1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
3 years ago
7

A real estate broker takes an exclusive right to sell listing from a seller for $400,000. A buyer makes an offer for $375,000, w

hich the seller accepts. Before the sale closes, the buyer discovers that the broker misrepresented the square footage of the home. Based on this information, the purchase contract is probably:
Business
1 answer:
LuckyWell [14K]3 years ago
5 0

Answer:

Based on this information, the purchase contract is probably <u>Void/Voidable</u> under the Truth in Lending Act (TILA) of 1968 is a United States

You might be interested in
Mason Corporation had $1,150,000 in invested assets, sales of $1,228,000, income from operations amounting to $226,000, and a de
ohaa [14]

Answer:

b.1.07

Explanation:

Investment turnover ratio determines the times when the portfolio of investment is sold during a particular period of time e.g Monthly, Annually, etc. The higher turnover results in more commission earned by the broker who is selling the portfolio.

Investment Turnover = Sales / Invested Assets

Investment Turnover = $1,228,000, / $1,150,000

Investment Turnover = 1.067826

Investment Turnover = 1.07 ( Rounded off to 2 decimals places )

6 0
3 years ago
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro
Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0
3 years ago
Exercise 5-10 Lower of cost or market LO P2 Martinez Company's ending inventory includes the following items. Product Units Cost
zysi [14]

Answer:

Martinez Company

Ending inventory is:

= $8,806.

Explanation:

a) Data and Calculations:

Product       Units   Cost per Unit   Market per Unit

Helmets       27             $ 55                   $ 59

Bats             20                 83                      77

Shoes           41               100                      96

Uniforms     45                 41                       41

Lower of cost or market value Valuation:

Product       Units   Cost per Unit   Market per Unit     LCM

Helmets       27             $ 55                   $ 59               $1,485

Bats             20                 83                      77                1,540

Shoes           41               100                      96               3,936

Uniforms     45                 41                       41                1,845

Total cost of ending inventory                                    $8,806

4 0
2 years ago
A city sells $15 million of general obligation bonds on October 1, 2019. The bonds mature at the rate of $1 million a year each
alexgriva [62]

Answer:

The multiple choices are:

a.$15,000,000

b.   $14,000,

c.    $13,750,000

d.   $0

The correct option is D,$0

Explanation:

The city by all standards should have adopted a modified accrual basis of accounting where amounts owed in terms of principal and interest payments are not recorded in the necessary books of accounts until they become due.

As at 30,2020,the amount due in respect of the loan has been recorded and paid off,hence as at 31st December,2020,no amount is due in respect of the general obligation bonds issued,hence no recording would be effected until next obligation date when the amount to be paid is due

4 0
3 years ago
Terral prime, an auditing firm, purchases a management information system called alpha duo. most of terral's employees are unfam
gogolik [260]
The answer to this question is a Request for Proposal. The request for proposal or RFP is a document requested and being sent to various suppliers / sub-contractors in order to present their company's services and cost of goods or services. It is also a document that is presented thru a bidding process in order to get the project from a certain company.
8 0
3 years ago
Other questions:
  • Danny is using the menus for the first time. In six to eight sentences, give Danny directions about what he needs to know about
    5·1 answer
  • If you think that your bill is wrong, you should first: A. contact the local credit bureau and inform it of the billing error. B
    5·1 answer
  • Why do pre construction and design specialists typically take an interdisciplinary to their work
    12·1 answer
  • As a person receives more of a good, the _______________ from each additional unit of the good declines.
    11·1 answer
  • How has the steam engine changed over time?
    14·1 answer
  • Errol works for Food Packing Company. Errol’s supervisor Gwen writes a negative review of Errol’s performance. Gwen believes the
    6·1 answer
  • Identify at least one cost and one benefit of using fiscal policy as a tool to pursue the goal of economic growth. Short respons
    7·2 answers
  • Stock X has a standard deviation of return of 10%. Stock Y has a standard deviation of return of 20%. The correlation coefficien
    7·1 answer
  • PROBLEM 5 You have to design the system interconnection network of a multicomputer system. Your choices are to use an Omega or a
    13·1 answer
  • It is a business venture by two or more people​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!