Three of the Most Common Tools of Financial Analysis Are

question 113

Short Answer

Three of the most common tools of financial analysis are (1) ________, (2) ________, and (3)________.

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Definitions:

Consideration

The value, often monetary, promised in a contract to be exchanged between the parties involved, a fundamental requirement for a contract to be legally binding.

Nonconforming Use

A land-use situation where a property is utilized in a manner that does not comply with the current zoning laws, but has been allowed because it predated zoning regulations.

Zoning Ordinances

Laws regulating the use of land and buildings within specific areas to control and direct property development.

Assumes the Mortgage

The process by which a buyer takes over the seller's mortgage as part of the terms of purchasing a home.