1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alinara [238K]
3 years ago
12

A broker is an agent who: A. Trades on the floor of an exchange for himself or herself. B. Offers new securities for sale to dea

lers only. C. Specializes in bringing buyers and sellers together. D. Buys and sells from inventory.
Business
1 answer:
Annette [7]3 years ago
3 0

Answer:

Specializes in bringing buyers and sellers together.

Explanation:

A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.

A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.

You might be interested in
is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers
nikitadnepr [17]

Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.

In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.

There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.

Here you can learn more about Business buying process brainly.com/question/12496760

#SPJ4

5 0
1 year ago
When power or influence within an organization flow to individuals or leaders who have the ability to help an organization or gr
Ad libitum [116K]

The leaders who have the ability to help an organization or group handle challenges, the leadership influence is one based on social or interpersonal influence.

<h3>What is social or interpersonal influence?</h3>

The process by which the presence or action of others influences an individual's attitudes, beliefs, or behavior is known as social influence.

Conformity, compliance and obedience, and minority influence are the four areas of social influence.

A person's adopted behavioral patterns can be affected by changes in their personal beliefs and thought processes.

Thus, the influence is social or interpersonal.

Learn more about social influence

brainly.com/question/10524203

#SPJ1

5 0
2 years ago
Grasping, strategies for problem solving, driving a car, and balancing a budget are all examples of ______, according to piaget.
solmaris [256]

Grasping, strategies for problem-solving, driving a car, and balancing a budget are all examples of Schemas.

<h3>What is Schemas?</h3>

A schema is defined as a pattern of contented or behavior that handles informational categories and the relations between them, according to psychology and cognitive science.

Schemas can be seen in the act of grasping, problem-solving techniques, operating a vehicle, and budgeting.

Therefore, the given events are the examples of Schemas.

To learn more about the Schemas, refer to;

brainly.com/question/18959128

#SPJ1

7 0
2 years ago
The following transactions occur for Badger Biking Company during the month of June: Provide services to customers on account fo
Taya2010 [7]

Answer:

a) Assets increase by 35,000 (account receivable )

   Equity increase by 35,000 (sales revenue)

b) no effect

c) Assets increase by 20,000 (equipment)

Liabilities increase by 20,000 (note payable)

d) Assets decrease by 3500 (cash)

   Equity decrease by 3500 (utilities expense)

Explanation:

Accounting Equation:

Assets = Liaiblities + Equity

Assets: things and right owned by the company and able to generate cash in the future

Liabilities: obligation to do or pay assumed by the company

Equity: contribution from owners and earnings/losses

a) Provide services to customers on account for $35,000.

As the company has the right to claim the invoince aginst his customers and is also earning a profit from this sale

b) Receive cash of $27,000 from customers in (a) above.

we are "trading" one assets (account receivable) for another (cash) As the amount collected decerase the amount owed by the customer the effect of income from cash and decrease in amount to collect balance.

c) Purchase bike equipment by signing a note with the bank for $20,000.

the new equipment is an asset, it wil lgenerate earnings in the future. While the promissory note is an obligation thus, liability.

d) Pay utilities of $3,500 for the current mont.

the utulities paid will not generate incoem in the future are cost incurred thus, expenses which decreases the earnings of the business.

6 0
3 years ago
dupe's age and olu's add upto 25 years. Eight years ago , dupe was twice as old as olu. how old are they now?​
Bas_tet [7]

Dupe's present age = 14 years

Olu's present age = 11 years

Explanation:

  • Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
  • Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and    Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
  • Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.  
6 0
3 years ago
Other questions:
  • Brent received a report from the production and purchasing departments with the following values for August: Actual materials qu
    9·1 answer
  • A(n) ________ underwrites new issues of securities for corporations, states, and municipalities needed to raise money in the cap
    11·1 answer
  • Kilgore Company experienced the following events during its first accounting period. (1) Issued common stock for $5,000 cash. (2
    13·1 answer
  • What bill will have to be paid one of these days to kill a mockingbird?
    14·1 answer
  • In a free market economy , who owns the factors of production ?
    5·2 answers
  • Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's Ice Cream Shoppes.
    12·1 answer
  • Singapore Airlines is recognized as an industry leader for exemplary customer service, and has continued to add new ways to serv
    9·1 answer
  • What is the difference between real and nominal gross domestic product (GDP)?
    12·1 answer
  • Think of a successful business and research the founding of that business. What successes could you learn about from that busine
    12·1 answer
  • Ski ABC Company manufactured too many ski jackets, overestimating the quantity retailers would purchase. So Ski ABC has offered
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!