Business, 16.10.2019 01:10 tiffanyrenee3355

Anderson conveys his house to a grantee for $10,000 and takes back a trust deed and note for $5,000. anderson immediately sells his note and trust deed at a discount to mr. baker for $3,500. anderson signs the trust deed and endorses the note with the words "without recourse" prior to his signature. if the grantor defaults before making any principal payments, which of the following methods would the buyer of the first trust deed utilize to receive the greatest amount of money in the shortest period of time?
a. sue for specific performanceb. foreclosure by trustee's sale to collect $3,500c. recover from anderson, as the transaction was usuriousd. foreclosure by trustee's sale to recover $5,000

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 17:30

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots

Answers: 1

Answer

Business, 22.06.2019 19:30

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%

Answers: 3

Answer

Business, 22.06.2019 19:50

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Answers: 1

Answer

Business, 23.06.2019 07:50

If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.

Answers: 2

Answer

You know the right answer?

Anderson conveys his house to a grantee for $10,000 and takes back a trust deed and note for $5,000....

Questions