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MArishka [77]
3 years ago
10

Jolene hired Lacy to find a buyer for her house. Adam was interested in buying the house. If both Jolene and Adam agree, Lacy, a

real estate agent, may represent both parties.
A. True
B. False
Business
1 answer:
ahrayia [7]3 years ago
5 0

Answer:

True

Explanation:

Lacy can represent both parties. If Lacy represents both parties this is known as dual agency.

As the “dual” agent Lacy handles all of the communications, paperwork, and negotiations between both parties, that is the buyer and seller who happens to be Jolene and Adam. She is supposed to remain neutral as the facilitator of the deal with no fiduciary duty to either side. Fiduciary duty is to uphold a client's interest in good faith an trust.

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1 year ago
The Nixon Corporation’s common stock has a beta of 1.7. If the risk-free rate is 4.8 percent and the expected return on the mark
Archy [21]

Answer:

13.64%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

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= 4.8% + 1.7 × 5.2%

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The (Market rate of return - Risk-free rate of return)  is also called market risk premium

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