All categories

1 year ago

13. An open buyer agency agreement

1 answer:

8 0

An open buyer agency agreement is option(c) i.e, states that only the broker who actually locates the property the buyer eventually purchases is entitled to the commission.

In an open buyer agency arrangement, no agent is granted exclusivity, and the buyer is free to work with as many agents as she likes to discover the right property. The only agent who is entitled to compensation is the one who found the property that the buyer purchases.

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. The duration of the contract, compensation and a description of the kind of home the buyer is looking for are the main components of the buyer-broker agreement.

To know more about agency agreements refer to: brainly.com/question/28066390

#SPJ1

You might be interested in

Which two factors are important to consider when choosing a production method?

Hunter-Best [27]

Answer:

-The technology that is available for the market.

- The nature of the products

Explanation:

Latest technology often able to produce larger amount of products with significantly lower time. This will help reduce the overall cost of production in the long run. Business owner need to consider this and calculate whether the initial investment that needed to be made to install the technology will worth the value in the long run.

Nature of the products consisted of all the characteristics that our products process. For example food products tend to not have a long shelf life unlike fashion product. This difference in characteristics influence the type of production method that business owners could implement.

For example, It is impossible for business owners to mass produce produce food products with the expectation that it can maintain their quality in the warehouse, but producer of fashion products could make that expectation.

6 0

3 years ago

A customer buys $10,000 of 30 year corporate bonds with 10 years left to maturity at 92. The customer elects not to accrete the

natta225 [31]

Answer:

no capital gain or loss

Explanation:

A customer buys $10,000 of 30 year corporate bonds with 10 years left to maturity at 92. The customer elects not to accrete the discount annually. At maturity, the customer will have no capital gain or loss.

5 0

3 years ago

california, as a means to protect its environment, passes a law to ban a certain substance manufactured in kansas by xyz corpora

Svetllana [295]

The XYZ corporation may sue California for violating the dormant commerce clause. prohibits states from enacting legislation that significantly impedes interstate commerce.

<h3>What is interstate commerce?</h3>

Interstate commerce refers to the transacting or transportation of goods, services, or money across state lines.

Federal courts, for example, have considered cattle crossing a state line while grazing and the movement of pollutants across state lines to be interstate commerce in order to uphold Congress' regulatory jurisdiction.

In the United States, interstate commerce refers to any commercial transactions or traffic that cross state lines or involve more than one state.

The Interstate Commerce Act of 1887 is a federal law of the United States that was enacted to regulate the railroad industry, specifically its monopolistic practices.

The Act required railroad rates to be "reasonable and just," but it did not give the government the authority to set specific rates.

To learn more about interstate commerce, refer to:

brainly.com/question/4656005

#SPJ4

3 0

1 year ago

On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of

leva [86]

Answer:

1. 2021 2022 2023

revenue 2912973 3399745 2197282

costs 2170000 2670000 3970000

gross profit 742973 729745 -1772718

2a. Debit Contract account 2912973, Credit revenue 2912973

Debit Bridge in progress 2170000 credit various accounts 2170000

Debit Accounts Receivable 2670000, Billing on CIP 2670000

Debit Bank 2420000, credit Accounts receivables 2420000

2b. Debit Contract account 3399745, Credit Revenue 3399745

debit work in progress 2670000, credit Various accounts

debit Accounts receivables 2920000, Billing on CIP 2920000

Debit bank 2645000, credit accounts receivables 2645000

3a. BALANCE SHEET 2021

current assets

accounts receivables 250000

Liabilities

billing 2670000

3b. current Assets

Accounts receivables 275000

Liabilities

Billing 2920000

Explanation:

percentage of completion = cost incurred for start to date/ total estimated costs

percentation of completion

2021 2022 2023

34.23% 74.18% 100

Revenue to be recognised = total revenue * percentage completed

current period revenue = revenue to be recognise - prior revenue

4 0

3 years ago

Gee gee's is a neighborhood bakery known for its scrumptious tea cakes. gee gee's recipes call for expensive spices imported fro

dlinn [17]

I guess the correct answer is microeconomic analysis.

GeeGee’s is a community-based bakery known for its scrumptious tea cakes. The recipe calls for expensive spices imported from Asia. Recently the cost of these spices has risen dramatically, leading GeeGee’s to consider increasing its prices. In order to analyze how this change would affect consumer choices, GG’s management could perform a microeconomic analysis.

8 0

4 years ago