D. An exclusive listing must always be at least 30 days long. How much did Sam gain or lose on the sale? The factors of production are an important economic concept outlining the elements needed to produce a good or service for sale. 97- Buyer Randy makes an offer to purchase one of Broker Toms listings on June 15. d. 600 ft, 37. 80- Which of the following is an example of commingling? a. plottage has an increased likelihood of obesity, diabetes, and heart disease. She is probably using all but which of the following tools? 100 ft c. reliction a. to protect the buyer by showing the size of the lot Within the software industry, labor refers to the work done by project managers and developers in building the final product. B. Each of these requires significant real estate and capital investments. A. Because of their low clay content, sandy soils are often referred to as "light soils.". A Montana ranch is made up of Section 9, 10, 11 and North Half of Section 16. 70- Which of these items would be a credit to the buyer on the settlement statement? Which of the following would be the least likely place for them to obtain a loan? The continued popularity of the product meant that Zuckerberg also had to scale technology and operations. A type of subsistence agriculture in which short periods of cultivation are followed by longer periods of fallow land is called, The recent trend of U.S. prime farmland has been, Challenges facing U.S. agriculture include all of the following except, increase in number of domesticated animal varieties, One of the problems associated with the "green revolution" is that, it makes developing countries dependent on high-energy consuming imported technologies. "North American Robot Orders Fall 21% in 2008. B. How long does he have to file a complaint with the Department of Housing and Urban Development? Increasingly, technology is responsible for the difference in efficiency among firms. a. a radon level test 34- Sarah is an employee and Ken is an independent contractor at Kerns Realty. D. Their loan payments will gradually increase. The loan will be distributed to them gradually. A Fannie Mae. Which of the following is not one of those groups? c. 2 townships In some cases, all you need is a piece of land that's not currently being used. A. As such, factors of production, such as land and capital, are owned and regulated by the community as a whole under socialism. Calculate the de Broglie wavelength associated with a helium-4 atom (4.00 amu) moving at 3.0106m/s3.0\times10^6\;\mathrm{m/s}3.0106m/s. What should Alice do? Certain homeowners may qualify for a $10,000 exemption. A developer of a shopping center buys three adjoining lots for $124,000, $75,000 and $111,000 creating a single parcel worth $420,000. Which is a true statement? d. recorded plat, us government survey and metes and bounds, d. recorded plat, us government survey and metes and bounds, 18. Explain the meaning of abov Her asking price was $560,000 and the property sold for $575,000. The circular flow model of economics shows how money moves through an economy in a constant loop from producers to consumers and back again. 75- All but which of the following is NOT an AIDA feature? (d) 1.81019m1.8\times10^{-19}\;\mathrm{m}1.81019m What is the median of these indications? The metes and bounds form of land description uses: 2. a township contains how many square miles? B. B. The difference in skill levels and terminology also helps companies and entrepreneurs create corresponding disparities in pay scales. Housing and Community Development Act. It amalgamates past approaches to economic theory, such as the concept of labor as a factor of production from socialism, into a single definition. C. Jim and Amanda whisper and frown when they see the basement. b. accretion Land includes any natural resource used to produce goods and services; anything that comes from the land. 52- Which statement is true about a listing contract? The appraisal standards and qualification criteria promulgated by the boards of The Appraisal Foundation achieves legal authority by adoption, citation or implementation by, government agenciesthe U.S Congress onlyFannie Mae and Freddie MacGinnie Mae. 96- Which statement is not true about a listing contract? In conclusion, The term "permanent cropland" includes wooded plantations used to harvest fruit but excludes tree farms and true forests utilized for wood or lumber. The borrowers family in case of his or her death, B. D. Amanda smiles at Jim when she sees the whirlpool tub. b. a description of the property using metes and bounds Get started for free! The rate at which vacant space in a property or a group of properties for sale or lease has been or is expected to be successfully sold or leased over a specified period of time is the definition of a(n) __________ rate. The S 1/2 of the NW 1/4 of the SW 1/4 of section 14 is how many acres. The size of agricultural property tax exemptions varies from state to state because property taxes aren't administered at the federal level. What is the mean of the GRMs? During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. The right to construct and maintain tunnels, subways, subcellars, pipelines, sewers, etc. is the definition of _________ rights. The length of the front of a lot on the street is referred to as the lot's: By increasing crop yields we can reduce the amount of land we use for agriculture. Agricultural productivity across Sub-Saharan Africa needs to improve to reduce hunger, poverty, and the destruction of biodiversity. What does that mean? In this context,technology has a fairly broad definition and can refer to software, hardware, or a combination of both used to streamline organizational or manufacturing processes. Another example of entrepreneurship is Starbucks Corporation (SBUX). C. Payments will not be enough to retire the loan. How to Calculate with Formula, Average Collection Period Formula, How It Works, Example, Bill of Lading: Meaning, Types, Example, and Purpose, What Is a Cash Book? c. 200 acres Please remove your shoes before entering the home. B. Increasing agricultural productivity across Sub-Saharan Africa is one of the most important problems this century, Area of land needed to meet global vegetable oil demand, Area of land needed to produce one tonne of vegetable oil, Cereal yields vs. tractor inputs in agriculture, Change in calorie production as a result of climate change impacts on crop yields, Change in cereal production, yield and land use. B. D. Brenda has not violated any fiduciary duty. Our articles and data visualizations rely on work from many different people and organizations. As a result, the country became the biggest market for robots. She has worked in multiple cities covering breaking news, politics, education, and more. All of the following statements about sections as defined in the US government survey system are true EXCEPT: b. a parcel of land is 1/8 mile by 1/8 mile is 40 acres. Which form of legal land description uses measures of definite distances in indicated directions? Business Accounting 1. Again, it can take on various forms. D. Do not show the home between 10 a.m. and noon on Sundays. It must be in writing to be enforceable. b) define symbols and develop mathematical model, how does a change in each variable affect demand, Explain in details 4 different ways in which Information is Critical to an entrepreneurship, It has been said that entrepreneurship is Contextual and it will manifest differently in different countries and religion. Learn how it impacts trade. Indicate whether each item is dis c. an easement All of the following statements about sections as defined in the US government survey system are true EXCEPT: a. a section is 640 acres. A problem with the real property market is that the amount of ________ is slow to change. d. encroachment, 13. The Solow residual, also known as "total factor productivity (TFP)," measures the residual output that remains unaccounted for from the four factors of production and typically increases when technological processes or equipment are applied to production. The federal financial institutions regulatory agencies directly involved in fair lending include all of the following EXCEPT. Demand analysis in a market indicates that 15 houses per month can be sold in the market. $5,500 the first year, plus a maximum 2% increase in market value per year, B. Give a discount to families with children. d. an easement, a. the water rights reserved by a previous owner, 14. Which of the following is a legal description of a property? Land not classified as "Forest", spanning more than 0.5 hectares; with trees higher than 5 meters and a canopy cover of 5-10 percent, or trees able to reach these thresholds in situ; or with a combined cover of shrubs, bushes and trees above 10 percent. 33- Which statement is true about a loan that has a negative amortization? When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, David N. Shier, Jackie L. Butler, Ricki Lewis, Nursing Fundamentals- Medication Administrati. \text{t} & \text{4} & \text{6} & \text{8} & \text{10} & \text{12} & \text{14} & \text{16}\\ b. recorded plat In a typical cash rent lease, the tenant is obligated to pay a set price per acre or a set rate for the leased land. c. it is a document used to record the subdivision of land, 11. A. What test would determine the ground's ability to absorb water? The three methods used to legally describe land are: Why Are the Factors of Production Important to Economic Growth? 3- A property manager can refuse to rent to applicant Mike for any of the following reasons except which? The retail coffee chain needs land (prime real estate in big cities for its coffee chain), capital (large machinery to produce and dispense coffee), and labor (employees at its retail outposts for service). Sustainable agriculture encourages the use of antibiotics to prevent disease. The Uniform Commercial Code covers the sale of goods over $________. ", U.S. International Trade Commission. The area is characterized by the presence of agricultural land intended for parking serving the Fiumicino airport, located in the vicinity, along the SW slope with the Leonardo Da Vinci airport, to the SE with the A91 motorway Rome Fiumicino motorway, to the to the NW with other land and some commercial/craft activities and to the NE with a . c. the section lines must be clearly noted 18- In a transaction that involves the purchase of a business, what document functions in the same way as the deed in a personal real estate transaction? 8. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. Even small plots of land - whether rural or urban - growing fruit, vegetables or some food animals count if $1,000 or more of such products were raised and sold, or normally would have been sold, during the Census year. C. Neither Sarah nor Ken can get employer-provided health insurance. D. Their lender can profit from the difference in interest rates. d. 2.5, 28. That includes Randy Newman, who sings about his hometown.1:A nickname of a place can have the following functions except .Abuilding up identityBentertainmentCbringing pride to the localsDuniting surrounding cities2:The underlined sentence can best be replaced by .AYour trip to Los Angeles is not perfect if you miss . a. Which of the following statements is TRUE about metes and bounds? b. setback C. Real Estate Settlement and Procedures Act. They will owe a balloon payment at the end of the loan term. Which of the following best describes a plat? A lot measures 248.4 feet X 378.90 feet. [2] [3] It is generally synonymous with both farmland or cropland, as well as pasture or rangeland . Prices of properties currently on the market, C. Properties that were listed but did not sell. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Investopedia requires writers to use primary sources to support their work. 435,600 square feet 99- All exclusive listing agreements must have, C. A list of personal property included in the sale. A. b. B. 88- Sally and Dan must pay 2 points on their new $65,000 loan. Factors of production are the inputs needed for creating a good or service, and the factors of production include land, labor, entrepreneurship, and capital. Skilled and trained workers are called human capital and are paid higher wages because they bring more than their physical capacity to the task. 41- Agricultural land includes all of the following EXCEPT which? B. Pam is not liable since it was summer and the heating problem was not obvious. a. an identification of the grantor and grantee Claims that the world has only 100, 60, or even 30 years of harvests left often hit the headlines. D. Write advertisements and promotional materials with the approval of the licensee and supervising broker. As the demands of a business change over time, the relative importance of the factors of production will also change accordingly. 20- Which of the following would not be an essential component when researching the purchase of an apartment building? Agricultural land is typically land devoted to agriculture, [1] the systematic and controlled use of other forms of life particularly the rearing of livestock and production of crops to produce food for humans. Fragmentation is the use of various suppliers and manufacturers to produce a good. During this interim period, grant makes monthly rent payments and the owner accepts them. -All of the above A lot measures 316.4 X 428.90. C2H5Br(alc)+OH(alc)C2H5OH(I)+Br(alc), is first order each in ethyl bromide and hydroxide ion. d. all of the above, Arizona Real Estate "Escrow and Closing B-7", Real Estate Test National Portion B1-B9 Exam, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer. 56- Which is not a true statement about the Agency Disclosure? B. 81- Jake has decided to specialize in working with clients who purchase schools. U.S. land area covers nearly 2.3 billion acres. t46810121416T48465157626871\begin{matrix} What kind of lease does Jim have? "IFR Presents World Robotics Report 2020. D. All adjustable rate mortgages have negative amortization. For people and planet, its one of our most important problems to work on. Finally, capital refers to the cash, equipment, and other assets needed to start or grow a business. The US government survey uses all of the following EXCEPT: 1. Accounts payable (decrease). The voluntary giving of land for public use by an owner is: At the end of the term, the loan balance will be negative. 29- Which of the following is not a good direct mail technique? C. A seller can sell his or own home and owe home and owe no commission if he or she signs an exclusive agency listing. The listing agent must provide the disclosure to the seller prior to securing the listing agreement. c. in each township section 7 is south of section 6. d. there are 36 sections in a township. 1. yields at a global level following the pattern established over the past five decades will not be sufficient to meet food needs. ROI is equal to turnover multiplied by earning as a percent of sales. What is the process by which a landowner increases his property due to the accumulation of alluvial deposits washed on to his property from other properties? During an economic contraction or when they suffer losses, companies cut back on capital expenditure to ensure profits. A. Which of the following uses of pesticide can lead to ecological imbalance? Broker Alice holds an uncashed check until the offer is accepted. After the crisis, China experienced a multi-year growth cycle, and its manufacturers invested in robots to improve productivity at their facilities and meet growing market demands.