To minimize disruptions in brokerage operations stemming from an unexpected event a broker should have a succession plan in place before the unexpected event occurs.
For succession plan a broker can consider the following points:
Check the governing documents of the entity to see who has authority to appoint a new designated broker.
If it is seen the same person as the designated broker, an attorney should be contacted to amend the governing documents so that another person could be added to the ownership and governance of the entity.
If it requires the unanimous consent of all of the directors, members, or partners, and the designated broker is member of one of those parties, attorney is contacted to amend the governing documents to allow the remaining directors, members, or partners to appoint a new designated broker.
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Answer:
Clothing manufacturers typically prefer<u> "selective" </u>distribution.
Explanation:
Selective distribution is the best appropriate procedure for top brands that need to set up a predetermined number of outlets in a specific geological area. This is very unique in relation to exclusive distribution, and is considered as a center way to deal with distribution. Producers of goods such as equipment, machines which are used in our homes, and clothing usually prefer selective distribution
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I don't really understand the question.. Sorry if this doesn't help!
-EmojiQueen
Answer:
Explanation:
a ) We shall calculate the NPV of the project . If it is positive , then money can be invested
Cash outflow in the beginning =1000
Present value of perpetual annuity of 100 at 9.5 %
100 / .095
= 1052.63
which is more than initial cash outflow
So NPV is positive
Hence money can be invested.
b )
If machine takes one year to build , first year cash outflow of 100 will be absent
Present value of 100 after 1 year
= 100 / 1.095
= 91.32
So present value of annuity
= 1052.63 - 91.32
= 961.31
This is less than 1000 so
NPV is negative.
Hence money can not be invested.