The return on a 10 percent coupon bond that initially sells for $1,000 and sells for $900 one year later is?

Answer:

Explanation:

                                    The Carla Boat Company

                                     Bank Reconciliation Statement

                                     as at 30th November

Balance as per bank balance                                          $8,500

Add:  Uncredited payment                                              $6,480

Add:   Bank Charges                                                         $50

Add:  Returned Chq                                                           $700

Less:  Outstanding Chqs                                                  ($6,260)

Less:   Note received                                                         ($3,880)

Less: transposition error on payment                             ($54)

Balance as per cash book                                                 $5,536

Journal entries for transactions:

1. Debit : Bank Charges Expenses                         $50

  Credit: Bank Account                                            $50

Being bank charges expenses for the month of Nov

2. Debit: Cash in bank                                           $54

    Credit: Account Payable                                   $54

Being transposition error on Check No 138

3. Debit: Account payable                                      $700

   Credit: Bank Account                                           $700

Being NSF check returned

4. Debit: Bank Account                                           $3,880

   Credit: Notes Receivable                                   $3,748

    Credit: Interest on investment                          $132

Being note receivable and accrued int

To prepare a bank reconciliation for the Carla Vista Boat Company at November 30, start with the balance per bank, consider items not yet recorded in the bank statement and items recorded on the company's books but not yet cleared the bank. Adjust the balance per bank based on these items and compare it to the Cash account balance in the general ledger. Make adjusting entries to reflect the correct balances.

To prepare a bank reconciliation for the Carla Vista Boat Company at November 30, we need to compare the company's Cash account balance in the general ledger with the balance per the bank statement.

Starting with the balance per bank, which is $8,500, we need to take into consideration the items that are not yet recorded in the bank statement. These items include the cash receipts for November 30 ($6,480) that were not yet recorded. So, we add $6,480 to the balance per bank, giving us a corrected balance of $14,980.

We also need to consider the items that have been recorded on the company's books but have not yet cleared the bank. This includes the total amount of checks still outstanding ($6,260). So, we subtract $6,260 from the corrected balance, resulting in a adjusted balance per bank of $8,720.

Now, let's compare this adjusted balance per bank with the balance in the company's Cash account in the general ledger. The Cash account balance is $5,536.

To reconcile the difference, we need to consider the items that have been recorded on the company's books but have not yet cleared the bank. One of these items is Check No. 138, which was recorded as $560 in the company's Cash account but cleared the bank for $506. So, we subtract the difference of $54 from the Cash account balance, giving us a reconciled balance of $5,482.

We also need to consider the payment to Sunland Company, which was recorded for $368 but should have been $386 according to the accounts payable subsidiary ledger. So, we subtract the difference of $18 from the Cash account balance, resulting in a reconciled balance of $5,464.

Finally, we need to consider the debit memorandum for $50 for check printing charges. This charge is not yet recorded in the company's Cash account, so we subtract $50 from the reconciled balance, giving us a final adjusted balance of $5,414.

In summary, the bank reconciliation for the Carla Vista Boat Company at November 30 shows an adjusted balance per bank of $5,414, which is the reconciled balance between the balance per bank and the Cash account balance in the general ledger.

As for the adjusting entries necessary as a result of the bank reconciliation, we need to record the cash receipts for November 30 ($6,480) and the check printing charges ($50) in the Cash account. These will increase the Cash account balance by $6,530. We also need to adjust the payment to Sunland Company to the correct amount of $386, increasing the Cash account balance by $18. Therefore, the total adjustment to the Cash account is $6,548.

Final answer:

To advise Julie on the best retirement benefit option, we calculate the present value of both options assuming an 11% return. The first option's present value is simply the lump sum of $150,000. For the second option, we calculate the present value of the annuity using the annuity formula and add it to the discounted present value of the future lump sum.

Explanation:

To determine which retirement benefit option is more favorable for Julie, we need to calculate the present value of both options, assuming an investment return of 11%. The present value of an annuity formula is used to calculate the value of a series of future payments in today's dollars, which is given by the formula: PV = P * [1 - (1 + r)^{-n}] / r, where PV is the present value, P is the payment per period, r is the interest rate per period, and n is the number of periods.

Option 1: Lump Sum Payment

The first option offers a lump sum of $150,000 immediately, so the present value of this option is simply $150,000, as no calculations are necessary for a single lump sum already in today's dollars.

Option 2: Annuity Plus Lump Sum

The second option is an annuity of $14,000 per year for 20 years and a separate lump sum of $60,000 at the end of 20 years. To find the present value of the annual payments, we use the present value of annuity formula:

Present Value of Annuity = $14,000 * [1 - (1 + 0.11)^{-20}] / 0.11

We also calculate the present value of the $60,000 lump sum to be received at the end of 20 years by discounting it back to its present value using the formula:

Present Value of Lump Sum = $60,000 / (1 + 0.11)^{20}

By adding these two present values together, we obtain the total present value for the second option.

Once the present values of both options are calculated, Julie can compare the two and choose the option with the higher present value, meaning the most beneficial option when taking into account the time value of money.

If Julie can invest money at 11%, she should choose the option that offers her the highest present value as that would represent the greater amount of money in today's dollars.

Answer: c. The agents would have been required to obtain a warrant

Explanation: The decision determined that a person’s cell phone contains more information than a person’s house does. A person therefore has a "reasonable expectation of privacy" for the contents in their phone and police should not be able to search an arrestees cell phone without voluntary consent or a valid search warrant. Police are required to have a warrant to search a person’s cell phone even after a valid arrest... So it is very feasible that the agents to search the employees phone would have been asked to get a warranty which they possibly did to have been able to assess such information.

Federal agents would have needed a warrant to access Stewart Parnell's e-mails (option c), because the Fourth Amendment protects individuals' privacy and typically requires a warrant based on probable cause.

The correct answer to the question about Stewart Parnell, the former CEO of the Peanut Corporation of America, and federal agents' access to his e-mails is option c. The agents would have been required to obtain a warrant before accessing the e-mails.

This is because, under the Fourth Amendment, individuals have a right to privacy, and accessing private communications typically requires law enforcement to obtain a warrant based on probable cause.

Option a is incorrect because, although there may be circumstances where employee e-mails are not considered private, generally, a warrant is still needed to access electronic communications. Option d is also incorrect because Mr. Parnell's Fifth Amendment rights, which protect against self-incrimination, do not directly protect the content of his e-mails from being used as evidence, especially if there was a warrant to collect them.

Answer:

$9,090.91

Explanation:

The computation of today price is shown below:

Present value = One time payment × (1 + interest rate)^ number of years

                       = $10,000 × (1 + 0.10)^1

                       = $10,000 × 0.909090

                       = $9,090.91

Simply we determine the discount factor and then multiplied it with the one time payment so that estimated value can come

Answer:

forgo interest = $30

interest = $75

Explanation:

given data

annual interest = 2%

current balance = $4,500

borrow = $1,500

annual interest rate = 5 percent

to find out

how much interest would she forgo and how much will she pay in interest

solution

first we get here Forgo interest that is here

forgo interest = withdrawal amount × interest rate ..........................1

put here value we get

forgo interest = $1500 × 2%

forgo interest = $30

and

now w get here pay in interest that is

interest = amount borrow × interest rate ..........................2

put here value we get

interest = $1500 × 5%

interest = $75

Jamie would forgo $30 in interest earnings if she were to use her savings for her trip. Instead, if she borrows $1,500 at a 5% interest rate, she would end up paying $75 in interest on the loan.

a. If Jamie were to withdraw the $1,500 from her savings account to finance the trip, her savings account balance would decrease by that amount and the interest earned would also decrease. To calculate how much interest she would forgo, you use the formula of the principal amount times the interest rate. So, $1,500 * 0.02 (2% as a decimal) = $30. Therefore, Jamie would forgo $30 in interest earnings.

b. If Jamie borrows the $1,500, she will have to pay interest on this amount. The annual interest rate on the loan is 5%. So, $1,500 * 0.05 (5% as a decimal) = $75. Thus, Jamie will pay $75 in interest on the loan.

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Answer:

A. Joint Interoperability Test Command (JITC)

Explanation:

The Joint Interoperability Test Command (JITC) is a wing of the United States Department of Defense that tests and certifies information technology products for military use. JITC provides risk based Test, Evaluation & Certification services, tools, and environments to ensure Joint War-fighting IT capabilities are interoperable and support mission needs.

Answer:

Present value (P) = $9,600

Number of years (n) = 12 years

Interest rate (r) = 4% = 0.04

Future value (FV) = ?

FV = P(1 + r)n

FV = $9,600(1 + 0.04)12

FV = $9,600(1.04)12

FV = $9,600 x 1.6010

FV = $15,370

Explanation:

In this case, there is need to compound the security deposit of $9,600 for 12 years at 4% interest rate per annum. The formula for future value of a lump sum(Single investment) is applied.

Liam will receive $14,208 at the time the lease expires.

To calculate the amount Liam will receive at the time the lease expires, we need to calculate the interest earned on the security deposit. The interest is compounded at a rate of 4% per year. Using the formula for compound interest, we can calculate the amount:

Amount = Principal + Principal × Interest Rate × Time

Amount = $9,600 + $9,600 × 0.04 × 12

Amount = $9,600 + $4,608 = $14,208

Therefore, Liam will receive $14,208 at the time the lease expires.

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Answer:

The correct answers are letters "A" and "B": A person who provides advice to people who are investing in antique furniture; A person who provides advice to people who are investing in coin collections.

Explanation:

The Investment Advisers Act of 1940 is a set of laws that establishes the boundaries for the activities of investment advisers. This act was originally written by the Securities and Exchange Commission (SEC) and provides the legal limitations for people who advise individuals or companies regarding securities.

In that case, people who advise purchases or antique furniture or coin collections do not fall under this category.

Under the Investment Advisers Act of 1940, persons who provide advice on non-securities, such as antique furniture (A) and coin collections (B), are typically not required to register as investment advisers.

The individuals who are not required to register as investment advisers under the Investment Advisers Act of 1940 include those who provide advice on non-securities investments. Based on the given options:

(A) A person who provides advice to people who are investing in antique furniture.

(B) A person who provides advice to people who are investing in coin collections.

(C) A person who provides advice to insurance companies on their portfolios. This could be considered as requiring registration since insurance companies often invest in securities.

(D) A person who provides advice to people who are investing in companies registered under the Investment Company Act of 1940. This person would likely need to be registered as they are advising on securities.

Therefore, options (A) and (B) are typically not required to be registered as investment advisers since antique furniture and coin collections are generally not considered securities.

Answer:

a. 5%

b. $68,750

Explanation:

The computation is shown below:

a. The double-declining balance rate would be

= One ÷ estimated useful life

= 1 ÷ 40 years

= 0.025 or 2.5%

Now the rate is double So, 5%

b. In year 1, the original cost is $1,375,000, so the depreciation is $after applying the 5% depreciation rate is $68,750

In mathematically, it would be

= $1,375,000 × 5%

= $68,750

The double-declining-balance rate for a building with an estimated useful life of 40 years is 5%. The double-declining-balance depreciation for the first year for a building acquired for $1,375,000 would be $68,750.

To answer your question, we need to firstly calculate the double-declining-balance rate. This is determined by dividing 1 by the estimated useful life of the asset and then doubling the result. So, for a 40-year life, the rate would be (1/40) * 2 = 0.05 or 5%.

For the double-declining-balance depreciation in the first year, you would multiply the initial cost of the asset by the double-declining-balance rate. In this case, $1,375,000 * 0.05 = $68,750 is the depreciation for the first year.

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Answer:

$0 and $0

Explanation:

Since the cash distribution is $30,000 and the Prabhakar outside basis in the partnership is $35,000 which reduced his basis by $5,000 ($35,000 - $30,000)

The Prabhakar outside basis in the partnership i.e $35,000 is more than the cash distribution i.e $30,000 which results in no gain and no outside basis in the partnership.

Answer:

Effective accounting tax rate =  17.61%

Explanation:

given data

Pre Tax book income = $1,026,000

Reserve for warranties = $101,300

Tax depreciation = $206,500

Deduction inform of dividends received = $55,200

to find out

accounting effective tax rate

solution

we assume here tax rate is 21 %

So Taxable income will be here as  

Taxable income = [ $1,026,000 + $101,300 ] - [ $206,500 + $55,200 ]

Taxable income = $1,127,300 - $261,700

Taxable income = $865,600

Tax @21% = $865,600 × 21%

Tax  = $181,776

Effective accounting tax rate will be

Effective accounting tax rate = [tex]\frac{181776}{1026000}[/tex]  

Effective accounting tax rate =  17.61%

Answer:

Consider the following explanation

Explanation:

1. Option C.

Structural unemployment is a type of unemployment which occurs naturally when the economy shifts in time.

This forces certain job skills to become obsolete, due to which mismatch of skills and the jobs available in the economy.

Many workers are also laid off as their jobs no longer match their current skills.

2. Option D.

A laffer curve is a curve which shows a relationship between the taxes imposed within an economy and the tax revenues collected from the imposed taxes.

Above the optimal tax rate, a reduction in tax rates along the downward sloping portion of the laffer curve would increase the tax revenue's.

Answer:

C

Explanation:

Measures concentration by adding market shares squared

Answer:

Option D

Explanation:

Because it is not one of the key assumption underlying ppf

Answer:

Future value of amount will be $354182.711

So option (C) will be the correct option

Explanation:

We have given present value [tex]P=$1800[/tex]

Rate of interest r = 18 %

Time t = 30 years

As interest is paid quarterly so

Rate of interest [tex]r=\frac{18}{4}=4.5%[/tex]

And time period = 30×4 = 120

Future value is given by [tex]A=P(1+\frac{r}{100})^n=1800\times (1+\frac{4.5}{100})^{120}=1800\times 196.768=$354182.711[/tex]

So future value of amount will be $354182.711

So option (C) will be the correct option

Answer:

D automobiles

Explanation:

In economic theory, a durable good is defined as that product (or service) that once acquired can be used a large number of times over time. Durable goods are those reusable goods and, although they may end up being spent, they are not consumed quickly as non-durable goods.  It is argued that durable goods are those that provide the consumer with a flow of service for a relatively long time, such as automobiles, furniture, homes, etc.  It is not necessary that a durable good be luxurious, for example an armchair is a durable good.  On the other hand, non-durable goods are depleted or consumed completely in the act of satisfying a need, such as food, water or electricity. It should be noted that one of the fundamental characteristics of durable goods is that they are bought today, while the flow of their services extends over time and that the benefits they yield in a period are proportional to the number of units that are removed from the stock, characteristics that resemble it with the investment in productive capital and is defined as a good that is consumed immediately, with a use or a life time of less than 3 years.

Final answer:

The correct answer is D. automobiles. Durable goods such as automobiles fluctuate more in sales compared to nondurables due to changes in economic conditions, while nondurable goods like food and medicine are necessities with more stable sales patterns.

Explanation:

Durable goods such as automobiles, furniture, and appliances will fluctuate more widely in sales over a business cycle than nondurables such as food and medicine which are necessities. In this context, the correct answer is D. automobiles.

When discussing consumers, goods & services, we refer to economic products that are transferable and useful to individuals or entities. As consumers, we purchase these products to fulfill our needs. Consumer goods are intended for individual use and are classified into durable goods, like automobiles, and nondurable goods, such as food products and gasoline. Durable goods tend to experience larger fluctuations in sales during the business cycle, affected significantly by changes in economic conditions like disposable income and consumer confidence.

Answer: (C) Resource scarcity

Explanation:

 The resource scarcity is one of the basic economical problem that cause decreasing in the various types of natural resources and various types of basic requirements.

According to the question, the resource scarcity is one of the environmental characteristics and it occur when the demand exceeds as compared to the basic supply and specific requirement. When the consumption are get increased to the basic usage of the requirement.      

 Therefore, Option (C) is correct.

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $292,500        

       To Common Stock $78,000        (78,000 × $1)

       To  Additional Paid-in Capital in excess of par - Common Stock $214,500

(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)

2. Cash A/c Dr $260,000  (2,500 shares × $104)

       To Preferred stock $250,000       (2,500 shares × $100)

        To  Additional Paid-in Capital in excess of par - Preferred Stock $10,000

(Being the issue of the stock is recorded and the balance remaining is credited to the additional paid-in capital account)

3. Treasury stock A/c Dr $7,100

         To Cash A/c $7,100

(Being the treasury stock is purchased for cash)

Answer:

$ 10,000 USD

Explanation:

Insurance companies are obliged to report to the federal government through form 8300 about transactions that exceed $ 10,000 or even transactions of a lower value that for some reason arouse the impression of suspicious activity; since criminals are normally aware of this rule and try to avoid the law as much as possible. This arrangement has been proposed by the government to control illicit activity and to comply with the anti money laundering program.

When a customer uses a fake ID during an insurance transaction, the agent has to file a Suspicious Activity Report under the law. The minimum amount involved in the transaction depends on the specifics of the case.

When a customer tries to use a fake ID during an insurance transaction, it is considered suspicious activity. In such cases, the agent is required to file a Suspicious Activity Report under the law. The minimum amount involved in the transaction may vary, but it is generally assumed that some degree of financial fraud is involved. The specific amount cannot be determined without additional information about the transaction.

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Answer:

B. increase; stay the same; stay the same

Explanation:

Bank reserves are compulsory deposits by the banks that they are required to not loan out( they are kept in the vault). Therefore, when a local bank decides to convert some of its U.S. Treasury securities into cash, this is an increase in assets. Since the cash is held in its vault, reserves will increase, liabilities will not be affected and owner’s equity will also not be affected. Therefore, the correct answer is B.

Answer:

The correct answer is $2,444.6 billion

Explanation:

FCFE= FCF+ Increase in debt- Interest (1-t)

        =  $205+$25-$22( 1-0.35)

        =$215.7

Market Value = [(215.7)1.02)]/ [11%-2%]

                      =$2,444.6

Assuming a single period growth rate of 2%,

the forecasted FCFE =$215.7(1+0.02)

                                  =$220.01 billion

Although this is not available in the options provided ,$220.01 billion is the correct answer.

Final answer:

The market value of the firm is calculated using the FCFE model, considering the given FCFF, net debt issued, interest expenses after taxes, cost of equity, and growth rate. The resulting market value of the firm is $2,397 million.

Explanation:

To calculate the market value of the firm using the Free Cash Flow to Equity (FCFE) model, we first need to find the FCFE. The FCFE can be calculated by taking the Free Cash Flow to the Firm (FCFF), adding any net debt issued, and then subtracting interest expenses after taxes. We are given that the FCFF is $205 million, net debt issued is $25 million, and the interest expense is $22 million. Taking the tax rate of 35% into account, the after-tax interest expense is $22 million ( 1 - 0.35) = $14.3 million.

The FCFE is therefore $205 million + $25 million - $14.3 million = $215.7 million. Now, to find the market value of equity, we would use the Gordon Growth Model, also known as the perpetuity formula: Market Value of Equity = FCFE ( Cost of Equity - Growth Rate). Plugging in our numbers: Market Value of Equity = $215.7 million ( 0.11 - 0.02) = $2,397 million.

Therefore, the market value of the firm is $2,397 million, which corresponds to option b.

Answer:

$62,590

Explanation:

The computation of the delivered cost of the purchases made is shown below:

= Balance in purchase account + freight in charges - purchase return and allowance

= $63,895 + $2,975 - $4,280

= $62,590

We simply added the freight in charges and deduct the purchase return and allowances to the purchase balance so that the correct amount can come

Final answer:

The delivered cost of the purchases made by Beverly Hills Clothiers during June is $62,590, calculated by adding purchases of $63,895 to freight costs of $2,975 and subtracting returns and allowances of $4,280.

Explanation:

The student asked about calculating the delivered cost of purchases made during June by Beverly Hills Clothiers. To find this value, we utilize the information provided from the general ledger: the balance in the Purchases account, the Freight In account, and the Purchases Returns and Allowances account.

To calculate the delivered cost of the purchases, we must add the cost of purchases to the cost of freight and subtract any returns and allowances. The formula for this calculation is as follows:

Delivered Cost of Purchases = Purchases + Freight In - Purchases Returns and Allowances

Using the given balances:
Purchases: $63,895

Freight In: $2,975

Purchases Returns and Allowances: $4,280

Delivered Cost = $63,895 + $2,975 - $4,280 = $62,590

Therefore, the delivered cost of the purchases made by Beverly Hills Clothiers for June is $62,590.

Answer:

The product owner should say:

The team will need about 3 Sprints more to complete the product release.

Explanation:

As given the team's average velocity in the past 3 Sprints has been 65 points and best sprint among three was 85 points. There were 140 story points worth of work in the project.

So, if the team keep such a performance then,

three sprints can get = 3 x 65 points

Three sprints can get = 195 points

So, the team will need about 3 sprints more to complete the product release.

Answer:

Letter a is correct. Audience analysis.

Explanation:

Audience analysis is the preparation stage for a presentation, and is relevant for audience evaluation and definition so that communication is appropriately addressed to them.

Audience definition is important for the direction of the presentation, so you can create an engaging presentation that will create the intended understanding of the presenter and positively impact the audience. For this it is necessary to know some characteristics of the public, such as age group, level of knowledge of the subject, interest, culture and others, in order to trace the ideal profile and the direction to occur effectively.

Answer:

In which of the following situations would each of the members be responsible for producing an equal share of the total amount of output sold by the cartel engaged in joint profit maximization?

When marginal costs of production are the same for each of the members of the cartel.

Explanation:

D

Answer:

D

Explanation:

Using a budget for monitoring and controlling

Company looks at its expenses and finds that its payments to freelancers increased significantly over the past few months, exceeding the budget by 25 percent. This is an example of using a budget for monitoring and controlling. The correct option is (D).

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future spending and saving in addition to anticipated income and expenses.

For each fiscal year, a budget can be created and filled with data on projected sales and cost values. This allows you to predict how the upcoming accounting period will probably end.

The business's actual performance can be compared to this suggested plan.

Therefore, Company looks at its expenses and finds that its payments to freelancers increased significantly over the past few months, exceeding the budget by 25 percent. This is an example of using a budget for monitoring and controlling.

To know more about the Budget, visit:

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Answer:Answer The business sector (b)The policy option is the fiscal policy

Explanation:

Recession can be defined as a state of economic declines in a country which in turn lead to decline in the GDP of a country as well as increase in the rate of unemployment in the country. It is a period of slow business activities in the country which can last for period of six months or a year depending on the quick response of the handlers of the economy to quickly put the situation under control. It is a period of slow growth in the economy. In a period of recession, the business sector experience lack of credit facility which arise due to the inability of the banking sector of the economy to lend to the business sector.. during these period there is a decrease in consumer spending, in the sense that, the demand for goods and services by the households will reduced drastically as a result of the reduction in the purchasing power of the people.

However, with a view to bring the economy under control, the policy option to be adopted is the fiscal policy in which the government can increase their spending on the economy, The fiscal policy also includes the reduction of the income tax as a way of increasing the purchasing power of the people. In addition, The banking sector will also be encouraged to start lending to the business sector as a way of boosting the economy and bring back the economy to the path of growth.

Answer:

a.$33,600

Explanation:

The computation of the income from operations is shown below:

= Sales - costs of goods sold - direct operating expense

= $108,000 - $47,200 - $27,200

= $33,600

We simply deduct the direct operating expense and the costs of goods sold from the sales revenue so that the correct amount can come

All other information which is given is not relevant. Hence, ignored it

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Answer:The Fair Housing Act

Explanation:

The Fair Housing Act governs the actions of real estate agents, whether agents agree or not. Some agents openly try to defy the Fair Housing Act, either because they don't understand it or they don't agree with it, neither of which is an excuse. To understand a real estate agent's scope of duties and what an agent can and cannot do for you, look first to federal and state regulations.

Real Estate Regulators

Here are a few of the entities that govern or affect a real estate agent's actions:

Federal Fair Housing Act

State Real Estate Laws

National Association of REALTORS Code of Ethics

Employing Broker's Guidelines

Lawsuits

The Fair Housing Act is easy for agents to overlook, yet it is essential to an agent's practice. The Fair Housing Act was created and made law to prevent discrimination. The Civil Rights Act of 1968 contained the Fair Housing Act legislation, which was later modified by the Fair Housing Amendments Act of 1988. There are seven classes protected by the Federal Fair Housing Act. They are:

Race

Color

Religion

National Origin

Sex

Handicap

Familial Status