Emma Sold Her Home for $60,000 Cash and the Buyer's

question 4

Multiple Choice

Emma sold her home for $60,000 cash and the buyer's assumption of her mortgage of $210,000.Emma paid closing costs of $2,900 and a broker's commission of $13,000.What is the amount Emma realized on the sale?

• A)$17,100
• B)$20,000
• C)$254,100
• D)$257,000

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Definitions:

Interpreting Environment

Refers to the process of understanding and analyzing the surroundings or conditions in which an individual or organization operates.

Work-related Motivations

Factors that drive an individual's enthusiasm and commitment towards performing tasks and achieving goals in a professional setting.

Developmental Opportunities

Opportunities within an organization or environment that promote the growth, learning, or advancement of individuals.

Office Politics

The use of power, social networking, and other non-formal actions to gain advantage or influence decisions within an organization.