Explain why do you think you would be hired based on your selected interview outfit?

A buyer contracts to purchase a property from a seller for $212,000. Two weeks before closing, a buyer's agent for another compa

ehidna [41]

The listing associate should present the offer to the seller as a potential backup offer for further negotiation.

<h3>Who is a seller?</h3>

A seller is any person or company who sells a product, service, or financial asset.
Short selling is the practice of borrowing securities that are not held in order to sell them and then repurchase them at a reduced price.
A "writer" is a seller of options who collects the premium from the buyer.

<h3>What is an offer?</h3>

In exchange for something else, a commitment to do or refrain from doing something.
An offer must be worded and delivered in such a way that a reasonable person would expect its acceptance to result in a binding contract.

Therefore, the listing associate should present the offer to the seller as a potential backup offer for further negotiation.

Know more about a seller here:

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7 0

2 years ago

Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t

Marina86 [1]

Answer:

B. a fixed-price contract.

Explanation:

"A fixed price contract places minimum administrative burden on the contracting parties, but subjects the contractor to the maximum risk arising from full responsibility for all cost escalations. Also called firm price contract."

Mr. Plow couldn't come back to Springfield because he took full responsability for all cost escalations.

Reference: WebFinance Inc. “What Is Fixed Price Contract? Definition and Meaning.” BusinessDictionary.com, 2019

3 0

3 years ago

Hale Company sells merchandise on account for $1,000 to Long Company with credit terms of 2/10, n/30. Long Company returns $200

Vladimir79 [104]

Answer:

Amount of Check = $784

so correct option is a. $784

Explanation:

given data

Merchandise on account = $1,000

Long Company returns = $200

credit terms = 2/10

n/30

to find out

What is the amount of the check

solution

we know here that Total Merchandise will be

Total Merchandise = Merchandise on account - returns ....................1

Total Merchandise = $1000 - $200

Total Merchandise = $800

and

discount will be here

Discount = 0.02 × 800

returns = $16

so

Amount of Check will be as

Amount of Check = Total Merchandise - Discount ...................2

put here value

Amount of Check = Total Merchandise - Discount

Amount of Check = $800 - $16

Amount of Check = $784

so correct option is a. $784

7 0

3 years ago

Which of the following can result from inflation in the United States?

Semenov [28]

Answer:

b. Investors buy products in other countries.

Explanation:

Inflation causes higher cost of production for manufacturer which then charge high cost for the products. Thus, if there is inflation in US, product cost will skyrocket thus companies will buy products from other countries where the product might be at a cheaper cost.

4 0

2 years ago

Magic City Enterprises manufactures a beautiful bookcase. Listed below are a number of costs incurred. Identify each cost as eit

FrozenT [24]

Answer:

1. Factory Rent = Fixed , Product (Indirect Cost)

2. Advertising = Fixed , Period

3. Packing Supplies for Shipping = Variable, Period

4. Factory Security Guard = Fixed, Product (Indirect Cost)

5. Wages of Employees Who Sand the wood = Variable, Product (Direct Cost)

6. Administrative Assistant in Corporate office = Fixed , Period

7. Paper Towels in the Men's Room in the Factory = Fixed , Product (Indirect Cost)

8. Executive Jet = Fixed, Period

9. Lumber = Variable, Product (Direct Cost)

10. Depreciation on Factory Tools (Straight-Line) = Fixed, Product (Indirect Cost)

Explanation:

Product versus Period Cost.

A product cost is attached to the cost object and is included in the valuation of the cost object.All manufacturing costs are product costs.

Period costs are not attached to the products. Non-manufacturing costs are Period costs.

Fixed versus Variable.

Behavior of costs in relationship with Activity will tell us whether a cost is a Fixed cost or Variable Cost.

Fixed Costs remain the same for any level of activity, whilst variable costs vary in direct proportion to with the level of activity.

Direct versus Indirect.

By observation of the cost object, we are able to identify is a cost is a direct cost or indirect cost.

Direct costs can be easily traced on the cost object. Indirect costs are difficult to trace on the cost object.

4 0

3 years ago