subject
Business, 05.09.2019 18:30 wickedskatboarder

"home sold for $90,000. the buyer paid $10,000 cash, assumed a recorded mortgage loan of $55,000, and created a new second mortgage in the amount of $25,000. what is the documentary stamp tax on the promissory notes? "

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
question
Business, 22.06.2019 21:10
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
You know the right answer?
"home sold for $90,000. the buyer paid $10,000 cash, assumed a recorded mortgage loan of $55,000, an...
Questions
question
Mathematics, 26.05.2021 20:50
question
Mathematics, 26.05.2021 20:50
question
History, 26.05.2021 21:00
question
Chemistry, 26.05.2021 21:00
question
Spanish, 26.05.2021 21:00
Questions on the website: 13722363