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ValentinkaMS [17]
3 years ago
12

Licensees are responsible for paying the costs of legal document preparation when they are preparing such documents for their cl

ients. If the broker delegates this function to an agent (title company or closing service), who is responsible for bearing the cost?
Business
1 answer:
Blababa [14]3 years ago
5 0

Answer:

The broker is responsible for bearing the cost.

Explanation:

The licensees are responsible for paying the costs of legal document preparation even if the documents were prepared by an agent. The broker may delegate the work but the responsibility cannot be delegated, and it is their responsibility to pay for these costs.

The only exception to this rule can happen when the legal documents are prepared by an attorney that represents the parties involved in the transaction.

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Budgeted material-handling costs are $50,000. The material-handling cost per wall mirror under ABC is: $2,000. $1,000.
zlopas [31]

Answer:

the  material handling cost per wall mirror is $500

Explanation:

The computation of the material handling cost per wall mirror is as follows;

= Budgeted material-handling costs ÷ material moves × moves ÷ number of wall mirrors

= $50,000 ÷ 20 × 5 ÷ 25

= $500

Hence, the  material handling cost per wall mirror is $500

The same is to be considered

4 0
3 years ago
A father and his son are celebrating the father's 75th birthday. Drink for drink, who will most likely have a higher BAC ?
Temka [501]
The one who will most likely have a higher BAC is the father because a person who is older will most likely have the higher BAC, as the father is already seventy five and much older to his son, he will be therefore have a higher BAC compared to his son.
4 0
3 years ago
Read 2 more answers
During your investigation you found the effective dates on stock options were deliberately changed for the purpose of securing e
Kitty [74]

Backdating is when the effective dates on stock options were deliberately changed for the purpose of securing extra pay for management.

Backdating is the practice of amending the date of a contract, a legal document, or a cheque to a preceding date. changing the date on this sort of record to misrepresent any data makes this practice unlawful in some cases.

Backdating is the practice of marking a cheque, settlement, or other legally binding settlement with a date this is prior to the contemporary date. Backdating is typically no longer allowed and even can be illegal or fraudulent in a few conditions.

And public organizations responsible for backdating may additionally violate federal securities disclosure and reporting necessities, exposing themselves to regulatory or criminal investigations as well as securities fraud litigation. If you decide to award backdated stock options, touch us about a way to do it in the right manner.

Learn more about contract here brainly.com/question/5746834

#SPJ4

3 0
1 year ago
Suppose that there are three beachfront parcels of land available for sale in Asilomar and six people who would each like to pur
poizon [28]

Answer:

When the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

Explanation:

Bob 620,000

Sean 750,000

Yvette 660,000

The people that will buy one of the three beachfront parcels are Bob, Sean and Yvette because they are the ones willing and has the ability to purchase the beachfront parcel of land available for sale in Asilomar.

Cho, Eric and Gianny may as well have the desire to own the beachfront land in Asilomar, but they do not have the ability to pay the selling price.

Therefore when the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

3 0
3 years ago
Marlene has been living in her $120,000 home for 31 years. Because she has paid off the mortgage, she decides to save some money
Ksju [112]

Marlene will receive $5,000 in the insurance settlement.

<h3>What is an insurance settlement?</h3>

An insurance settlement is an indemnity or compensation that the insurance company pays to the insured to settle an insurance claim according to the insurance policy guidelines.

<h3>Data and Calculations:</h3>

Property value = $120,000

Homeowner's coverage = $40,000

Estimated damage = $12,000

Standard coinsurance requirement threshold = 80%

Expected insurance coverage = $96,000 (120,000 x 80%)

Co-insurance penalty = 41.67% ($40,000 / $96,000 x 100)

Indemnity  = $5,000 ($12,000 x 41.67%)

Thus, Marlene will receive $5,000 in the insurance settlement.

Learn more about insurance indemnity at brainly.com/question/8025172

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8 0
2 years ago
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