Blog

The property tax has been criticized as an unfair base for financing public schools. Areas that have high property values are able to pay for better schools than areas having lower property values. Thus, there is an inequality of education opportunities that tends to perpetuate educational and social disadvantages for […]

Do you believe that the owners of properties contaminated by events that occur on another property (gasoline leakage or spills, for example) should be responsible for cleaning up their properties? Why or why not? If not, who should pay for the cleanup?

The main argument traditionally advanced in favor of zoning is that it protects property values. Do you believe this contention? If so, how does zoning protect property values? If you do not believe the contention, why not?

A medium-size city has proposed to build a “greenway” along a creek that flows through the center of the city. The city wants to clear a strip about 50 feet wide and construct a paved path for bicycles and foot traffic (walkers and joggers). Proponents claim that it would be […]

Factoring. The Jackson Company has been negotiating with the Wright Bank with the hope of finding a cheaper source of funds than their current factoring arrangements. Forecasts indicate that, on average, they will need to borrow $180,000 per month this year–which is approximately 30 percent more than they have been […]

Cost of Accounts Receivable Financing. What is the effect of the following situations on the cost of accounts receivable financing? (a) A more thorough credit check is undertaken. (b) Receivables are sold without recourse. (c) The minimum invoice amount for a credit sale is decreased. (d ) Credit standards are […]