Brainarium

All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - CORRECT ANSWER-D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land is the basis for the doctrine of specific performance...

Which of the following would create legally binding acceptance of a written offer? - CORRECT ANSWER-The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... - CORRECT ANSWER-Add $22,500 to the sales price of the comparable pr...

Which type of estate cannot pass by inheritance? - CORRECT ANSWERconventional life estate A conventional life estate reverts back to the grantor automatically and immediately at the death of the life tenant. There is no interest remaining for the life tenant to pass on to their heirs. Which of the following liens is/are considered a "specific lien" on real estate? deed of trust mechanic's lien real estate taxes all of the above - CORRECT ANSWER-all of the above All of these lie...

Which of the following is a tax-deductible expense resulting from home ownership? A. operating expenses B. depreciation C. mortgage interest D. energy usage - CORRECT ANSWER-C Discount points paid by a borrower to obtain a conventional mortgage loan to purchase a principal residence: A. do not increase the yield on the mortgage B. are not deductible by the borrower as interest C. are not deductible at all D. are deductible in the year paid - CORRECT ANSWER-D With regard to a real est...

When did Texas become a state? - CORRECT ANSWER-1845 When was the TEXAS constitution ratified? - CORRECT ANSWER-1876 What is policy conservatism? - CORRECT ANSWER-A state's tendency to limit the welfare benefits, deregulate business, keep taxes low, and generally place less reliance on government and more reliance on individuals and the marketplace to achieve social goals What is policy liberalism? - CORRECT ANSWER-A state's tendency to expand welfare benefits, regulate business, ad...

Hydrocarbons - CORRECT ANSWER-carbon linked only to hydrogen atoms in covenant bond Chemical Evolution - CORRECT ANSWER-formation of the first organic molecules that allowed the first forms of life on earth Functional groups - CORRECT ANSWER-reactive groups of atoms and have unique properties OH - CORRECT ANSWER-Hydroxyl: readily enter into dehydration synthesis reactions, polar C=O - CORRECT ANSWER-Carbonyl: polar COOH - CORRECT ANSWER-Carboxyl: readily enter into dehydration synthesi...

Any organism that interferes with the comfort, health, or productivity of people is considered a pest. - CORRECT ANSWER-True The first step in the control of pests is - CORRECT ANSWER-proper identification of the pest What are the three approaches to pest management? - CORRECT ANSWERprevention, suppression, eradication The chemical in the pesticide that controls the pest is called the - CORRECT ANSWER-active ingredient These pesticides are not soluble in water but are instead oil-soluble....

Name some of the factors turfgrass managers must consider when setting pest management priorities. - CORRECT ANSWER-Turfgrass management professionals must consider human safety, environmental safety, turf use(s), efficacy, and economics. Why do pest management thresholds in turf vary? - CORRECT ANSWER-Pest thresholds vary from site to site because they depend on site characteristics and uses. For example, there may be zero tolerance for pests of any sort on a gold green. On the other han...

The purpose of the Auxiliary is to assist the Coast Guard with its missions except direct law enforcement and - CORRECT ANSWER-military operations The Auxiliary Manual COMDTINST M 16790.1 9 (series) is best decribes as - CORRECT ANSWER-the policy manual for every Auxiliarist To be eligible for enrollment in the Auxiliary, an applicant must be a citizen of the United States, its territories, or possessions, and be - CORRECT ANSWER-At least 17 years of age Auxiliary communications should fl...

Product: Creating Value - CORRECT ANSWER-Marketers create value by developing a variety of offerings, including goods, services, and ideas, to satisfy customer needs Price: Capturing Value - CORRECT ANSWER-Price is everything a buyer gives up, including money, in exchange for the product or service Place: Delivering Value - CORRECT ANSWER-Marketing processes necessary to get the product to the right customer at the right time Promotion: Communicating Value - CORRECT ANSWER-Communication t...

__________: represents the "book value" of the firm's equity - CORRECT ANSWER-shareholder equity The ______________ represents a historical value of the firm's assets - CORRECT ANSWER-balance sheet The _______________ represents the current value investors place on the firm's future - CORRECT ANSWER-stock price Dividends + Shareholder equity = - CORRECT ANSWER-Net Income Sales - Cogs = - CORRECT ANSWER-Gross Profit ___________________: market value of all trading common st...

Market research links the ___ with its ____ - CORRECT ANSWER-organization; market environment Market research involves the___ - CORRECT ANSWER-specification, gathering, analysis, and interpretation of information to help management understand the environment, identify problems and opportunities, and develop and evaluate courses of marketing action Goal of marketing research: - CORRECT ANSWER-aid managers make better decisions 5/6 stages of marketing research process - CORRECT ANSWER-1. P...

4-step process that makes up "analytics" - CORRECT ANSWER-1. Asking meaningful questions 2. Acquiring relevant data 3. Analyzing the data quantitatively 4. Presenting the results 3 major categories of skills required for data science - CORRECT ANSWER-1. Hacking skills 2. Math and statistics knowledge 3. substantive expertise social network theory - CORRECT ANSWER-the mapping and measuring of relationships and flows between people, organizations, systems, and other connected know...

Empiricism - CORRECT ANSWER-Basing conclusions on systematic observations Empiricism (Philosophy) - CORRECT ANSWER-All knowledge comes from sensory experiences Theory Data Cycle - CORRECT ANSWER-Theory constructed based on observation-Generate a hypothesis from theory-Collect Data Falsifiable - CORRECT ANSWER-able to be proven wrong Parsimonious - CORRECT ANSWER-When several theories explain data equally well, the simplest is preferred. Deductive Reasoning - CORRECT ANSWER-Making conclu...

The contractor has a lump sum contract for $5 million. The actual cost is $4.6 million. The owner should a) Start a new negotiation b) Pay the contractor $5 million c) Pay the contractor $4.6 million d) Split the difference: Pay the contractor $4.8 million - CORRECT ANSWER-b) Pay the contractor $5 million In the construction industry, which legal entity is often a temporary arrangement? joint venture sole proprietorship limited liability corporation partnership - CORRECT ANSWER-Joint ...

Profit - CORRECT ANSWER-Total Revenue - Total Cost Explicit Cost - CORRECT ANSWER-require an outlay of money (paying wages to worker's) Implicit Cost - CORRECT ANSWER-do not require a cash outlay (opportunity cost of the owner's time) Accounting Profit - CORRECT ANSWER-total revenue - total explicit costs *{higher than economic profit}+ Economic Profit - CORRECT ANSWER-total revenue - total costs *(explicit + implicit)* Production Function - CORRECT ANSWER-shows the relationship b...

Gross Domestic Product (GDP) - CORRECT ANSWER-measures total income of everyone in the economy and is the market value of all final goods and services produced within a country GDP also measures - CORRECT ANSWER-total expenditure on the economy's output of goods and services income= expenditure because? - CORRECT ANSWER-every dollar a buyer spends is a dollar of income for the seller GDP examples - CORRECT ANSWER-CURRENTLY PRODUCED GOODS dvd's, beer, dry cleaning, cell phone servic...

In general, a relatively flat demand curve is more likely to be - CORRECT ANSWER-price elastic When the price of a good rises, - CORRECT ANSWER-consumer surplus decreases because some buyers will leave the market and the remaining buyers will now pay at a higher price. If a price ceiling is a binding constraint on the market - CORRECT ANSWER-the equilibrium price must be above the price ceiling. If a 2% rise in price leads to a 4% decrease in quantity demanded, then price elasticity of d...

Define chemical uniqueness: - CORRECT ANSWER-Living systems demonstrate a unique and complex molecular interaction. What are the 4 biological macromolecules? - CORRECT ANSWER--Nucleic acids -Proteins -Carbs -Lipids Are chemicals unique to all life? - CORRECT ANSWER-No, but they are distinct. Which property is considered hierarchical? - CORRECT ANSWER-Emergent properties (ex: social behavior) Define homologous - CORRECT ANSWER-Variation in properties arising from common structures. (ex:...

Protoplasmic - CORRECT ANSWER-unicellular organisms, protoplasm divided into organelles. Cellular - CORRECT ANSWER-division of labor among aggregated cells that are functionally different. Cell-tissue - CORRECT ANSWER-Aggregations of similar cells into patterns or layers, specialized for a common function. Tissue-organ - CORRECT ANSWER-Tissues combined with other types of tissue to form a structure with a more complex function than a single tissue Organ systems - CORRECT ANSWER-organs wo...