1973 World Motocross Championship, Articles A

How many acres are there is the described property? 74- Which statement is not true about an agency relationship? It would be misleading if the appraiser did not disclose the existence of this structure in the report. B. Brenda has violated the fiduciary duty of obedience to Jim. \text{T} & \text{48} & \text{46} & \text{51} & \text{57} & \text{62} & \text{68} & \text{71}\\ Why might a lender require a survey before making a loan? The right held by the lessee to use and occupy real estate for a stated term and under the conditions specified in the lease is the definition of. There are four factors of productionland, labor, capital, and entrepreneurship. B. The rate at which vacant space in a property or a group of properties for sale or lease has been or is expected to be successfully sold or leased over a specified period of time is the definition of a(n) __________ rate. Purchase price b. At first, there was no need for land. B. 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. D) grading, filling, draining, and clearing costs. 15- Karen and Al obtained a 30-year fixed-rate, fully amortized loan when they purchased their home. Give the prospects a black copy of a purchase agreement to look over. 7- In the initial meetings with the prospects, the agent should do all of the following except which? For example, a firm operating in the real estate industry typically owns significant parcels of land, while retail corporations and shops lease land for extended periods of time. Which of the following would be PRIVATE restrictions on property rights? Business Accounting 1. 82- What is the minimum period of time over which the owner of an apartment building can depreciate the improvements? Her property taxes would be assessed at: 79- Tom and Mary want to purchase their first home. C2H5Br(alc)+OH(alc)C2H5OH(I)+Br(alc), is first order each in ethyl bromide and hydroxide ion. The term of the loan can be shortened. The fees that Eric charges Paul for making the loan could be any but which of the following amounts? b. 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 . B. International (Global) Trade: Definition, Benefits, Criticisms. Labor refers to all wage-earning activities, such as the work of professionals, retail workers, and so on. c. an easement closed in the operating activities (O), investing activities (I), or financing activities (F) section of the statement or use (NA) if the item does not appear on the statement. That includes Randy Newman, who sings about his hometown.1:A nickname of a place can have the following functions except .Abuilding up identityBentertainmentCbringing pride to the localsDuniting surrounding cities2:The underlined sentence can best be replaced by .AYour trip to Los Angeles is not perfect if you miss . a. putting more land into production b. increasing the yield of land under cultivation. . (95, 93, 120, 94, 93, 129), A right or interest in property is a(n). the radius of the first Bohr orbit and the magnitude of the lowest energy for the hydrogen atom can be written as, a0=cmc2=c2E1=122mc2a_0=\frac{\hbar c}{\alpha m c^2}=\frac{\lambda_c}{2 \pi \alpha} \quad E_1=\frac{1}{2} \alpha^2 m c^2 Challenges facing U.S. agriculture include all of the following except decline in prime farmland decline in numbers of domesticated plant varieties addressing habitat fragmentation improving crop and livestock yields The Census of Agriculture is a complete count of U.S. farms and ranches and the people who operate them. PRACTICE QUESTIONS), >Ch1-3 R.E. b. meridians "Sustaining Chinas Economic Growth After the Global Financial Crisis," Pages 1-2. International Federation of Robotics. Present the offer and tell the seller that the check needs to be held until June 30. Production, such as manufacturing, can be tracked by certain indexes, including the ISM manufacturing index. An open listing is an exclusive contract. B. ", Starbucks Coffee Corporation. 100 ft The modern definition of factors of production is primarily derived from a neoclassical view of economics. 53- Greg sold an apartment building he owned for 20 years. They have $20,000 for a down payment and assumed the sellers mortgage of $75,000. All of the following statements about sections as defined in the US government survey system are true EXCEPT: a. a section is 640 acres. b. conformity 1. Investopedia requires writers to use primary sources to support their work. Within the software industry, labor refers to the work done by project managers and developers in building the final product. 57- Under federal income tax law, the basis for a personal residence is which of the following: 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? They will owe a balloon payment at the end of the loan term. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. 52- Which statement is true about a listing contract? a. easement A. Under the current qualification criteria, an applicant for Appraiser Trainee must have completed ___ creditable hours of experience. D. All adjustable rate mortgages have negative amortization. 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. 75 Here are all the sales in your area in the last 4 months. -pesticides kill prey thereby causing predators to starve or migrate. Those who control the factors of production often enjoy the greatest wealth in a society. In economics, capital typically refers to money. Which of the following would be considered an intermediate goal? A. Greg Burns is selling his interest in his home to his wife Melanie as part of their divorce settlement. You can get a loan for 90% of value. antibiotic application This term typically refers to. D. A basis of $140,000 and no taxable gain. c. to protect against liens Buyer Amanda asks if she can measure the windows to see if her current drapes will fit. A. Orchards. This is further explained below. A. C. I will open my own office within nine years. At the end of the term, the loan balance will be negative. Our World in Data is free and accessible for everyone. "The Industrial Robotics Industry in China: Demand and Domestic Innovation. Which of the following statements is true? c. 2 townships Which statement is true? Because of their low clay content, sandy soils are often referred to as "light soils.". a. erosion 44- Jim owns a gift shop in a commercial building. b. littoral 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. 5 acres For purposes of federal income tax, which statement is true? turnover is sales div The data produced by third parties and made available by Our World in Data is subject to the license terms from the original third-party authors. Which statement is true? Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit. 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 Which of the following best describes a plat? A basis of $145,000 and a taxable gain of $3,000, C. A basis of $130,000 and a table gain of $18,000. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests. Installation of central air conditioning, D. Addition of a tenant laundry facility. When citing this topic page, please also cite the underlying data sources. Certain homeowners may qualify for a $10,000 exemption. B. Studying population trends in the area. tT4486468511057126214681671. Land has a broad definition as a factor of production and can take on various forms, from agricultural land to commercial real estate to the resources available from a particular piece of land. 28- Abby applies for a federally-related loan to purchase a home. B. The Solow residual, also known as "total factor productivity (TFP)," measures the residual output that remains unaccounted for from the four factors of production and typically increases when technological processes or equipment are applied to production. This topic page can be cited as: All visualizations, data, and code produced by Our World in Data are completely open access under the Creative Commons BY license. c. front footage Calculate the de Broglie wavelength associated with a helium-4 atom (4.00 amu) moving at 3.0106m/s3.0\times10^6\;\mathrm{m/s}3.0106m/s. The buyer was responsible for making the discovery, so Pam is therefore liable. The median price of homes sold in your county nine months ago was $217,400. C. Insurance agents dealing with customers. You have found comparable sales of rural land parcels that indicate the following sale prices per acre: ($930, $775, $1202, $995, $1612, $906). For modern mainstream (neoclassical) economists, capital is the primary driver of value. Ownership of the factors of production also differs based on the economic system. He sells this right to nearby Property Owner B who wishes to develop his property into additional lots. It is determined by who pays the compensation. How much did Sam gain or lose on the sale? Whoever brings the buyer will get the commission. d. 2.5 square miles, 15. A lot measures 248.4 feet X 378.90 feet. The borrowers family in case of his or her death, B. Housing and Community Development Act. 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. 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? A social entrepreneur is a person who pursues an innovative idea with the potential to solve a community problem. a. government survey system b. disposal of livestock wastes He raised venture capital money to rent office space, hire more employees, and purchase additional server space for development. . Property rights are part of real property, not real estate, The ownership interest held by the lessor, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires is the definition of. c. reliction Is equal for each year over the life of the property, C. Is high during the first five years of the ownership period, then reduces gradually over the life of the property, D. Varies according to the expired life of the improvements made to the property. The Federal Reserve can influence the level of economic activity by. What Is a Sunk Costand the Sunk Cost Fallacy? B. Erosion How many acres are there in 2 parcels of land described a SW 1/4 and the NW 1/4 of the SE 1/4? D. The date Abby makes the request to receive the booklet. 71- When agent Jane meets with her sellers to offer suggestions, she most likely would not give them: 72- According to RESPA, a buyer or seller cannot legally be charged at closing for which of the following items? A. b. the description is imperfect if it does not end at the point of beginning At the end of the term, the loan balance will be negative. d. mete, 23. How many months inventory does this represent? narrow-spectrum pesticide because it focuses on killing specific organisms. 76- Mark believes he has been discriminated against during his home search. -All of the above The cash rent lease and the crop-share lease are the two most frequently used land leases in agriculture. 59- Which of the following is a sellers request that an agent cannot honor? By increasing crop yields we can reduce the amount of land we use for agriculture. a. to protect the buyer by showing the size of the lot D. Farms. a. seller U.S. land area covers nearly 2.3 billion acres. USPAP includes performance standards for the appraisal of, real property, personal property, and business/intangible property, What is the mode of the following set of gross rent multipliers? Randy gives Tom an earnest money check for $1,000 and asks Tom to hold it until June 30, regardless of the date the seller accepts the offer. d. assemblage, 39. resistant to viral diseases, drought, heat, or herbicides. c. 400 ft As a factor of production, capital refers to the purchase of goods made with money in production. 3- A property manager can refuse to rent to applicant Mike for any of the following reasons except which? B. D. The monthly payments increase overtime. What is the key feature of this type of loan? ", U.S. International Trade Commission. For income tax purposes, the IRS would probably classify Patrick as: 32- Broker Alice has a listing agreement with Jack. 57- Under federal income tax law, the basis for a personal residence is which of the following: A. [2] [3] It is generally synonymous with both farmland or cropland, as well as pasture or rangeland . b. range 97- Buyer Randy makes an offer to purchase one of Broker Toms listings on June 15. A. Which statement is TRUE regarding this situation? "North American Robot Orders Fall 21% in 2008. The metes and bounds form of land description uses: 2. a township contains how many square miles? C. Consider child support payments in the decision. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. What would we call Hannah? The European state model includes all of the following except: A. a clearly and legally defined territory B. a population governed from a capital city C. a representative government D. a high level of urbanization 2. The factors of production are land, labor, capital, and entrepreneurship. B. The recent trend of U.S. prime farmland has been a loss of 160,000 hectares per year. 41- Agricultural land includes all of the following EXCEPT which? A. D. The interest payment is always smaller then the amount allocated to the principal. Indicate whether each item is dis Purchase of investments. In capitalism, the factors of production are most often controlled by business owners and investors. What is the mean of the GRMs? A. Land improvement c. Land d. Expense; Answer B The borrower makes payments of interest only over the term of the loan. However, as business continued to grow, Meta built its own office space and data centers. You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. 70- Which of these items would be a credit to the buyer on the settlement statement? d. benchmark, 30. B. What Is Depreciation, and How Is It Calculated? The US government survey uses all of the following EXCEPT: B. c. recorded plat C. Broker Harry deposits $1000 into his brokerage business account. In the chart here we see a global map of land used for arable agriculture (as a share of total land area). B. 56- Which is not a true statement about the Agency Disclosure? b. recorded plat The S 1/2 of the NW 1/4 of the SW 1/4 of section 14 is how many acres. Meanwhile, a company that makes its money from building and renting out office space might see land and capital as its most valuable factors. The borrower makes payments of interest only over the term of the loan. If Broker Tom procures a buyer for Jack, Tom will get the commission and Alice will not. Other grazing lands include woodlands, native pastures, and croplands producing forages. All of the following are similarities between undernutrition and overnutrition except, both involve lack of access to sufficient daily calories. The ___ has oversight authority over state appraisal boards: Which is not true concerning the highest and best use of land as though vacant? The greater a firm's or country's TFP, the greater its growth. d. 1/2 mile, 22. The three methods used to legally describe land are: The majority of GM crops in the United States are regulated by the United States Department of Agriculture. Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. C. Refuse to accept the offer and check. Here are all the sales in your area in the last 4 months. 43- The Equal Credit Opportunity Act (ECOA) requires lenders to: A. Why? 60- Seller Tom has an agreement with Broker Bill, Broker Jim and Broker Joe. 65- Which of the following items is usually not prorated at closing? The land that is least conducive to agriculture is sandy soil. C. Mike has been late with his rent payments seven times in the past year, D. He had a serious physical altercation with his downstairs neighbor. 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. The circular flow model of economics shows how money moves through an economy in a constant loop from producers to consumers and back again. Which law extended discrimination to include handicap and familial status? 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. Which of the following items can Matt not add to the original cost when doing the computation? d. all of the above, Arizona Real Estate "Escrow and Closing B-7", Real Estate Test National Portion B1-B9 Exam, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer. D. Their lender can profit from the difference in interest rates. This is called: The four agents of production are land, ________, capital, and _____________. A. 5. D. I will distribute 200 business cards every month for the next six months. A. I will complete the GRI certification in the next four years. Jim should not use this flier as a: 94- Sellers agent Pam was unaware of the fact that the heating system of a home she had listed was defective. D. The UCC is a body of law that standardizes a number of business practices. c. 200 acres Agricultural land includes all of the following EXCEPT which? It is important to distinguish personal and private capital in factors of production. Improvements in crop yields have been essential to feed a growing population, while reducing the environmental impact of food production at the same time. These claims are overblown, but soil erosion is a problem and we can do something about it. d. lien, 35. d. section 12 is directly north of section 1 in a township, d. section 12 is directly north of section 1 in a township, 19. C. Parks. 4. Why is the Schroendinger equation not valid for relativistic particles? 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. A. Which entity is responsible for monitoring state appraiser licensing and certification agencies? How much cropland has the world spared due to increases in crop yields? What will the new owners pay in property taxes? You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. C. The seller did not disclose the problem on a sellers disclosure form so Pam is off the hook. What should Tom do? He pays rent for occupancy, plus maintenance and operating expenses. 68- Greg and Joyce have an adjustable rate mortgage on their home. (b) 3.31011m3.3\times10^{-11}\;\mathrm{m}3.31011m where c=h/mc\lambda_c=h / m cc=h/mc is the Compton wavelength of the electron and =ke2/c\alpha=k e^2 / \hbar c=ke2/c is the finestructure constant. Rangelands include natural grassland, savannas, many wetlands, some deserts, tundra, and certain forb and shrub communities. During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. The lender must furnish a copy of the CFPB booklet to Abby no later than the third business day from which date? The most common lease in agriculture is a land lease. D. Pam is has no duty to investigate and may rely on the opinion of a heating professional or home inspector. a. survey The purchase price, plus depreciation, B. The Uniform Commercial Code covers the sale of goods over $________. 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. For people and planet, it's one of . The proportion of the land base in agricultural uses has declined from 63 percent in 1949 to 51 percent in 2007. Costs directly related to the . c. highest and best use 86- Which of the following is not considered a benefit of investing in real estate? Because of their low clay content, sandy soils are often referred to as " light soils." You want to buy a house for $243,500. Two years ago, you bought a property for $264,500. A. Ken is responsible for his own taxes, while the broker pays Sarahs. Under no circumstances, however, is labor owned by firms. Which method of land description would describe an irregular piece of property? The interest rate will increase gradually over time. Federal Reserve Bank of San Francisco. a0=mc2c=2cE1=212mc2. Inventory (increase). How many acres is that? c. check 36- Broker Eric secures a loan for buyer Paul. 81- Jake has decided to specialize in working with clients who purchase schools. Which of the following would be the least likely place for them to obtain a loan? His depreciation was $2,500 per year. a. recorded plat, us government survey, and street address. The purchase price, plus improvements, C. The fair market value at the time of sale. 96- Which statement is not true about a listing contract? Which of the following statements is TRUE about metes and bounds? 100 acres This can result in a transformation of factors of production for entire industries. The website with the largest amount of demographics information is, What is the median of the following set of gross rent multipliers? The purchase price, plus improvements b. metes and bounds a. each check contain 16 townships who four boundaries each measure 6 miles Last year, about 25% of his income came from sales commissions. An example of entrepreneurship is the evolution of the social media behemoth Meta (META), formerly Facebook. 4. a. Instead, it facilitates the processes used in production by enabling entrepreneurs and company owners to purchase capital goods or land or to pay wages. Jim and Jane financed the remaining $25,000 through the seller. Goodwill is an intangible asset that results from the reputation of the business. Natural resources, such as oil and gold, can be extracted and refined for human consumption from the land. D. Ken and Sarah both must be at the office from 9 a.m. to 5 p.m. 35- Who benefits from Private Mortgage Insurance? A lot measures 178 feet by 464 feet. 8. Depending on the context, some factors of production might be more important than others. What kind of agreement is this? c. 25 acres Trespassing on the domain of another is the definition of, All of the following would be social influences on value EXCEPT, A firm agreement to perform an act, refrain from acting or make a payment or delivery is the definition of, All of the following would be considered to be economic influences on value EXCEPT, interest rateszoningunemployment ratesConsumer Price Index. A. The cost of purchase of inventory does not include a. The right of ingress and egress over the land of another person is call a: d. metes and bounds, 17. Browse over 1 million classes created by top students, professors, publishers, and experts. C. Brenda could be liable for a breach of the listing terms. Skilled and trained workers are called human capital and are paid higher wages because they bring more than their physical capacity to the task. How much will your insurance cost per month? Who has the dominant tenement in this situation? 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? 14- Value includes which of the following aspects? 9- Which California Fair Housing Law Prohibits discrimination based on sexual orientation of source of income? The cost of land typically includes the purchase price and all of the following costs except A) private driveways and parking lots. 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. He paid $100,000 for it, and made $300,000 worth of improvements. The selling agent must provide the disclosure to the seller as soon as practicable prior to presenting a purchase offer. Each of these requires significant real estate and capital investments. B. 10- Which of the following prospecting techniques do you have to use carefully because it has tended to upset people in recent years? C. Identifies buyers for other properties. C. The same amount will go towards the principal every month. In zoning, the distance from the street to the front of a house is called: If pesticide from a farm runs off into Lake Michigan, which organism in the lake's food chain would test highest for the pesticide? Special assessment for drainage system c. Private driveway and parking lot d. Assumption of any lien on the property; Answer C. Fence and parking lot are reported as a. b. What did it sell for per acre? B. Ken must obtain his own training. The date Abby receives the good faith estimate. Marxism is a set of social, political, and economic theories developed by Karl Marx that formed the basis of socialist principles. b. easement d. The Jones farm 13 miles west of Clinton, MT, c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802, 31. The costs of conversion of inventory include all of the following, except a. They are commonly broken down into four elements: land, labor, capital, and entrepreneurship. b. b. accretion A. Manufacturers within the United States, which had been in the throes of an economic recession after the financial crisis, cut back on their investments related to production due to tepid demand.