Finance lease Study guides, Study notes & Summaries

What is the primary legislation governing Ontario's retail automotive sector? Correct Answer MVDA Which body or agency enforces MVDA? Correct Answer OMVIC How many people compose OMVIC's board of directors? Correct Answer 12 in total, 9 dealers and 3 consumer reps What is the "transaction fee program"? Correct Answer under the transaction fee program, dealers are required to remit $10 for each vehicle sold or leased to OMVIC. These funds are remitted annually with the dealers regist...

Functional obsolescence - Answer- Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - Answer- best indicator of value for existing properties highest and best use - Answer- the legal use for property that gives the greatest return in money and/or amenities external obsolescence - Answer- the loss in value of a property caused by factors outside the property itself principle of contribution - Answer- suggests the...

FAC3703 Specific Financial Reporting 2024 TL 201 1 E 3 SUGGESTED SOLUTION TO COMPULSORY ASSIGNMENT 01 FOR (STUDENTS REGISTERED FOR THE FIRST SEMESTER) RIDER LTD NOTES FOR THE YEAR ENDED 30 JUNE 2018 2. Profit before tax Profit before tax is stated after taking the following items into account: Expenses Finance costs (156 638 [C1] + 60 670 [C4]) Depreciation – Right-of-use asset (Note 5.1) 5. Leases 5.1 Right-of-use assets Carrying amount at the beginning of the year [C3] Deprec...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

Test Bank for Intermediate Financial Management 14e 14th Edition by Eugene F. Brigham, Phillip R. Daves. ISBN-13: 6775 Full Chapters test bank included Part I: FUNDAMENTAL CONCEPTS. 1. An Overview of Financial Management. Web Extension 1A: An Overview of Derivatives. Web Extension 1B: A Closer Look at the Stock Markets. 2. Risk and Return: Part I. Web Extension 2A: Continuous Probability Distributions. Web Extension 2B: Estimating Beta with a Financial Calculator. 3. Risk and Return: Pa...

PVL3701 Assignment 1 Semester 2 2022. Mr. Farmer owns numerous farms which he uses to produce apples and pears. In 2017, Mr. Farmer concluded several agreements in terms of which he sold 20 portions of the farms to Fruit Juice Manufacturers. Each of the agreements was subject to a suspensive condition, namely that Fruit Juice Manufacturers will obtain finance to pay the purchase price. Mr. Farmer and Fruit Juice Manufacturers agreed that should the suspensive condition not be fulfilled, th...

Personal Finance, 6e (Madura) Chapter 1 Overview of a Financial Plan 1.1 How You Benefit from Personal Finance 1) Most Americans will never be able to understand and develop a personal financial plan. Answer: FALSE Diff: 1 Question Status: Previous edition 2) The simple objective of financial planning is to make the best use of your resources to achieve your financial goals. Answer: TRUE Diff: 2 Question Status: Previous edition 3) An understanding of personal finan...

HUD Certification Questions and Answers 100% Pass Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? Find a second job Bo...

Colibri School Exam NJ 2023 Question and answer 100% solvedIn a real estate transaction the principal would BEST be described as the Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she'll loose interest...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...