1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
3 years ago
13

Mr. Brown has a real estate company and two branch offices. He goes to the main office on Mondays and Fridays, one branch office

on Tuesdays and Thursdays, and the other branch office on Wednesdays and Saturdays. He has no other managing brokers associated with him. Is this legal?
Business
1 answer:
Ymorist [56]3 years ago
7 0

Answer:

It is legal.

Explanation:

A broker is one who acts as an intermediary or agent of the principal and acts on his behalf. There is a tiny difference between real estate agent and a real estate broker even though both are agents. Real estate agents are licensed to seal

real estate transactions which they are paid

commissions(agent fees) for their sales and labour for

brokerages. Brokers are with more experience in the field and

qualified to work as independent agents or employ other agents who will work and be under their supervision. A person can work both as a principal and also as broker or agent depending on the individual's capability. Hence, the above description is legal.

You might be interested in
Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855
fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0
3 years ago
On December 31, 20X1, Ball Company leased a machine from Cook for a 10-year period, expiring December 30, 20Y1. Annual payments
hjlf

Answer:

<u>Therefore, the lease liability is $533,600 and the current liability is $46,640. </u>

Explanation:

4 0
3 years ago
​J&amp;A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi
rewona [7]

Answer:

1.37

Explanation:

Given that

Operating income = $45,900

Variable expenses = 10%

Fixed expenses = $17,100

The calculation of operating​ income is shown below:-

Contribution margin = Operating income + Fixed expenses

= $45,900 + $17,100

= $63,000

So, Operating leverage = Contribution margin ÷ Operating income

= $63,000 ÷ $45,900

= 1.37

4 0
3 years ago
Which of the following factors will cause the​ long-run aggregate supply curve to shift to the​ right?
dlinn [17]
D.All of the above
Because all of the above will cause it
6 0
3 years ago
British explicitly inhibited the development of what industry
liq [111]
British explicitly inhibited the development the coal industry.

England sparked the industrial revolution which changed the way things are made such as machinery(Engines) which was powered by coal.
5 0
3 years ago
Other questions:
  • Collins Landscape Company purchased various landscaping supplies on account to be used for landscape designs for their customers
    13·1 answer
  • In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a ca
    10·1 answer
  • 2. Someone looking to buy a franchise needs to consider the brand's failure rate. For
    6·1 answer
  • Which Internet technology allows businesses to make presentations and share visual aids such as charts and graphs?
    13·2 answers
  • Which statement best describes the distribution of the rate of natural increase?
    15·1 answer
  • Business level strategy addresses two related issues: what businesses should a corporation compete in and how can these business
    14·1 answer
  • In a small, closed economy, national income (GDP) is $ 600.00 million for the current quarter. Individuals have spent $ 250.00 m
    5·1 answer
  • Kingbird Company sells 290 units of its products for $18 each to Logan Inc. for cash. Kingbird allows Logan to return any unused
    12·1 answer
  • Answer the question on the basis of the following two schedules, which show the amounts of additional satisfaction (marginal uti
    13·1 answer
  • Ruby, a seventeen-year-old, purchases a car from Smitz Used Auto Sales and agrees to pay for it over a period of twenty-four mon
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!