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yan [13]
1 year ago
14

If any dispute between the parties arises regarding the deposited escrow money, the sponsoring broker should?

Business
1 answer:
Ksivusya [100]1 year ago
6 0

The sponsoring broker should not release the money without a written release from both parties.

If there is any dispute between the parties arises regarding the deposit of Escrow money, the sponsoring broker should not release the money without a written release from both parties or both parties' assigned agents.

In the event a dispute arises over whether or not the earnest cash should be again (for instance, if the seller argues that the purchaser did not notify the seller in a well-timed manner of the cause to return out of the settlement), the escrow holder will hold to keep the earnest money till the dispute is resolved.

The two important factors for a legitimate sale escrow are a binding agreement/agreement between buyer and seller and the conditional shipping to an impartial third party of something of fee, as described, which generally consists of written gadgets of conveyance (provide deed) or encumbrance.

Learn more about Escrow here brainly.com/question/13165021

#SPJ4

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In a production application involving a fixed setup cost and a variable cost, the use of __________ makes including the setup co
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Answer:

The correct answer is binary variables.

Explanation:

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8 0
3 years ago
Basic activities in every accounting department, including sales order processing, accounts receivable, inventory and purchasing
Lelu [443]

Answer:

General ledger

Explanation:

A general ledger in accounting is a book pf account that is meant to record the business' transaction entries towards the preparation of the income statement and the statement of financial position.

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We have two types of general ledger which are private ledger that records transaction on salaries , wages and capitals , and nominal ledger that records transaction on expense , income , depreciation etc.

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4 years ago
Mort Zuba, an automobile company, needs to pay off its loans to banks the following year. The company plans to sell its factorie
harkovskaia [24]

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Mort Zuba's ability to sell its factories in Astonsia to pay its debts is measured by calculating <u>Liquidity ratios.</u>

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4 0
3 years ago
After many years, a small community builds a toll road but discovers it is little used. if it wishes the road to be used at the
OleMash [197]
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4 0
3 years ago
Which best describes the future growth potential of the Marketing, Sales, and Service career cluster?
Eva8 [605]
<h2>Answer</h2>

Growth is expected to grow much more quickly than average.

<h3>Explanation</h3>

Marketing, Sales and Service Career Cluster will find their importance growing heavily in the near future. These fields are part of tertiary industry and the industry is witnessing highest percentage of growth compared to other two industries. This is also because, businesses in this globally advancing world need these fields in order to sustain and grow.

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3 years ago
Read 2 more answers
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