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Maurinko [17]
2 years ago
9

In the case where a broker was found guilty of license law violations and the Recovery Fund was required to pay a judgment of $8

,000 from the fund, what could the FREC do to the broker
Business
1 answer:
svp [43]2 years ago
5 0

When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the FREC must revoke the broker's license for being found guilty.

<h3><u>The Florida Real Estate Commission (FREC) is what, exactly?</u></h3>

The Florida Real Estate Commission (FREC) was established to supervise and instruct real estate licensees. The governor appoints and the Senate confirms the seven members of the commission.

Its breakdown is as follows:

  • Real estate brokers who have been actively licensed for five years prior to joining the commission are required to make up four of the FREC members.
  • One member must be a licensed broker or sales associate who has held an active license for the two years prior to appointment.
  • Two of the members must be individuals who are not now and have never been brokers or sales representatives.
  • Members of the FREC are appointed to four-year terms, and at least one member must be 60 or older.

Learn more about the Florida Real Estate Commission (FREC) with the help of the given link:

brainly.com/question/14316863

#SPJ4

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When a donor makes a gift in trust, who is considered the done?
BartSMP [9]

Answer:

yeet

Explanation:

5 0
3 years ago
Land held for possible plant expansion would be included as an operating asset when computing return on investment (ROI).
Softa [21]

Answer:

B. False

Explanation:

Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).

Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.

Return on investment can be used to determine

1. Profitability of a stock investment,

2. Profitability of the purchase of a business investment

3. Profitability of a real estate business

ROI = Net return / cost of investment × 100

Net return= Final value of investment - initial value of the investment

6 0
3 years ago
When planning a procurement, it is useful to ______________.
Gre4nikov [31]

Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.

5 0
3 years ago
The toy buyer had the option of ordering stuffed animals directly from the manufacturer or from a nearby wholesaler. The manufac
Degger [83]

Answer:

difference between supplies = $4.68

Explanation:

cost of merchandise from manufacturer if paid within discount period:

$1,200 x (1 - 40%) = $720

$720 x (1 - 10%) = $648

freight cost = $648 x 2.5% = $16.20

discount for early payment = $648 x 2% = $12.96

total cost = $651.24

cost of merchandise from wholesaler if paid within discount period:

$1,200 x (1 - 40%) = $720

$720 x (1 - 8%) = $662.40

discount for early payment = $648 x 1% = $6.48

total cost = $655.92

difference between supplies = $4.68

7 0
2 years ago
Which type of investment offers both capital gains and interest income?
arlik [135]
 Bondholders regularly receive interest income at a preset interest rate, or coupon rate, for a specified period of time. This is the bond’s maturity period.<span> Holders can also sell the bonds in the bond market at their current market price.
So the Answer is BONDS
</span>
7 0
3 years ago
Read 2 more answers
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