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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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3 years ago
Dorian has started a cultural shift at his organisation in quality process. Which type of reaction will he most likely face in t
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The type of reaction will he most likely face in the early stages is rigid and reactive.

<h3>What is Organization?</h3>

Organization refers to the group of people working together in order to achieve the organizational goals. The goal of every organization is to maximize the profits for which it takes various activities.

In the above scenario, Dorian has started a cultural organization in a quality process. The changes made in any of the organization are rigid at first place.

The employees of the Dorian organization will react to the changes made regarding culture of the organization. Later on everyone will be adaptive to the changes.

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5 0
2 years ago
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umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

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8 0
1 year ago
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Answer:

C. $25,000

Explanation:

The interest charges on the account(margin) are based on the debit balance in the account. Also, credits that came as a result of short sales are usually not matched off against debits in the account, hence interest charges is based on the $25,000 debit balance.

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