agricultural land includes all of the following except which

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 B. The buyer was responsible for making the discovery, so Pam is therefore liable. 44- Jim owns a gift shop in a commercial building. 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. Why might a lender require a survey before making a loan? The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. The difference in skill levels and terminology also helps companies and entrepreneurs create corresponding disparities in pay scales. B. Which entity is responsible for monitoring state appraiser licensing and certification agencies? The other 75% came from an hourly wage paid by Tami. 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. Find a home that meets FHA requirements. \text{t} & \text{4} & \text{6} & \text{8} & \text{10} & \text{12} & \text{14} & \text{16}\\ Which of the following types of agriculture is correctly matched with the agricultural practice? a. townships It is important to distinguish personal and private capital in factors of production. limited use of pesticides, Which of the following is not a problem associated with industrial agriculture? While land is an essential component of most ventures, its importance can diminish or increase based on industry. What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? 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? Which statement is TRUE regarding this situation? 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. returns on investment is computed in the following manner. 41- Agricultural land includes all of the following EXCEPT which? Studying population trends in the area. depletion of fossil fuels 48- The public report that a developer must provide when offering subdivided lands for sale is provided by which agency? Factors of production are the inputs needed for creating a good or service, and the factors of production include land, labor, entrepreneurship, and capital. c. the section lines must be clearly noted c. recorded plat d. recorded plat, us government survey and metes and bounds, d. recorded plat, us government survey and metes and bounds, 18. 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. Which winds steer hurricanes that form in the Atlantic Ocean toward Florida? C. Recommend a counteroffer back to list price. What kind of loan do they have? Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). a. erosion Availability of multiple listing service, C. Broker-paid advertising and promotion, D. Assistance with filling out disclosures. 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. disposal of livestock wastes earnings equal sales minus the cost of sales c. highest and best use Meanwhile, a company that makes its money from building and renting out office space might see land and capital as its most valuable factors. a. erosion The cash rent lease and the crop-share lease are the two most frequently used land leases in agriculture. 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? 76- Mark believes he has been discriminated against during his home search. "Sustaining Chinas Economic Growth After the Global Financial Crisis," Pages 1-2. International Federation of Robotics. 100 ft B. C. Identifies buyers for other properties. B. Pam is not liable since it was summer and the heating problem was not obvious. C) street lights, sewers, and drainage systems cost. Which of the following uses of pesticide can lead to ecological imbalance? 37- When dealing with the sale of a business, which is not a true statement? Broker John puts $500 into his trust account. What is the purpose of a states statute of frauds? What will they have to pay at closing for the points? There are currently 180 houses for sale in this market. c. reliction a. an identification of the grantor and grantee 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? While large companies make for excellent examples, a majority of companies within the United States are small businesses started by entrepreneurs. A. Mike has changed jobs six times in the past six months. B. Agricultural land is typically land devoted to agriculture, [1] the systematic and controlled use of other forms of life particularly the rearing of livestock and production of crops to produce food for humans. Help us do this work by making a donation. The federal financial institutions regulatory agencies directly involved in fair lending include all of the following EXCEPT, The primary purpose of USPAP is to protect. HINT: Round the acreage amount to two decimal places, An appraisal report is defined as the ____________ communication of an appraisal; the document transmitted to the __________upon completion of an appraisal assignment.. c. lot, block and subdivision Along the same lines, desks and chairs used in an office are also capital. D. The monthly payments increase overtime. 78- Nancy bought her home last year for $425,000. Get started for free! It can also refer to market, industry, and business fragmentation. D. A basis of $140,000 and no taxable gain. c. a determination of the area of the property Land resources are the raw materials in the production process. Demand analysis in a market indicates that 15 houses per month can be sold in the market. -pesticides kill prey thereby causing predators to starve or migrate. Prices have been increasing at the rate of 8% per year. Their first mortgage will get paid off immediately. c. in each township section 7 is south of section 6. d. there are 36 sections in a township. Land: Includes undeveloped property, vacant land, and agricultural lands such as farms, orchards, ranches, and timberland. 39- When doing a competitive market analysis, an agent looks at all but which of the following factors? d. metes and bounds, 17. The purchase price, plus depreciation, B. How Cash Books Work, With Examples, Cost of Debt: What It Means, With Formulas to Calculate It, Cost of Equity Definition, Formula, and Example, Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It, Current Account: Definition and What Influences It, Days Payable Outstanding (DPO) Defined and How It's Calculated. The circular flow model of economics shows how money moves through an economy in a constant loop from producers to consumers and back again. For purposes of federal income tax, which statement is true? Whoever brings the buyer will get the commission. Entrepreneurship refers to the initiatives taken by entrepreneurs, who typically begin as the first workers in their firms and then gradually employ other factors of production to grow their businesses. D. Allows viewing access to strangers. Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. The four agents of production are land, ________, capital, and _____________. c. 200 acres Which of the following items can Matt not add to the original cost when doing the computation? C. The seller did not disclose the problem on a sellers disclosure form so Pam is off the hook. How much will you have to deliver to closing to cover both the down payment and the loan points? Entrepreneurship is the secret sauce that combines all the other factors of production into a product or service for the consumer market. 31- Patrick has a written independent contractor agreement with his broker Tami. Please consult our full legal disclaimer. b. recorded plat, street address, and metes and bounds Purchase of equipment. What is the median sale price? 67- Hannah is a real estate assistant. D. All adjustable rate mortgages have negative amortization. Which of the following would NOT be considered a negative easement? D. The date Abby makes the request to receive the booklet. C. Payments will not be enough to retire the loan. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests. The appraiser must avoid mentioning this structure in the report. Under no circumstances, however, is labor owned by firms. Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. a) construct an influence diagram that relates these variables Finally, capital refers to the cash, equipment, and other assets needed to start or grow a business. A facade easement is a type of_______________ easement. 70- Which of these items would be a credit to the buyer on the settlement statement? c. Lot 2 block M, Lincoln wood subdivision, missoula country, MT 59802 6. Depending on the specific circumstances, one or more factors of production might be more important than the others. Which of the following is Kirk himself not likely to do during the application process? Organisms at higher levels on food webs tend to have greater concentrations of bioaccumulated pesticide stored in their bodies through a process known as. By increasing crop yields we can reduce the amount of land we use for agriculture. 47- Which of the following duties is not a permitted activity for an unlicensed personal assistant? a. However, during periods of economic expansion, they invest in new machinery and equipment to bring new products to market. B. Which of the following types of investments has historically generated the highest return on investment? a. frontage How many owners are there? However, money is not a factor of production because it is not directly involved in producing a good or service. c. accretion What Are the Most Important Aspects of a Capitalist System? . b. A Montana ranch is made up of Section 9, 10, 11 and North Half of Section 16. b. the description is imperfect if it does not end at the point of beginning B. Pastureland. Your property, which consists of a house and lot, is valued at $244,000. 18- In a transaction that involves the purchase of a business, what document functions in the same way as the deed in a personal real estate transaction? Sustainable agriculture encourages the use of antibiotics to prevent disease. A basis of $148,000 and no taxable gain, B. In appraisal, the concept that a higher-priced property will be worth less in a lower-priced neighborhood than it would in a neighborhood of comparable properties is the definition of the principle of. B. B. Agricultural land includes all of the following EXCEPT which? C. They can make payments directly to the original lender. This is an example of. C. Payments will not be enough to retire the loan. d. mete, 23. Use these expressions to check the numerical values of the constants a0a_0a0 and E1E_1E1. 49- Agent Dan tells his buyers that the seller will leave the washer and dryer if the buyers make an offer now. The land that is least conducive to agriculture is sandy soil. Labor by an uneducated and untrained worker is typically paid at low prices. a. a radon level test A social entrepreneur is a person who pursues an innovative idea with the potential to solve a community problem. Which of these factors would result in a violation of USPAP if the appraiser based his or her appraisal fee on it? Both types of leases involve different forms of a definite rental rate. 160 acres Land includes any natural resource used to produce goods and services; anything that comes from the land. Practice Questions with no Answers for Preview, >Ch10-12 R.E. What kind of mortgage are they looking for? D. Seeking buyers for others agents listings. This practice is: 24- When talking to his investment clients, Broker Adam often to tax shelters. a. riparian Another example of entrepreneurship is Starbucks Corporation (SBUX). Practice Questions with no Answers for Preview, >CALIFORNIA REAL ESTATE PRACTICE PRELICENSE CLASS, >CALIFORNIA LEGAL ASPECTS OF REAL ESTATE PRELICENSE CLASS, >ALL Questions with Answers for ALL 3 PreLicense Classes Guides on 1 page, >CALIFORNIA Fair Housing & Fair Housing with Role-Play Activity CE CLASSES Questions with Answers, >CALIFORNIA Fair Housing & Fair Housing with Role-Play Activity CE CLASSES Questions with no Answers for Preview, >CALIFORNIA Fair Housing & Fair Housing with Role-Play Activity CE CLASSES OVERVIEW, >CALIFORNIA Ethics CE CLASS Questions with Answers, >CALIFORNIA Ethics CE CLASS Questions with no Answers for Preview, >CALIFORNIA Ethics in the Age of Disruption CE CLASS Questions with Answers, >CALIFORNIA Ethics in the Age of Disruption CE CLASS Questions with no Answers for Preview, >CALIFORNIA Ethics in the Age of Disruption CE CLASS OVERVIEW, >CALIFORNIA NAR: May The Code Be With You CE CLASS Questions with Answers, >CALIFORNIA NAR: May The Code Be With You CE CLASS Questions with no Answers for Preview, >CALIFORNIA NAR: May The Code Be With You CE CLASS OVERVIEW, >Real Estate Practice Class Questions with no Answers for Preview (ALL R.E. The Federal Reserve can influence the level of economic activity by. 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. As a factor of production, capital refers to the purchase of goods made with money in production. A. Derive an expression for the gravitational potential energy of a system consisting of Earth and a brick of mass m placed at Earths center. Practice Questions with no Answers for Preview, >Ch7-9 R.E. The loan will be distributed to them gradually. 86- Which of the following is not considered a benefit of investing in real estate? 59- Which of the following is a sellers request that an agent cannot honor? You want to insure it for 80% of value. a. redemption For example, the use of robots in manufacturing has the potential to improve productivity and output. Her asking price was $560,000 and the property sold for $575,000. "IFR Presents World Robotics Report 2020. PRACTICE QUESTIONS), >Ch1-3 R.E. 9. What does that mean? Depending on its type, an improvement may increase the value of real estate greatly. 14- Value includes which of the following aspects? B.

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