Answer:
29 the field training officer fto
A buyer has made an earnest money deposit of $6,500 on a house selling for $112,500. A lender has agreed to lend 85% of the purchase price at 6% interest for 30 years. If the buyer's closing costs amount to $4,375, how much additional cash must the buyer bring to closing?
Answer:
$14,750
Explanation:
Since the lender has agreed to lend 85% of the purchase price, the buyer must provide 15% of the purchase price.
Purchase Price = $112,500
Cash Deposit (15%) = 15% of 112,500 =0.15 X 112,500 =$16,875
Amount to be Paid by the buyer
= Cash Deposit + Closing Cost
=$16,875 + $4,375
=$21,250
Since the buyer has made an earnest money deposit of $6,500,
The additional cash which the buyer must bring to closing
=Amount to be Paid by the buyer - Earnest Deposit
=21250 - 6500
=$14,750
Cash is a form of legal cash than can be used to trade commodities or pay debts. The value of assets can be turned into cash quickly is commonly referred to as "cash".
Given Information:-
Deposit money=$6,500Sale price=$112,500Interest rate=6%closing costs=$4,375
Since the lender has agreed to lend 85% of the purchase price, the buyer must provide 15% of the purchase price.
Purchase Price = $112,500
Cash Deposit (15%) = 15% of 112,500 =0.15 X 112,500 =$16,875
Amount to be Paid by the buyer:-
= Cash Deposit + Closing Cost
=$16,875 + $4,375
=$21,250
Since, the buyer has made an earnest money deposit of $6,500,
The additional cash which the buyer must bring to closing
=Amount to be Paid by the buyer - Earnest Deposit
=21250 - 6500
=$14,750
To know more about purchase price, refer to the link:
https://brainly.com/question/1698287
What are your final thoughts about Larry Lessig’s video and his arguments about copyright?
I believe that Larry Lessig's arguments are very important for us to understand copyright and its importance for those who own it. That's because Lessig can show us that creating something requires effort, work and dedication that are often demanded of a single person. Allowing anyone to use the work created by someone who has given so much of themselves can be cruel. In other words, through his arguments we can see that the creators have the total right to own their works and limit their destruction, since the creation of that work required so much of him / her.
How might Aristotle reply to the claim that individuals should be free to pursue their own conceptions of the good life and that participating in politics is only one life option among many? a) Participating in politics, broadly conceived as the practice of deliberation, is actually the condition for the ability to pursue one’s own conception of the good life. b) One can only achieve the good by receiving the highest honors in the city. c) Although the state should guide people’s life choices, it should not enforce any conception of the good through law. d) One should avoid participating in politics only if it detracts from one’s happiness. e) All of the above.
Answer:
Correct Answer:
e) All of the above.
Explanation:
Aristotle, as one of the greatest philosopher ever lived wrote discusses on various aspect of life. One of them was his works on good life. According to him, good life is one in which a person cultivates and exercises their rational faculties which could be engaging in scientific inquiry, philosophical discussion, artistic creation, or legislation. This is because,what separate humans from animals is the human reason to rationalize things.
Answer: A
Explanation:
legal principles applicable to execution of a will in kenya
Answer:
In testate succession, you need to file the following documents • Form P.A 78 (petition) • Form P & A 3 (affidavit) • the original will plus 2 photocopies of the will & • original death certificate. contains the prayers, if one wants to be an executor or administrator.
Explanation:
Side note: there is a PDF form on google that you can look at about this topic also.
Officer Tom is executing a validly obtained search warrant in Kathryn's home. The warrant gives him the right to search every room in the house but is limited to a search for automatic weapons and handguns. When he walks into the kitchen, he sees an open box filled with small plastic bags containing small pills. A closer inspection reveals that the pills are ecstasy, an illegal narcotic. May Officer Tom seize the drugs even though the warrant did not include a search for drugs. Would the drugs be admissible in court?
Answer:
Drugs would not be admissible in court.
Explanation:
A warrant is a document that authorizes a bailiff to perform certain actions on behalf of the local court. In short, so that the police of a city can make searches in a house, arrest and confiscate objects, things and people, there must be a specific warrant that authorizes the situation, otherwise the police act against the law and have their activity disregarded. .
In the case shown in the question above, we can see that there was a warrant that made it possible to search all rooms in Kathryn's house, but it is limited to a search for automatic weapons and firearms. In this case, even if the police find illegal substances, he cannot arrest them, as he does not have this authorization. If he arrested the substances, they would be disregarded in court.