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Serhud [2]
4 years ago
8

An escrow account is:A. always under the jurisdiction of the brokerB. beyond the control of either party to the escrowC. always

under the control of the title companyD. under the control of the seller
Business
1 answer:
AURORKA [14]4 years ago
8 0

Answer: B - beyond the control of either party to the escrow

Explanation: An Escrow account is a legal term used where funds are held in trust whilst two or more parties complete a transaction.

An Escrow is a trusted third party that will be in custody of the funds during the cause of the transaction and will be the one to pay the merchant   after all the escrow agreement are fulfilled.

Escrow account reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied. It apply mainly to real estate transactions.

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What is the difference between gross pay and net pay?
fiasKO [112]
I think it is B please put me brainless answer if I got it right
6 0
2 years ago
The _______ has developed privacy principles for its members to impose constraints upon themselves in order to not infringe on t
Neporo4naja [7]

The answer is organization.

<h3>What is the organization?</h3>
  • An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union. The term "organization" can describe a person, a group, a company, or the process of creating or developing anything.
  • For instance, a corporation, a club, a charity, or a political party. According to an International Labour Organization report, the majority of these specialist schools are offered by nonprofit groups. Synonyms: group, company, party, body Additional words for the organization
  • The organization includes task alignment with respect to the company's ultimate aim and the division of labor among personnel. It can also be referred to as the second-most significant managerial activity, coordinating employee efforts, acquiring resources, and fusing the two in support of organizational objectives.
  • The four primary types of business entities are the LLC, the corporation, the partnership, and the sole proprietorship. Each of them is described in more detail below, along with how it relates to company law.

The organization has developed privacy principles for its members to impose constraints upon themselves in order to not infringe on the rights of the consumers.

To learn more about organization, refer to:

brainly.com/question/19334871

#SPJ4

3 0
2 years ago
Suppose the United States maintains a price floor for spinach. This policy might decrease revenues for spinach farmers if the: m
soldi70 [24.7K]

Answer:

Demand for spinach is elastic.

Explanation:

The price floor, which is maintained by the United States, is the minimum price for selling the goods. This price is set above the equilibrium price, which results in excess supply while demand for the same goods remains constant.

Since the prices for spinach cannot be set lower than the price floor and the policy is decreasing the revenue output for spinach farmers then this probably means that the prices are set too high which has decreased the demand for spinach. This means that the demand for spinach is elastic.

4 0
3 years ago
Beverly works at a specialty kitchen store. The manufacturer of a brand of gourmet mustard that is sold through her store pays h
Leto [7]

Answer: A spiff

Explanation:

Spiff is actually a form of slang to refer to someone who receives an incentive for selling an item to customers on behalf of a vendor. This motivates the seller to push the vendor's items (sell them) onto its (seller's) customers. The incentive usually comes in the form of a bonus and is paid out immediately.

In this question the gourmet mustard manufacturer is the vendor, and Beverly is the seller. Beverly receives $1 for every jar of mustard she sells, which is the bonus. This motivates her to keep selling these jars on behalf of the manufacturer (vendor). This payment is immediate, as she receives it everytime she sells a jar of mustard.

5 0
3 years ago
Equipment costing $40,000 with a salvage value of $8,000 and an estimated life of 8 years has been depreciated using the straigh
kaheart [24]

Answer:

The equipment originally cost 40,000 and has a salvage value of 8,000, which means that the amount that can be depreciated is 32,000. It has a life of 8 years and follows a straight line method so the yearly depreciation would be 32,000/8= 4,000.

The depreciation for the first 2 years is 4000*2= 8,000

So the book value of the asset is 40,000-8000= 32,000

Since according to the new estimate the total life is 5 years, and 2 years have already passed the remaining life of the asset is 3 years. Also since there is no change in salvage value the amount that can be depreciated is 32,000-8,000= 24,000

To find out the deprecation in year 3 we will divide 24,000 by the reaming life which is 3.

24,000/3= 8,000

The depreciation expense in year 3 would have been $8,000  

Explanation:

6 0
3 years ago
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