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VikaD [51]
2 years ago
14

In the course of selling a home to a buyer, a broker told the buyer that the home's foundation was "solid as a rock", when he kn

ew for a fact that it was slowly sinking into the landfill on which it was built. In this situation, the broker's conduct would be BEST defined as a
Business
1 answer:
mash [69]2 years ago
8 0

Answer:

willful misrepresentation

Explanation:

Willful misrepresentation is an intentional act or misrepresentation of facts with an intent to deceive. It is an intentional action taken by one party, which constitutes a breach of representation with an intent or act to mislead the other party to whom such representation was made.

The above scenario is an example of wilful misrepresentation because the broker knew that the foundation of the house was faulty but willfully misrepresented fact by telling the buyer that the home's foundation was 'solid as rock'.

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Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Dri
RUDIKE [14]

Answer:

Attached is the complete questions containing the missing variables:

The activity rates for each activity are stated thus:

Cutting activity rate =$24/cutting hour

Assembly activity rate =$40/ assembly hour

Inspecting activity rate =$20/ inspecting hour

Reworking activity rate=$75/reworking hour

Explanation:

Cutting activity rate =$225600/(4000+5400)=$24/cutting hour

Assembly activity rate =$300000/(2850+4650)=$40/ assembly hour

Inspecting activity rate=$67500/(945+2430)=$20/ inspecting hour

Reworking activity rate=$45000/(150+450)=$75/reworking hour

Obviously you did not include the overheads incurred for each activity in your question,but I have the overhead for each activity in the attached full question with which I computed the required overhead activity rates

Download xlsx
6 0
3 years ago
Read 2 more answers
Alvin Hughes has selected a selling technique in which he has more control over the amount of the conversation between buyer and
trasher [3.6K]

Answer:

The sales presentation technique which Hughes is using is Memorized.

Explanation:

Here, it is given that Hughes has selected  a technique in which he has a control over the conversation between the buyer and seller.

So, this type of sales presentation is known as memorized sales presentation.

Sales presentation are of different types:

  • Webinars
  • Seminars
  • Full sales presentation
  • Business presentation
  • The elevator pitch  nd some more.

Sales conversation: This term is commonly used inside sales.

      It is also referred as call conversation between two or more people in an organisation.

Memorized sales presentation: In this type of sales presentation we can approach to our customers by memorizing all of the terms we have to speak about our product to the customers.

It is also known as problem-solution selling.

6 0
3 years ago
"interest payments are payments made – current owners of –. because these payments are determined by the level of government – a
lorasvet [3.4K]
To
US Treasury bonds
debt
not readily
mandatory
5 0
3 years ago
Read 2 more answers
Mary Co. paid dividends of $5,000, $6,200, and $8,000 during Year 1, Year 2, and Year 3, respectively. The company had 1,700 sha
Monica [59]

Answer :

Amount of dividend paid =$1,350

Explanation :

The computation is shown below:

As per the data given in the question,

Dividend per year for preferred stock = $1700 × $100 × 3.5%

= $5,950

Particulars                   Year 1          Year 2                  Year 3

Preferred dividend     $5,000         $6,200                $6,650

                                                                                 ($700+$5,950)

Preferred dividend in arrears $950  $700

                                     ($5,950-$5,000)  ($5,950+$950-$6,200)

Therefore dividends for common shareholders is

=  $8,000 - $6,650

= $1,350

4 0
3 years ago
Statement of retained earnings   Hayes Enterprises began 2019 with a retained earnings balance of $ 928 comma 000. During 2019​,
Temka [501]

Explanation:

a. The preparation of the statement of retained earnings for the year ended December​ 31, 2019 is presented below:

                                                   Hayes Enterprises

                                          Statement of retained earnings

                                For the year ended December​ 31, 2019

Beginning balance of retained earning $928,000

Add: Net income $377,000

Less: Cash Dividend paid

Preference stock dividend -$47,000

Common stock dividend $210,000

Ending balance of retained earning       $1,048,000

The common stock dividend is

= $928,000 + $377,000 - $47,000 - $1,048,000

= $210,000

b. The earning per share is

Earning Per share = (Net income - Preferred Dividends) ÷ (Average Common shares outstanding)

= ($377,000 -$47,000) ÷ (140,000 Shares)

= $2.36 per share

C. Dividend per share = Common Stock dividend ÷ Common Shares outstanding

= $210,000 ÷ 140,000 shares

= $1.50

8 0
3 years ago
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