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zysi [14]
1 year ago
7

in the event of a conflict between the statutory duties of intermediary and the common law duties of dual agency of a broker, wh

ich takes precedence
Business
1 answer:
anyanavicka [17]1 year ago
8 0

In the event of a conflict between the statutory duties of the intermediary and the common law duties of the dual agency of a broker, which takes precedence is Statutory intermediary.

The definition of statutory is something mandated by way of or related to statutes, which are legal guidelines or payments exceeded by the legislature. An example of statutory law is the regulation observed inside the easy Air Act, a federal statute.

Statutory rights are the minimum rights guaranteed to clients ruled by means of the consumer Rights Act 2015. The regulation stipulates a store is obliged to offer goods that are of first-rate pleasant, suit for purpose, and as described.

Statutory obligations and rights of employees and employers. As soon as a member of staff starts working in a selected business enterprise, they're entitled to sure statutory rights. those rights relate to fitness & protection, phrases, and conditions of employment, identical possibilities, pay, and greater.

Learn more about statutory here brainly.com/question/864793

#SPJ4

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Ben and John formed BCD Inc., a corporation, in 2013. Ben received 80% of the voting common stock, the only class of stock and J
Lady_Fox [76]

Answer:

Gain recognized by Ben = $10,000

Explanation:

Given Data:

Adjusted basis of property=$40000

Cash received =  $15000

Additional stock received = $35000

Total received =  Cash received + Additional stock received

                        = $35000 + $15000

                        = $50000

 Gain recognized by Ben = Total received - Adjusted basis of property

                                          =$50,000  -$40,000

                                        = $10,000

Therefore, gain recognized by Ben  = $10,000

8 0
3 years ago
The _____ Act limits the types of assets commercial banks can buy; the amount of capital they must maintain; and the use of deri
Aneli [31]

Answer:

Dodd-Frank Act of 2010

Explanation:

The Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted as stated by its name to change how Wall Street worked (well not only Wall Street, but the financial system) and to specially protect the small investor. It was promoted by Senator Chris Dodd and Representative Barney Frank as a result of the great recession suffered between 2008 and 2010, which was primarily caused by an inefficient and sometimes even corrupt financial system. It is a very long and complex law, but it mainly places strict regulations on lenders, banks and other financial institutions.

6 0
3 years ago
When noticing a suspicious vehicle on your property?
Ymorist [56]
<span>I'd call the non-emergency police number and ask them to drive by and see what was up when they had a free minute</span>
5 0
3 years ago
Eichholtz Company uses 10,000 units of a part in its production process. The costs to make a part are: direct materials, $12; di
slava [35]

Answer:

c) $40,000 to buy the part

Explanation:

For computing the better off first we have to compute the per unit cost which is shown below:

= Direct material per unit + Direct labor per unit + variable overhead + applied variable overhead

= $12 + $25 + $13 + $30 × 30%

= $12 + $25 + $13 + $9

= $59

The difference cost would be

= $59 - $55

= $4

Now the better off would be

= Number of units × difference cost

= 10,000 units × $4

= $40,000

3 0
3 years ago
According to the course materials, budgeting should be: a. Rigid with significant personal penalties if you miss your goal b. Ab
gavmur [86]

Answer:

C) Flexible

Explanation:

The whole concept behind budgeting is that future costs are estimated. As always when you estimate some future event, there is a fair chance that your estimate will be mistaken.

No matter how well thought, calculated and recalculated your budget is, it usually only serve as a parameter. The fact that budgeting is not exact is not always bad, since your business sales can be higher than expected, so your whole production and costs budgets will be wrong, but for a good reason.

That is why budgets must always be flexible and easily adaptable to changes, either good or bad changes.

4 0
3 years ago
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