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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.

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________ occurs when production is in accordance with consumer preferences.
Alika [10]

Answer:

The correct answer is Allocative efficiency.

Explanation:

Although there are different evaluation standards for the concept of allocation efficiency, the basic principle states that, in any economic system, the different options in the allocation of resources will produce both "winners" and "losers" in relation to the choice being evaluated. The principles of rational choice theory, individual maximization, utilitarianism and market theory assume, in addition, that the results for both winners and losers can be identified, compared and measured.

From these basic premises, the objective of maximizing the efficiency in the allocation can be defined according to some neutral principle in which some options are considered “objectively better than others”. For example, an economist might say that a change in policy increases the efficiency of allocation, as long as those who benefit from the change (winners) earn more than the losers lose.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

7 0
3 years ago
americans pay federal, state, and local governments nearly percent of every dollar they earn in taxes.
frozen [14]

nearly 41.1   percent of every dollar they earn in taxes.

the required details about taxes is given in below link

In the United States, the primary source of tax revenue was from individual income taxes (federal, state, and municipal).

sources of US tax revenue.

The United States relies substantially more on individual income taxes and property taxes than the OECD average. Individual income taxes generated 41.1 percent of total tax revenue in the United States, compared to an average of 24 percent in OECD countries—a 17.1 percentage point differential.

This is mainly due to the fact that in the United States, more than half of business income is reported on individual tax returns. In comparison to other OECD nations, the United States' method of taxing business income increases the share of tax revenue from individual income taxes and decreases the share of tax revenue from corporate taxes.

to know more about US tax revenue.

brainly.com/question/27978084

#SPJ4

4 0
1 year ago
Action verbs you might use on a job application
kirill [66]
Accomplished, Achieved, Active in, Awarded, Assisted, Broadened, Built, Chaired, Championed, Completed, Delegated, Distinguished, Enacted, Enhanced, Facilitated, Formulated, Graduated, Granted, Handled, Helped, Implemented, Improved, Increased, Initiated, Joined, Kept, Led, Licensed, Managed, Mastered, Navigated, Netted, Obtained, Outlined, Performed, Placed, Qualified, Received, Recorded, Secured, Served, Taught, Trained, Understudied, Undertook, Verified, Volunteered, Widened, Worked.

Hope these help!!!




4 0
3 years ago
Micromedia company offers computer training seminars on a variety of topics. In the seminars each student works at a personal co
Soloha48 [4]

Answer:

the break-even quantity is 18 students

Explanation:

Break Even point is when a firm neither makes a profit nor a loss

Break Even = Fixed Costs/Contribution per Unit

                   = $4800/($300-$30)

                   = 17.77777778

                   = 18 students

Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.

3 0
3 years ago
Which industry is a good example of the involvement by business in washington lobbying as their number of lobbies has skyrockete
yulyashka [42]

The Healthcare industry is a great example of how the industry has become involved in Washington lobbying, as the number of their lobbies has increased recently.

According to the Public Disclosure Commission (PDC), lobbying is "attempting to influence the approval or rejection of any rule, standard, rate, or another legislative enactment by any state agency under the state Administrative Procedure Act, RCW.

In  Washington, the sector that has spent the most on lobbying over the past 24 years is the pharmaceutical and health goods sector. Insurance, electric utilities, electronics manufacturers, and business groups are further businesses that spend a lot of money on lobbying.

The pharmaceutical and health goods business has outspent all others in lobbying spending $5.17 billion total.

To learn more about Lobbying

brainly.com/question/17015528

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6 0
2 years ago
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