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2 years ago

35. A listing contract that spells out terms and conditions for the seller and broker is what type of agreement?

1 answer:

8 0

A listing contract that spells out terms and conditions for the seller and broker is a Written or Expressed agency agreement.

Express agency is an agreement that is signed in writing and is made between the principal and the agent. The contracts give the agent authority granted by the principal through an agency agreement.

An Express agency is a real agency established by a verbal or written agreement between the agent and the principal. The Principal hereby appoints the Agent hereunder to act as the Principal's agent. An express agency, for instance, is a documented listing agreement between a broker and a real estate seller. An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place.

To know more about agency agreement refer to: brainly.com/question/14093696

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A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern

zaharov [31]

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

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3 years ago

Which sentence from the contract shown below refers to consideration?

mamaluj [8]

first party is the one that I would do

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3 years ago

Present values Suppose going to college costs 20,000 a year. The average earnings of a highschool graduate are 20,000 a year. By

o-na [289]

Answer:

Annual benefit from college education (Increase in earnings) = $50,000 - $20,000 = $30,000

Assuming 4 years of college study period

The net present value of a college education if the interest rate is 10% is as follows:

Net present value = PV of benefits - PV of costs

Net present value = Annual benefit*P/A(10%,4) - Annual costs of attending college*P/A(10%,4)

Net present value = 30,000 * P/A(10%,4) - 20,000 * P/A(10%,4)

Net present value = (30,000 - 20,000) * P/A(10%,4)

Net present value = 10,000 * P/A(10%,4)

Net present value = 10,000 * 3.1699

Net present value = $31,699

How does this change if the interest rate is 15%?

Net present value = 30,000 * P/A(15%,4) - 20,000 * P/A(15%,4)

Net present value = (30,000 - 20,000) * P/A(15%,4)

Net present value = 10,000 * 2.855

Net present value = $28,550

4 0

3 years ago

You would like to use the fixed-order-interval inventory model to compute the desired order quantity for a company. You know tha

7nadin3 [17]

Answer:

c. 50

Explanation:

Fixed-order-interval inventory model also known as fixed reorder cycle inventory model is used to manage supply of raw material to a business based on demand of the product. Review of inventory is done by inventory analyst at fixed intervals and of inventory level is above a predetermined reorder level, nothing is done.

If however stock is at or below set reorder level raw material is purchased and is based on the formula- Maximum level - Current level.

In the scenario above we use the following formula

Standard deviation of demand over the review and lead-time period(SD)=Square root of { (Lead time+ Number of days between review)* (Standard deviation of daily demand)^2}

SD= √ {(10+15)*(10)^2}

SD= √ (25* 100)

SD= √2,500

SD= 50

8 0

3 years ago

Read 2 more answers

A firm practicing third-degree price discrimination may:

nata0808 [166]

Answer:

(B) I and II

Explanation:

Price discrimination is when a producer charges different prices for his good or service.

Third degree price discrimination is when consumers are charged different prices for the same good due to certain factors. E.g. age, gender, location.

Second degree price discrimination is when consumers who buy in bulk are given discounts.

First price discrimination is when consumers are charged different prices according to their willingness to pay. Example of first price discrimination is initially charging high prices and then reducing the price over time to sell to the more price-sensitive consumers.

I hope my answer helps you.

6 0

3 years ago