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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 firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper
elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0
3 years ago
Which of the following statements about GDP (gross domestic product) is TRUE?
nasty-shy [4]

Answer:

a)     GDP measures the market value of final goods and services produced within a country.

Explanation:

Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time.  GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.

Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.

Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.

3 0
3 years ago
A publisher reports that 64% of their readers own a laptop. A marketing executive wants to test the claim that the percentage is
Virty [35]

Answer:

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3 0
3 years ago
Dividends received for equity securities in which the investor lacks the ability to participate in the decisions of the investee
erastovalidia [21]

Answer:

False.

Explanation:

When the investor does not have decision- making power in the business, his dividend payment process is not different from any other shareholder.

When profits are declared the company debits Retained Earnings (profits) for the divedend amount, and credited to Dividends Payable.

Dividend Payable is then debitted and Cash will be credited to show money has gone out.

4 0
3 years ago
Bethany Richards is a book rep. She sells books to schools and libraries. She earns a 9 percent commission on every book she sel
Zanzabum

Answer:

The correct answer is: $284.10.

Explanation:

The percentage of a number represents a part of it. Typically percentages are used when a certain amount of money is to be paid out of another amount because of services being provided or for using the money as instruments of investments like bank loans.

In Bethany Richards' case, she receives 9% in commissions for all the books she sales. Then,

Total amount for books sold = $963.25 + $742.00 + $614.35 + $837.10

Total amount for books sold = $3156.70

Thus,

Bethany's monthly commission = $3156.70 x (9%)

Bethany's monthly commission = $284.10

6 0
3 years ago
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