1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmainna [20.7K]
2 years ago
5

Whilst you have been away on annual leave the Principal of the agency has exchanged contracts to personally purchase one of your

listings. You do not believe that your vendor is aware of the fact that it is your employer as it has been purchased in a company name and there is no declaration on the file or on the copy of the contract in the file. A) What skills will you need to employ? B) What do you do and explain why quoting any relevant bodies, legislation, forms and penalties?
Business
1 answer:
sammy [17]2 years ago
8 0

(A) The skills required to deal with the issue is to computer and research skills and communication skills.

(B) One should resolve the complaints by using the Complaint Register.

<h3>What is the meaning of contract?</h3>

Contract refers to the agreement between the two people or more under the eyes of the law. The agreement made should have the legal consideration and should be enforceable by the laws.

The skills needed to be employed are as follows:-

  1. Knowledge of computers and research techniques to locate relevant legislation for your problems;
  2. Effective communication abilities to speak with the vendors and your employer.
  3. Complaint resolution processes (using the Complaint Register).

This is something the principle should think about:

  1. The Property and Stock Agents Act of 2002 considers it a violation of trust;
  2. Non-disclosure in order to receive a benefit;
  3. Form 49 and Section 55 MUST be completed;
  4. The vendor should not suffer as a result of working with your company;
  5. Up to two years in prison and a fine of $29,313 can be imposed as penalties for violating Section 55.
  6. The estate agent may also be ordered by a court to repay any commission they received from the vendor.

Learn more about Complaint Register here:

brainly.com/question/14805835

#SPJ1

You might be interested in
Assume that an asset costing $72,000 is expected to produce 500,000 units and have a salvage value of $6,000. The first year, 90
anyanavicka [17]

Answer:

depreciable value = $72,000 - $6,000 = $66.000

depreciation expense per unit produced = $66,000 / 500,000 units = $0.132 per unit

depreciation expense year 1 = 90,000 x $0.132 = $11,880

depreciation expense year 2 = 82,000 x $0.132 = $10,824

depreciation expense year 3 = 94,000 x $0.132 = $12,408

Year          Depreciation expense          Book value

0                              $0                             $72,000

1                          $11,880                          $60,120

2                         $10,824                         $49,296

3                         $12,408                         $36,888

3 0
3 years ago
On December​ 31st, Datton, Inc. has cost of goods sold of $ 550000​, ending inventory is $ 101000​, beginning inventory is $ 120
Gnoma [55]

Answer:

72 days

Explanation:

The computation of the accounts payable turnover ratio is shown below:

Accounts payable turnover ratio = Total Purchases ÷ Average Accounts payable

As we know that

Cost of goods sold =  Beginning inventory + total purchases - Ending inventory

i.e  

Total Purchases = Cost of goods sold + Ending Inventory – Beginning Inventory

= $550,000 + $101,000 - $120,000

= $531,000

So, the account payable turnover ratio is

= $531,000 ÷ $105,000

= 5.06 times

Now in days it is

= 365 days ÷ 5.06 times

= 72 days

5 0
3 years ago
In a closed economy, what remains after paying for consumption and government purchases is:________
natta225 [31]

Answer: d. national saving.

Explanation:

In a closed economy, GDP is calculated by adding Consumption, Investment and Government purchases. The investment in this instance can be thought of as National Saving.

National saving is the difference between the income in the country and the consumption and government purchases. It represent what households and the government save up from their income sources which can be used for investment.

5 0
3 years ago
Ocean sediment cores provide a climate record for the past ________ years.
MrMuchimi

Ocean sediment core provides a climate record of the past 70 million years.

1880 is the reliable global record which we can say the climate began. Proxies(climate) helps the scientists to determine the climatic patterns even before starting record-keeping.

Some examples of proxies are sub-fossil pollen, lake and ocean sediments, tree rings, and ice cores. Climatic of the time influenced the growth rate of proxies material. It is from proxies where we can recover quantities of particular isotopes from climatic changes.

The combination of proxies can produce temperature reconstruction which is longer the instrumental temperature.

5 0
3 years ago
Read 2 more answers
Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
zysi [14]

Answer:

Explanation:

X001 Sales volum = 3000*$20 = $60,000

X002 Sales volum = 3000*$10 = $30,000

Total $90,000

Allocated to X002 based on sales volum is 33.33% (30,000/90,000) of the 60,000, which is $20,000

Cost per unit of X002 is $6.67 ($20,000/3,000). Sells 1000 units, $6.67*1000 = $6670.

Gross profit = Revenue $10,000 - Cost $6670 = $3330 in gross profit

8 0
3 years ago
Read 2 more answers
Other questions:
  • For Megan’s end-of-year performance appraisal, her supervisor solicited feedback from three of Megan’s coworkers, the manager of
    8·1 answer
  • Economic activities whose location does not rely on factors such as the location of raw materials, transportation costs, and lar
    7·1 answer
  • Cut-Rate Construction Company (CCC) begins building a restaurant for Diners Restaurants, Inc., but after two months demands an e
    8·1 answer
  • What are the two most important chemical reactions on earth?
    9·1 answer
  • Which of the following government agencies estimates and compiles the U.S. GDP accounts? Multiple Choice the Bureau of Economic
    11·1 answer
  • Simon recently received a credit card with an 18% nominal interest rate. With the card, he purchased an Amazon Kindle for $350.
    13·1 answer
  • An attitude of constantly seeking ways to improve company operations, including customer service, product quality, product featu
    11·1 answer
  • Which of the following statements about personal selling is​ correct?
    8·1 answer
  • 9.Not Answered 10.Not Answered Question Workspace Which of the following statements is CORRECT? a. If a firm increases its sales
    7·1 answer
  • and money is transferred out of a checking account, it is the transfer of funds that constitutes the actual payment for the good
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!