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I am Lyosha [343]
2 years ago
15

a seller places an ad on social media stating that the seller will pay $10,000 to the first licensed real estate broker who find

s a buyer for the seller's condo that results in a closed sale. which type of contract is this?
Business
1 answer:
ser-zykov [4K]2 years ago
7 0

A seller places an ad on social media stating that the seller will pay $10,000 to the first licensed realtor who finds a buyer for the seller's condo that results in a closed sale. This is a type of unilateral contract.

<h3 /><h3>What is a unilateral contract?</h3>

Corresponds to a contract where there is a reward for a certain action, which is performed by only one of the parties involved in the contract, as for example in the statement, where the realtor who is interested in the seller's offer must carry out a closed sale to receive the $10,000 reward.

Therefore, in a unilateral contract, the agreement must be fulfilled after the performance of the contractor's action. If the offer is revoked, it must be duly expressed prior to the practice of the previously determined action. Some examples of the use of unilateral contracts are contests and performances.

Find out more about unilateral contract here:

brainly.com/question/15648341

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3 years ago
In year T, a US citizen buys 100 shares of Sonic on the Tokyo stock exchange at 700 yens each. Suppose the exchange rate then is
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Change in US external wealth between periods T and T +1 in dollars = -$100

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Since nothing else changes, this implies that the exchange rate per yen is $0.01 in periods T and T +1. Therefore, we have:

Value shares of Sonic in period T in dollar = Number of shares of Sonic bought in period T * Price per share of Sonic in Yen in period T * Exchange rate per yen in periods T = 100 * 700 * $0.01 = $700

Value shares of Sonic in period T+1 in dollar = Number of shares of Sonic in period T+1 * Price per share of Sonic in Yen in period T+1 * Exchange rate per yen in period T+1 = 100 * 600 * $0.01 = $600

Change in US external wealth between periods T and T +1 in dollars = Value shares of Sonic in period T+1 in dollar - Value shares of Sonic in period T in dollar = $600 - $700 = -$100

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