a) A lawyer shall not make an agreement for, charge, or collect an unreasonable fee or an unreasonable amount for expenses. 10) Buyer Rich has asked Seller Sally to hold $15,000 as a second mortgage. Commission Issues. a) Capacity to Contract b) Capacity of Age c) Legal Capacity d) Capacity to Render. d) A lender can continue to collect PMI payments until the homeowner's equity reaches 25%. Victim information. 7) Jim holds a commercial lease. None743Developmktg. indigo flight from kolkata to delhi; designated agency disclosure; battlefield 2042 new maps 2022. southern enterprises coffee table; closetmaid shelf wood sf condo conversion rules 6 23, 2022 ; single family homes for sale in princeton, . Assume that the company expects sales of each product to decline to 33,000 units next year with no change in unit sales price. Rule 1.5 (e) specifically governs referral fees between attorneys, and spells out certain . 6) Buyers Jim and Jan are closing on a home later this month. a) They can cancel the contract and get their earnest money refunded. c) allows for contract approval by a third party lawyer hired by the broker. 3) Which statement best defines a Certificate of Occupancy? b) Select a specific, limited course of action for recouping their losses. 9) Which of these would be a CREDIT to the seller at closing? Market conditions are such that the call option is not expected to be exercised. One of its purposes is to help consumers become better shoppers for settlement services. c) The landlord leases the ground floor of the building to a commercial tenant. Which statement is TRUE? Title search. 3) Mary has remained in her apartment two weeks past her move-out date, without any payment. What type of contract does Bill hold? It could be a violation of state licensing laws. Select one and provide the terms of the merger. 6) In which contract section might you the property address? 1) Buyer Bill has agreed to pay for a computer system after all hardware has been installed and operational. d) pay the purchase price for the property. 3 of 10 - Who is responsible for ordering the preliminary title report? d) require higher down payments than government-backed loans require. a) legal. 9) Which contract provision makes previous promises null and void? The Code prohibits the receipt of third party commissions and referral fees under certain circumstances. Proof of ownership of a property is called what? a) Interest is based on a yearly prorated amount on the remaining principal. 5) Which of the following is one of the purposes of the Lawyers' Fund? 10) Which of the following is an item that is not normally prorated? a) Preservation and Maintenance of Property b) Property Inspection Report c) Property Order d) Borrower's Duties. This is an example of a. a) legal and binding contract. There are both criminal and civil penalties for violations of RESPA, including a fine of up to $10,000.00 and imprisonment of up to one year. C. Accepting travel expense coverage but refusing to attend the event. A broker cannot use the word "escrow" in a fictitious name. Please ensure that you have calculated the fee correctly. d) the federal discount interest rate. TRID requires a lender to give a Loan Estimate and a copy of the booklet "Your home loan toolkit" to an applicant within what timeframe? 3. Describe some factors that might have created the different cost structures for these two products. Elon Musk AI. 14) Ruth must deposit $1,113.45 in to a FHA-backed escrow account. Chpt. It is common business practice. b) A certificate issued by a HUD that indicates that the building is in proper condition to be occupied. d) A certificate issued by the mortgage holder that indicates that the building is in proper condition to be occupied. Identify how prior period adjustments would be reported on the financial statements presented only for the current period. \hline \text { Year } & 2006 & 2007 & 2008 & 2009 & 2010 \\ 11) What type of loan is often used when a seller will not accept a property sale contingency? The data are saved in the file. a) A promise to pay b) A judgment letter c) A property lien d) Earnest money. It is not a legal requirement that a deed be recorded in the County Clerk's office. 1. However, a licensee still is prohibited from accepting any fee or commission solely for referral of a client to a third party. A . c) the mortgage itself provides the only security for the loan. Referral fees. 7) What contract provision shows a division of expenses between buyers and sellers? a) Mager Clause b) Merger Clause c) Rescind Clause d) Vacant Clause. What type of loan does Jim hold? Advise the client of the right to refuse the medication Persuade the facility to accept the client on a trial basis Discuss the referral problem with the psychiatrist and team Request a conference with the halfway house administrator. 13) Al is seeking an FHA loan. c) the Mortgage Loan Trust Bank. 9) What is the real estate transfer tax based on? d) The tenant leases the ground from the landlord and owns the improvements. b) will be a credit to the buyer. which of the following statements is true. Frank Douglas, CFA and Carl Sheen, CFA are researching the coal mining industry in Australia. How do they differ? 6) Broker Sara completes a preprinted sales contract. Assign the value to r. Find the average number of shirts sold over the five years shown. The rule prohibits the receipt of commissions when the referral is made to a client for which specific attest . b) A tenant buys the landlord's ground, then leases the improvements. a) Designed to promote ethics training among lawyers b) Allows lawyers to deposit earnest monies into a State wide account c) Provides a fund for loans to lawyers for professional development d) Designed for law clients who are unable to get reimbursement from their lawyer who has caused them loss, 5) In New York, the practice of law by a non-attorney is. Also, assume that any loss before taxes yields a 32% tax savings. Historically, the terms "consultation," "referral," and "transfer of care" have sometimes been used interchangeably. Mortgage recording fee It is permissible in amounts under $50. c) for a lender in a market that is decreasing in value. a) Marketable title b) Abstract of title c) Evidence of title d) Title commitment. c) open. Assume that the company expects sales of each product to increase to 64,000 units next year with no change in unit sales price.
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