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1 year ago

To whom must licensees provide agency disclosures prior to entering into an agency agreement?

1 answer:

6 0

A licensee who is operating in the capacity of a party's designated agent must notify any clients of the existence of the agency relationship in writing.

<h3><u>An agency agreement is what?</u></h3>

In a legal contract known as an agency agreement, the first party, known as the "principal," agrees that the activities of the second party, known as the "agent," bind the principal to later agreements made by the agent as if the principal had made them personally.

In law, the ability of the agent to bind the principal is known as authority. A person may be compelled to pay for purchases made by a close relative using their credit card if they provide their credit card to them, which is an example of implied authority generated by an agreement.

Learn more about agency agreement with the help of the given link:

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A speaker who thinks uncritically looks for good reasons to accept or reject others' opinions.

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That speaker tends to <span>closed-minded and impulsive.
The most important things for that speaker is most likely not finding the best outcome from the people around them that could be done if they just work together , but rather to become the center of attention by diminishing other people's value (putting them down)</span>

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2 years ago

Suppose Capital One is advertising a 60-month, 5.89 % APR motorcycle loan. If you need to borrow $ 9 comma 400 to purchase your

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Answer:

My Monthly payment will be $181.25

Explanation:

A loan provide funds for acquisition of asset and for investment purposes and its allows the arrangement for flexible repayments throughout the loan period based on terms agreed between the lender and borrower.

Following Formula used to calculate the installment payment.

Loan = Payment x $\frac{(1-(1+r)^-n)}{r}$

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3 years ago

Ernest is applying for a carpentry apprenticeship program. He must take a test involving mathematical calculations including wor

Mama L [17]

Answer:

B. False

Explanation:

Since in the question, it is mentioned that Erney applied for a carpentry apprenticeship program. Also he took the test. This is not a illegal as if he wants to work in two specialized field than he could co but the work should be legal in nature and both the work are legal itself

Hence, the given statement is false

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2 years ago

Which of the following statements is true? Select one: a. In an annuity due payments occur at the end of the period. b. In an or

pashok25 [27]

Answer:

b. In an ordinary annuity payments occur at the end of the period

Explanation:

<u>Why the other options are false:</u>

A.- On annuity due, the payment occurs at the beginning of the period.

B.- The perpetuity will not mature. It will yield interest for an indefinite period of time

C.- The present present value of a perpetuity is calculate as follow:

cash inflow/ interest rate = perpetuity

On an ordinary annuity, the payment occur at the end of the period, which is correct.

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2 years ago

Jerry recently was offered a position with a major accounting firm. The firm offered Jerry either a signing bonus of $23,000 pay

creativ13 [48]

Answer. D) The signing bonus of $26,000 payable after one year of employment.

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3 years ago