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
GaryK [48]
2 years ago
5

The __________ assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misr

epresentation, deceit, or conversion of trust funds in a transaction.
Business
1 answer:
Finger [1]2 years ago
4 0

The SAFE act assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misrepresentation, deceit, or conversion of trust funds in a transaction.

<h3>What is the SAFE act?</h3>

This was the act in the United States that made it mandatory for houses to be registered and licensed.

The act is based on houses that are used as residences. The full meaning of the act is the  Secure and Fair Enforcement for Mortgage Licensing Act.

The main purpose of the SAFE act is to try to ensure that consumers are protected and also help in the reduction of fraud. This would be done by setting a standard for licensing and the originators of mortgage loans.

Hence the correct answer to the question is the SAFE act.

Read more on court judgement here; brainly.com/question/14077067

#SPJ1

You might be interested in
The following balances come from the financial statements of Way Industries: Sales revenue $850,000; Accounts receivable $280,00
finlep [7]

Answer: 12

Explanation: The ratio of  number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-

= \frac{cost\of\goods\sold}{average\inventory}

where,

cost of goods sold = beginning inventory + net purchase - ending inventory

                               = $50,000 + $460,000 - $30,000

                               = $ 480,000

average inventory  = \frac{beginning\invetory+closing\inventory}{2}

                               =\frac{50000+30000}{2}

                               = $40,000

so,

inventory turnover ratio = \frac{480000}{40000}

                                       = 12

6 0
3 years ago
Louise owned a house next to Robert's house. Robert made a contract with Midcity Painters to paint his house. The painters arriv
Aloiza [94]

Answer:

Louise's defense is not valid. She was involved in an Implied-in-fact contracts

Explanation:

Implied-in-fact Contracts

This is a contract that is legally enforceable as a result of an agreement made by conduct and from assumed intentions. These conducts and assumed intentions are derived from the relationship among the involved parties.

When Louise saw Midcity Painters painting her house and made no comments, she became involved a implied-in-fact contract. The conduct of Midcity to paint her house and her conduct to be quiet infact formed a legally enforceable contract.

Louise, therefore, liable. However, due to the lack of contractual terms such as payment for the job done, Louise will be liable for the nominally or typically acceptable rate for such a job done. For instance, if a normal house paint job costs $2000, Louise is liable to pay $2000 for the implied contract.

3 0
3 years ago
The law of demand states that, other things equal: Select one: a. price and quantity demanded are inversely related. b. consumer
Mkey [24]

The law of demand state correct option is (a) price and quantity demanded are inversely related.

What is law of demand states?

The law of demand is a fundamental principle of the economic idea of higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.

The  rule of demand, if all other variables remain constant, the price and quantity desired of any good or service are inversely related. When the price of a product rises, the demand for that product low as well.

As result, the law of demand states as remain constant towards a price and quantity demanded are inversely related.

Learn more about law of demand states, here:

brainly.com/question/10782448

#SPJ1

7 0
2 years ago
Start by clearly defining your topic with a thesis statement.
SIZIF [17.4K]

Answer: When viewed and analyzed together, economic indicators and market indexes can provide a clear picture of economic growth.

Explanation:

Edg.

4 0
2 years ago
Read 2 more answers
Plz helpp ill love u forever
LiRa [457]

Answer:

The answer is A.

Explanation:

In each other presentation, choosing the “Reuse Slides” tool and then browsing to find the credits slide in the original presentation.

Brainliest please!!!!!!!!!

5 0
2 years ago
Other questions:
  • Eric and Chelsea sign a contract where Eric will sell his used car to Chelsea for $400. That night, Chelsea's parents surprise h
    5·1 answer
  • Brian's team just had a research breakthrough. They'll need several thousands of dollars to complete the project. Brian has call
    7·1 answer
  • Sell or Process Further
    6·1 answer
  • Which of the following is a characteristic of monopolistic competition? rev: 05_15_2018 Multiple Choice relatively easy entry a
    8·1 answer
  • Which of the following refers to products that organizational customers purchase to use in their finished​ products? A. Accessor
    8·1 answer
  • When a food safety inspector enters your establishment you should?
    5·1 answer
  • Marbry Corporation's balance sheet and income statement appear below.
    5·1 answer
  • A corporation that transfers restricted stock to an employee as compensation may deduct the stock’s fair market value in the yea
    13·2 answers
  • Adjusting entries to record expenses incurred in the current period, that will be paid in a future period, is described as
    8·1 answer
  • A Chicago-based company decides to outsource all product designs to Singapore because it has been found to have the most efficie
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!