The Phrase "As Is" When Used in Real Estate Contracts

question 80

Multiple Choice

The phrase "as is" when used in real estate contracts means the buyer is accepting the property without

• A) a survey.
• B) a title report.
• C) new financing.
• D) warranty as to physical condition.

Understand the methods for resolving value conflicts and promoting ethical behavior in organizations.

Understand the challenges parents face today in instilling values and character in children.

Recognize the impact of generational influences on values and ethics.

Identify ethical challenges in international and domestic business scenarios.

---

Definitions:

Internal Rate of Return (IRR)

The Internal Rate of Return (IRR) is the rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equals zero, used as a benchmark to decide the profitability of an investment.

Net Present Value (NPV)

NPV is a financial metric used in capital budgeting to assess the profitability of an investment or project, calculated as the difference between the present value of cash inflows and outflows.

Capital Budgeting

The process by which investors or company management evaluate and select long-term investments that are likely to yield positive returns.

Long-Term Effects

The lasting outcomes or impacts that result from a specific action or event, considered over an extended period of time.