Which of the following can help speed up the idea process?
a. working harder
b. seeing new movies
c. taking breaks while working
d. intuition
ANSWER: c
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Which of the following is true of a contract with an adjudged insane person?
A) The adjudged insane person is bound by the terms of the contract. B) The contract is void. C) Only the competent party can enforce the contract. D) The competent party is legally obligated to uphold the contract.
Mary pays $25,000 and secures a mortgage note for $75,000 to purchase a vacation home. She pays $200 to her attorney for reviewing the purchase agreement and $1,500 in points to the mortgage company. Mary's initial basis in the vacation home is:
A. $- 0 -. B. $25,000. C. $26,700. D. $100,200. E. $101,700.
A REIT's equity per share is similar to a fund's NAV
Indicate whether the statement is true or false