What does non-recourse financing mean?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

ISE Real Estate Finance And Investments

ISBN: 9781264892884

17th International Edition

Authors: Jeffrey Fisher William B. Brueggeman

See More Books

Question Posted: Oct 28, 2023 08:31 AM

See More Questions

Accounting for the transfer of receivables with recourse has been problematic. At issue is whether such a transaction is, in substance, a sale, in which case a gain/loss would be recognized, or a...
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
Transfer of Receivables with Recourse Gringo Corporation factors $250,000 of accounts receivable with Winkler Financing, Inc. on a with recourse basis. Winkler financing will collect the receivables....
Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills: travel and transportation 1700.00 Tuition 6000.00 Books 800.00 Elli's AGI FOR THE YEAR IS 60,000...
Why is a marketer concerned about sales potential when trying to select a target market?
Maxwell Company engaged in the following transactions involving short-term investments: a. Purchased 200 shares of Bartco stock for $12,800. b. Received a $1.60-per-share dividend on the Bartco...
CompuTech, Inc., a manufacturer of products using the latest microprocessor technology, has appointed and Performance you the manager of its Micro Technology Division. Your division has $800,000 in...
If Bob and Judy combine their savings of $1,260 and $975, respectively, and deposit this amount into an account that pays 2% annual interest, compounded monthly, what will the account balance be...
3. Explain the important roles of Enterprise Organisation and Enterprise Combination.
Name the three general methods of title assurance and briefly describe each. Which would you recommend to a friend purchasing real estate? Why?
A loan of $60,000 is due 10 years from today. The borrower wants to make annual payments at the end of each year into a sinking fund that will earn compound interest at an annual rate of 10 percent....
Mr. Caperton was the owner of a coal company that operated Harman mine. He sued Massey, which is a very large and powerful energy company. The suit was brought against Massey for a number of reasons....
Design teams should work with other companies that are in other more developed countries like Spain, France, Germany, the United Kingdom, and Italy; just to name a few. Design teams should focus on...
As a leader, it is imperative that you also be a strategic leader/thinker. As a leader, you must also be a "think big" and not a "think little" individual. A "think big" leader will look at a...
Loyalty programs are a way that companies can continue enticing repeat business from their customers - from punch cards that lead to a free sandwich to airline miles that could accumulate to a free...
A goal is something you want to achieve that is more broad, where as an objective is mores specific and is measurable (Jasper et al, 2013). An objective can be reached in a short amount of time, and...
Introduction to a specific business and organizational performance goal that you desire to achieve through leadership. Conduct research on the charismatic, transformational, contingency, and...
What organizational problems do you think will prove troublesome to Infosys? How would you use the strengths of its current organization to manage them?
You are a U.S. investor who purchased British securities for 2,000 one year ago when the British pound cost U.S. $1.50. What is your total return (based on U.S. dollars) if the value of the...
Would it make sense for your school to have a person or group whose main job is to handle customer service problems? Explain your thinking.
A firm that produces mixes for cakes, cookies, and other baked items has an incoming toll-free line for customer service calls. The manager of the customer service reps has decided to base about a...
Explain how a compensation plan could be developed to provide incentives for experienced salespeople and yet make some provision for trainees who have not yet learned the job.
Ron (78) is single and retired many years ago. during the tax year, he received a federally taxable private pension distribution of $19563. His Ohio income tax base is $55194. What is the amount of...
On January 1, 2020, Victory Co. acquired 60% of the shares of Sauce Ltd. by issuing shares valued at $1,500,000. On this date, Sauce Ltd.'s building and machinery had remaining useful lives of 10...
Anderson Co. issued a $59,335, 60-day, discounted note to National Bank. The discount rate is 7%. At maturity, assuming a 360-day year, the borrower will pay a.$60,027 b.$59,335 c.$55,182 d.$58,643

What does non-recourse financing mean?

Question:

Step by Step Answer:

The borrower is not personal...View the full answer

ISE Real Estate Finance And Investments

Students also viewed these Business questions