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MA_775_DIABLO [31]
3 years ago
8

Your representing crystal in the purchase of a house. Crystal has a trust fund and can more than afford the house which she’s ma

de an offer. Which of these statements is true?
Business
1 answer:
Travka [436]3 years ago
7 0

Answer:

Your duty of confidentiality to your client dictates that you not disclose your client's financial situation to the seller.

Explanation:

In this case, your client (Crystal) is very wealthy or at least has a lot of money to spend on a house. But you have a duty with her to not reveal that she is very wealthy and could pay a higher price for the property.

Many times wealthy buyers hire agents that do not disclose who their principal is or only partially disclose their identity because they fear that the selling party might want to increase the price of the property if they knew who was interested in it.

E.g. you have 1,000 acres of land and wish to sell it, and someone from Disney came in and told you they were looking for a new place to build a theme park. If you were willing to sell your land at let's say $2 million before, the moment you hear Disney the price goes up to $10 million at least.  

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Tom, Mary and Jill have apartments in the same building. A security system for their building costs $750. Tom is willing to pay
SSSSS [86.1K]

Answer: The efficient outcome is to have the security system installed. After the meeting the security system will <em><u>be installed</u></em>, which illustrates the <em><u>free rider problem.</u></em>

Free rider is the burden on resource which is been shared, the problem is created by its usage or over-exploitation by individual who aren't paying their fair share.

∴ Here Tom is a free rider. i.e. He is willing to pay $100 where he should've paid $250.

3 0
3 years ago
Derek is launching his career with a job as a human resource assistant. he wants to earn certifications that will help him demon
34kurt

The answer is<u> "The Society for Human Resource Management and HR Certification Institute".</u>


While investigating prerequisites for resource management jobs, it before long ends up obvious that HR confirmation is rapidly moving from being liked to being required. This is an indication that associations, regardless of whether in the for-benefit or non-benefit part, are seeing proficient accreditation with an expanding level of regard.  

In fact, HR certification is currently observed as a central expansion to any HR expert's resume, especially as the present experts in human asset administration confront complex difficulties, for example, an absence of qualified ability and the globalization of business.  

There are a number of nationally recognized human resources designations, including:

Society of Human Resource Management (SHRM)

3 0
3 years ago
Given the following probability distribution:
tamaranim1 [39]

Answer:

4

Explanation:

4 probability = value of function,. F(3) = P(Y < 3) = 5/12 x. 0. 1. 2 ... The expected value or mean of random variable X is given by. µ = E(X) =.

4 0
3 years ago
Why do governments regulate natural monopolies?
ss7ja [257]

The government may wish to regulate monopolies to protect the interests of consumers. For example, monopolies have the market power to set prices higher than in competitive markets. The government can regulate monopolies through price capping, yardstick competition and preventing the growth of monopoly power.

7 0
3 years ago
Read 2 more answers
Use "auto.Dta". The study claims that average price of foreign cars is more than average price of domestic cars. Check validity
Lynna [10]

Answer:

Yes.

Explanation:

Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.

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3 years ago
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