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aleksklad [387]
3 years ago
6

A broker has placed his own funds in the trust account along with the funds of several clients. He has written records of all fu

nds in the account. The broker has paid some office expenses out of the account in an amount exceeding his own deposit. The broker is guilty of____________.
Business
1 answer:
Studentka2010 [4]3 years ago
4 0

Answer: Conversion

Explanation:

Guilty of conversion is basically an unlawful act where an individual has exerted over another person's property without the consent of that person. Over here the broker has used funds to pay his office expenses. But that funds were not just his, it was of other people as well. Moreover, the funds he took out was more than the funds he actually contributed into the trust. Meaning he took portions of other people's funds as well as taking it without consent. Therefore, the broker is guilty of conversion.

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Overfishing occurs when more fish are removed from an ecosystem than can be maintained by the population,

Overfishing can lead to significant population declines in economically important species. The passage describes

additional impacts of overfishing on populations.

pressure affects

salmon fishery of

and 1970s, pink

n this fishery were

ihile allowing

nd 1974, the

inland spawning

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8 0
3 years ago
1. When the quantity supplied is larger than the quantity demanded.: When the quantity supplied is larger than the quantity dema
ASHA 777 [7]

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1. b.Excess Supply

2. e.Equilibrium Quantity

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7 0
2 years ago
The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period
bulgar [2K]

Answer:

a. 3,760

Explanation:

The computation is shown below:

Period     Demand    Weight    Demand × weight

1               3,500         0.15        525

2              3,800         0.20        760

3              3,500         0.25        875

4              4,000         0.40        1,600

Total                                          3,760                      

We simply multiplied the demand with the weight to get the total.        

4 0
3 years ago
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