Why would someone do a short sale?

A home goes into short sale when the homeowner realizes that they can no longer afford to keep up with their mortgage payments. Instead of waiting for the bank to foreclose on the home, the homeowner initiates the short sale …

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What is a general solicitation SEC?

A solicitation that conditions the market for an offering of securities is generally viewed as a general solicitation that is marketing the securities. Examples include: Newspaper and magazine advertisements. Unrestricted public websites. Television and radio broadcasts.

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How do you calculate profit in a monopoly?

A monopolist calculates its profit or loss by using its average cost (AC) curve to determine its production costs and then subtracting that number from total revenue (TR). Recall from previous lectures that firms use their average cost (AC) to …

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Why is utilitarianism the best ethical theory?

It is a form of consequentialism. Utilitarianism holds that the most ethical choiceethical choiceAn ethical decision is one that engenders trust, and thus indicates responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and …

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Who became the president’s eyes and ears?

Throughout Franklin D. Roosevelt’s presidency, Eleanor traveled extensively around the nation, visiting relief projects, surveying working and living conditions, and then reporting her observations to the President. She was called “the President’s eyes, ears and legs” and provided objective information …

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What are the five internal controls?

There are five interrelated components of an internal control framework: control environment, risk assessment, control activities, information and communication, and monitoring.

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What is internal control in accounting?

Internal controls are accounting and auditing processes used in a company’s finance department that ensure the integrity of financial reporting and regulatory compliance. Internal controls help companies to comply with laws and regulations, and prevent fraud.

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How do banks determine home value for Heloc?

When you apply for a HELOC, lenders typically require an appraisal to get an accurate property valuation. That’s because your home’s value—along with your mortgage balance and creditworthiness—determines whether you qualify for a HELOC, and if so, the amount you …

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What does autonomous consumption mean in economics?

Autonomous consumption is defined as the expenditures that consumers must make even when they have no disposable income. These expenses cannot be eliminated, regardless of limited personal income, and are deemed autonomous or independent as a result.

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What is meant by an efficient market?

Market efficiency refers to the degree to which market prices reflect all available, relevant information. If markets are efficient, then all information is already incorporated into prices, and so there is no way to “beat” the market because there are …

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Does short sale hurt your credit rating?

In the end, short sales are almost always damaging to your credit, but they do less harm than foreclosures or bankruptcies. A short sale might block you from a mortgage on a new home for two years or so, but …

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What is the purpose of the remittance rule?

III. The Remittance Rule. Section 1073 of the Dodd Frank Act amended the Electronic Fund Transfer Act (EFTA) to create a comprehensive new system of consumer protection for remittance transfers sent by consumers in the United States to individuals and …

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How do I edit a vendor list in QuickBooks?

To edit a vendor or customer: Go to Get paid & pay and select Vendors (Take me there) or Customers (Take me there). Select the vendor/customer’s name to open their profile. Select Edit. Make changes, then select Save.

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