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2 years ago

Under which type of listing will an agent receive a commission only if he is the procuring cause of the sale?

1 answer:

3 0

Under a C) exclusive right to sell, the listing firm will earn a commission if the property sells during the listing period, even if it's a licensee from another firm or the seller who finds the buyer.

Promoting dealers cooperate with the brokers promoting the home to acquire reimbursement for supporting connect them with the right shoppers. The listing broking will pay the promoting agent a commission for finding a purchaser to shop for the belongings.

In most instances, you don't require a college degree to come to be an actual property agent, but it does help capacity profession task seekers stay aggressive and applicable. A partner or bachelor's degree is more than sufficient—perhaps in the enterprise, finance, or some other related subject.

They realize the nearby actual estate market, look into and appraise homes to decide honest marketplace costs, write and provide list presentations to offer dealers a document of their findings, and market and stage homes for sale to attract capacity consumers.

The question is incomplete. Please read below to find the missing content.

Under which type of listing will the seller owe a commission to the listing agent regardless of who is the procuring cause of the sale?

A. Open listing

B. Exclusive agency

C. Exclusive right to sell

D. Net listing

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Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co

horsena [70]

Answer:

$1,012,696

Explanation:

The computation is shown below:

At Cost method:

Merchandise available for sale is :

= Beginning inventory + Purchases + Fright-in

= $403,500 + $3,608,000 + $169,500

= $4,181,000

At Retail method:

Merchandise available for sale:

= Beginning inventory + Purchases + Markups

= $604,000 + $5,393,600 + $424,000

= $6,421,600

Now

Ending inventory at retail is

= Retail - Markdowns - Net sales

= $6,421,600 - $0 - $4,866,000

= $1,555,600

Now

Cost to retail ratio is

= $4,181,000÷ ($4,866,000 + $1,555,600)

= 65.10%

And finally the ending inventory at cost is

= $1,555,600 × 65.10%

= $1,012,696

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3 years ago

A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle

Volgvan

The principle that's illustrated by the gas tax is known as the benefit received principle.

It should be noted that a tax is a compulsory payment that generate revenue to the government.

In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.

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The answer is $230,000. For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to $230,000

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3 years ago

B Corporation, an accrual basis taxpayer, is owned 75 percent by Bonnie, a cash basis taxpayer. On December 31, 20X1, the corpor

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Answer:

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Explanation:

The explanation for this question is given in the attachment below.

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The law of supply and demand asserts that

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Answer:

b. the price of a good will eventually rise in response to an excess demand for that good.

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