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Semenov [28]
2 years ago
12

Broker Joe has a listing for a distressed seller. He finds a buyer for the property who enters into a contract for purchase. Ten

-days prior to closing, the seller calls Joe to share that he has had to file for bankruptcy. This filing may:
Business
1 answer:
cluponka [151]2 years ago
8 0

In this situation when the seller has filed for bankruptcy then Broker Joe has to terminate the contract. Therefore, Option B is the correct statement.

<h3>What do you mean by contract?</h3>

A legally enforceable agreement that creates, defines, and regulates mutual rights and obligations between its parties is called a contract.

An agreement usually involves the exchange of goods, services, money, or the promise to change any of these at a later date.

Therefore, Option B is the correct statement.

Learn more about contract here:

brainly.com/question/5746834

#SPJ1

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Joel is writing an email to a paper company to check the status of an order. Which sentence shows that Joel is following the pro
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Would you mind giving us the status(of the delivery,that is)of glossy paper,which we ordered
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3 years ago
In a ________, a small team of workers handle all aspects of building a component, a “family” of components, or a finished produ
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A business setting or place
3 0
3 years ago
Read 2 more answers
Suppose that the nominal interest rate in Japan is only 5.0 percent, while the comparable rate in the United States is 7.0 perce
Eduardwww [97]

Answer: Japan has the higher real interest rate.

Explanation:

Japan:

Nominal interest rate = 5%

Inflation rate = 2%

Real interest rate = Nominal interest rate - Inflation rate

= 5 - 2

= 3%

United States:

Nominal interest rate = 7%

Inflation rate = 6%

Real interest rate = Nominal interest rate - Inflation rate

= 7 - 6

= 1%

∴ Japan has the higher real interest rate.

4 0
3 years ago
Stocks and bonds:______
trasher [3.6K]

Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange

Explanation:

Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.

•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.

Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.

•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.

Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.

8 0
3 years ago
Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C
Elan Coil [88]

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

                                                  = 5%*400,000*(3/2)

                                                   = 30,000 share

per share price can be determined by using following relation:

price\  per\  share =\frac{ outstanding\  share*\  trading\ price * investor's\  share}{ number\  of \ share\  after \ splittg}

                             = \frac{40000 *135*0.05}{30000}

                               = $90

3 0
4 years ago
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