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sertanlavr [38]
3 years ago
10

Designated Broker Ron wants to open a separate escrow account for each transaction he is involved in. Is this legal?

Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

Yes it is legal.

Explanation:

Escrow accounts are account in which funds are accumulated for specific disbursements. According to my research on the different requirements and limits on escrow accounts, I can say that based on the information provided within the question what Ron is trying to do is completely legal. This is because there is no legal limit on the number of escrow accounts a broker can have.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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It is True that listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror

<h3>Who is a Listing Broker?</h3>

A listing broker helps property owners with the listing, marketing, and sale of their property. Listing brokers can work with commercial property owners as well as residential property owners, such as primary residences or vacation homes. Listing agents assist sellers with a range of responsibilities, including:

  • Putting the house on the market
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  • Choosing a reasonable selling price for the property

To learn more about Listing Broker from the given link

brainly.com/question/28076625

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3 0
1 year ago
Protsky Inc. paid a dividend of $2.20 per share this year. The dividend growth rate for Protsky's dividends is 3 percent per yea
charle [14.2K]
Your answer is eight
5 0
3 years ago
Suppose that a company needs new equipment, and that the machinery in question earns the company revenue at a continuous rate of
julia-pushkina [17]

Answer:

a-The present value of revenue in the first year is $61,085.92.

b-The total time it would take to pay for its price is 2.44 years of 29.33 months.

Explanation:

a-

Let the function of the revenue earned is given as

S(t)=\left \{ {{66000t+38000} {\ \ 0The present value is given as [tex]PV=\int\limits^a_b {S(t)e^{-rt}} \, dt

Here

  • a and b are the limits of integral which are 0 and 1 respectively
  • r is the rate of interest which is 5% or 0.05
  • S(t) is the function of value which is S(t)=\left \{ {{66000t+38000} {\ \ 0So the equation becomes[tex]PV=\int\limits^0_1 {S(t)e^{-0.05t}} \, dt\\PV=\int\limits^{0.5}_0 {(66000t+38000)e^{-0.05t}} \, dt+\int\limits^{1}_{0.5}{(71000)e^{-0.05t}} \, dt\\PV=\int\limits^{0.5}_0 {(66000t)e^{-0.05t}} \, dt+\int\limits^{0.5}_0 {(38000)e^{-0.05t}} \, dt+\int\limits^{1}_{0.5}{(71000)e^{-0.05t}} \, dt\\PV=8113.7805+18764.4669+34207.6751\\PV=61085.9225

    So the present value of revenue in the first year is $61,085.92.

    b-

    The time in which the machine pays for itself is given as

    PV=\int\limits^0_1 {S(t)e^{-0.05t}} \, dt+\int\limits^t_1 {S(t)e^{-0.05t}} \, dt\\PV=61085.9225+\int\limits^{t}_{1}{(71000)e^{-0.05t}} \, dt

    The present value is set equal to the value of machine which is given as

    $160,000 so the equation becomes:

    PV=61085.9225+\int\limits^{t}_{0}{(71000)e^{-0.05t}} \, dt\\160000=61085.9225+\int\limits^{t}_{0}{(71000)e^{-0.05t}} \, dt\\\int\limits^{t}_{0}{(71000)e^{-0.05t}} \, dt=160000-61085.9225\\\int\limits^{t}_{1}{(71000)e^{-0.05t}} \, dt=98914.07\\\\t=-\dfrac{\ln \left(0.93034\right)}{0.05}\\t=1.44496

    So the total time it would take to pay for its price is 2.44 years of 29.33 months.

6 0
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Answer:

¥114.96/€

Explanation:

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In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€

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A disadvantage of the corporate form of business entity is
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A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

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