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Zanzabum
3 years ago
10

Larry decided to relocate to Germany. Larry hired Happy Homes, Inc. to find a buyer and contract for the sale of his house in th

e U.S. The agency relationship between Larry and Happy Homes must be evidenced with a written agreement.True / False.
Business
2 answers:
Dominik [7]3 years ago
4 0

Answer:

True

Explanation:

The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.

So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.

cheers.

Elina [12.6K]3 years ago
4 0

Answer: true

Explanation: it must be evidenced with a written agreement to ensure that Larry and happy homes came to agreement and their transactions has a legal binding

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Proper marketing objectives have required elements to make them effective. Which of the following is the best example of how a m
Alinara [238K]

Answer:

the answer is c) To increase awareness by 20% in the next year

Explanation:

The objectives in the business and companies in the world, in this case marketing need to have a quantifiable goal and  estimated time of duration, in this case the option a)  doesn't have a number that measure the percentage of the market share, and in the option b) doesn't have an estimated time for example one year or  10 months. Due that the option c) accomplish with the two conditions the answer is c)

3 0
3 years ago
You recently purchased a stock that is expected to earn 10 percent in a booming economy, 4 percent in a normal economy, and lose
serious [3.7K]

Answer:

b. 3.70 percent

Explanation:

Expected rate of return of a stock, given probabilities,  is calculated by summing up the product of probability of each state occurring by the expected return of the stock should that happen.

Expected rate of return = SUM (probability *return)

Boom;(probability* return) = (0.15* 0.10) = 0.015 or 1.5%

Normal ;(probability* return) = (0.70* 0.04) = 0.028 or 2.8%

Recession ; (probability* return) = (0.15* -0.04) = -0.006 or -0.6%

Next, sum up the expected return for each state of the economy to find the expected rate of return on this stock;

= 1.5% + 2.8% -0.6%

= 3.7%

Therefore, the correct answer is choice B.

4 0
3 years ago
Think of the market for loanable funds. A policy that induces people to save more or that reduces the governmet's budget deficit
Lisa [10]

Answer:

shifts the supply of loanable funds and reduces interest rates.

Explanation:

The supply and demand curves of money (loanable funds) work in the same way as every other good or service. When the supply of a good or service increases, the supply curve shifts to the right, increasing total quantity supplied and decreasing equilibrium price. When we are talking about loans, the equilibrium price is the interest rate.

8 0
3 years ago
About 1.4 billion pounds of​ American, cheddar and other kinds of cheese is socked away at​ cold-storage warehouses across the​
Bogdan [553]

Answer: See explanation

Explanation:

Since the cheese companies are paying to store their excess cheese in hopes demand and prices will improve, then this will bring about the reduction in the supply of cheese in the market but the demand for cheese will still be constant.

Due to the fact that there is shortage of supply, the supply curve will shift leftward and as a result of this, the price if cheese will increase and the quantity demanded by the customers will then decrease as a result of price increase.

4 0
3 years ago
Suppose Compco Systems pays no dividends but spent $ 4.92 billion on share repurchases last year. If​ Compco's equity cost of ca
RUDIKE [14]

Answer:

$144.81 bil or $22.99 per share

Explanation:

We can apply discounted dividend model (DDM) to value the stock in this example because share repurchase is equivalent to cash dividend, which are both cash paid out to shareholders of the company.

DDM is stated as below:

V_o = [D_o x (1 + g)]/(r - g), where:

V_o: Intrinsic value of the company

D_o: Current dividend or Share repurchased in cash;

g: Dividend growth;

r: cost of equity.

Putting all the number together, we have:

V_o = [4.92 x (1 + 8.9%)]/(12.6% - 8.9%) = 144.81 bil or 144.81/6.3 = 22.99 per share

4 0
4 years ago
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