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Serhud [2]
3 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]3 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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College education provides higher income for the individual but also a more productive and more educated person who will contrib
kakasveta [241]

Answer:

a) a positive externality

Explanation:

Higher education is a clear example of a positive externality. This is because producing highly educated individuals provides a large number of benefits to the overall society that was not part of creating this college graduate, therefore being a third-party but still benefiting from this scenario. The benefits that a highly trained and educated individual can bring to a society is huge and affects different areas such as architecture, economics, society wellness, etc.

4 0
3 years ago
Kartman Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standar
In-s [12.5K]

Answer:

$965 Unfavorable

Explanation:

The calculation of variable overhead rate variance for June is given below:-

Variable overhead rate variance = Actual variable overhead cost - (direct labor-hours × Variable overhead Standard rate

$11,861 - (2,420 × $5.30)

= $11,861 - $12,826

= $965 Unfavorable

Therefore for computing the variable overhead rate variance for June we simply applied the above formula.

6 0
3 years ago
Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the sect
trapecia [35]

Answer:

1. Budget.

2. Financial goals.

3. Competition.

4. Marketing message.

5. Other marketing goals.

6. Brand image goals.

7. Product description.

8. Pricing.

9. Marketing research.

10. Promotional strategies.

Explanation:

1. <u>Budget</u>: The amount you plan to spend on each promotional strategy.

2. <u>Financial goals</u>: The number of sales you plan to have in the next year.

3. <u>Competition</u>: Strengths and weaknesses of other companies that provide similar products.

4. <u>Marketing message</u>: The message about your product's benefits that you plan to convey to your target market.

5. <u>Other marketing goals</u>: The percentage of customers who say they are highly satisfied in your customer profile survey.

6. <u>Brand image goals</u>: The qualities you want to have people associate with your product.

7. <u>Product description</u>: A list of the product's features.

8. <u>Pricing</u>: How the cost of your product will support your brand image and marketing message.

9. <u>Market research</u>: A description of general economic trends and how they are likely to affect the target market.

10. <u>Promotional strategies</u>: Ways you will communicate with your target market.

4 0
3 years ago
Read 2 more answers
Stear Corp. Purchases goods on credit for $2,000. It records this transaction in the journal. It then returns a quarter of these
mafiozo [28]

Answer:

Journal entries:

Explanation:

For recording the purchase of goods of credit

Inventory dr. 2000

Accounts payable cr. in the name of the vendor 2000

For recording the return of goods purchased

Account payable dr. in the name of the vendor 2000

Inventory cr 2000

7 0
3 years ago
Ethan is a young salesperson who has conversations with his customers in an attempt to establish and maintain good relationships
Alecsey [184]
In this scenario, Ethan<span> is engaging in a sales dialogue. Sales dialogue is a series of talks between the buyers and sellers. This would usually take place over time in order to build relationships. The purpose of this dialogue is to determine whether the prospect customer should b</span>e targeted. This dialogue would also help to clarity the prospect's situation. It would also help the seller to discover the prospect's needs and requirements in transacting the business. <span> </span>
7 0
3 years ago
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