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scZoUnD [109]
3 years ago
13

A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p

roduced a buyer who offered a full price 100% cash offer. Would the broker be due a commission?
Business
1 answer:
Mashutka [201]3 years ago
8 0

Answer:

The correct answer is  - No,

Explanation:

The correct answer is  - No,

The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.

Therefore the owner wouldn't consider the broker and didn't due broker commission.

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ABC Software is a producer of educational software for children below the age of twelve. The company has operations in Switzerla
igomit [66]

Answer:

Would not exercise its currency option

Explanation:

Currency options are one of the most common ways for corporations , individuals or financial institutions to hedge against adverse movements in exchange rates.

A currency option is a contract that gives the buyer the right , but not the obligation, to buy or sell a certain currency at a specified exchange rate on or before a specified date.

5 0
3 years ago
Read 2 more answers
jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction
Irina-Kira [14]

Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.

Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.

7 0
1 year ago
The current value of a property is $60,000. For real estate tax purposes, the property is assessed at 30 percent of its current
Damm [24]

Answer:

Explanation:

Given:

Current value, C = $60000

Assessed value, A = 30 percent of its current value

= 30% × C

Equalisation factor, E = 1.25

The tax rate is $4 per $100 of assessed valuation.

Assessed value, A = 30/100 × 60000

= $18000

Total assessed valuation = assessed value × E

= $18000 × 1.25

= $22500

Tax rate of $4/$100 × assessed valuation

Tax amount = tax rate × assessed valuation

= ($4 × $22500)/$100

= $900

4 0
3 years ago
The selling price of the company’s product is $22 per unit. Management expects to collect 75% of sales in the quarter in which t
tia_tia [17]

Answer:

good luck

Explanation:

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7 0
3 years ago
A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer
stealth61 [152]

Answer:

Increased by $50,000

Explanation:

When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.

Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0
3 years ago
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