Don't give answer in image Grades3Which of the following is a requirement that leased premises be fit for ordinary residentialpurposes?O Warranty of residenceO Contract of residenceO Covenant of quiet enjoymentO Agreement of acceptabilityO Implied warranty of habitability

Warranty of residence - This option is incorrect because "warranty of residence" isn't a recognized…

Answered: Grades 3 Which of the following is a…

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter7: Deductions And Losses: Certain Business Expenses And Losses

Section: Chapter Questions

Problem 25CE

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Exercise Content Please provide a brief answer to each of the following questions: 1. What is the warranty of merchantability? 2. What is the warranty of fitness for a particular purpose? 3. What is a disclaimer? 4. What are the different ways in which personal property can be obtained? 5. What is abandonment? 6. What is a bailment?
Are the following assets real or financial?a.Patentsb.Lease obligationsc.Customer goodwilld.A college educatione.A $5 bill
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Valuation is applied to this specific object sothat a proper computation of rental chargescan be made. a. Real Propertyb. Debt Instrumentsc. Donations and giftsd. Inheritance
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MI U. Sanquilatie en is best describes... An equitable lien is best describes by which of the following statements? 44,362 Multiple Choice It is a claim to property by a real estate broker to secure payment of a commission. It is a claim on property either created by a sales contract or imposed by a court in the interest of fairness. It is the lien of a judgment creditor that arises when a motion for a new trial has been denied. It is a claim to property by implication of the law rather than statute. MAR
Answer to following multiple choice questions? 6. Murabaha is a ___________ based contract. a. Agency b. Partnership c. Rental d. Sale 7. Which of the following is not a correct statement about the lease rentals? a. It should be fixed for the entire lease period b. Fixing is not allowed in any case () c. It can be tied up to a known benchmark acceptable to both the parties d. It can be fixed on periodic basis but periodic increment should be agreed upon 8. Two or more persons are the joint owners of an asset and they have no intention of the business based on this partnership. This type of shirkat is called a. Shirkat-ul-Mufawada b. Shirkat-ul-Amwal c. Shirkat-ul-Aamal d. Shirkat-ul-Inan e. Shirkat-ul-Wujooh f. Shirkat-ul-Milk 9. When is the title of the asset transferred in Ijarah (Al-Muntahiyah Bit Tamleek) to the client? a. At the end of lease if client…
The requirement of a real estate property manager to act in the best interests of the landlord when dealing with a tenant is termed: O Due process O An implied responsibility of the employment contract O An associate responsibility O A fiduciary responsibility
Which of the following statements is correct about perils in property insurance policies? An (HO-2) form provides coverage for more perils than a (HO-3) Form. a Peril is defined as the cause of a loss A peril increases the chance of a loss a property insurance policy must contain a list of all cover perils
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determining whether a contract is or contains a lease? 1. Which of the following is not one of the criteria when c. Right to obtain substantially all of the economic benefits from use of an identified asset throughout the period of 'identified' if it is implicitly specified in the contract. C. the customer shall not account for the contract as a lease if a. the customer shall not account for the contract as a lease. b. the customer shall account for the contract as a lease. d. the customer shall account for the contract as a lease if that it has the right to direct the use of the asset. PROBLEM 2: MULTIPLE CHOICE - THEORY a. Identified asset b. Identified liability from use of an identified asset throughout the period of d. Right to direct the use of the identified asset throughout the period of use use 2. Which of the following statements is incorrect? a. An asset can be 'identified' if it is implicitly specified at the time it is made available for use by the lessee. b. In a lease…

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Grades 3 Which of the following is a requirement that leased premises be fit for ordinary residential purposes? O Warranty of residence O Contract of residence O Covenant of quiet enjoyment O Agreement of acceptability O Implied warranty of habitability