seller agrees or obliges
Q: In a sale-leaseback transaction the owner of an asset sells it and immediately leases it back from…
A: Sale-Leaseback approach: In the sale-leaseback approach, the owner of the leased asset sells it and…
Q: Which are the three general ways in which a buyer has an assurance that a title is good and…
A: A person holding title should carry all the required documents so that the person’s ownership can be…
Q: If goods that are the subject of a sales contract are lost, damaged uno fault of nith pone
A: payment responsibility refers to the obligation of an individual or entity to pay for a product or…
Q: Match the words with the term. Question 4 options: one who pays to use an asset…
A: Lease: It is an agreement between two parties where one party acquires the right to use of an asset…
Q: The amount of gain (loss) on sale and leaseback transaction is: Group of answer choices The…
A: Sales and lease back transaction refers to the transaction where an asset is sold by the seller to a…
Q: First Statement: If the words of the contract are clear and leave no doubt on the intention of the…
A: Contract is made between the parties so that there will be no confusion left to either the parties…
Q: Not yet Statement 1-IFRS 16 paragraph 100 provides that the seller-lessee shall measure the right of…
A: Ifrs 16 includes the requirements of sale and lease back transactions under paragraph 98 to 100.…
Q: For a(n) ________ lease, a lessor recognizes revenue on the sale and records the asset, ________…
A: The question is asking to identify the type of lease where a lessor recognizes revenue on the sale,…
Q: Statement 1: Liabilities are present obligations that represent both legal and constructive…
A: The liability can be legal or constructive. Current liabilities are those which are payable within…
Q: When the price of a sale with right to repurchase is unusually inadequate
A: Equitable mortgage refers to the transfer of title deed by the owner to the lender for the purpose…
Q: As a general rule, one of the elements needed to make an agreement binding is consideration. True…
A: Consideration: A promisee gives a promisor something in exchange for it. Real or personal property,…
Q: QUESTION 33 Possession (not ownership) to real property is commonly acquired by an agreement called…
A: Possession (not ownership) to real property is acquired by an agreement called lease
Q: Redeemable debentures can be described as__________ Select one: a. debenture secured by either…
A: Debentures: It is one of the types of debt instrument which is long term in nature and under which…
Q: Choose the right option All of the following statements are true about letters of intent except…
A: Letter of intent An agreement between two parties in which one party agrees to do business with the…
Q: After a sale-leaseback, The buyer-lessor record depreciation expense on the leased asset. the…
A: After a sale-leaseback transaction, the seller-lessee will not record depreciation expense on the…
Q: Which one of these statements is correct concerning leasing arrangements? I. The debt financing used…
A: 1) Incorrect: It is the debt of lessor and not the lessee. The lessor will get the title of assets…
Q: Dani signed a Cheque to F with a value of $10000 pa BLOM BANK.The cheque
A: Step 1 “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: CFD is a derivative contract. Yes or No
A: Contract for Difference are also called as CFDs.
Q: lessee
A: Lease is a financial arrangement where the right to use the asset is given by the owner to another…
Q: how can a lease fee estate have a value that can be transferred to another party?
A: Lease fee Estate: Properties held by a single individual and rented out for a specific amount of…
Q: xplicitly identified in the contract, it means that: a. the identified asset is never mentioned in…
A: When the asset is implicitly identified, this means asset is implied but is not directly expressed.…
Q: One of the following statements is false: a. If the underlying asset will not revert to the…
A: A lease is a contract which provides the right to use an asset for consideration for a specified…
Q: T/F 1. It is reserved at the moment of the perfection of the contract for if the right to…
A: Article 1616 declares "The vendor cannot use the right of repurchase without paying the purchaser…
Q: Creative negotiation techniques that establish deal structure such as offering owner financing , a…
A: Negotiation is defined as the style of discussion factors, where individuals have an effort to…
Q: 80. In which of the following instances will the sale with a right to repurchase or pacto de retro…
A: In the following instance it will be presumed as an equitable mortgage:: a.When the price of a sale…
Q: This is an arrangement in which one party sells a property to a buyer and the buyer immediately…
A: solution: Sale and leaseback is an arrangement in which one party sells a property to a buyer and…
Q: A sale and leaseback arrangement does which one of the following? Select one: O a. allows the lessor…
A: Sale and leaseback transactions: under this transaction the lessor sold the goods to the lessee and…
Q: When a buyer who bought an undivided interest in a thing, he becomes a co-owner of the thing a.…
A: Undivided interest means two or more persons possess interest in jointly and Co- owner in ownership…
Q: If the lessor has a substitution right throughout the period of use of the leased asset, which of…
A: A substantive substitution right exists if the lessor has the practical ability to substitute…
Q: Under Article 2 of the UCC, even though one or more terms are left open a contract for sale does not…
A: Under Article 2 of the UCC, even though one or more terms are left open a contract for sale does not…
Q: The contract of sale is a consensual contract. a. True b. False
A: Sales on Account A sales on account revenue is revenue earned by a company by selling its goods on…
Q: A release clause in a note and deed of trust is activated by a.the full satisfaction of the terms…
A: The release clause allows for the freeing of all or part of a property from a claim by the creditor…
Q: If a lease does not transfer control of the asset over the lease term, the lessor will generally…
A: Sales-type lease enables the renter to use an asset temporarily while accounting for it as sold…
Q: In a sale-leaseback transaction, the owner of an asset sells it and immediately leases it back from…
A: 1.
Q: A(n) is a contract for the use of an asset for a period of time without having to buy the asset. Oa.…
A: lease: lease is a contract to buy the right to use the asset for particular period of time on…
Q: What is the difference between a covenant not to compete in a contract versus a covenant not to…
A: Covenant A covenant is a formal legal agreement between two parties for doing or not doing some…
Q: Which of the following is true? B. The agent is expected to carry out an agency although its…
A: Agency is the contract entered between two parties namely agent and principal in which agent is…
Q: customer can direct the use of the asset. The asset is explicitly or implicitly identified in the…
A: Identified asset:I An asset whose fair value or market value can be calculated at particular given…
Q: 2. Which of the following statements is incorrect? An ascot
A: Answer: As per Q/A guidelines, first question has been answered. as per your request question (2)…
Q: Identify the term being referred to: An agreement where one party conveys to the another party the…
A: The question contains an agreement between two parties . One party coveys the right to use the asset…
Q: Which type of contract contingency is most likely to A O Financing contingency. BO Partner approval…
A: The right answer is option a Financing contingency
Q: Distinguish between a conditional sale, on the one hand, and an absolute sale, on the other hand
A: Sale is a transaction between buyer and seller where seller transfers his asset to buyer in exchange…
Q: A contract to sell is the same as a conditional contract of sale. Do you agree? Explain your answer.
A: A contract to sell is a contract that is legally binding and involves the purchase of products or…
True or false
1. In a contract to sell what the seller agrees or obliges himself to do is to fulfill his promise to sell the subject property when the entire amount of the purchase price is delivered to him.
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- The amount of gain (loss) on sale and leaseback transaction is: A. The difference of fair value and carrying of the underlying asset. B. The difference of the fair value of rights retained by the lessee and the carrying value of right-of use asset. C. The difference of the fair value of rights retained by the lessee and the carrying value of rights transferred to the lessor. D. The difference of the fair value of rights transferred to the lessor and carrying value of rights transferred to the lessor.What are the two things that happened in the sale-leaseback agreement?This is a legal maxim most likely similar to a sale and leaseback transaction. traditio brevi manu traditio constitutum possessorium traditio symbolica traditio longa manu
- Unless otherwise stated in the security agreement, if a debtor sells, exchanges or disposes of the collateral subject to a security agreement, the secured party_____have the right to receive the proceeds of the sale. Group of answer choices does not does24. One of the following statements is false: * a. If the underlying asset will not revert to the lessor, the residual value is simply ignored by the lessor in the computation of unearned interest income and gross profit on the sale. b. The underlying asset will remain with the lessee if the lease provides for either a purchase option that is reasonably to be exercised or transfer of title to the lessee upon the lease expiration. c. When a lessor actually sells an asset that it has been leasing, the difference between the sales price and the carrying amount of the lease receivable is recognized in profit or loss. d. The gain or loss that pertains to the right retained by the seller- lessee in a sales and leaseback transaction is not recognized.Which one of the following is true about a firm commitment? Select one: a. A firm commitment is a contract that allows both the buyer or seller an option to engage (or not) in a long-term transaction. b. A firm commitment is a transaction that has already occurred and the commitment to pay or receive payment is pending. c. A firm commitment occurs as a result of a historical relationship and there is an expected commitment to engage in a transaction in the future. d. A firm commitment is an agreement with legally enforceable terms
- In a CDS the payoff is a payment made by CDS _____ to CDS _______ and occurs when the _______ defaults buyer; seller; buyer seller; buyer; reference entity buyer; seller; reference entity seller; buyer; buyer buyer; seller; sellerWhich of the following is NOT the correct statements regarding forward contracts? I. contain a commitment to the owner, and are standardized. II. contain a commitment to the owner, and can be tailored to the desire of the owner. III. contain a right but not a commitment to the owner, and can be tailored to the desire of the owner. IV. contain a right but not a commitment to the owner, and are standardized. A. I, III, IV B. II, IV C. I, II, III D. I, II7
- What is an option? OA) A contract that is derived from some other underlying quantity, index, asset or event. B) A contract that gives the holder the right to buy or sell something at a specified price. C) A contract that gives the holder the right to sell an instrument at a pre- specified price. D) A contract that gives the holder the right to acquire an instrument at a pre- specified price.If the agreement type is NNN lease then why tenant are not paying their share of CAM, taxes and insurance expenses in this solution ? How to calculate Sale price in excel?Fill in the blanks to complete sentence. 8. ______bond ensures the repayment of the advance by the exporter in the event of the non-performance of his contractual obligations.
