Ask Question
BusinessBusiness
4 July, 15:45

An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the seller property is referred to as

+3
Answers (1)
  1. 4 July, 16:07
    0
    self financing

    Explanation:

    self-financing is an arrangement of taking care of mortgage by the seller instead of by finance institution. In this arrangement mutual understanding is set up between the buyer and seller on mortgage. some amount of money is set aside as down payment by the buyer to the purchaser and the desired installment has made for further deposition of loan.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the seller ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What factors determine whether a species can be present in a place.
Answers (1)
Which of the following is correct? Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital. Third World countries are rich in human capital.
Answers (1)
Buys a pair of soccor socks for 8.58 and seveal pairs of socer socks 4.29 per pair if she spends 25.74 before taxes how many pairs of socks does she buy
Answers (1)
What is the minimum number of activities of daily living (adl) an insured must be unable to perform to qualify for long term care benefits?
Answers (2)
Suppose that Ariana consumes two goods, coffee and textbooks. Both are normal goods. Suppose the price of textbooks decreases, while the price of coffee remains unchanged.
Answers (1)
New Questions in Business
This is a type of individual retirement account that is usually not taxed when money is withdrawn from the account
Answers (1)
Last year, Goran had $30,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year.
Answers (1)
A function that indicates the maximum output per unit of time that a firm can produce, for every combination of inputs with a given technology, is called A. a production possibility curve. B. a production function. C. an isocost function. D.
Answers (1)
Guardrails should be installed along all open sides and ends of scaffolding before use. A. False B. True
Answers (1)
A fire destroys all of the merchandise of Coronado Company on February 10, 2017. Presented below is information compiled up to the date of the fire: Inventory, January 1, 2017 $423,300 Sales revenue to February 10, 2017 1,924,500 Purchases to
Answers (1)
Home » Business » An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the seller property is referred to as
Sign Up Forgot Password?