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Marizza181 [45]
3 years ago
15

Toby, an Ohio real estate broker, misrepresented to Allen that Toby was licensed in Michigan under Michigan's statute regulating

real estate brokers. Allen signed a standard form listing contract agreeing to pay Toby a 6% commission for selling Allen's home in Michigan. Toby sold Allen's home. Under the circumstances, Allen is:
Business
1 answer:
Lorico [155]3 years ago
5 0
<span>Allen signed a standard form listing contract agreeing to pay Toby a 6% commission for selling Allen's home in Michigan. Toby sold Allen's home. Under the circumstances, Allen is Not liable to Tell for any amount because Tell violated the Michigan licensing requirements.</span>
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ProTech began business at the start of the current year. The company planned to produce 40,000 units, and actual production conf
Ulleksa [173]

Answer:

Net operating profit= $230,000

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>

<u></u>

<u>First, we need to calculate the unitary cost:</u>

Unitary production cost= 19 + (240,000/40,000)

Unitary production cost= $25

<u>Now, the income statement:</u>

Sales= 37,000*42= 1,554,000

COGS= (37,000*25)= (925,000)

Gross profit= 629,000

Total selling and administrative cost= (7*37,000) + 140,000= (399,000)

Net operating profit= $230,000

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3 years ago
Larry purchased a leisure lawnmower because the company salesperson intentionally misled him by assuring him that the mower was
dangina [55]
I think Larry could sue for misrepresentation about the true qualities of the lawnmower he was sold.In other words, finding out that his new lawnmower is not self-propelled, does not mulch and only has a 90 day instead of a 5 year warranty he is totally within his rights to sue in small claims court for his money back at least.
7 0
4 years ago
If my friend asks me for 20 dollars i said tommorow you have to give me 25. IS THIS BIG BRAIN
kumpel [21]

Answer:

kinda

Explanation:

You'll obviously expect a little interest .

If i were you though i'll give the person up to 3 days to pay back before adding a little interest to it.

PLEASE add your loving THANKS

8 0
3 years ago
We first knew them as the cute, loving characters on Full House, but today Mary-Kate and Ashley Olsen are not only the character
kotykmax [81]

Answer:

Licensing

Explanation

Licensing is a contractual agreement whereby one company (the licensor) allows another company to use its trademark for products and services offered by this company (licensee) for a royalty or fee and here royalty was received for the use of name.

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3 years ago
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mixas84 [53]

Answer:

I'm pretty sure its (A)

Explanation:

5 0
2 years ago
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