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
OLga [1]
3 years ago
15

A down payment deposit from a potential buyer must be held in: Group of answer choices The seller's bank account The salesperson

's bank account The broker's own bank account The broker’s escrow trust account.
Business
1 answer:
Andreyy893 years ago
4 0

Answer:

The explanation and solution of this question is given below in explanation section.

Explanation:

The correct option of this question is :

The broker’s escrow trust account.

This method mostly used in freelancing. Upwork is one of the freelancing websites. It uses escrow trust account where potential buyer deposit the down payment and this deposit payment will be released to a potential client as he completes the contract with the buyer.

Why other options are not correct.

The amount does not directly deposited in the seller's bank account. because it is chances that the seller either will not work or complete the work and take the money away.

A salesperson bank account is also an incorrect option.

You might be interested in
My bunnies Lola (gray and white) and Sylvester (brown)
Elden [556K]

Answer:

cute

Explanation:

theyre so cute

3 0
2 years ago
At the beginning of a year, a company predicts total direct materials costs of $900,000 and total overhead costs of $1,170,000.
ASHA 777 [7]

Answer:

1.30

Explanation:

The cost of production is usually split into direct and indirect cost or overheads. the overheads is usually stated as a function of the direct cost( labour, machine hours, materials etc.)

The predetermined overhead rate

= $1,170,000/$900,000

= 1.3

This means that the company will incur an overhead cost of $1.30 for every $1 spent on direct materials.

6 0
3 years ago
According to Markowitz and other proponents of modern portfolio theory, which of the following activities would not be expected
IgorLugansk [536]

Answer:

D. Engaging in active portfolio management to enhance returns

Explanation:

5 0
3 years ago
Visit the eBay website and identify three ways a small business can use the website to support its operations.
Alex787 [66]

Answer:

The eBay website provides a platform for the small business to grow and do business using their sites.

Explanation:

eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.

Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :

  • eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.
  • It is waiving off the fees for selling products for up to 500 sold products on eBay websites.
  • It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.
8 0
2 years ago
What is an information system designed to integrate internal and external members of the supply chain?
djyliett [7]

<u>Answer:</u>

<u><em>(E) Enterprise resource planning </em></u><em> is an information system designed to integrate internal and external members of the supply chain</em>

<em></em>

<u>Explanation:</u>

ERP is a procedure utilized by organizations to oversee and coordinate the significant pieces of their organizations. Numerous ERP programming applications are imperative to organizations since they assist them with actualizing asset arranging by incorporating the entirety of the procedures expected to run their organizations with a solitary framework.

ERP applications likewise enable the various offices to impart and share data all the more effectively with the remainder of the organization. It gathers data about the action and condition of multiple divisions, making this data accessible to different parts, where it tends to be utilized gainfully.

8 0
3 years ago
Other questions:
  • Suppose you have $12000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for fut
    7·1 answer
  • The value of a firm is maximized when the: Multiple Choice
    13·1 answer
  • Which of the following statements best represents the reason for the accounting equation?
    11·1 answer
  • What is the price of a European put on a non-dividend-paying stock when the stock price is $79, the strike price is $77, the con
    13·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • Which of the following statements is true of conversion​ costs? A. The conversion cost needed for a completed unit and the conve
    13·1 answer
  • In your opinion ,what is the correct priority in making a business decision?
    11·2 answers
  • A hedge fund returns on average 26% per year with a standard deviation of 12%. Using the empirical rule, approximate the probabi
    14·1 answer
  • 19. 14 oz of gold equals how much in dollars.
    11·1 answer
  • Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, which is an example of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!