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
dezoksy [38]
3 years ago
11

A broker took earnest money from a buyer. He deposited the money in the trust account, but when his electric bill was due, the b

roker deposited the buyer's money into the broker's business account. What is this action called?
Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

"Conversion"

Explanation:

A Broker received the enthusiastic capital of a buyer. He dropped the capital in particular Trust account, although when his electric bill remained due, the Broker dropped the buyer's capital toward the Broker's business account. This action is introduced as "Conversion." <u>Conversion</u> indicates money taking this should be handled in escrow for the parties as well as utilizing the money for that broker's private requirements (such as managing money). This is an unlawful act. So, hence in the given statements, the Broker does an action that signifies conversion.

You might be interested in
Explain why supply and price are positively related
pishuonlain [190]

Answer:

see below

Explanation:

A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

6 0
3 years ago
What are renewable energy sources?
Molodets [167]

Energy sources that will never run out. Such as, light, air, and water. But it can be ruined. I didnt Google any of this. Please give me brainliest, I just need one more to lvl up!

3 0
3 years ago
Read 2 more answers
Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a vetera
marshall27 [118]

Answer: B2B

Explanation:

Based on the information given, we can infer that the interaction of the employee with ASI is an example of B2B..

Business-to-business simply means a form of transaction that is done between businesses, such as between a manufacturer and the wholesaler. It doesn't take place between the producer and the consumer.

7 0
3 years ago
Which of the following is not one of the eight recognized consumer rights? a. right to the satisfaction of basic needs b. right
Elis [28]

B. Right to simplicity

8 0
3 years ago
Read 2 more answers
Market Research is necessary to discover the potential success of new and existing products. True False
arlik [135]
True Market Research is necessary to discover existing products
8 0
3 years ago
Other questions:
  • Select items that affect incentives for people to produce and exchange goods and services.
    15·2 answers
  • Customer relationship management (CRM) helps ________. A. firms monitor and minimize employee turnover B. customers manage infor
    12·1 answer
  • Suppose you found a CD that pays 4.9% interest compounded monthly for 4 years. If you deposit $10,000 now, how much will you hav
    11·1 answer
  • Is there anyone good in Accounting?
    10·1 answer
  • In the 1980s, the U.S. government forced Japanese automakers to limit their exports to the United States. The union representing
    14·1 answer
  • Money for a personal loan is usually issued to the borrower
    7·2 answers
  • Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new mod
    14·1 answer
  • Popular Company utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On Janu
    12·1 answer
  • Help need ASAP!
    12·1 answer
  • Martin Inc. began construction on a building in 2020 and paying a construction company $600,000 in 2020. Martin also had avoidab
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!