Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: shofmannx20 on Jul 10, 2018
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In the process leading to the sale of a home, which of the following comes first?
A)
The real estate agent simultaneously provides the potential parties to the sale a purchase contract containing the agent's best estimate of an agreeable price.
B)
An escrow agent simultaneously provides the potential parties to the sale a purchase contract containing the average value of the ask and the bid.
C)
The buyer makes an offer to purchase by providing the seller with a signed purchase contract.
D)
The seller makes an offer to sell by providing the buyer with a signed sales contract.
Question 2
An increase in which of the following would not decrease your taxable income?
A)
Federal taxes withheld from wages
B)
State and local taxes withheld from wages
C)
Personal dependency exemptions and personal deductions
D)
Adjustments to gross income
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Answer to Question 1
C
Answer to Question 2
A