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Anna [14]
3 years ago
5

Todd is a licensed real estate broker in Ohio. One of Todd's largest clients, Sun Corp., contracted in writing with Todd to find

a purchaser for its plant in New York and agreed to pay him a 6% commission if he was successful. Todd located a buyer who purchased the plant. Unknown to Todd, New York has a real estate broker's licensing statute which is regulatory in nature, intended to protect the public against unqualified persons. Todd violated the licensing statute by failing to obtain a New York license. If Sun refuses to pay Todd any commission and Todd brings an action against Sun, he will be entitled to recover:
Business
1 answer:
ankoles [38]3 years ago
3 0

Answer:

Todd will be entitled to recover NOTHING

Explanation:

Since we were told that Sun Corp contracted in writing with Todd to help him find a purchaser or buyer for its plant that was located in New York on an agreed commission of 6% if he was successful in finding a purchaser in which after Todd have located a buyer for Sun Corp plant , Todd failed to follow New york due process concerning New york real estate brokers licensing statute by failing to obtain the license reason been that New York has licensing statute for all real estate broker's, this means that If Sun Corp refuses to pay Todd the 6% commission and Todd brings an action against Sun for failing to pay him the commission, Todd will be entitled to recover NOTHING from Sun Corp because he violated New york licensing statute by failing to obtain the license either before or after finding the purchaser of Sun Corp plant.

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Mashcka [7]
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
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3 years ago
Navy core values, though fundamental to Naval operations, are overlooked in a TCRM situation. A ) True B ) False
pshichka [43]

Answer:

The correct answer is B) False.

Explanation:

The values of the army must always be taken into account, because they are the fundamental pillar of the institution. Any task or function that is performed in it, must be in accordance with those values, since otherwise it would be going in reverse to its missionary task.

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3 years ago
Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price
Novay_Z [31]

Answer:

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Explanation:

The computation is shown below:

For land

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $126,000 ÷ $900,000

= $140,840

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= Total purchase price × appraisal value of building ÷ total appraisal value

= $1,006,000 × $456,000 ÷ $900,000

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For machinery

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $318,000 ÷ $900,000

= $355,453

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= $1,000,000 + $6,000

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3 0
3 years ago
QUESTION 5 of 20: You plan to put anti-theft devices on each garment in your store. You have 575 garments and it takes an employ
Aleksandr [31]

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1.6

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7 0
3 years ago
What is the difference between a direct distribution channel and an indirect
AveGali [126]

The use of intermediaries is the primary difference between the two.

Explanation:

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The contact between the two is direct.

To the contrary in an indirect  distribution channel there is no direct connection between the manufacturer and the person who is actually buying the product and the business is being mediated by the middlemen.

8 0
3 years ago
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