Answer:
There is no profit so they would be loosing money.
Explanation:
N<u>o</u><u>, because all </u><u>compensation</u><u> must come through your </u><u>broker</u><u>.</u>
Which of the following actions should be taken when holding an open house?
Schedule the open house soon after the property hits the market.
Which of these statements best describes the concept of procuring cause?
Procuring cause means the licensee's actions produced a ready, willing, and able buyer.
Which of the following is true regarding a broker's commission in a real estate transaction?
- The commission must be stated in the listing agreement and is set by the broker.
- Commissions are determined at a special meeting of the local realtor board once a year.
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If bankruptcy were to occur, (secured creditors) would have the first claim on assets.
I hope it helps.
Explanation:
Organizational ethics can be defined as a set of values, practices and principles that guide the company's actions and behaviors in the internal and external environment. A company's set of ethics must be shared by each employee, regardless of their hierarchical position in the company.
In commercial and accounting practices, ethics should be the basis for the conduct of professionals, since in this organizational area there is usually fraud in the statement of results, agreements and corruptions for the benefit of themselves and others.
Ethics must be implemented equally in every functional area of a company, as it positively or negatively impacts the organizational results and the attitude of employees. Through ethics as a fundamental principle of a company, it is possible to achieve several benefits, such as:
-
Improved results,
- Greater employee motivation,
- Improved communication,
- More market value.
Answer: The shareholder model of corporate governance
Explanation:
The agency problem is typically a conflict of interest in a relationship whereby a party is expected to act in the best interest of the other party. It should be noted that in corporate finance, the agency problem is a conflict of interest that takes place between the management of the company and the stockholders.
The agency problem wherein ownership and control of a corporation are separate is associated with the shareholder model of corporate governance.
