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
Mnenie [13.5K]
1 year ago
10

Joe is a new broker. how often will he be required to reconcile his escrow account(s)?

Business
1 answer:
storchak [24]1 year ago
6 0

Joe is a new broker. He will be required to reconcile his escrow account monthly.

<h3>Who is a broker?</h3>
  • In order to earn a commission after the trade is completed, brokers organize transactions between buyers and sellers.
  • Brokers that take on dual roles as buyers or sellers are considered primary parties to the transaction.
  • Neither function should be mistaken with that of an agent, who represents the principal party in a transaction.
  • An impartial party whose services are often used in several businesses is a broker.
  • The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller.
  • A real estate or stockbroker who helps in the sale of a property would be an example.

To learn more about broker with the given link

brainly.com/question/14094023

#SPJ4

You might be interested in
Jim drops his car off at ABC Garage to have his exhaust system repaired and takes the train to work. When he returns, he finds t
TEA [102]

Answer: Direct Excess Coverage

Explanation:

The coverage type under ABC's garagekeepers policy that would split the cost of the loss with Jim's own insurer without placing blame on ABC Garage is the direct excess coverage.

This coverage is identical to the direct primary coverage and it basically protects the vehicle of a client without taking into consideration the person that is responsible. The direct excess coverage will be paid in excess of the primary policy.

6 0
2 years ago
Supply of Children's Books Price (dollars) Quantity (books) $12 24 10 20 8 16 6 12 4 8 2 4 0 0 Instructions: Round your answers
Nataly_w [17]

Answer:

40%

Explanation:

the percentage change in price using the midpoint method = {(P₂ - P₁) / [(P₂ + P₁)/2]} x 100

= {($6- $4) / [($6 + $4)/2]} x 100 = [$2 / ($10 / 2)] x 100 = ($2 / $5) x 100 = 0.4 x 100 = 40%

The advantage of using the midpoint method for calculating percentage changes is that it doesn't matter if the change is positive or negative, e.g. it will yield the same result if the price increases or decreases in the same amounts.

5 0
3 years ago
Alpha has $40,000 of capital per worker, while Beta has $5,000 of capital per worker. In all other respects, the two countries a
tensa zangetsu [6.8K]

Answer: The correct answer is "a. Less".

Explanation: According to the principle of diminishing returns to capital, an additional unit of capital will <u>less</u> in Alpha compared to Beta, holding other factors constan.

The law of diminishing returns is an economic concept that shows the decrease of a product or a service as productive factors are added to the creation of a good or service. It is a marginal decrease, that is, the increase is smaller every time.

3 0
3 years ago
When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is
Sedaia [141]

When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.

<h3>What is an Elastic Demand?</h3>
  • Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.
  • If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.
  • An item has elastic demand if its demand changes more than its price changes.
  • For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.

Learn more about Elastic Demand here:

brainly.com/question/14897348

#SPJ4

7 0
2 years ago
Read 2 more answers
Write the necessary steps that need to be followed in maketing​
zimovet [89]
There are nine major steps required to develop a well-crafted, strategic marketing plan: set your marketing goals, conduct a marketing audit, conduct market research, analyze the research, identify your target audience, determine a budget, develop specific marketing strategies, develop an implementation schedule for ...
7 0
2 years ago
Other questions:
  • Greg's Copy Shop bought equipment for $60,000 on January 1, 2006. Greg estimated the useful life to be 3 years with no salvage v
    13·1 answer
  • True or False
    6·2 answers
  • Assume in 2016 that your income was $50,000 and in 2017 your nominal income increased to $70,000. If the CPI changed from 100 to
    10·1 answer
  • All of the following are services that are available at banks except _____.
    9·1 answer
  • At the recent school board​ meeting, five individuals spoke on both the merits and problems with​ full-day kindergarten as compa
    12·1 answer
  • Which countries signed in the North American Free Trade Agreement in 1992?
    11·1 answer
  • Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company’s property
    5·1 answer
  • Ahmed &amp; Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Unit selling
    13·1 answer
  • The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed
    6·2 answers
  • A company increases the price of its clock radios by 10 percent and the company's total receipts fall significantly. What term b
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!