The sponsoring broker should not release the money without a written release from both parties.
If there is any dispute between the parties arises regarding the deposit of Escrow money, the sponsoring broker should not release the money without a written release from both parties or both parties' assigned agents.
In the event a dispute arises over whether or not the earnest cash should be again (for instance, if the seller argues that the purchaser did not notify the seller in a well-timed manner of the cause to return out of the settlement), the escrow holder will hold to keep the earnest money till the dispute is resolved.
The two important factors for a legitimate sale escrow are a binding agreement/agreement between buyer and seller and the conditional shipping to an impartial third party of something of fee, as described, which generally consists of written gadgets of conveyance (provide deed) or encumbrance.
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Answer:
1,100 units
Explanation:
The computation of the units sales to achieve target operating income is shown below:
Unit sales is
= (Fixed expenses + target operating income) ÷ (contribution margin per unit)
= ($16,500 + $22,000) ÷ ($75 - $40)
= ($38,500) ÷ ($35)
= 1,100 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The price paid to each factor adjusts to balance the supply and demand for that factor. Because factor demand reflects the value of the marginal product of that factor, in equilibrium, each factor is compensated according to its marginal contribution to the production of goods and services.
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Explanation:</u></h3>
The incremental profit that is being earned for an additional single unit by subtracting the price of the product and all the variable cost that is associated with that product is the marginal contribution. It is the earnings that is obtained in total for paying all fixed expense and also for the profit generation.
The price that is spent for the every factor in order to adjust balancing the supply and demand of that particular factor. This is because of the reason that, the value of the marginal product of any factor is controlled by the demand factor. Thus in an equilibrium state there will be a compensation of each factor based on the marginal contribution to the production of goods and services.
Answer:
c. the dollar buys fewer euros. It will take more dollars to buy a good that costs 50 euros.
Explanation:
When a currency depreciates, it will decrease their value in relathinship wth the other currency.
This means the dollar will buy less euros.
This makes statment A and D FALSE.
If the dollar is worth less then, the amount of dollar required for a given amount (50) will be higher,
it takes more dollars to buy 50 euros of goods.
Option C is the only statment which express both situation.