The broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
<h3>What is earnest money?</h3>
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.
Hence, the broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
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It is used to help run your company with a more cohesive vision. You will have a greater chance to improve for success.
Answer:
Correct answer is (a)
Explanation:
Low income countries that have adopted institutions and policies consistent with economic freedom have grown rapidly
When the country policies are congruent and consistent, the institutions tends to be stable and in turns gross development increases geometrically.
Answer:
left if the rise in nominal wages is larger than the rise in productivity
Explanation:
Aggregate supply curve shows all goods and services that is supplied to consumers during a particular period in a particular country.
Movement along aggregate demand curve is as a result of price, however a shift in the curve results from othe factors such as income, taxes, cost of input, and so on.
Increased wages will lead to reduction in aggregate supply because the cost of input (labour) has increased. So supplies will be able to produce less at the higher cost.
A rise in productivity will result in increase in output per unit time. So more will be produced.
If the rise in wages is higher than those in productivity it will result in a shift to the left. That is products will be supplied at less quantity than before. This is as a result of more cost on the supplier.
